How to start Figaro Coffee franchise in Philippines: Investment costs, requirements, expected profit
By Spider Computech on Saturday 19 March 2016
If you are looking to get into coffee business in the Philippines, Figaro Coffee shop franchise might impress you. Figaro is one of the fastest growing coffee chains with over 80 outlets in the Philippines. Read on to learn how to start Figaro coffee franchise in the Philippines, investment costs and returns, application process, requirements, Figaro coffee shop franchise contact details and more.Why to open a Figaro Coffee franchise in Philippines?
Figaro is the number one Filipino Coffee brand which is the first one to introduce flavored coffee beans in the Philippines. Figaro outlets have a Europian style ambiance which serves coffee made from freshly roasted beans sourced from all over the Philippines. As a franchisee of Figaro, you can take the advantage of using an established brand name and products, site assessment support, get assistance in construction and site designing, training support and more. Undoubtedly opening Figaro coffee franchise is profitable business opportunity in Philippines as the demand for coffee continues to grow in the long run.
Available Figaro Coffee franchise in Philippines
Figaro Coffee franchise in the Philippines are available at Makati City, Quezon City, Manila, Muntinlupa, Mandaluyong, Pasig, Paranaque, Rizal, Pasay, San Juan, Marikina, Las Pinas, Taguig, Laguna, Cavite, Baguio City, Batangas, Cebu, Cagayan de Oro, Davao, Bulacan, Iloilo, Pangasinan.
Figaro Coffee Shop franchise: Investments, start-up costs, requirements, profit
To open Figaro Coffee shop franchise, you need Php 2.5 million to Php 7 million. Also, you need to pay a royalty fee of 5 percent of net sales.
Figaro Coffee shop franchise offers full store concept, Kiosk A, Kiosk B and Cart business models for which the details are as follows.
- Figaro Coffee shop full store concept requires 1000 square feet of carpet area with an investment of about Php 6.5 million.
- Figaro Coffee shop Kiosk A concept requires a 300 sq ft to 500 sq ft carpet area with an investment of about 5.4 million Pesos.
- Figaro Coffee shop Kiosk B concept requires 200 square feet to 500 square feet carpet area with an investment of about 4.2 million Pesos.
- Figaro Coffee cart concept requires less than 200 square feet with an investment of about Php 2 million.
Return on investment for Figaro Coffee franchise depends on the location, performance of the store and various other aspects. But on average you can expect within 3 to 5 years.
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Figaro Coffee Shop franchise in Philippines application process
To apply for Figaro Coffee shop franchise in the Philippines, send an email with a letter of intent expressing your interest in starting Figaro Coffee franchise, mentioning proposed site and location to franchise[at]figarocoffee[dot]com. Upon receiving the letter of intent you will be called upon for franchise orientation meeting and for further process.
Figaro Coffee franchise Philippines contact address
If you want to know more about Figaro Coffee franchise in Philippines, enquiry can be made at (632) 635-2132 (632) 637-5969 or shoot an email at franchise[at]figarocoffee[dot]com.
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