Best Franchises in the Philippines: Food Businesses Rule

It’s not surprising that food franchises and food-related franchises dominated the Entrepreneur Philippines’ Franchise Awards 2008. Food is what keeps people coming back to stores and establishments. People eat daily, some more than the others. A business built on food is certainly a gold mine. Food-related businesses are those that target people searching for nourishment among other things. These include 24-hour convenience stores.

Among local franchise operations, here are some food or food-related businesses that won the prestigious award:

Best Local Franchise (Philippines):

• Candy Corner - offers confectionery products; targets consumers but candy business owners can also buy in bulk. Franchise fee is 130k pesos (3250 USD at 40 pesos = 1USD), and estimated ROI is slated at 1-2 years
• Lots a’ Pizza - Pizza cart, stalls and kiosks. Franchise fee 100-175k pesos. Estimated ROI at 1-2 years
• Monterey - Fresh and processed meat products.  Franchise Fee 200k pesos. Estimated ROI at 2.5-3 years.
• Greenwich Pizza - Pizza, pasta, chicken, desserts, smoothies. 800k pesos franchise fee, estimated ROI at 2-4 years
• Max Restaurant - Fried Chicken and Filipino cuisine. Franchise fee 2M pesos. estimated ROI at 4-5 years
• Pancake House - Pancakes, waffles, taco, spaghetti, continental dishes. Franchise fee 1M pesos. Estimated ROI 3.5-5 years
• Red Ribbon - Cakes, Cookies, Bread Products. Franchise fee 1M pesos; estimated ROI at 3-4 years

This entry was posted on Thursday, August 21st, 2008 at 9:18 am and is filed under Franchising, Small Business Tips. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.