I would like to know how much it cost in franchising in Jollibee restaurant? What includes in the franchise? and what are the requirements? How it works? Do I have to find my own location?
I would THINK Jollibee would be a tough outfit to franchise in the US because it would be attractive to mainly a Filipino clientele. At last check, there were only a handful of locations in the US, only in CA. I doubt Jollibee would allow you open a store in,say, Peoria, Illinois as there is not a large Filipino customer base, not to mention the cost of advertising and operating ONE unit in a given market. In general , fast food franchises are good moneymakers in the long run but have a big start up cost, not to mention advertising fees thst never end and eat up your profits. Many franchisees will take their profits and keep opening more and more units basically working their a$$e$ off until they are really set up nicely. |