Foodcraves (D' Franchise Experts)
offers franchising assistance to people who are looking for affordable foodcart franchise. It is an online resources that market the products of one of the leading and multi-awarded food cart company in the Philippines. We are here to help you from all your questions and concerns, starting from product selection to implementation to actual operation. All your inquiries will be answered as transparent and honest as possible.
We are here not just to make sales, but to educate people who wants to venture into the business of foodcart franchising.
VISION
To be recognized and respected as the most successful franchise company in the Philippines.
MISSION
FFI is committed to uplifting the lives of every Filipino by providing totally reliable and competitively superior products, empowering him with the business knowledge to become a successful business owner by fostering customer enthusiasm through the integration of people, technology and business systems.
Why Franchise with FFI?
- Philippines No. 1 and only affordable franchise package.
- Wide range of authentic business.
- A proven system of operation.
- Low initial investment, easy and ready to operate cart.
- All in, no hidden charges.
- Growth and expansion opportunities.
Awards
- 2005 National Product Quality Excellence Awards
(MY PAO Best Dimsum Franchise)
- 2005 Consumers’ Choice Dangal ng Pilipinas Annual Awards
(MY PAO Most Outstanding Franchising Business Venture)
- 2006 National Shoppers’ Choice Annual Awards
(PINOY PAO No.1 Dimsum Chain)
- 27th Annual PEOPLE’S CHOICE Awards
(2009 Outstanding Franchising Business Opportunity Company)
- 2011 Asia Pacific Excellence Awards (Outstanding Franchise Company)
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FAQS
Frequently Ask Questions
- What do you look for in a potential Franchisee?
- How can a potential dealer apply for a Franchise?
- How much does Franchise cost? What is included in the Franchisee fee?
- When does the dealer have to pay the fee?
- How long does it take to open a Franchise shop?
- How many units can a single franchisee own?
- Where can dealers locate their Franchise Outlet?
- What is the dimension of the cart and area requirement?
- How much can a franchisee earn?
- What kind of training will the Franchisee receive?
- Who will be responsible in the recruitment and training of the personnel?
- What products will be sold in the Franchise outlet? At what price would the products be sold?
- How will Franchisor ensure product quality and standard of operations are being upheld?
- Is delivery free for product orders?
- 14.1 How about product shipping and freight services?
- 14.2 Are there any other source for franchise products?
- Is there zoning rule for similar franchise concept franchisees?
- What is the product’s shelf life?
- Are documents for permits application readily available?
- What is the duration of the franchise agreement?
- How will you deliver the franchise package (cart and equipments) in provinces far from Manila?
- A potential dealer should be willing to invest money, willing to find a good location for the unit, and willing to follow set standards. Potential dealer should possess an entrepreneurial spirit and the commitment to push sales of products.
- A potential dealer can inquire about the Franchise opportunity via telephone, fax, email, and appointment visit. (foodcraves@asia.com, 569-5268, 0933-485-8880)
- The potential dealer should provide the following requirements in order to facilitate the application process: completed application form, photograph and location map of proposed site.
- Application forms can be obtained from and submitted to our office or email foodcraves@asia.com or text or call 569-5268 / 0933-485-8880
- For a cart Php26,888.00 to P250,000.00
- The Franchise fee is inclusive of the following: cart with signages and equipment. There are no annual franchise fees, no royalty fees and no store-opening fees.
- Also, the franchise fee includes the license which allows the dealer to operate and use the trademark of Franchise. The Franchise Cart terms is three (3) years.
- Once dealer’s application is approved, franchisee needs to sign a franchise contract and pay the required franchise fee.
- The Franchise business development process takes 3-4 weeks. The activities include processing of applications, construction of the cart, equipment and materials preparation and training.
- A single franchisee can own multiple units for as long as they can pay the necessary fees for the said units and observe the standard operation procedures set by Franchisor.
- Franchisee can locate in high foot traffic areas. They can sell in schools, malls, bazaars and during special events. The company will ensure that no two Franchise outlet are located within 500 meter radius so dealers can fully realize the returns of his investment and not compete with another Franchisee.
- In cases wherein the unit is located within a building which has a potential for expansion within or around the said location, the dealer is given the right of first refusal to proposals which shall arise in the future.
- It depends on the foodcart’s concept.
- Area requirement: 2.5 m. x 2.5 m.
- Franchisee profitability depends highly on where he locates his cart. Gross margin is estimated at 40%.
- In order for franchisee to recoup his expenses (cost of goods, rental, depreciation, utilities and labor), he needs to sell about P2,500 per day (assuming rental is at P10,000 per month).
- Note: figures are estimates only
Note: In any foodcart business, profitability will always depend on two major factors – good location and management. You should have at least both to have a higher chance of success.
- The franchisee and his manpower pool will be trained in basic cart operation and product handling by Franchisor personnel.
- Franchisee shall source, screen and select the required personnel. For Cart operation minimum of one (1) person per shift.
- Franchisor will conduct certain training programs which the dealer and his personnel must personally attend and successfully complete before they are allowed to operate and/or manage the unit.
- For the cart operation, all Franchise products.
- Franchisee is not allowed to sell any other food item other than those specified by Franchisor.
- Franchisor will provide the standard price list of the products indicating the dealer’s selling price to the consumers. Franchisor shall peg the prices of such products according to the targeted profitability rates that will provide reasonable returns to the dealer.
- Franchisor will designate employees and agents who shall audit shop operations on the basis of Franchisor’s approved standards on service, product quality, cleanliness, equipment maintenance, atmosphere, etc.
- For NCR customers, a minimum order of P3,500 is required for free delivery service.
- For nearby provinces north and south of NCR, minimum order amount varies depending on the distance and approximated travel time. However, we will advice the distribution/pick-up center near your area.
- For product shipping and/or forwarding via sea and land only, charges will be shouldered by the franchisee, delivery to terminals however will be free for orders P3,500 and above.
- For product orders P25,000 and above, freight charges via land and sea will be shouldered by the company.
- Look for the nearest distributor / pick-up center within your area.
- Food carts with same concepts must be 500 meters away from each other.
- Products, as long as kept frozen, last for 60 days.
- Once defrosted, products should be consumed with 24 hours. First in, first out.
- Left-over or unconsumed products should be returned to the freezer and likewise should be consumed within 24 hours.
- Documents required stall application can be made available upon request.
- Franchise agreement is good for 3 years, however, it can be extended with a minimum renewal fee.
- After paying the Franchise Package through Metrobank or BDO, delivery can be arranged terminal to terminal. Charges will be shouldered by the Franchisee.
