Mang Inasal Franchise Details:
- Industry: Food & Beverage
- Category: Restaurants
- Royalty Fee: 5 %
- Marketing Fee: 2 %
- Franchise Fee: PHP 1,200,000
- Investment Capital: PHP 10m - 12m
| Items | Details |
|---|---|
| Royalty Fee | 5% |
| Advertising Fee | 3% |
| System Enrollment Fee | Php 1,200,000.00 |
| Estimated Capital Investment | Php 15 to 22 Million |
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How much does Mang Inasal earn?
How much does Mang Inasal earn? The average Mang Inasal monthly salary ranges from approximately Php 9,729 per month for Service Crew to Php 20,000 per month for Office Administrator.
How much is the capital of Mang Inasal?
Franchise Fee: PHP 1,200,000. Investment Capital: PHP 10m - 12m.
How long is Mang Inasal franchise?
The company started franchising in 2005. By 2008, Mang Inasal had opened 23 restaurants, with ten being franchised. In 2009, Mang Inasal expanded to over a hundred branches. In October 2010, 70% of Mang Inasal was acquired by Jollibee Foods Corporation (JFC), for ₱3 billion ($68.8 million).
What is the lowest franchise in the Philippines?
food cart franchiseThere are many options for a low-cost franchise business in the Philippines in 2022. The cheapest you can get is a food cart franchise worth ₱20,000. For this amount, you'll get the complete set of equipment, initial products for selling, and crew uniform and training.
How much is MCDO franchise?
McDonald's franchisee applicants must have a minimum of $500,000 available in liquid assets and pay a $45,000 franchise fee. Those looking to launch a new McDonald's franchise can expect to shell out between $1,314,500 and $2,306,500. Existing franchise prices can cost upwards of $1 million or more.
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.
How much is franchise of Jollibee?
Upon receipt of application, this will take 1 month of processing. However, submission of an application form does not obligate you or Jollibee in any way. It is just the first step in the application process, which is an evaluation of your proposed location. Jollibee franchise ranges from Php 25-35 Million.
How can I get Mang Inasal franchise in the Philippines?
FRANCHISE APPLICATION PROCESSComplete the following initial requirements: a. Signed Letter of Intent (LOI) - Download LOI Template here. b. ... Submit these documents through any of the following: a. Mail. ... For more information, you may contact: Mang Inasal Franchising. Mobile Number: +63 998-495-5643.
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.
Can I buy a franchise with 100K?
Though some franchises might be out of your current budget, there are many great options that you can get up and running for under 100k. There are many types of franchises to choose from, and depending on your skills and interests, there is likely a franchise that will fit you best.
How much is Jollibee franchise in PH?
- In Philippines, the total investment to start the Jollibee Restaurant is around Php 35 million to Php 55 million.
What can you franchise under 100K?
Ease into entrepreneurship with these affordable franchises....Here are a couple of easy-on-the-wallet franchises that you can look into with packages that are below 100K:Kettle Korn: P15,000. ... Pinoy Pao: P26,888. ... Sisig Stop: P42,888. ... Happy~Haus Donuts: P50,000. ... ML Express: P99,000.
How much is the starting capital of Jollibee?
Jollibee has served its unforgettable dishes throughout the years, and is continuously evolving and growing. Total initial capital investment: Not much information is given, but those considering to franchise should prepare P25 million to P35 million in Philippine outlets.
Who purchased Mang Inasal for 5 billion pesos?
With this acquisition, JFC now owns 100% of Mang Inasal Philippines. The JFC Group of Companies will also continue its strong business relationship with Mr. Edgar Sia II, former owner and founder of MIPI, together with his team, primarily the DoubleDragon Properties Corp.
How much is the franchise of Max's in the Philippines?
Franchise Fee: PHP 2,000,000. Investment Capital: PHP 14m - 22m.
How much is the salary of Mang Inasal manager?
Average Mang Inasal Restaurant Manager monthly pay in the Philippines is approximately Php 14,735, which is 29% below the national average.
How Much is the Mang Inasal Franchise Fee?
So if you are a business buff or a success-driven entrepreneur who wants outstanding leverage of your investment, then prepare to follow Mang Inasal Franchise standard operating system and some requirements needed to comply with franchising. Most especially the financial requirements needed to operate the business.
Contact Details
If you are interested with the Mang Inasal Franchise, you can contact them through any of their contact details listed below:
Who is Mang Inasal?
The man behind the success of Mang Inasal or Mr Barbecue is a young entrepreneur from Iloilo City named Edgar ‘Injap’ Sia. He first opened his restaurant in December 2003 in the same city and the rest was history. Because of this success, Jollibee Foods Corp, the country’s no. 1 food chain acquired 70% of its share making Jollibee a stronger number 1. But, even with the said acquisition, Mang Inasal still remains to be different in the eyes of Filipinos as it continues to be unique in terms of food choices. The inasal chicken in particular is still something that can be flaunted out.
What is Mang Inasal support package?
If you are an interested franchisee, Mang Inasal offers a complete support package that includes operational system, marketing and promotional support, assistance in initial hiring and selection, extensive training of store team and construction of the store (equipment and facilities, furniture and fixtures, pre-operating expenses
How long does it take to get a franchisee to go to the store?
Within 3-4 weeks, screening and store exposure of the franchisee is done. This is also the time for complete interview with HR, Franchising and Operations. The franchisee at this time should also attend the restaurant exposure program, have accomplished the Harrison Assessment and the franchisor have conducted the credit and background checks
How long does it take to train for Mang Inasal?
When everything are all covered, in about 2 weeks the franchisee undergoes the franchise training program at Mang Inasal’s main office
Do you need a restaurant background to be a franchisee?
For interested franchisees, restaurant background is not a requirement, as long as you have the financial capacity and the winning spirit, you can be a partner
Is BBQ break a kiosk?
BBQ Break now in a Food kiosk business model or in-line design and ready to serve you Nationwide with location assistance .No Royalty Fee, No Hidden Charges, No Set-Up Fee, FAST ROI.
About Mang Inasal Franchise
It all started with a Vision. Edgar “Injap” Sia, at the age of twenty six, grabbed the opportunity to lease a 250 square meter space at the Robinson’s Mall Carpark-Iloilo in December 2003.
Franchise Inclusions or Package
Mang Inasal franchise consists of a complete support package that directs to help franchisees operate Mang Inasal quick service restaurant successfully.
Franchise Application Process
Mail Franchising Division Room 714, 7th Floor, Globe Telecom Plaza 2 Madison St., Mandaluyong City 1550, Philippines
Franchise Business Address
Pioneer Highlands North Condominium, Pioneer Avenue corner Madison St., Mandaluyong City 1550, Philippines
Ultimate Guide to Franchising
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.
How much does it cost to open a Mang Inasal franchise?
In total, the typical investment required to get a Mang Inasal franchise location opened is about $150k to $250k, or 7 to 9 million pesos. There are minimum size locations that are required for this business, but the space is very minimal at just 200 square meters or so, depending on what your specific community needs happen to be. You’ll receive a 7 year initial term for the franchise, which is renewable at the end of the agreement.
What is the importance of Mang Inasal?
Whether that means adjusting seating patterns to accommodate customers better of finding a way to expand the business, Mang Inasal will help each franchisee find a way to make their guest experiences be the best they’ve ever had in a quick service environment.
What is the requirement for a franchisee in Mang Inasal?
Mang Inasal allows businesses to apply as franchisee. They must either be a Sole Proprietorship or a Corporation. For corporate applicants, the principal owner must own at least 20% of the company’s outstanding shares and must have at least 67% voting rights in the corporation.
What are the requirements to become a Mang Inasal franchisee?
Mang Inasal requires franchisees to: Be highly engaged, business-oriented, success-driven entrepreneur with strong desire to venture and invest in a long term business partnership with Mang Inasal. Possess the willingness and capability to learn the business.
What is a free standing store?
1. Free Standing Store. This is a stand-alone and a two-level store with sufficient parking space. 2. Mall Store. This store is located within the vicinity of a mall. 3. In-Store. This store is located within a building with adjacent tenants on both sides.
Does Mang Inasal require franchise experience?
What’s even better news is that Mang Inasal does not require past franchise or restaurant experience. Although previous restaurant management is a plus, the company provides franchisees with basic business management training. Mang Inasal allows businesses to apply as franchisee.
Who owns Mang Inasal?
At present, Mang Inasal is a wholly owned company by Jollibee Foods Corporation (JFC), the country’s largest fast food chain. Mang Inasal currently boasts of a store count of more than 500 outlets nationwide.
Do franchisees have to have a location?
According to the company, they are not in charge of providing a location to franchisees. This also means, during the application process, the prospective franchisee should already have a proposed store location. In fact, a layout map and photos of the site are required to be submitted during application.
How many Mang Inasal locations are there in the Philippines?
Mang Inasal has more than 500 locations in Philippines. So if you are interested in opening their franchise here is the cost in the table below.
How to contact Mang Inasal?
To contact the team of Mang Inasal you can also fill the contact form on their website.
What is Mang Inasal?
Mang Inasal is a very famous barbecue fast food restaurant and if you’re looking for their latest menu then you’re in the right place. In this post, I will be sharing the latest menu of fast-food restaurants. Mang Inasal menu includes chicken inasal, sisig, halo-halo, inumin and ATBP. They are mainly known for their barbecued chicken and pork items.
Where is Mang Inasal located?
At present, they have more than 500 outlets nationwide and the headquarters of their company is in Mandaluyong, Metro Manila, Philippines.
How does Mang Inasal work?
Mang Inasal works on FSC philosophy’s strategy by serving great food, delivering excellent service and maintaining cleanliness and good store conditions every day. Mang Inasal has an affordable range of eatables. So without waiting, let’s check the latest menu prices of Mang Inasal.