How much does a Potato Corner franchise cost? Potato Corner has a franchise fee of up to $30,000, with a total initial investment range of $186,500 to $596,000. Initial Franchise Fee: $30,000
How much does it cost to buy a pot corner franchise?
Potato Corner is graded based on our most recent research. How much does a Potato Corner franchise cost? Potato Corner has a franchise fee of up to $30,000, with a total initial investment range of $186,500 to $596,000. Royalty Fee: 6.0%
How much does it cost to open a pot corner?
Potato Corner is graded based on our most recent research. How much does a Potato Corner franchise cost? Potato Corner has a franchise fee of up to $30,000, with a total initial investment range of $186,500 to $596,000.
What states allow franchisees to sell franchises?
It is for information purposes only.Currently, the following states regulate the offer and sale of franchises: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin.
How much is the capital of Potato Corner?
Potato Corner Franchise Details: Marketing Fee: N/A. Franchise Fee: PHP 100,000. Investment Capital: PHP 200k - 1.2m.
How much does it cost to open a Potato Corner in the Philippines?
PHP 150,000 – Franchise Fee for 5 Years. PHP 260,000 – Cart, Wares, Equipment. PHP 5,000 – Initial Supplies.
How many franchise does Potato Corner in Philippines?
With more than 200 outlets nationwide (70% of which are franchise-operated), Potato Corner is definitely here to stay, as markets predict that the business will steadily grow. One indicator is that the business managed to expand abroad. -for malls, shopping centers, commercial spaces, bus terminal, supermarkets, etc.
Is Potato Corner a franchise?
Having been in the business for 25 years, Potato Corner is a trailblazer in the franchise industry, consistently winning awards to recognize its simple yet effective business model.
Is Potato Corner franchise profitable?
Based on Potato Corner's projections, if your sales amount to P5,500 a day, which totals to gross sales of P165,000 in 30 days, you can earn at least P32,576** net every month after you subtract your food, electricity, rent, labor costs, and other expenses.
How much does it cost to start a Potato Corner?
How much does the Potato Corner franchise cost? Potato Corner has a franchise fee of up to $35,000, with a total initial investment range of $186,500 to $596,000.
How much is a Petron franchise?
To start your Petron franchise, you need to have your own lot to build your gas station on, as well as a total investment cost of P1 million to P2. 5 million, exclusive of a cash bond of P100,000. Once you're done, expect your fortune to trickle like black gold.
How much is Inasal franchise?
INVESTMENT DETAILSItemsDetailsRoyalty Fee5%Advertising Fee3%System Enrollment FeePhp 1,200,000.00Estimated Capital InvestmentPhp 15 to 22 Million2 more rows
How much is a 7 11 franchise?
- Initial Store Supplies (Php 170,000.00), Initial Merchandise (Php 800,000.00), Construction Cost (approximately 2.03 Million Pesos), Advance Rent and Deposit (Depending on the lease terms) are settled before opening the store - Total Cash Outlay will range from 3.5 Million Pesos to 5 Million Pesos.
Who owns the Potato Corner?
Shakey's Pizza Asia Ventures Inc.Potato CornerProduct typeFrench fries outlet chainOwnerShakey's Pizza Asia Ventures Inc. (SPAVI)CountryPhilippinesIntroduced1992MarketsSoutheast Asia, Middle East, East Asia, Australia, North America1 more row
Who is the CEO of Potato Corner?
Jose Magsaysay Jr.Jose Magsaysay Jr. Chairman/CEO, Partner Ng Bayan, Inc. Jose Magsaysay Jr. or Jomag is an entrepreneur, a mentor, and currently the President, CEO and Chairman of three organizations including Cinco Corporation, the company behind the Potato Corner franchise business.
What are the best franchise in the Philippines?
Some of the best franchises in the Philippines include Jollibee, McDonald's, Phoenix Petroleum, TGP, 7-11, and Bayad Center. These businesses offer high-quality products and services (some with affordable prices), making them popular with consumers.
How much does a Potato Corner make?
Average Potato Corner Service Crew monthly pay in the Philippines is approximately Php 14,217, which is 9% above the national average.
How do I start a Potato Corner franchise?
application process & requirementsFranchising Potato Corner is for you! ... Step 1: Requirements.a. ... Step 2 : Initial Interview.Step 3: Site Inspection and Approval (2-3 weeks)Step 4: Grant Meeting (Awarding of Site)Step 5: Contract Signing and Payment.Step 6: Store Construction or Preparation of Store Opening.More items...
What are the best franchise in the Philippines?
Some of the best franchises in the Philippines include Jollibee, McDonald's, Phoenix Petroleum, TGP, 7-11, and Bayad Center. These businesses offer high-quality products and services (some with affordable prices), making them popular with consumers.
Who is the owner of Potato Corner?
Potato Corner is a global Philippine food franchise known for its flavored French fries....Potato Corner.Product typeFrench fries outlet chainOwnerShakey's Pizza Asia Ventures Inc. (SPAVI)CountryPhilippinesIntroduced1992MarketsSoutheast Asia, Middle East, East Asia, Australia, North America1 more row
How much does a Potato Corner franchise make?
As with any business, profits from a Potato Corner franchise depend on a variety of factors. Typically, profits are proportionate to the size of investment. Demand for your products, labor costs, commercial lease rates and a number of other variables also play a huge role in your bottom line. For system-specific data, unlock this franchise .
How many franchise locations do they have?
As of the 2021 Franchise Disclosure Document, there are 27 franchised Potato Corner locations in the USA.
What is franchise grade?
Franchise Grade is dedicated to providing research and education that can help you make confident franchise investment decisions.
What is the average size of a Potato Corner location?
Prior to opening, you will be required to attend a two-week intensive training at our corporate store locations in Los Angeles where you will learn full FOH and BOH procedures. Additionally, once you are set for your Grand Opening, we will come train you and your General Manager onsite.
Where did Potato Corner originate?
. Potato Corner originated in The Philippines in 1992 as a cart business.
What franchising opportunities do you offer?
Our franchise system is based on a multi-unit operator model. We do look for any franchisee joining Potato Corner to commit to opening multiple locations. The total number of locations required will be determined, at our sole discretion. It will be based off the geographic territory you are interested in and the number of locations that area could support. Single location opportunities are also available and will be evaluated on a case by case basis.
What is the typical investment cost for each location?
While costs are variable based on numerous circumstances, the typical cost for each location is about $225,000
Do I need previous restaurant experience?
While we do prefer that candidates have prior experience, it is not a requirement. What we do require are franchisees who will be hands on in developing their business, as well as active in the daily operations of their locations. We want franchisees who are motivated to grow Potato Corner’s presence in their geographic area. You must also be willing to follow our proven system of standards and guidelines, as well as exemplify and promote the highest levels of customer service.
What is the best flavored fries?
Potato Corner, dubbed as the World’s Best Flavored Fries, has been a leading brand in the food industry for 25 years.
Is Potato Corner a franchise?
It has received the Franchise Excellence Hall of Fame Award by the Philippine Franchise Association and Department of Trade and Industry in 2003, won Best Franchise of the Year on three consecutive years, and most recently, bagged the Global Franchise Award recognized by the same institution. Potato Corner is truly an iconic brand for kids ...
Is the franchise industry booming?
The franchise industry is booming, and entrepreneurs are wondering about how this sector works. This ebook aims to help aspiring franchisees achieve their business goals.
Nobody Puts Potato in the Corner
Potato Corner offers some of the greatest-tasting and seasoned french fries and other potato fixings. They will even throw in some chicken on the side. Whether baked or fried, no matter the potato you are craving, you’ll be sure to find it at Potato Corner.
Franchising Potato Corner
O you have a high-traffic location near you that you’re dying to grab and turn into a Potato Corner franchise business? Then listen (or read) up. Since beginning in 1992, the franchise opportunity has definitely shown some growth. By the end of 2017, there were a total of 26 franchise outlets running.
The Overall Experience
Potato Corner is honestly a great establishment. They have a one-of-a-kind business running that offers delicious french fries with delectable seasonings for you to choose from. There aren’t many restaurants around the country that offer this type of great tastiness.
What to consider when franchising Potato Corner?
1 Make sure that you really want to own this franchise and this will best fit your venture among other offered business opportunities.
How many shops does Potato Corner have?
This proves the staying power and appeal of its product lines. At present, Potato Corner has 100 shops, and still in its growth stage. The international arena is Potato Corner’s natural next step.
When did Potato Corner start?
Potato Corner. Potato Corner began operations in the Philippines in 1992. This initial kiosk paid itself back in just one month. The following year, franchise operations began. By 1995, Potato Corner grew to 70 outlets – a mixture of carts, kiosk, counters and dine-in shops. Potato Corner managed to weather 1997’s Asian economic crisis, ...
Where is Potato Corner?
Beginning with Singapore, Potato Corner is poised to enter Malaysia, Indonesia and Thailand, as well as neighboring ASEAN Countries. Potato Corner’s entry to Singapore marks an opportunity to introduce to the ASIAN market even more varieties than we currently have in the Philippines.
Is Potato Corner a good franchise?
Financing that may come from various sectors may be availed easily when putting up a good reputation franchise like Potato Corner.