How to Franchise Jollibee in the Philippines?
- A Franchise application form is needed to be filled up. It can be downloaded at its official website (www.jollibee.com.ph). ...
- A detailed proposal is also needed with the following content: ...
- If all of these are complete, mail sealed documents to the address below: ...
- After receipt of your application documents, there is a lead time processing time of about 2-3 months. ...
Full Answer
How much is the Jollibee Franchise fee in the Philippines?
How much is the Jollibee franchise fee in the Philippines? As of 2020, the franchise fee of Jollibee is P35 Million to P55 Million per store. This is according to the official website of Jollibee.
How many Jollibee stores are there outside the Philippines?
The chain has more than 130 stores outside the Philippines, including the US, Canada, Italy, the United Kingdom, and many countries in Asia and the Middle East. Aside from the Jollibee franchise cost, franchise owners must also invest time and effort if they’re committed to setting up shop.
What training is required to become a Jollibee franchisee?
The franchisee is also required to successfully complete a 3-month full time Basic Operations Training Program (BOTP) at a designated Jollibee training store. Interested to start your franchise journey? Simply follow these steps. 1.
What are the duties of a Jollibee Franchise owner?
Aside from the Jollibee franchise cost, the franchise owner must also comply with the duties as stipulated in the agreement. For instance, the franchise should operate under the direct supervision of the franchisee. If a business entity owns the store, a designated manager will perform a franchise owner’s duties.
How much does it cost to franchise Jollibee in 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 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.
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.
How long is Jollibee franchise?
“We pay for a one-time franchise fee for a 10-year term,” says Margaret Tan, a franchisee of Greenwich, a subsidiary of Jollibee Foods Corporation. “We also have monthly payments for ads, promos, and royalty, which is based on a percentage of our sales.”
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 much to franchise a KFC in the Philippines?
To open a KFC franchise inside a mall or establishment, a franchisee must have a minimum of P17 to P22 million. The store area must be between 160 to 250 square meters.
How much is the salary of Jollibee manager in the Philippines?
₱324,000/yrJollibee in Manila, Philippines Area SalariesJob TitleLocationSalaryManager salaries - 13 salaries reportedManila, Philippines Area₱324,000/yrAssistant Restaurant Manager salaries - 13 salaries reportedManila, Philippines Area₱240,000/yrCrew Member salaries - 11 salaries reportedManila, Philippines Area₱105,000/yr17 more rows•4 days ago
How much is the monthly salary of Jollibee crew?
Average Jollibee Service Crew monthly pay in the Philippines is approximately Php 10,118, which is 22% below the national average.
How much does Jollibee pay per hour in Philippines?
₱50. The estimated total pay for a Service Crew at Jollibee is ₱50 per hour. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The estimated base pay is ₱50 per hour.
How much does a 711 franchise cost?
Php 600,000.00What is my initial investment? - Franchise Fee amounting to Php 600,000.00 to be paid upon approval of the application.
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 franchise of Starbucks in Philippines?
Their franchising fee is at a very low P300,000, compared to the millions of pesos you will have to shell out for a Starbucks licensed store. If all those are not enough, the best thing that Star Frappe will offer is, of course, their low franchising cost.
What is McDonald's franchise fee?
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.
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.
What is the cost of McDonald's franchise?
The Franchise fee of McDonald's goes for around 30 lakhs INR; however, this fee is also attached with a 4 % monthly royalty fee as service fees to the brand. The actual investment amount differs, a business owner needs to keep a rough estimate of around 6 to 14 Crores.
How much will it cost to franchise 7 11?
- 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.
What it Takes to be a Jollibee Franchisee?
In order to better the relationship of the company to its franchisee, Jollibee has identified these qualifications as its standard when approving a partner with their hamburger chain. Check out the details below if these descriptions suit you, if it does, then you are ready to be the next Jollibee franchisee.
How long does it take to get a Jollibee application?
After receipt of your application documents, there is a lead time processing time of about 2-3 months. Take note that submission of the application form does not bind Jollibee or the applicant itself yet. This is just the initial step and your documents will still be evaluated most especially your proposed store location.
How did Jollibee start?
Jollibee began with humble beginnings. It started out as an ice cream parlor in 1975 with just two branches. To add variety in its offerings, it served hot meals and sandwiches to its customers. Later in 1978, it was incorporated and expanded to 7 outlets with a plan to shift into a hamburger chain. With its distinct Filipino taste, consumer base drastically increased that in 1984, it hit the P500 Million sales mark and became one of the Top 500 Philippine Corporations. Barely after 5 years, in 1989, its sales soared to the P1 billion mark. The rest was then history for this number 1 Filipino fast food chain. Currently, it has almost 600 stores and is growing fast in the country and abroad as well.
Jollibee Franchise Opportunities
Jollibee is a Filipino multinational chain of fast food restaurants owned by Jollibee Foods Corporation (JFC). 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.
How to open a Jollibee franchise?
Ensure you have adequate capitalization. In order to open a Jollibee restaurant franchise, you must have a net worth of more than $450,000.
About Jollibee Franchise
Jollibee is the largest fast food chain in the Philippines, operating a nationwide network of over 750 stores. A dominant market leader in the Philippines, Jollibee enjoys the lion’s share of the local market that is more than all the other multinational brands combined.
Franchise Business Address
5th Flr. Jollibee Plaza, #10F. Ortigas Jr. Ave. Ortigas Center, Pasig City 1605
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 many countries does Jollibee operate in?
Currently operating and providing goods in ten (10) countries – USA, Saudi Arabia, Kuwait, United Arab Emirates, Qatar, Bahrain, Hong Kong, Brunei, Vietnam, and Singapore, Jollibee was also named as the largest fast food and quick service restaurant company (QSR) in the Philippines as they are also behind Chowking, Red Ribbon, Mang Inasal, Greenwich, Burger King, and Panda Express, also Coffee Bean & Tea Leaf, Smashburger, and Tim Ho Wan.
How long is the Jollibee training program?
The franchisee is also required to successfully three (3) month full time Basic Operations Training Program (BOTP) designed in the Jollibee Training Store.
Can Jollibee be franchised?
Jollibee only awards franchises to individuals, hence it can’t be franchised by a company. However, if a person’s application has been approved, the person can create a corporation only if majority of the ownership will be in his or her name.
What are the characteristics of a Jollibee franchise?
To be eligible as a franchise owner, Jollibee requires franchisees to have the following characteristics: With good community standing. Strong leadership and people-handling skills. Willingness to devote time in managing the restaurant. Can successfully complete the required training program.
How many countries does Jollibee operate in?
The flagship store, Jollibee, operates restaurants in more than 100 international locations around the world. It is currently present in ten (10) countries including:
What is a jollibee?
Jollibee is undeniably the largest fastfood and quick service restaurant company (QSR) in the Philippines.
How many Jollibee stores are there worldwide?
(JFC), the company operates thousands of its restaurant brands globally, with the flagship Jollibee accounting for almost 1,400 of these stores worldwide.
When did Jollibee acquire Smash Burger?
In recent years, Jollibee embarked on a global expansion plan in a bid to become known as a formidable food player in the international market. It started acquiring shares of U.S. burger company Smash Burger in 2015 and completed its full acquisition in 2018.
How many Burger King stores are there in the Philippines?
Since 2011, Jollibee has been the master franchisor and operator of Burger King in the Philippines. It currently operates more than 500 Burger King stores locally.
When did Jollibee start?
Jollibee started in 1975 as an ice cream parlor before pivoting to become a Quick Service Restaurant (QSR).
How to Apply as a Jollibee Franchisee?
Download and fill-out the form on this link (Navigate to the Application form page under the Franchising category in Philippines)
Where did Tony Tan start Jollibee?
Tony Tan started Jollibee through opening a Magnolia Ice Cream parlor in Cubao , Quezon City , where Tony and his family served hot meals and sandwiches together with ice cream. Later on, they dedicatedly distribute their products which became the first stepping stone to becoming Philippine’s biggest fast-food chain.
Does Jollibee give franchises to individuals?
The steep amount of estimated cost of investment can be heavy, especially, with the rule that Jollibee only grants a franchise to individuals. (Accepted franchise applicants may organize their own corporation where they have clear ownership towards the majority of the company)
When did Jollibee start franchising?
Because patrons often asked for hot snacks, he shifted his business to become a burger joint. The company started in 1975 and began franchising in 1979. Today, the franchisor in the US is Jollibee Foods Corporation (USA), with a headquarter in the City of Industry, California.
Where did Jollibee come from?
The fast-food chain’s CEO Tony Tan Caktiong came from a poor family from southeastern China that migrated to the Philippines for better opportunities.
What is The Mr. Appliance Franchise Cost?
For your home and office appliance needs and repairs, there’s only one name you can trust if you’re in the United States or Canada. Mr. Appliance is a reliable company with decades of experience. The company has been offering franchising opportunities since 1996. So, if you want a money-making venture, learn more about Mr. Appliance’s franchise terms and costs.
What is The Real Cost of A Lemonshark Poke Franchise?
However, other fast-casual restaurants may also have a place and opportunity to become an investment in the long run. One of them is LemonShark Poke, self-dubbed as a “fine casual” offering healthier food options for consumers needing a quick bite.
How many owners and managers are required to complete the Phase I and II training?
A minimum of one owner or manager must attend the Phase I and Phase II training programs and complete both satisfactorily. Moreover, the owner and manager must attend the Phase II training program and complete it according to the franchisor’s satisfaction. The requirements for the training may vary according to the participant’s experience.
How long does a franchise last?
In relation to that, franchise owners have the right to operate their joint from one specific location only. The initial franchise term runs for a period of 10 years. Franchise owners may choose to renew for one additional term of 10 years, but only if they met the head office requirements.
How long is the franchise training program?
For one, there’s a three-month full-time Basic Operations Training Program (BOTP) required for franchise owners. The head office requires franchise owners to undertake the course at a designated training store.
