Mang Inasal Franchising Fee and Procedure – How to Franchise Complete Guide
Do you want to start a store and looking for a well-recognized fast food chain to get a franchise then the Mang Inasal franchising is for you. Mang Inasal offers a fantastic chance for entrepreneurs to expand and grow with Mang Inasal. Mang Inasal is a well-reputed fast food chain known as a Grilled Expert.
Are you already a businessman or new to starting a business? The Mang Inasal support team will help you in every step to success. When you join the Mang Inasal team you will get dedicated support and training through live classes, seminars, meetings and hands-on training in existing stores.
About Mang Inasal
Mang Inasal is a Philippines restaurant established on 12 December 2003 by Edgar Sia, who is the owner of the restaurant. Mang Inasal served their customers Chicken inasal, Pork BBQ, Sisig, Empanda, their sweet desserts Halo-Halo and many other items.
Mang Inasal is known as a Grilled Expert restaurant. If you want to see the complete menu then go to Mang Inasal Menu to get every detail about the menu.
They are popular due to their grilled items with traditional style and offer unlimited rice and soup to their customers. The offer of unlimited rice attracts a large audience to Mang Inasal. Only two years later Mang Inasal franchising expanded to 30 stores and in 2010 they had 330 stores.
The glorious growth of Mang Inasal franchising attracted JFC and he got 70% shares of Mang Inasal. In 2016, Mang Inasal was completely occupied by JFC. Now, 576+ stores in the Philippines serve their customers with mouth-watering dishes.
Mang Inasal has collaborated with the Department of Tourism (DOT) for the “Love the Flavours, Love the Philippines” campaign, celebrating the rich flavors of the Philippines and promoting local cuisine to both locals and tourists. To Learn more about read my article Mang Inasal & DOT colllaboration.
Franchise Investment and Cost
Items 23_ca3734-47> |
Details 23_185636-f5> |
Description/Coverage 23_7fe612-14> |
---|---|---|
Franchise Term 23_e38e5e-35> |
10 Years 23_9b211c-35> |
Renewable subject to assessment 23_98a726-d0> |
Royalty Fee 23_965a82-40> |
5 % 23_35e101-02> |
Net of Sales 23_05d25a-7f> |
Advertising Fee 23_fe9c80-4d> |
3 % 23_0ef011-ba> |
Net of Sales 23_52c0a9-63> |
Set-Up Fee 23_6e6ac6-99> |
Php 1,200,000.00 23_864c2a-cd> |
VAT exclusive 23_384639-02> |
Estimated Capital Investment 23_7257c9-22> |
Php 15 – 30 Million 23_27132c-22> |
Dependent on the type of stores 23_e5ccf8-0c> |
Store Floor Area Requirement 23_f58639-a1> |
220 – 280 SQM 23_c132b9-bc> |
Exclusive of parking space. Store frontage is at least 13 meters 23_ff7f75-34> |
Franchise Fee
A full unit of the Mang Inasal franchising required P15 million to P30 million. The actual amount of franchising depends upon the size, location and market conditions of the area. The basic requirements by Mang Inasal: the store floor area should be 220 to 280 square metres and the front end of the store should be 13 meters. This is exclusive of parking space.
Breakdown of investment
The complete breakdown of franchise investment is given below:
Design Fee
The design fee is also paid by the franchise owner which is approximately Php 160,000. The design and layout of the franchise are provided by the Mang Inasal however the construction instructions provided by Mang Inasal. On request, Mang Inasal can also provide their partner contractors to build franchises.
Service Fee & Advertising Fee
The applicant have to paid the service and advertising fee to the Mang Inasal. The service fee is 5% of the gross sale and the advertising fee is 3% of the gross sale which we have to pay Mang Inasal every month. Keep in mind, that there are also renovation fee which is Php 7 to Php 9 million and product security deposit which are Php 400,000.
Setup Fee or initial franchising fee
The initial franchise price is 1.2 million which is paid by the franchise. This fee is non-refundable and VAT exclusive this fee includes trademarks, assistance and support by the main branch. This price also includes the setup of the franchise and training of the whole staff and personnel.
Mang Inasal Franchising Contract and ROI
Contract Period
The contract period lasts for 10 years which is renewable and depends upon the overall performance of the franchise.
Return on Investment
However, Mang Inasal can not officially disclose any ROI figures. It all depends upon the franchise location, franchise expense management, promotions & marketing, and the local market condition. If franchises are located in high-traffic areas then the profitability is greater. The profitability all depends upon the location and wise management of all expenses of the stores. These ROI and other franchise details are discussed one’s your application has been approved.
Franchise Package Inclusions
If you want to know about Mang Inasal’s uniform design, colours and all details then go to Mang Inasal’s uniform page to see all the details.
Types of Franchise Stores
There are four styles of stores which are the following:
Free-Standing Store
Free-standing stores are stand-alone stores which are not attached to any building or mall. These stores have sufficient parking areas.
Mall Store
These stores are located along the malls or near the malls. The Mang Inasal prefer these stores because these stores can get a lot of customers due to high traffic.
In-Store
These stores are present within the buildings having larger spaces and tenants on both sides.
Food Court
These stores are present in shopping malls, buildings and high-traffic areas with self-dining experience.
Eligibility Requirements
Business Experience
The candidate should have a business background, follow government and industry regulations.
Financial Standing
The candidate should have a strong financial background to build and maintain the franchise successfully.
Commitment to Partnership
The candidate should bring a high level of commitment to partner and grow with us.
Location Capacity
The location of a franchise plays a major role in the success of any store. The store should be in a high-traffic/commercial/residential area to generate greater leads.
Area of franchise
The franchise floor area should be 220-280 square metres and the store frontage should be 13 meters which is exclusive of parking space.
Mang Inasal Franchising Application Process
You have just followed the two steps to complete the application process which are the following:
Prepare the required documents
Submit these required documents by any of following Method
Processing Time
After submitting the required documents the Mang Inasal franchising team review the application and documents it takes 30 to 60 days if all the documents meet the criteria then the franchise will be awarded to you after 2-3 weeks. After that, the agreement will be signed between the applicant and Mang Inasal. The franchise team and the applicant will undergo the training program which includes courses, seminars, live classes and hands-on training in existing stores.
If you need any assistant regarding it franchising you will contact this mail [email protected] available from Monday to Friday 8AM to 5PM.
Contact Information
We can contact Mang Inasal through different methods like email, contact number, visiting the branch, Facebook Page, Twitter and contacting their number.
Website | https://www.manginasal.ph/contact-us |
[email protected] | |
Address | Unit 407, 4th flr., Jollibee Plaza, F. Ortigas Jr. Avenue, Ortigas Center, Pasig City |
Facebook page | https://www.facebook.com/manginasalph/ |
twitter.com/MangInasal1 | |
Cell No | (02) 8-634-1111 |
Customer care hotline | #7-33-33 |
Pros and Cons of Mang Inasal Franchising
Conclusion
Mang Inasal is a well-recognised fast-food chain in the Philippines which is known as Grilled Expert and for its quick delivery service. If you want to start a franchise you get a great experience with Mang Inasal. To get a franchise you have simply read the application process above and apply for the Mang Inasal franchising. Mang Inasal also wants to grow and expand its business with its business partner.