2/F MC Pod Bldg. McArthur Highway, Matina and Coca-cola Village, Matina, Davao City.
Telefax No. (082) 298 8565 / 298 8363
Email Address: penongs.franchising@gmail.com
STEPS TO PENONG’S FRANCHISE
1. APPLICATION
Submit the following:
LETTER OF INTENT
APPLICATION INFORMATION SHEET
SITE EVALUATION
BANK CERTIFICATES
Ocular Inspection and Market Study
Store Visit-Layout and Operations Overview
Financial Review-Profit and Loss; Break-Even Analysis
Franchise Disclosure Information (FDI)-Franchise Agreement and Other Penong’s Information
Contract Signing
2. PRE-OPENING
Recruitment
Training
Construction
3. GRAND OPENING
INVESTMENT AND COSTING
Franchise Fee Php 896,000
Delivery Vehicle Php 100,000
Initial Inventory Php 500,000
Set-up Cost Php 2,000,000
Construction Php 3,500,000
FRANCHISE INFORMATION
Initial Setup Cost:
Php 896,000.00 (VAT Inclusive)
Inclusive of:
Use of Trade Name and Proprietary Marks
Site Evaluation Approval
Store Design Construction Supervision
Recruitment
Initial Franchise Staff Training
Procurement Program
Marketing Support
Pre & Post Opening Assistance
Use of Ope ning Manual
Research and Products Development
Term:
6 Years
Estimated Investment:
Php 7-8 Million Pesos depending on the location site development
Royalty Service Fee:
5% of Gross Sales
2% for Marketing Advertising
Area Requirements:
In-Store (within a bldg.) 250 – 300 sqm.
With common parking space 350 – 400 sqm.
Free standing 600 sqm.
be part of the BEST TASTING Chicken Barbecue / RESTAURANT FRANCHISE.
Comments or questions are welcome.