Guide on Greenwich Pizza Franchise Cost & the Inclusions
GREENWICH PIZZA FRANCHISE COST – You can check here the important details with regards to franchising the fastfood chain to have your own.
In the Philippines, one of the most popular fastfood chains is Greenwich which is under the Jollibee Group of Companies. The Jollibee Group has eight-wholly brands including Chowking, Mang Inasal, Jollibee, Red Ribbon, Hong Zhuang Yuan, Yonghe King, and Smashburger.
The Jollibee Group also has franchise of the Panda Express, Burger King, and Yoshinoya in the country. With regards to Greenwich which is wholly-owned by the company group, it offers franchising.
Greenwich is one of the most popular pizza fastfood chains in the Philippines. It has several branches across the nation and its stores usually never fail to gather the crowd most especially during meal times.
Are you one of the fans of Greenwhich Pizza? You might like to take your appreciation of their food in the next level and take the chance to make a business out of the brand.
Undeniably, the first thing that will come to many people’s mind is that how much is the Greenwich Pizza franchise cost. The fastfood chain only offers full store franchise units.
The total Greenwich Pizza franchise cost may range between Php 15 million to Php 31 million depending on the type and size of the store. The size of the property will be based on the store that you want to put up. The required floor area may range between 60 square meters to 150 square meters.
The Greenwich Pizza franchise fee is Php 1.2 million. The franchise includes the following:
- initial set-up fee
- design fees
- construction cost
- equipment and facilities
- furniture and fixtures
- air-conditioning system
- signage
- pre-opening expenses (training hours of crew and managers)
- initial inventory
- initial hiring selection
How about the return of investment? The estimated ROI is between 4-5 years. Aside from the total Greenwhich Pizza franchise cost, it is best to know the Royalty Fee of the fastfood chain. The “royalty fee and advertising fee is five percent (5%) of gross sales”.
The franchise term is 10 years and it is renewable based on the franchisee and the store’s performance. There are requirements set to franchise Greenwhich.