Asking Price: ₱30,000,000
To see is to believe, easy to set up kiosks and your ultimate cash machine!
This is a fascinatingly fast-growing food franchising business that offers Filipino street food. Stores are located in malls, BPO territories and strategic buildings, targeting schools and other locations with high foot traffic catering to all demographics.
The company has now grown to have a total of 40 stores and is continuously and consistently growing. Target number of stores for 2019 was only 28, which was exceeded at the end of the year. In fact, the company is now expecting to have at least a total of 48 stores in February 2020 because there are still active applicants on the pipeline.
They moved to a bigger commissary to service the growing demand. They hired additional staff to cope with the increasing service needed because of the massive growth.
For 2020, potential net profit, EBITD is ₱17M. Target number of branches for 2020 is 100.
Revenue sources are from commissary sales, company-owned stores, franchise fees, turn-key package and royalties.
The sale of the business includes the entire franchise organization, the whole commissary and 7 company-owned stores, professional franchise program and the franchise agreements of existing franchises. Also included will be the management systems created to help stores operate effectively.
Grab this opportunity while the business is still available!