The Mang Inasal Franchise Process
- The franchisee submits all the necessary requirements and documents at their office identified in the contact information below
- Within 3-4 weeks, screening and store exposure of the franchisee is done. ...
- The franchisor then decides if application is approved or not. ...
- The franchisee is then provided the notice on the status of the application process
Full Answer
How much does it cost to open Mang Inasal franchise in Philippines?
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. The store model will depend on the location and target market, and the company prefers locations that are in an accessible, high traffic commercial or residential area.
Why choose Mang Inasal?
Building on the resources and success factors of JFC’s business units, Mang Inasal has been successful to penetrate across strategic locations in the Philippine market. Mang Inasal now boasts of over 500 stores in the Philippines.
Who is the owner of 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. How much is the franchise fee of Mang Inasal?
How many Mang Inasal stores are there?
Building on the resources and success factors of JFC’s business units, Mang Inasal has been successful to penetrate across strategic locations in the Philippine market. Mang Inasal now boasts of over 500 stores in the Philippines, 90% of which are franchised.
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How much is the starting capital of Mang Inasal?
INVESTMENT DETAILSItemsDetailsAdvertising Fee3%System Enrollment FeePhp 1,200,000.00Estimated Capital InvestmentPhp 15 to 22 MillionStore Floor Area Requirement200-250 SQM2 more rows
How much is Inasal franchise in Philippines?
Franchise Information Mang Inasal offers full store franchise units. The total investment requirement is P10M depending on the store type and size. The floor size must range from 200 sqm to 220 sqm.
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).
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 the monthly income of Mang Inasal?
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 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 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.
How much is a franchise of Jollibee 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.
Who is the supplier of Mang Inasal?
Mang Inasal soon drew the attention of Jollibee Foods Corporation (JFC), the Philippines' largest food service company and one of Asia's most admired companies. JFC acquired 100% share of Mang Inasal in April 2016.
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.
What is the weaknesses of Mang Inasal?
Since they have caught the people's taste with their Grilled chicken recipe and affordable meals one of Mang Inasal's major problems is over-crowding with their limited space of the branches.
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 Chowking franchise in the Philippines?
Chowking Franchise Details: Marketing Fee: 4 % Franchise Fee: PHP 1,000,000. Investment Capital: PHP 14m - 15m.
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.
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 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 the Mang Inasal Franchise Fee?
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.
Who is Jack the entrepreneur?
Jack is a self-made entrepreneur, who actually started out in the Military, then worked for the Government for a few years, until he finally made that bold step and started out his own online and offline businesses. He’s never looked back ever since, and hasn’t been happier…
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.
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:
What are the qualifications to be a Mang Inasal franchisee?
In order to be a Mang Inasal franchisee, you need to posses the following qualities.
How much is the investment fee?
This includes initial set-up fee of P1.2 million VAT exclusive, royalty fee that is 5% of net sales, and advertising fee which is 2% of net sales.
How to Franchise Mang Inasal Restaurant
It’s no secret Filipinos love chicken, besides the urbanized development, around the outskirts and provinces, you will see an abundance of chicken bred for consumption. The most common method of eating chicken is inihaw which is basically grilling the chicken.
Franchise Package
The franchise comes with a total support package that helps franchisees operate their Mang Inasal Quick Service smoothly.
Investment Package
Highly engaged, business-oriented, success-driven entrepreneurs with strong desire to venture and invest in a long term business partnership with Mang Inasal.
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
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Mang Inasal Franchise Package
Mang Inasal franchise consists of a complete support package that directs to help franchisees operate Mang Inasal quick service restaurants successfully.
Frequently Asked Questions From Prospect Franchisees
Q: What are the qualifications to become a Franchisee of the business?
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.
About Mang Inasal
Mang Inasal Franchise Fee
Franchise Store Types
Franchise Package Inclusions
Contract Period and Return on Investment
Eligibility Requirements
Franchise Application Process
- If you have the financial capacity and qualifications to franchise, you’re probably ready to apply for a Mang Inasal franchise. Here are the application steps: 1. Prepare the initial required documents: 1. Letter of Intent – address to Mang Inasal Main Office at Pioneer Highlands North Condominium, Pioneer Avenue corner Madison St., Mandaluyong Cit...
Mang Inasal Franchise Contact Details