The Philippines is a haven for foodies, and one of the most beloved brands in the country is Angel’s Burger. Since its humble beginnings in 2003, Angel’s Burger has grown into a successful franchise with over 100 branches across the Philippines. Aspiring entrepreneurs wanting to join the Angel’s Burger family often wonder, “How much is the franchise fee of Angel’s Burger?” In this article, we’ll delve into the details of the franchise fee, requirements, and benefits of joining the Angel’s Burger family.
The Rise of Angel’s Burger
Before we dive into the franchise fee, let’s take a brief look at the story of Angel’s Burger. Founded by aFilipino entrepreneur, Angel’s Burger started as a small burger joint in Quezon City. The brand’s commitment to serving high-quality burgers at affordable prices quickly gained popularity among locals. As the brand grew, it expanded its menu to include other Filipino favorites, such as rice meals and sandwiches.
Angel’s Burger’s success can be attributed to its focus on quality, customer service, and innovative marketing strategies. The brand has become synonymous with delicious and affordable burgers, making it a staple in many Filipino households.
The Franchise Fee of Angel’s Burger
Now, onto the million-peso question: How much is the franchise fee of Angel’s Burger? The answer may vary depending on several factors, including the location, size, and type of store you wish to open. However, according to Angel’s Burger’s official website, the initial investment required to franchise an Angel’s Burger store ranges from PHP 1.5 million to PHP 2.5 million.
This initial investment includes the following:
- Franchise fee: PHP 500,000 to PHP 750,000
- Construction and renovation costs: PHP 500,000 to PHP 1,000,000
- Equipment and furniture costs: PHP 200,000 to PHP 500,000
- Initial inventory and supplies: PHP 100,000 to PHP 200,000
- Training and marketing expenses: PHP 50,000 to PHP 100,000
Franchise Fee Breakdown
The franchise fee of Angel’s Burger is divided into two components: the initial franchise fee and the ongoing royalties.
- Initial Franchise Fee: This is a one-time payment made by the franchisee to Angel’s Burger upon signing the franchise agreement. The initial franchise fee ranges from PHP 500,000 to PHP 750,000, depending on the location and size of the store.
- Ongoing Royalties: In addition to the initial franchise fee, franchisees are required to pay ongoing royalties to Angel’s Burger. These royalties are typically a percentage of the store’s monthly gross sales, ranging from 3% to 5%.
Requirements for Franchising Angel’s Burger
In addition to the initial investment, Angel’s Burger has specific requirements for aspiring franchisees. These requirements include:
- Net Worth: A minimum net worth of PHP 2 million to PHP 5 million is required to franchise an Angel’s Burger store.
- Business Experience: Angel’s Burger prefers franchisees with business experience, particularly in the food industry. However, this is not a hard requirement.
- Training and Support: Franchisees are required to undergo comprehensive training provided by Angel’s Burger. This training covers aspects such as operations, marketing, and customer service.
- Location: Angel’s Burger has specific location requirements, including a minimum floor area of 50 square meters and a high foot traffic area.
Why Franchise with Angel’s Burger?
With the initial investment and requirements in place, one might wonder why franchising with Angel’s Burger is a good business opportunity. Here are some benefits of joining the Angel’s Burger family:
- Established Brand: Angel’s Burger is a well-known and trusted brand in the Philippines, with a loyal customer base.
- Comprehensive Training and Support: Angel’s Burger provides extensive training and support to ensure franchisees have the skills and knowledge to operate a successful store.
- Ongoing Marketing and Promotions: Angel’s Burger has a dedicated marketing team that develops and implements promotions and campaigns to drive sales and increase brand visibility.
- Supply Chain Management: Angel’s Burger has established relationships with suppliers, ensuring franchisees have access to high-quality ingredients and supplies at competitive prices.
Conclusion
Franchising with Angel’s Burger can be a lucrative business opportunity for entrepreneurs who are passionate about the food industry. While the initial investment and requirements may seem daunting, the benefits of joining the Angel’s Burger family far outweigh the costs. With a strong brand reputation, comprehensive training and support, and ongoing marketing and promotions, Angel’s Burger franchisees are set up for success. So, if you’re ready to take the leap and join the Angel’s Burger family, the first step is to contact their franchise team to discuss your application.
| Initial Investment | Franchise Fee | Construction and Renovation Costs | Equipment and Furniture Costs | Initial Inventory and Supplies | Training and Marketing Expenses |
|---|---|---|---|---|---|
| PHP 1.5 million to PHP 2.5 million | PHP 500,000 to PHP 750,000 | PHP 500,000 to PHP 1,000,000 | PHP 200,000 to PHP 500,000 | PHP 100,000 to PHP 200,000 | PHP 50,000 to PHP 100,000 |
What is the franchise fee of Angel’s Burger?
The franchise fee of Angel’s Burger is approximately P1.5 million to P2.5 million, depending on the package and location of the franchise. This fee includes the cost of training, equipment, and initial inventory. It’s essential to note that this fee is a one-time payment and is separate from the monthly royalty fee and marketing fee.
The franchise fee is a significant investment, but it’s a crucial step in becoming a part of the Angel’s Burger family. With this fee, you’ll gain access to the brand’s proven business model, comprehensive training, and ongoing support. You’ll also receive guidance on site selection, construction, and operations, ensuring that your franchise is set up for success from the start.
What are the requirements to become an Angel’s Burger franchisee?
To become an Angel’s Burger franchisee, you’ll need to meet certain financial and personal requirements. Financially, you’ll need a minimum net worth of P5 million to P10 million, depending on the location and package you’re applying for. You’ll also need to have a minimum liquidity of P1.5 million to P2.5 million to cover the franchise fee and initial start-up costs.
In terms of personal requirements, Angel’s Burger looks for individuals who are passionate about the food industry, have excellent business acumen, and are willing to follow the brand’s system and processes. You’ll also need to be committed to providing excellent customer service and be willing to undergo training and continuous learning to ensure the success of your franchise.
What kind of training and support does Angel’s Burger offer?
Angel’s Burger offers comprehensive training and support to its franchisees to ensure their success. The training program includes both classroom and on-the-job training, covering topics such as business operations, marketing, and customer service. You’ll also receive guidance on inventory management, accounting, and human resources.
In addition to training, Angel’s Burger provides ongoing support to its franchisees through regular visits, performance monitoring, and marketing assistance. The brand also offers a comprehensive operations manual and access to its proprietary systems and processes, ensuring that you have all the tools and resources you need to succeed.
How long does the franchise agreement last?
The franchise agreement with Angel’s Burger typically lasts for 5 years, with an option to renew for an additional 5 years. During this period, you’ll have access to the brand’s support and resources, as well as the right to use the Angel’s Burger brand and trademarks.
It’s essential to note that the franchise agreement can be terminated if certain conditions are not met, such as failure to meet performance targets or non-compliance with the brand’s system and processes. However, with hard work and dedication, the franchise agreement can be a valuable asset in building a successful business.
Can I own multiple Angel’s Burger franchises?
Yes, it’s possible to own multiple Angel’s Burger franchises, provided you meet the brand’s eligibility criteria and have the necessary financial resources. In fact, many successful franchisees have multiple locations, which can provide a higher return on investment and greater market presence.
However, it’s essential to ensure that you have the necessary infrastructure and resources to manage multiple locations effectively. Angel’s Burger also requires that you operate each franchise according to its system and processes, ensuring consistency and quality across all locations.
How long does it take to set up an Angel’s Burger franchise?
The time it takes to set up an Angel’s Burger franchise can vary depending on several factors, such as the location and size of the franchise. On average, it can take around 3-6 months to complete the entire process, from application to grand opening.
This period includes the time it takes to process your application, complete the training program, and set up the franchise location. You’ll also need to secure the necessary permits and licenses, which can take some time. However, with careful planning and execution, you can be up and running in no time.
Is Angel’s Burger a profitable business?
Yes, Angel’s Burger can be a profitable business, provided you’re willing to put in the hard work and dedication required to succeed. With its proven business model, comprehensive training, and ongoing support, Angel’s Burger provides its franchisees with a solid foundation for success.
In fact, many Angel’s Burger franchisees have reported high returns on investment, with some locations generating sales of up to P1 million per month. However, profitability can vary depending on several factors, such as location, marketing, and operational efficiency. By following the brand’s system and processes, you can increase your chances of success and build a profitable business.