How much is Inasal franchise in Philippines?
Php 1,200,000.00
INVESTMENT DETAILS
| Items | Details |
|---|---|
| Royalty Fee | 5% (Net of Sales) |
| Advertising Fee | 3% (Net of Sales) |
| Set-up Fee | Php 1,200,000.00 net of VAT |
| Estimated Capital Investment | Php 12 to 18 Million |
How much is the start up capital of Mang Inasal?
Mang Inasal Franchise Details: Royalty Fee: 5 % Marketing Fee: 2 % Franchise Fee: PHP 1,200,000. Investment Capital: PHP 10m – 12m.
What type of business organization is Mang Inasal?
Mang Inasal
| Type | Subsidiary |
|---|---|
| Industry | Restaurants |
| Founded | Iloilo City, Philippines (2003) |
| Founder | Edgar “Injap” J. Sia II |
| Headquarters | Pasig, Metro Manila, Philippines |
Who is the supplier of Mang Inasal?
Jollibee Foods Corporation (JFC)
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.
Is Jollibee and Mang Inasal partnership?
Jollibee Food Corporation (JFC) buys out remaining 30 percent equity shares of Mang Inasal Philippines (MIPI) for P2 billion.
What is the Best Chicken Inasal in Philippines?
Mang Inasal is recognized as one of the leading chicken inasal in the branded eat-out category in the Philippines. Being one of the strategic business units of Jollibee Foods Corporation (JFC), Mang Inasal has been able to leverage on the existing system of JFC that ensures high quality food and exemplary customer service.
Should you franchise Mang Inasal?
Because Mang Inasal is already successful and has a creative business idea, franchising for them is a way to expand the business. Since the company is already recognized, name recalling is already easy. The franchisee may have the exclusive rights to ads and market its products.
How many Mang Inasal stores are there in the Philippines?
Mang Inasal now boasts of over 500 stores in the Philippines, 90% of which are franchised. The Department of Trade and Industry (DTI) and Philippine Franchise Association (PFA) recognized Mang Inasal as a Hall of Fame Awardee as Outstanding Filipiino Franchising in the Food and Large-Scale Category.
Who is the owner of Mang Inasal?
JFC acquired 100% share of Mang Inasal in April 2016. Today, Mang Inasal is the leading Pinoy branded outlet in the country, with its strong portfolio of Chicken Inasal, Pork BBQ, Halo Halo, and Palabok. Variations in the menu are constantly being developed to meet the discriminating demands of its growing customer base.