Mang Inasal Franchise Details
- Initial set up Fee: ₱1.2 Million VAT exclusive (Non Refundable)
- Franchise Term: 7 years (Renewable – Sole option & discretion of Franchisor)
- Royalty Fee: 5% (Net of Sales)
- Advertising Fee : 2% (Net of Sales)
- Estimated Investment: ₱12-14 Million
- Estimated ROI: Dependent on several factors such as sales, market potential investment & ability of the franchisee to control his operating expenses
How much does it cost to open Mang Inasal franchise?
Basically, you need to know the following information about pursuing a franchise of Mang Inasal. For the franchise fee, the initial rate is Php 1.2 million which covers the use of brand or trade name, support and assistance for operation including the training of personnel and opening or marketing support.
How many locations does Mang Inasal have?
Mang Inasal currently boasts of a store count of more than 500 outlets nationwide. How much is the franchise fee of Mang Inasal? A full franchise unit of Mang Inasal requires an investment ranging from P12 Million to P18 Million. The actual amount is dependent on the approved store type and size.
How much does it cost to open a store in the Philippines?
Stores should have minimum floor areas of 250 square meters, with frontage of at least 10 meters. Upon approval of the franchise application, a set-up fee of P1.2 Million will initially have to be paid by the franchisee. This amount is non-refundable and is VAT exclusive.
How much do you need to start a franchise in the Philippines?
You’ll need to pass a credit check and potentially qualify as an investor, but these requirements are much smaller than comparative investments either foreign or domestic that you could make. In a recent survey of franchisees, each business was pulling in PHP150,000 per month of profitability, or about $3,000 at the time of this writing.
See more
What does the initial franchise fee cover for Mang Inasal?
Php 1.2 millionFor the franchise fee, the initial rate is Php 1.2 million which covers the use of brand or trade name, support and assistance for operation including the training of personnel and opening or marketing support. Franchise of Mang Inasal has a term of agreement that runs up to 7 years and renewable.
How much is Chowking franchise in the Philippines?
Chowking Franchise Details: Marketing Fee: 4 % Franchise Fee: PHP 1,000,000. Investment Capital: PHP 14m - 15m.
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).
How much does Mang Inasal earn?
How much does Mang Inasal in the Philippines pay? 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 does a 711 franchise cost?
What is my initial investment? - Franchise Fee amounting to Php 600,000.00 to be paid upon approval of the application.
How much is a 2022 Jollibee franchise?
Jollibee Franchise Details: Marketing Fee: N/A. Franchise Fee: PHP 35,000,000.
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 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 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.
Why Mang Inasal is the best franchise?
The primary reason for Mang Inasal's success is its wide array of Filipino comfort food, especially Chicken Inasal - with its distinct taste that Pinoys have grown and continue to love.
How much is Jollibee franchise in the Philippines?
We provide estimated franchise costs for some countries: - In Philippines, the total investment to start the Jollibee Restaurant is around Php 35 million to Php 55 million. - In the United States, the total investment to start the Jollibee Restaurant is around $450,000 to $800,000.
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 is KFC franchise in Philippines?
Franchise investment cost starts at P19 Million. Final cost will be based on asset type, location, and store area.
How much is a Jollibee franchise in the Philippines?
We provide estimated franchise costs for some countries: - In Philippines, the total investment to start the Jollibee Restaurant is around Php 35 million to Php 55 million.
How much will it cost to franchise Jollibee?
P25 million to P35 millionJollibee 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.
What are the top 5 franchises 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 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:
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.
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
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 the Filipino way of cooking chicken?
What is significantly unique to Filipinos is that it has its way of cooking chicken that will surely make you crave for more. This is the chicken inasal way. Consequently, this is the brilliance of Iloilo homegrown fast food chain Mang Inasal. It just quickly captured the hearts of many Filipinos and swiftly turned around its business and instantly made 26 branches in the provinces in a span of only 2 years. An outlet was opened in Manila (the make or break city) in 2006 and its phenomenon continues to soar. It definitely made a breakthrough in the fast food industry as the first quick service restaurant serving grilled chicken barbecue. To date, there are around 500 Mang Inasal restaurants all over the country and has evolved its menus to satisfy Filipino cravings. Thus, if you want to offer Pinoy specialties such as chicken barbecue, pork barbecue, sisig, sinigang, bangus, kamote fries and the likes, you will never go wrong with Mang Inasal as it will truly satisfy the empty stomachs of the Filipino people.
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
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 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.
2 Years is What It Needs
This is where one popular business started. Having captivated the hearts of millions of Filipinos, Mang Inasal offers what many of us are craving for. With its well-cooked and saucy-flavored chicken, Mang Inasal became an instant sensation as business expansion is inevitable.
First Branches
Mr. Sia opened its other branches in the Visayan region before expanding to its neighboring island of Mindanao. After conquering the South, he tried his luck in the populous city of Metro Manila and he was not disappointed.
Acquisition Period
Jollibee, the leading fast food chain in the country, acquired 70% of Mang Inasal’s stakes at the stock market worth ₱3 billion. Six years after, in April 2016, the remaining 30% of the company’s stakes was acquired by the same company.
Franchsie Details
As a subsidiary of Jollibee Foods Corporation, Mang Inasal is now known as one of the world’s fast food chains in terms of quick service. Joining forces with the success framework of Jollibee, Mang Inasal was able to reach out to some of the most strategic locations on the country.
Doors are Open for Franchising
As it continues to welcome entrepreneurs who want to be part of the fast growing, quick service Mang Inasal business community, the company has lend its hands for franchising. For interested parties, the company offers a complete package. In this package, the operational system not to mention the marketing and promotional support, are included.
Requirements and Qualification for Franchising
Mang Inasal is looking for someone who will not destroy the name of the company. The franchisee must be enthusiastic, highly motivated and has this immeasurable interest in running a business. Furthermore, this individual is highly engaged and always focuses on the success of the company.
Terms of Investment
After setting up the initial fee of ₱1.2 million, there are other things included in the package, namely:
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.
About Mang Inasal Franchise
Franchise Products Or Services
- Sulit Meals
- Party Pan
- Paborito Meals
- Merienda
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. 1. Operational System 2. Marketing & Promotional Support 3. Initial Hiring & Selection, Extensive training of Store Team 4. Construction of the Store 5. Equipment and Facilities 6. Furniture and Fixtures 7. Pre-Operating Expenses
Franchise Application Process
- Just follow these 2 steps: Complete the following initial requirements: 1. Signed Letter of Intent 2. Download LOI Template here 3. Site References 4. Site Map Indicate Lot and nearby Landmarks (Google Maps Screen Shot of Map & Satellite View at 100m Scale) – ensure to mark on the map your proposed location 5. Photos of Proposed Site 360 degrees view: front view (100m away & 3…