Franchise

The Business Development Department
BINALOT FIESTA FOODS INCORPORATED
3481 B-2B Sta. Ana Drive, Barangay Sun Valley
Parañaque City, Philippines 1700
T: +63 2 8776 8100
E: ilovebinalot@gmail.com
www.binalot.com
or click here for franchise inquiry form

Are you looking for a profitable Filipino food business?
Find out below if the Binalot franchising business package is right for you.


Franchise Packages

Store TypeFranchise FeeContract TermINCLUSIONS
Full Restaurant (Stand Alone or In Line)
21 – 150 sqm

Mega Manila 600,000.00 plus VAT
Provincial & Inter Island 700,000.00 plus VAT

Continuing  Service Fee  :  5% of Gross Sales

Marketing Support Fund  :  2% of Gross Sales

6 years

Site   Evaluation  and  Assessment

Initial Training ( 2 weeks for service crew and supervisor)

Pre-Opening Assistance

Initial Inventory ( P 30,000 )

Operations  Manual

Cloud Kitchen

can either be any one of the following:

• Kiosk

6 to 25 sq. m.

• Home-based Kitchen

P195,000 plus VAT

Continuing Service Fee: 

1% to 3% of Gross Sales net of VAT depending on the store’s sales performance

Marketing Support Fund:

2% of Gross Sales net of VAT

3 years

Site   Evaluation  and  Assessment

Initial Training ( 2 weeks for service crew and supervisor)

Pre-Opening Assistance

Operations  Manual

  

FULL RESTAURANT (stand Alone or In Line (21 – 150 sqm)

FRANCHISE FEE:

Mega Manila 600,000.00 plus VAT
Provincial & Inter Island 700,000.00 plus VAT

Continuing  Service Fee  :  5% of Gross Sales

Marketing Support Fund  :  2% of Gross Sales

CONTRACT TERM: 6 years

INCLUSIONS:

  • Site   Evaluation  and  Assessment
  • Initial Training ( 2 weeks for service crew and supervisor)
  • Pre-Opening Assistance
  • Initial Inventory ( P 30,000 )
  • Operations  Manual

CLOUD KITCHEN (25 – 95 sqm)

can either be any one of the following:

Kiosk

6 to 25 sq. m.

Home-based Kitchen

FRANCHISE FEE:

P195,000 plus VAT

Continuing Service Fee: 

1% to 3% of Gross Sales net of VAT depending on the store’s sales performance

Marketing Support Fund:

2% of Gross Sales net of VAT

CONTRACT TERM: 3 years

INCLUSIONS:

  • Site   Evaluation  and  Assessment
  • Initial Training ( 2 weeks for service crew and supervisor)
  • Pre-Opening Assistance
  • Operations  Manual


 

Total Investment Inclusions

• Franchise fee

• Store Design and Construction

• Kitchen and Office equipment

• Point of Sales System (POS)

• Furniture & Fixtures

• Marketing collaterals

 

 

 Franchise Procedures

First Step

  1. Franchise applicant submits a Letter of Intent together with his resume and a vicinity map of the proposed site, if any.  Letter is sent via e-mail and is addressed to the following:

    The Business Development Department
    BINALOT FIESTA FOODS INCORPORATED
    3481 B-2B Sta. Ana Drive, Barangay Sun Valley
    Parañaque City  1700
    Philippines
    Email: ilovebinalot@gmail.com

  2. The Business Development Officer contacts the Franchise applicant who will be asked to attend a franchise orientation.
  3. Franchise applicant then submits an accomplished Franchise Qualification Form which will be provided by the Business Development Officer.

Second Step

  1. Franchise applicant undergoes a preliminary interview.  If favorable, he takes a franchise suitability test.
  2. Franchisor inspects the proposed location.  Franchisor may also present a list of sites to the Franchise applicant.
  3. If the site passes the basic evaluation process, franchise applicant gives a reservation fee of PHP20,000 for Metro Manila and PHP40,000 for provincial areas, covering a 30-day period.   Note that the reservation fee is transferable to another location and deductible from the franchisee fee; however, it is non-refundable.
  4. Franchise applicant conducts a market study which is later on validated by the Franchisor.

Third Step

  1. Site approval is secured.
  2. The Business Development Officer presents to Franchise Applicant the financial projections and investment estimates.

Final Step

Franchise applicant signs a Memorandum of Agreement and Franchise Agreement.