To get a branded Siomai Franchise (Siomai House or Master Siomai, The Number 1 and 2 in the country now) will mean the following:
1. Franchise Package of P250,000 (excluding mall or store improvements)
2. Your Food Margin on the Siomai is a low 20% (which means YOU HAVE TO SELL MANY SIOMAIs TO EARN)
3. You have to follow the Franchisor's instructions to the letter. THE FRANCHISOR IS YOUR BOSS AND BUSINESS PARTNER.
What if you do not want have a boss, want to earn bigger margins and do not want to spend (or do not have) P250 thousand to spend?
ENTER JCM FOODLINK. They will sell you the siomai and siopao. You put-up your own brand and sell.
Branded siomai franchises will sell you the siomai at 20% less than your selling price of P25/order of 4-pc siomai or P20. JCM will sell you their siomai at P2/pc or P8/order and you sell at P25 for a MARGIN OF 68% (vs 20% of the branded siomais).
Of course, Siomai House and Master Siomai have brand-recalls. You will need to promote your products LOUDLY but still, a 300% difference in margins is something serious.
Given the high rent from most malls, a siomai foodcart should sell at least P15,000 to P25,000 a day at 25% markup. In fact, some siomai foodcarts exceed that as in the case of the Siomai House in Ayala MRT that reportedly sells as high as P60-70 thousand a day!!!
JCM Contact Nos. 887-0122
1. Franchise Package of P250,000 (excluding mall or store improvements)
2. Your Food Margin on the Siomai is a low 20% (which means YOU HAVE TO SELL MANY SIOMAIs TO EARN)
3. You have to follow the Franchisor's instructions to the letter. THE FRANCHISOR IS YOUR BOSS AND BUSINESS PARTNER.
What if you do not want have a boss, want to earn bigger margins and do not want to spend (or do not have) P250 thousand to spend?
Lines forming at the JCM Foodlink booth |
ENTER JCM FOODLINK. They will sell you the siomai and siopao. You put-up your own brand and sell.
Branded siomai franchises will sell you the siomai at 20% less than your selling price of P25/order of 4-pc siomai or P20. JCM will sell you their siomai at P2/pc or P8/order and you sell at P25 for a MARGIN OF 68% (vs 20% of the branded siomais).
Of course, Siomai House and Master Siomai have brand-recalls. You will need to promote your products LOUDLY but still, a 300% difference in margins is something serious.
Given the high rent from most malls, a siomai foodcart should sell at least P15,000 to P25,000 a day at 25% markup. In fact, some siomai foodcarts exceed that as in the case of the Siomai House in Ayala MRT that reportedly sells as high as P60-70 thousand a day!!!
JCM Contact Nos. 887-0122
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
I Want to Contact You PLease give me full details in my Yahoo
ReplyDeletetut_tada@yahoo.com
pls email to me the full details about jcm foodlink.I'm planning to have a franchise. tnx. gerlie0818@yahoo.com
ReplyDelete