Living Water Station Franchise Cost and Other Water Business Opportunities

How much is a living water station franchise?
Franchise Fee: PHP 50,000. Investment Capital: PHP 500k.
Read more on www.franchisemarket.ph

Water is a necessity for all living things, and given the rising demand for clean, safe drinking water, it can be profitable to invest in the water industry. Franchises for water replenishing stations like Living Water Station are among the most well-liked possibilities. But how much does franchising one run?

Depending on the area and franchise package, a Living Water Station franchise might range in price. The entire investment cost, on the other hand, can range from Php 300,000 to Php 1,000,000, and the franchise fee is between Php 150,000 and Php 450,000, per their website. This comprises, among other things, the price of the store’s remodeling and initial inventory. To qualifying franchisees, Living Water Station also provides financing options.

There are alternatives to Living Water Station if you’re interested in franchising a water refilling station in the Philippines. Bluewaters, Crystal Clear, and Aquabest are a few of the well-known brands. Before choosing one of these companies, it is best to investigate and compare the franchise fees and investment costs for each.

In addition to franchising, starting a water bottling firm is another method to get into the water industry. For instance, you may create a facility in Kenya that makes bottled water for both commercial and domestic use. Depending on the size of the company, launching a pure water plant in Kenya can cost anywhere between Ksh 500,000 and Ksh 5 million. Water bottle manufacturers profit by marking up the price of their goods. A bottle of water is made for relatively little money, but it costs substantially more to buy one. This is so that customers may be certain that the water is clean and safe to drink while also paying for convenience. Companies can also make money through sponsorships and advertising.

In conclusion, depending on the brand and package, franchising a Living Water Station or any other water replenishing station has a range of costs in the Philippines. In Kenya, it might cost anything between Ksh 500,000 and Ksh 5,000,000 to launch a water bottling business. Companies that create water bottles generate money through marking up their product prices, as well as through sponsorships and advertising. Research your options carefully and pick the one that best suits your needs in terms of both price and objectives if you’re thinking about starting a water business.

FAQ
How much is the bottled water industry worth 2021?

The global market for bottled water was estimated to be worth USD 217.55 billion in 2020, and it is anticipated to increase at a compound annual growth rate (CAGR) of 11.1% from 2021 to 2028. Thus, by 2021, the value of the bottled water market is expected to be around USD 217.55 billion.