Franchising Information in the Phlippines
Last time we talked about Jollibee Philippines franchise and McDonald’s Franchise in the Philippines. And we believed that we need to make more posts about the different franchises in the Philippines to help our readers and entrepreneur in deciding what franchise business that they are most suited for. If you have comments or suggestions on how to improve Franchise Philippines, please use our contact form.
On to the good stuff…
Chowking is a Philippine-based Chinese cuisine fast-food restaurant chain, predominantly selling noodle soups, dimsum and rice toppings. It was founded in 1985 by Robert Kuan as a Chinese counterpart to American fast-food giant McDonald’s, Chowking expanded steadily through the 1980s and 1990s, and eventually venturing into international markets, such as the United States, Middle East and newly Indonesia. The chain was bought by Jollibee Foods Corporation in 2000[1], who have since continued both local and international expansion.
Chowking pioneered the quick-service Oriental restaurant concept in the Philippines which combines the best of Western fast-food service and the delicious taste of Chinese food in Oriental restaurants
2005 Most Outstanding Meat Processing Plant in Metro Manila
-National Meat Inspection Service
This unique dining experiene has captured the hearts of millions of customers in Chowking’s more than 300 stores in the Philippines, and more than 20 others in the United States, the Middle East, and Indonesia
Major considerations are the viability of the proposed site and the personal qualifications of the applicant.
An applicant must possess good moral character, keen entrepreneurial business sense, financial capability to invest in the business and the ability to inspire leadership.
For a leased site, it ranges from P9M to P12M, depending on the size of the store. The investment covers kitchen facilities, construction and finishes, furniture and fixtures, signages and others. It also includes the P1M franchise fee.
Depending on the sales and cost performance of the store, the investment payback ranges from 3-4 years.
A detailed financial feasibility study is discussed with the potential franchisee during the evaluation phase.
Chowking does not provide financing.
An ideal site should have an area ranging from 250 to 300 sq.m.
It is the applicant who should look for a site.
Chowking will do the feasibility study and approve or reject the proposed site.
Chowking does not directly hire employees for the franchisee. However, Chowking assists in the recruitment and training of managers and provides HR management guidelines.
The franchise is awarded to individuals only, although the franchisee can form a corporation where he/she is majority owner.
About two to four months after the site turnover.
The Chowking franchise contract is for ten years, renewable for another term, provided certain provisions in the contract are met.
Letter of Intent, location map of the site, and a duly-accomplished application form.
Franchise Philippines - do business, earn money using the proven business models. Learn and take advantage of franchise opportunities.
German S. Capati (GSC)
August 17th, 2008 at 4:34 am
Hi Jlp…we are looking for Chowking franchise that is for sale? Particular place in Cebu or Manila. Salamat po!
JIp
August 22nd, 2008 at 12:47 pm
Hi! We will be compiling a list of franchising companies and their details into a huge ebook. It will be free for all but will have limited slots available. Kindly reserve your slots so you can get a hold of this information when it is out. I believe it will help you solve your problems when it comes to franchising.