Franchise Package

Full Scale Store

PHP 1,200,000.00
Franchise Fee (Vat-in, Net of 2% EWT)

Security Deposit
PHP 500,000.00
Royalty Fee
6%
Franchise Terms
7 years
Minimum Floor Area
100-120 sqm
Franchise Capex
PHP 9M—12M estimated
Estimated ROI
3.5 — 4.5 years
1
Brand Discovery and Franchise Offering
2
Letter of Intent (LOI) Submission
3
Application Submission and Financial Planning
4
Payment of Franchise Fee and Deposit (refundable)
5
Securing of Location, Signing of Lease and Franchise Agreement
6
Start of Franchise Outlet

How much is the total investment for Tapa King?

The estimated average investment for a Tapa King franchise for a minimum of 100-120 sqm starts at PHP 9,000,000 includes Franchise Fee of Php 1,200,000 (Vat-in, net of 2% EWT).

What does the total franchise investment cover?

Your total franchise investment covers the following:

• Use of licensed trademark, name, and logo

• Site selection and evaluation assistance

• Architectural design and construction assistance

• Pre-opening and start-up assistance

• Comprehensive Franchise Operations Manual

• Training on management, operations, and customer service

• Grand opening and local store marketing assistance

What is the average return on investment?

The estimated return on investment is 4-5 years, based on franchisee and company data.

How much is the royalty fee?

Tapa King charges a royalty fee of 6% of gross sales which covers ongoing support and field visits.

What training will we receive as franchisees?

The franchise owner, designated management team, and outlet personnel will be given extensive training at the franchisor headquarters and franchisee store. This includes the dry-run or soft opening. The staff training will be conducted within 12 days before the grand opening of the franchisee store. The management team training will take 45 days as it covers the business operations, management, and customer service.

What other continuing support will I receive?

As our franchisee, you will receive continuing support from us during your term of the franchise as follows:

• Technical support

• Sales and operation performance reporting guidance

• Regular field visits and business guidance

• Updates on new products and services

What is the term of the franchise agreement?

The initial term of the franchise agreement is 7 years.

Who will look for the location?

The franchisee will search for their desired location. He or she will need to submit a sketch of the location map, including details of the proposed location. This will then be passed on to the franchisor for evaluation and approval.

Schedule a meeting with our Franchise Team

"They (the management) were very accommodating with all my questions and concerns. They would listen to me every time I have a situation, big or small. I’m so happy about that. The management of Tapa King, especially now, has become a family to me.”
Mooning Noel
30 years with Tapa King