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Oct 25, 2023 · What are the top 5 food franchises in the Philippines? If by top you mean most popular, some food franchises to consider include Jollibee, McDonald's, Chowking, Mang Inasal, and KFC. Note that bigger franchises require bigger investments, though.
- Philippine Fast Food Industry Overview
- What Makes Fast Food An Ideal Business to Franchise
- Pros and Cons of Fast Food Franchise
- 15 Top Fast Food Franchises in The Philippines
In the history of the fast-food industry, homegrown Tropical Hut comes first. It is one of the oldest fast-food restaurants in the country. The Que family, owners of Mercury Drug, established it in 1962, while the Kentucky Fried Chicken (KFC), the first foreign company, came in 1966. In 1970, Pancake House started its operations. Greenwich Pizza la...
According to one survey, 46%of Filipinos eat at fast-food restaurants one to three times a week on average. Fast food’s popularity makes it a good business to franchise. The reasons for its popularity are: 1. Young people love fast food. The Philippines has a young population. The average ageof Filipinos is 25.2. Thus, the QSR industry has a large ...
Pros
The following are the pros of starting a fast-food franchise business:
Easy to form an outlet
Setting up your franchise outlet is not as complicated as starting your own business. The franchisor will help you in putting your business. Some call this a turnkey business.
High demand market
As mentioned above, 46% of Filipinos eat at fast-food restaurants one to three times a week on average. Your market is young people, busy workers, and families.
1. Jollibee
Jollibee is a Filipino multinational chain of fast-food restaurants. It is the largest fast-food chain in the Philippines. Today, the number of branches has reached over 1,400. Before becoming Jollibee, it started as an ice cream parlor. In 1978, Tony Tan Caktiong and his family turned it into a fast-food restaurant. Thus, Jollibee was born. Initial Investment: Php 35M - Php 55M Website: https://www.jollibee.com.ph Email: franchisingph@jollibee.com.ph Contact Number/S:2688-7128; 8-7000
2. McDonald’s
Brothers Richard and Maurice McDonald in San Bernardino, California. Starting in 1940, McDonald’s is an American fast-food chain. It is the world’s largest restaurant chain by several branches and by value. McDonald's entered the country in 1981. McDonald's International came in partnership with McGeorge Food Industries of George Yang. It opened its first outlet in Morayta, Manila. Now, the company has 655 stores all over the country. Initial Investment: USD$ 1M (Php 50M) Website: https://www...
3. Chowking
Chowking is a homegrown fast-food chain. It specializes in Chinese food such as dim sum, noodle soup, and fried rice in bowls with toppings. Robert F. Kuan founded Chowking in 1985. It opened its first restaurant in Rotary Arcade, Makati. Now, it has 569 branches all over the country. Jollibee Foods Corporation bought the company in 2000. Franchise Fee: Php 1M Initial Investment: Php 17M - 35M (includes the franchise fee) Website: https://www.chowkingdelivery.com/home Email: franchising@chowk...
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To franchise Goldilocks fast food resto, the initial franchise fee costs 1.2 million pesos exclusive of VAT while the franchise investment cost ranges from 10 – 13 million pesos depending on the site and location.
- Magic Melt. Founded in: 1999. Franchise units: n/a. Initial investment: from ₱380,000. Franchise Fee: ₱98,000. Magic Melt was founded in 1999 as a small, home-scale business specialty bakeshop.
- Figaro Coffee Company. Founded in: 1993. Franchise units: 80. Initial investment: from ₱590,000. Franchise Fee: from ₱326,000. Franchise one of the fastest growing coffee chains with over 80 outlets in the Philippines.
- Brownies Unlimited. Founded in: 1988. Franchise units: 58. Initial investment: from ₱900,000. Franchise Fee: from ₱180,000. Brownies Unlimited is the Philippines’ most favorite brownie and cupcake treat for almost 30 years.
- Max's Restaurant. Founded in: 1945. Franchise units: 100+ Initial investment: from ₱30,600,000 - ₱71,000,000. Franchise Fee: ₱2,550,000. Max's now operates over a hundred restaurants all over the Philippines.
Sauces of Dimsum Republic: Peanut. Sate BBQ. Teriyaki. Hoisen. Sweet Chili. Dimsum Republic Franchise Packages. Food Court. Area: 14-25 sqm. Franchise fee: P250,000. Total investment: P0.8 to 1 Million. Terms: 3 years. Full Dine-in A. Area: 40-60 sqm. Franchise fee: P350,000. Total investment: P1.5 to 1.8 Million. Terms: 5 years. Full Dine-in B.
Chowking is a reputable brand delivering sustained growth performance, making it the undisputed and leading Chinese brand in the Philippines with close to 600 stores nationwide. Our products are superior in taste and our stores and services are reliable and accessible. We view our franchises as long-term, and are committed to building strong ...
May 13, 2024 · 1. Food Cart & Kiosk Franchise. 2. Convenience Store Franchise. 3. Retail Franchise. 4. Restaurant Franchise. 5. Coffee & Cold Beverage Franchise. 6. Water & Gas Refilling Station Franchise. 7. Beauty & Wellness Franchise. 8. Vending & Service Machines Franchise. 9. Home & Personal Services. 10. Financial Services Franchise. 11. Education Franchise
