The Mang Inasal franchise is popular among Pinoys thanks to their everlasting love for chicken inasal and barbecues. Being a multinational fast food chain and part of the Jollibee Food Corporation (JFC) allows them to successfully expand their business. Today, they boast over 500+ operative stores nationwide. If you are looking to be a part of the business’ growing reach, there are some franchising steps you need to follow.
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Starting a Mang Inasal Franchise
Mang Inasal offers strong brand recognition and builds a loyal customer base thanks to their daily sales. By starting a Mang Inasal franchise, you can benefit from an already successful system. Additionally, by franchising, you would garner a range of experience that would help you in the near future.
Here is what you need to follow when launching a successful franchise.
Requirements for Franchising Mang Inasal
Mang Inasal continuously requires individuals who are intrigued to start a franchise. For those who are looking to take the role, they need to meet the following requirements:
- Adequate corporate / Individual reputation: Ideal applicants must provide a good business track record that highlights their compliance with necessary regulations. They must also have a good reputation in the industry.
- Corporate values and fit for the business: Willing applicants must possess qualities and capabilities that match the fast food chain’s values. Additionally, they should also align with their way of carrying the business.
- Shared belief and commitment: Applicants must have a full commitment and aligned beliefs when partnering with Mang Inasal.
- Capability to operate the business successfully: Applicants are required to have strong financial capabilities to build and maintain the store. Financial requirements are also needed for business operations and hiring personnel.
- Capability to acquire sites and manage leases: Applicants must be capable of acquiring and providing appropriate sites for further expansions. This includes the necessary resources needed.
Additionally, willing applicants are not required to have past franchise or restaurant experience. However, they may utilize the experience as a plus. Moreover, upon franchising, the company will provide basic business management training.
Mang Inasal Franchise Cost and Price
Listed below is the breakdown of the Mang Inasal franchise price and coverage details in the Philippines. Applicants must be aware that investment details are subject to changes:
Mang Inasal Franchise Cost in the Philippines | ||
Item | Cost / Requirements | Details |
Initial Investment | Est. PHP 15 – 30 million Note: Estimates may differ depending on the store’s type and size. | The estimated capital investment in opening a Mang Inasal franchise can range around PHP 30 million. Coverage includes: Site acquisition costs. Store construction. Equipment and supplies. Pre-opening expenses. |
Franchising Fee | PHP 1,200,000 | Mang Inasal Franchise price is PHP 1 Million and 200 Thousand with exclusive VAT. (One-time use only). This fee covers initial services, such as: Market assessment. System set-up. Staff training. |
Store Construction and Renovation Cost | 220 – 280 SQM | The store requirements for Mang Inasal should be between 220 to 280 square meters. The area must also have a frontage of 13 meters. Construction and renovation costs depend on site and design requirements. |
Ongoing Costs | Royalty Fee: 5% of net sales. Advertising Fee: 3% of net sales. | Applicants who launch a franchise are required to pay the provided fee alongside the initial investment. |
Applicants should note that other details, such as return on investments, will be discussed further once the application has been approved.
Additionally, it is also important to note that the company does not directly provide financing options. However, depending on the situation, the company may assist in connecting franchisees with any recommended financial solutions.
Also Read: LIST: 7 Best Low-Cost Franchise Businesses in the Philippines 2024
The Franchising Process
The Mang Inasal Franchise Application Process revolves around a couple of steps. The first step is to complete the following initial requirements:
- Signed Letter of Intent (LOI): Click here for the downloadable template.
- Site References, which include:
- The site map, including Google Map screenshots and nearby landmarks.
- Photos of the proposed site which should include a 360-degree view and a front view 100 to 300m distance away.
- Lot plan and layout indicating the area for lease with measurements.
- Lease Offer/Details (if available).
Once you have completed the mentioned requirements above, you have to submit the documents through the following:
- Send a physical mail to Franchising Division Unit 407, 4th Floor Jollibee Plaza, 10 F. Ortigas Jr. Avenue, Ortigas Center, Pasig City, Metro Manila, Philippines.
- Email the scanned copy of every document to mi.franchising@manginasal.com.
Also Read: How to Franchise Jollibee in the Philippines
Frequently Asked Questions About Mang Inasal Franchise
Here are some of the frequent questions applicants inquire when it comes to Mang Inasal franchise cost and factors during launch.
What is the Estimated Capital Investment?
In general, the capital investment for Mang Inasal is estimated to be around PHP 15 to PHP 30 million. As covered under Mang Inasal’s franchise price, this estimate can change depending on the type and size of the physical store.
Who will do the Mang Inasal’s site design and construction?
The company will provide the store design through its design partner with the fee being at the expense of the applicant. The applicant shall also construct or build the store following the approved design.
Does Mang Inasal provide training franchises?
Yes, once your application is approved and you have signed the franchise agreement, you will go through a training program for efficient operation. The training will include classroom courses, seminars, and hands-on training on existing stores.
Final Thoughts
Applying to open a Mang Inasal franchise can provide a regarding experience and profit for those interested in the opening. Opening a franchise will provide a boost to your entrepreneurial portfolio while giving filling dining to your fellow countrymen. You just need to have the necessary finances and personal requirements to join an ever-growing business. Check out Mang Inasal today if you want to get started.
Keep Reading: Mang Inasal Menu Price List 2024
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