Jollibee Franchise Prices Six things you need to Know

Published: 23rd September 2009
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Times are hard; we are in an economic recession and spending a lot of time and money on a franchise is a huge decision. If you could sink your teeth into a business that has a proven track record and make a substantial living then the price you pay just might be worth it! For example, let's take a look at a Jollibee franchise model and price range and see if it is what you are looking for.

What started out as an ice cream parlour in Manila during the 1970's and has exploded into one of the top franchises in today's market. Here are six things you should know before purchasing a Jollibee franchise.

1) What are the qualifications to be a Jollibee franchise owner?
Well, you must have an entrepreneurial spirit, be self-motivated and have the ability to inspire people to work in a fast pace environment. You must be willing to do what it takes to oversee the day to day operations of the restaurant. Take full time training in Jollibee restaurant operations and the ability to fund the operation. Whew! I'm already tired.

2) Can I get a good location?
With a Jollibee franchise you will have to find your own location. They will still take your application but nothing can be done until you have an applied site.

3) What do I get for my investment?
For the price of your investment you will get; the construction of the building, kitchen equipment and supplies, furnishings and lighting, air conditioning, signage and pre-operating expenses.

4) What about hiring and training?
Jollibee will help with the initial hiring and training of the management team but the franchise owner is responsible for the salaries and benefits of these employees while training. So you better have a float to get you started.

5) What kind of return can I expect on my investment?
The return on your investment would depend on several factors such as, location, sales, your ability to control operating expenses, and your ability to train and hold onto good employees.

6) And finally what is the cost of my investment?
The cost of your investment, depending on store size and location, will run you between $250,000.00- $500,000.00 USD. Ouch!

If you are looking to spend that kind of money on a business venture then a Jollibee franchise just might be what you are looking for. They are very successful and whenever a new restaurant opens up they are lined up down the street.

Now, if you would be interested in a business venture that has a minimal investment, with low overhead costs, completely uniformed and is arguably one of the hottest success models on the internet with returns like a Jollibee franchise then please got tohttp://www.make1kaday.ca


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