Franchise Costs
- Cash Investment: $100,000
- Investment Range: $50,000 - $100,000
- Franchise Fees: $50,000
Full Answer
How much does Jollibee franchise cost?
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.
Is Jollibee a franchise in Canada?
The food franchise is currently at 25 locations, and growing, in Canada. According to the company's corporate website, the initial investment depending on the final store size and facilities ranges from $450,000 to $800,000 USD, which is approximately $ 577,665 to $1,026,960 CAD (as of July 2022 exchange rates).
Who owns Jollibee Canada?
Jollibee is a Filipino chain of fast food restaurants owned by Jollibee Foods Corporation (JFC). As of December 2021, JFC had a total of about 1,500 Jollibee outlets worldwide, with restaurants in Southeast Asia, the Middle East, East Asia (Hong Kong, Macau), North America, and Europe (Spain, Italy, UK).
How much does franchise cost in Canada?
The average initial franchise fee in Canada is $23,000. This fee covers costs like support, training, franchisee recruitment, grand opening launch, franchise development and site identification. In general, the initial fee is higher the more recognized and established your franchisor company is.
How much does Jollibee earn per day?
The average Jollibee monthly salary ranges from approximately Php 8,000 per month for Human Resources Assistant to Php 42,691 per month for Design Manager. The average Jollibee daily wage ranges from approximately Php 376 per day for Service Crew to Php 512 per day for Kitchen Team Member.
What is Starbucks franchise fee?
What are the Financial requirements for a Starbucks licensed store? You need to pay the licensing fee of between $50,000 – $315,000 and you must have over $1,000,000 in liquid assets to be considered for a licensed store by Starbucks.
Is it good to invest in Jollibee?
The entity has 1.11 B outstanding shares. JOLLIBEE FOODS CORP has accumulated about 33.66 B in cash with 19.64 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 30.29, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
How many Jollibee are in Canada?
SummaryNo.Country/TerritoryCurrent number of outlets (Date of source)19Canada21 (February 2022)20Oman1 (May 2017)21Italy2 (October 2020)22Macau1 (June 2018)20 more rows
Is Jollibee in Vancouver a franchise?
The Filipino fast-food chain beloved around the globe is gearing up to announce the opening day for its first-ever B.C. franchise, located in the heart of Vancouver at 833 Granville Street.
How much is a Tim Hortons franchise in Canada?
The estimated opening cost for a new Tim Hortons shop, including for the initial set up and first three months of operation, ranges between $94,000 and $2,162,500 USD, which is approximately $120,667 to $2,776,001 CAD (as of July 2022 exchange rates).
How much does a Tim Hortons owner make a year?
Unfortunately, franchise owner salaries can be drastically different depending on where the restaurant is located and how well it's doing. Owning a Tim Hortons can make some franchisees a salary of $40,480 per year for newer chains, and upwards of $107,660 for successfully established locations.
What does a Tim Hortons franchise cost?
The minimum you would expect to invest in a Tim Hortons location is $298,650. $1,394,000 is the maximum that someone opening a location should expect to invest. New franchisees can expect to pay a $25,000 franchise fee for the rights to open their own location.
Is Jollibee in Vancouver a franchise?
The Filipino fast-food chain beloved around the globe is gearing up to announce the opening day for its first-ever B.C. franchise, located in the heart of Vancouver at 833 Granville Street.
How many Jollibee are in Canada?
SummaryNo.Country/TerritoryCurrent number of outlets (Date of source)19Canada21 (February 2022)20Oman1 (May 2017)21Italy2 (October 2020)22Macau1 (June 2018)20 more rows
Is Jollibee a franchise?
Franchise Description: Jollibee Foods Corporation (USA) is the franchisor. The franchisor is a wholly-owned subsidiary of Jollibee Foods Corporation, a Philippine corporation.
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 many stores does Jollibee have?
Jollibee operates more than 130 stores outside the Philippines and present in 10 countries USA, Hong Kong, Brunei, Vietnam, Saudi Arabia, Qatar, Kuwait, Bahrain, UAE, and Singapore. Add to Cart.
How many Jollibee stores are there in the world?
At present, there are more than 1000 Jollibee stores worldwide and more than half of these are operated by franchisees.
What is Jollibee's vision?
This vision is the compass that guides us in carrying out our three B’s:
Is Jollibee a good company?
In a survey made by the Hewitt Associates, as cited in the Far Eastern Economic Review and The Asia Wall Street Journal, the Jollibee Group was the only Philippine Company that made it to the top 20 of Asia’ s Best Employers list, ranking #16. We also ranked 3rd among Asia’s Most Admired Companies in 2000 and we were cited as #1 in Overall Leadership among Top Ten Philippine Companies. Recognizing our drive and our entrepreneurship, we were also named the “Global Growth Company” by the World Economic Forum. Moreover, we are recognized as The Most admired corporation in the Philippines by Asian Wall Street Journal Review 200 (formerly Far Eastern Economic Review 200) for 7 consecutive years (1998-2004)
When was the best consumer goods company in Asia selected?
Selected in 2005 as “The Best Consumer Goods Company in Asia” by Euromoney, a financial publication in London UK based on a survey of investment analysts and researchers in the region – on strength of its management, growth potential and quality of earnings.
Is Jollibee a trusted brand?
In 2011, Jollibee voted as Trusted Brands in the Family Restaurant Category for the second year in a row.In 2012, Travel + Leisure magazine names Jollibee as one of the world’s best fastfood chains
How long does a franchise last?
Term of Agreement and Renewal: The length of the initial franchise term is 10 years. Franchisees may renew for one additional term of 10 years, if requirements are met.
How long is the franchise training program?
Training Overview: Franchisees are required to successfully complete a three-month full time Basic Operations Training Program (BOTP) at a designated training store. The franchisor periodically may provide and require franchisees and/or their Designated Manager attend and successfully complete refresher or supplemental training programs.
What are the requirements for a franchised restaurant?
Obligations and Restrictions: The Franchised Restaurant must at all times be under the direct supervision of either the franchisee, if the franchisee is an individual, or the Designated Manager , if the franchisee is a business entity. Franchisees must use the Approved Location solely for the operation of the franchised restaurant; must keep the franchised restaurant open and in normal operation as specified in the Manual; must refrain from using or permitting the use of the Approved Location for any other purpose or activity at any time without first obtaining the franchisor’s written consent; and must operate the franchised restaurant in strict conformity with the methods, standards and specifications in the Manual and as the franchisor may require otherwise in writing.
What is a franchisee restaurant?
Franchisees operate a casual, quick service restaurant offering hamburgers, chicken, pasta, assorted side items and other food and beverage items.
Does a franchise agreement give you an exclusive area?
Territory Granted: The Franchise Agreement does not provide franchisees an exclusive area or territory. Franchisees are granted the right to operate their franchised restaurant from one specific location only.
Is Jollibee a franchise?
Franchise Description: Jollibee Foods Corporation (USA) is the franchisor. The franchisor is a wholly-owned subsidiary of Jollibee Foods Corporation, a Philippine corporation. The franchisor grants franchises for the operation of restaurants in conjunction with the mark “Jollibee” and certain associated logos, and accordance with its “System.” Franchisees operate a casual, quick service restaurant offering hamburgers, chicken, pasta, assorted side items and other food and beverage items.
Have a slice of success
Joining the Jollibee Group is a winning investment. Through the years, we have developed into a company with the image that prizes customers above anything else. This is due to the fact that we are always up to date with current consumer trends, keeping a keen eye to what our customers are looking for.
Applying for Jollibee Franchising becomes easier!
You can download and print a copy of the Franchise application form or just click the buttons below!
How many Jollibee stores are there?
At present, there are more than 1000 Jollibee stores worldwide and more than half of these are operated by franchisees. However, demand does not wane and opportunities still abound in various markets both domestic and international. Jollibee operates more than 130 stores outside the Philippines and present in 10 countries – USA, Hong Kong, Brunei, Vietnam, Saudi Arabia, Qatar, Kuwait, Bahrain, UAE, and Singapore.
What is a jollibee?
The Jollibee Group is a reputed leader and innovator in the fast food industry. Franchise opportunities with us comprise three market segments; namely the Chicken & Hamburger chain (Jollibee); the Pizza-Pasta fast food segment (Greenwich); and the Oriental Food market (Chowking). Recently, we have welcomed into our family, our latest acquisitions and master franchise in the Philippines — Red Ribbon, Mang Inasal and Burger King. In China- Yonghe King, Hong Zhuan Yuan and San Ping Wang. Furhermore Jollibee entered into a joint venture in Vietnam- Highlands Coffee and Pho 24.
What is Jollibee's vision?
This vision is the compass that guides us in carrying out our three B’s:
Is Jollibee a winning company?
Joining the Jollibee Group is a winning investment. Through the years, we have developed into a company with the image that prizes customers above anything else. This is due to the fact that we are always up to date with current consumer trends, keeping a keen eye to what our customers are looking for. We constantly introduce new products, we keep in touch with our customers through various programs and promotion and we develop marketing campaigns that touch our customers’ sentiments.
When was the best consumer goods company in Asia selected?
Selected in 2005 as “The Best Consumer Goods Company in Asia” by Euromoney, a financial publication in London UK based on a survey of investment analysts and researchers in the region – on strength of its management, growth potential and quality of earnings.
Is Jollibee a trusted brand?
In 2011, Jollibee voted as Trusted Brands in the Family Restaurant Category for the second year in a row.In 2012, Travel + Leisure magazine names Jollibee as one of the world’s best fastfood chains
Joy is best when shared
Jollibee is the flagship brand of Jollibee Foods Corporation, the largest and fastest growing Asian restaurant company in the world. With 70 stores in North America, 1300 stores across the globe and many more yet to come, our mission is to spread the joy of eating.
Jolly Crispy Chicken
Jollibee is best known for Jolly Crispy Chicken, which is delicately hand-breaded to be crispylicious on the outside, with a secret marinade making it juicylicious on the inside.
Help us spread the joy of eating!
In the Philippines, there is a term we call “Bayanihan”, which means an act by which people work together towards a common good. If you have the Bayanihan spirit, we’d love for you to join the Jollibee family!
Our Commitment
It is our commitment to serve quality, great-tasting food that offers value for money, friendly and efficient service, and a clean in-store environment.
How long does it take to get a Jollibee franchise?
Processing takes around 2 to 3 months upon receipt of the application and does not necessarily secure you as a franchise owner rather is just an initial step in the application process. The support team has yet to evaluate the proposed location before making any approval. The franchise fee for the Jollibee franchise ranges from around 15 million to 30 million pesos which is roughly $266,455 to $532,890, the details of which will be discussed with you in person once you have been approved of your application. The training takes place both at the headquarters and main branch as well as on site once your establishment has been built and is fully stocked and ready for operation.
When did Jollibee start?
Jollibee started in the Philippines in 1975 initially as an ice cream parlor and has since expanded its menu to include burgers and rice meals.
