FRANCHISE PACKAGETrademark : FAMOUS BELGIAN WAFFLE-The Original Waffle Sandwich Owner & Operator : Innovention Food Resources Inc. Nature of Business : To sell freshly baked Belgian waffle sandwich and hot & cold beverages. Store Type : Food Cart or Kiosk and Counter type Package Cost : P400,000 (Standard Cart), P460,000 (Kiosk) and P530,000 and up (Counter type store); all excluded of tax. Terms of Franchise : 3 years (subject to renewal) Royalty : 10 % of net purchase (after VAT) Marketing Fee : 3% of monthly gross sales (only if applicable) Ideal Location : Malls, Business Districts, Building Cafeterias, School Cafeterias, Hospital Cafeterias, Airport, Transport Terminal, Commercial Areas and hospitals. Space Requirement : Maximum of 4 sqm for Cart; Maximum of 6sqm for Kiosk and Minimum of 16sqm (Counter) Franchise Package Includes the following: 1. Use of FAMOUS BELGIAN WAFFLES trade mark. a. The franchisee is given the privilege to use FBW’s registered trademark during the duration of the contract. 2. Business Operating System a. The franchisees are given the privilege to sell the FBW’s proprietary products such as its Belgian Waffle Sandwich, its fillings and beverages. b. The franchisees can use the business operating system developed by Innovention Food Resources Inc. from food preparation to business reporting and management in order to ensure smooth operation of the outlet. The business operations system includes the following: i. Outlet Daily Operation – Daily management of the cart, cooking equipment and fixtures maintenance, workplace safety. Customer relation management and how to handle complaints. ii. Outlet accounting – preparation of daily and monthly sales report, inventories report, and cash management. 3. Site Evaluation and Securing of lease a. The franchisor will evaluate franchisee’s proposed store location; upon approval, payment of the necessary deposit shall be made by the franchisee. b. The franchisor can assist the franchisee in securing a lease agreement with the lessor of the proposed location. 4. Store Set-Up Unit Q Magnitude Bldg. 168 E. Rodriguez Jr. Avenue, Bagumbayan, Quezon City www.thef amousbelgianwaff les.com ; f amousbelgianwaff
[email protected] ; (02)4252591; 0917-5594318: 09153933383; 8. delivery and installation/assembly or set-up of the abovementioned items/fixtures shall be shouldered by the franchisee. . the franchisor can dispatch in random a mystery shopper to audit the store’s actual performance.com . c. b. Opening Assistance a. the contract may be renewed again. c. Site Improvement or renovation (if applicable). Store location security deposit and advance payment. b. food safety. b. d. e. FBW’s continuous research and development efforts aim to improve and upgrade both FBW’s products and business operation. Initial training of the franchisees’ crew is covered by the franchise package. On-going support a.thef amousbelgianwaff les. Other Pre-Operating Investment and Expenditures a. cooking equipment and other small wares within Metro Manila. City hall or Municipal and BIR. b. Terms of Contract a. 5. No additional delivery cost for the Famous Belgian Waffle proprietary cart. f amousbelgianwaff les@gmail. Franchisee will shoulder the transportation and board & lodging of the franchisor’s representative. The term of the contract of FAMOUS BELGIAN WAFFLES is Three (3) years. 168 E. Unit Q Magnitude Bldg. Rodriguez Jr. Training Includes. upon signing of the Franchise Agreement. b. A franchisor’s representative will supervise and assist the newly opened store of the franchisee for three days. For outlets located outside MM. There will also be a regular visit by the franchisor’s representative to determine the performance and situation of each outlet. Cost of business registration to various agencies such as DTI. a. Quezon City www. 0917-5594318: 09153933383. c. 6. Avenue. Upon the mutual agreement of both parties. (02)4252591. 7. training of the franchisee’s additional personnel will be charge to the account of the franchisee. 9. Sales training and report preparation. Pre-Operating Training and Orientation a. d.com . 3 months working capital. a franchisee can consult with the franchisor regarding any local marketing concern of the latter. b. Allowance of the franchisee’s personnel during the training period shall be shouldered by the franchisee. new product development and advertisement-to be shouldered by the common fund of franchisor and franchisees. Franchisees can expect continuous nationwide marketing initiatives that may include brand awareness activities. In store operation audit. Bagumbayan. The franchisor’s representative will also provide marketing support and supervision. food preparation. At any time. Training Allowance of the personnel. kitchen equipment and other peripherals i. . d. Letter of Intent (indicate the exact address where you want to set-up your business). ii.000 for provincial location to start the application process.com .10. The Processing fee is non-refundable. 168 E. the applicant will be interviewed and will be required to secure the lease of the proposed location. iii. Procedure for Application a. Full payment of the total franchise package upon delivery of the cart. Payment of 70% of the total franchise package.com . c. (02)4252591. but deductible from the franchise investment. h. 0917-5594318: 09153933383. Submit the following to the Franchise Officer or Area Manager i. Avenue. Grand opening of franchise outlet. e. Bagumbayan.thef amousbelgianwaff les. Unit Q Magnitude Bldg.000 (Greater Manila Area) or P10. Cart construction (3-4weeks) and personnel training (1week) will commence. g. If approved. Franchise Application Form with 2x2 picture. another week of apprenticeship in an actual store can be arrange but it’s not required. b. Sketch map (include landmark) of the proposed location. Payment of Processing fee of P5. Applicant will receive a feedback if the application or the location has been approved or disapproved after one week from the submission of the above mentioned requirement. Rodriguez Jr. Review and signing of the agreement f. Quezon City www. f amousbelgianwaff les@gmail. 5 to 7 months *P8000 daily sales is equivalent to 177servings waffles sandwich x P45(average selling price) For further inquiries please call: Monica Rojas at 0917-5594318 / 0915-3933383 / 425-2591 Unit Q Magnitude Bldg. Bagumbayan. INCOME PROJECTION MONTHLY SALES (Average daily sale: P8000x30days)* P240.000 Misc P2.400 GROSS PROFIT P147.com . (02)4252591. 168 E. Rodriguez Jr. FINANCIAL PROJECTION I. f amousbelgianwaff
[email protected] Training Allowance etc.000 Total Investment P515.000 Permits and Registration P25. .000 Annual Net Profit P943.600 Less: OPERATING EXPENSE Rent (base on SM Prime mall rate/4sqm) or 15% of Sales tax included P40.000 Electricity (Mall Rate) P6.200 ROI 183% per annum Payback Period 6. 0917-5594318: 09153933383. P5. RETURN ON INVESTMENT Franchise Investment P400.000 Salary (2 personnel x 350/day x 30days) P21.000 MONTHLY NET PROFIT Before TAX P78. Quezon City www.000 (standard food cart) Lease Deposit P75.com .600 II. Avenue.000 Less: Cost of Goods (35%) 84.000 Royalty (10%) 8.thef amousbelgianwaff les.000 Logistics P10.