Are you trying to find a business opportunity that doesn’t need a lot of money up front but still pays off well? Perhaps franchising is the best option for you. Through franchising, you can benefit from an established brand, a tested business plan, and the franchisor’s support. For ambitious business owners in the Philippines with a capital of less than $100,000, there are several franchise options accessible.
Siomai King is among the most well-liked and reasonably priced franchises in the Philippines. A food cart company called Siomai King sells a variety of siomai, rice toppings, and other dimsum items. Depending on the size and location of the store, the total investment for Siomai King might range from 70K to 150K. The franchise fee starts at 30K. With more than 1,000 locations countrywide, Siomai King has already developed a strong brand identity. Peanut World is yet another reasonably priced franchise choice. The snack food chain Peanut World sells popcorn, coated peanuts, and other snacks in a variety of flavors. Depending on the size and location of the store, the total investment for Peanut World might range from 80K to 150K. The franchise fee is 30K. With more than 100 locations around the country, Peanut World has developed a powerful brand identity.
Cha Dao Tea Place is a wonderful choice if you’re looking for a franchise in the beverage industry. A milk tea and fruit tea company called Cha Dao Tea Place offers a selection of tastes and toppings. Depending on the size and location of the business, the total investment for Cha Dao Tea Place might be anywhere between 300K and 500K. The franchise fee is 150K. Cha Dao Tea Place is a well-known brand in the milk tea sector and has more than 100 locations nationally.
The franchise cost for Turks Shawarma is 1 million pesos for a cart or kiosk type, and it ranges from 3 to 6 million pesos for a shop type. Depending on the size and location of the store, the total investment for Turks Shawarma might range from 1.5 million to 8 million pesos.
For the LBC franchise, a non-exclusive region costs 350K pesos, and an exclusive area costs 500K pesos. Depending on the size and location of the shop, the total investment for an LBC franchise might range from 1.5 million to 2 million pesos.
Finally, can you become wealthy through franchising? Yes, however it depends on a number of variables, including the franchise brand, the location, the management, and the market demand. If done correctly, franchising can provide a significant return on investment, but there are dangers and difficulties involved. Making an educated decision requires research, market analysis, and expert consultation before making an investment in a franchise.