In the Philippines, franchising has grown in popularity as a business strategy among investors and entrepreneurs. It makes it simpler for franchisees to launch and manage a successful business by providing a tested business model and a recognizable brand name. However, not every franchise necessitates a substantial upfront investment. We will address the primary query, “What can I franchise with 100,000 pesos?” as well as other pertinent queries in this article. Philippines’ Top 5 Franchises *
1. Potato Corner: With more than 1,000 locations around the country, this well-known restaurant chain serves a range of flavored French fries. For those on a tight budget, a tiny cart with a franchise fee of about 100K pesos is a viable choice.
2. Siomai House – This restaurant chain sells siomai and other dim sum items at reasonable prices. Since a tiny cart’s franchise cost is only about 150K pesos, it is a common option for anyone looking to launch a food business.
3. Master Siomai is yet another popular siomai chain in the Philippines. A range of siomai tastes and other dim sum goods are available from Master Siomai. A modest cart has a franchise fee of about 280K pesos.
5. Aquabest – This water replenishment station franchise provides clients with hygienic drinking water. A modest kiosk requires a franchise fee of about 100K pesos.
Popular Canadian coffee and donut brand Tim Hortons has just begun operating in the Philippines. Tim Hortons is a high-end franchise that necessitates a sizable investment; the franchise fee for a store is roughly 35 million pesos.
An Indian tea and snack chain called Chai Time has also gained popularity in the Philippines. Chai Time is a mid-range franchise that needs a reasonable initial investment because the franchise fee is roughly 500K pesos for a branch.
Taiwanese tea chain Chatime has had success in the Philippines as well. Chatime is a high-end franchise that needs a sizable investment because the franchise fee for a branch is close to 6 million pesos.
In summary, franchising is a practical choice for anyone looking to launch a business on a tight budget. Some of the reasonably priced franchises that are offered in the Philippines include Potato Corner, Siomai House, Master Siomai, Zagu, and Aquabest. However, popular franchises that have been successful in the Philippines include Tim Hortons, Chai Time, and Chatime for people with a larger budget. It’s critical to do your homework and pick a franchise that aligns with your priorities, interests, and financial situation.