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.

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