There are so many foodcart franchises to choose from but the BIGGEST PROBLEM IS FINDING A GOOD LOCATION.
It seems all the good spots in the Top 3 Malls (SM, Robinson's, Ayala Malls) are already taken by the name-brand franchises as company-owned outlets. And even if you could find a spot, the Mall Leasing Departments reserve the right to transfer you anywhere in their mall and charge you High rents and CUSAs.
A friend of mine who operates a lotto outlet in an Ayala Mall has had to transfer 4 times already!
If you are thinking of Roadsides such as schools, terminals and others, it is also difficult to track down the owners of these commercial spaces.
With all these difficulties, you might consider hiring the services of a SITE LOCATOR.
Because it is their livelihood, they have their networks of commercial space owners who immediately inform them of any vacancies.
I have encountered 2 such Site Locators with varying Service Fees:
1. You pay them the equivalent of one-month's rent of the intended site;
2. You pay them P5,000 down and P5,000 upon Site Visit;
3. The Landlord pays the Site Locator. In which case, you might want to give a Gratuity to the Site Locator instead.
It seems all the good spots in the Top 3 Malls (SM, Robinson's, Ayala Malls) are already taken by the name-brand franchises as company-owned outlets. And even if you could find a spot, the Mall Leasing Departments reserve the right to transfer you anywhere in their mall and charge you High rents and CUSAs.
A friend of mine who operates a lotto outlet in an Ayala Mall has had to transfer 4 times already!
If you are thinking of Roadsides such as schools, terminals and others, it is also difficult to track down the owners of these commercial spaces.
With all these difficulties, you might consider hiring the services of a SITE LOCATOR.
Because it is their livelihood, they have their networks of commercial space owners who immediately inform them of any vacancies.
I have encountered 2 such Site Locators with varying Service Fees:
1. You pay them the equivalent of one-month's rent of the intended site;
2. You pay them P5,000 down and P5,000 upon Site Visit;
3. The Landlord pays the Site Locator. In which case, you might want to give a Gratuity to the Site Locator instead.
If you want to request for further information, send me a message or comment on the above post, please kindly click the "comment" button below this post.
As a NEW FEATURE ON MY NEW BLOG, I am conducting a Reader Survey on "What You Think Is The Hottest Small Business in Manila today". On the Top Right part of this blog is my Survey Poll. Please click your choice as the Best Small Business in Manila and then click "Vote" button.
As a NEW FEATURE ON MY NEW BLOG, I am conducting a Reader Survey on "What You Think Is The Hottest Small Business in Manila today". On the Top Right part of this blog is my Survey Poll. Please click your choice as the Best Small Business in Manila and then click "Vote" button.
To see the results of the survey todate, just click the “Show Result” button
hi im much interested about your site locator, pls text me the details 0917-706-2211
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