WAFFLE TIME FRANCHISE PACKAGE Trade Name : Waffle Time Nature of Business : Refreshment Stands, Kiosks and Counters Purpose of Business : To manufacture, process & sell waffles Package Cost : P 250,000.00 net of tax Security Deposit : P 50,000.00 – refundable upon expiration of the Franchise Agreement with no interest Monthly Service Fee : 5% of the outlet’s monthly gross sales Location : Franchisee’s Account Franchise Duration : Three (3) years Renewal Fee : P 50,000.00
Package Inclusions: 1. Use of the Waffle Time Trade Name & Marks a. The franchisee is given the privilege to sell Waffle Time products using the Waffle Time trade name and trademark during the duration of the franchise contract. 2. Business Operations System a. The franchisee will use the business operations system developed by Waffle Time, Inc. to run its outlet smoothly and profitably. b. The business operations systems include: i. Outlet operation – furniture, equipments & tools, procedures, products, quality standards, food safety practices, workplace safety and handling customer complaints ii. Outlet accounting – daily sales report, inventories, P&L statement format c. Initial training of franchisee’s prospective personnel and the franchisee is free of charge; additional training of the franchisee’s personnel is for the franchisee’s account. 3. Mobilization Set-up a. Within the six cities where Waffle Time head office is located (Dagupan, Metro Manila, Iloilo City, Cebu City, Cagayan de Oro City and Davao City), as franchisor, Waffle Time, Inc. delivers cart, equipment and small wares to the franchisee’s outlet location free of charge. b. For franchise outlets located outside the cities where Waffle Time head office, delivery of cart, equipment and small wares to the franchised outlet is on the account of the franchisee. c. Setting up of carts follows the above condition. 4. Cart and Signage a. A well-designed and attractively made brand new cart is provided to the franchisee. This includes the familiar Waffle Time signage. b. All our carts are thoroughly inspected for quality workmanship before shipped out. 5. Equipment and Small Wares a. The franchise comes with waffle baker, food warmer and small wares needed for preparing waffles. b. Refrigerator used for storage of fillings is for the franchisee’s account. c. Ice tea dispenser is on loan and will be returned upon expiration of the franchise agreement. 6. Marketing Support a. Marketing collaterals, which include two (2) specially designed streamers and bundles of flyers, are provided for free to the franchisee before opening. b. These specially designed marketing collaterals bring awareness and help promote business in new areas. c. Design consultancy and conceptualization for customized marketing stuff are for free. However, additional and customized marketing stuff are for franchisee’s account. 7. Operational and Technical Support a. In line with our never-ending drive to provide our customers with the highest possible quality products and services, regular and periodic outlet quality compliance audits are conducted by well-trained Waffle Time supervisors. b. Not only the Waffle Time supervisors do quality audits, they also determine the specific needs of each outlet and address problems that may arise from day-to-day operations. c. Waffle Time continuous research and development efforts aims to upgrade and to improve both the products and waffle business. Supplies: o To control the quality of the product, all supplies are purchased from the nearest Waffle Time commissary. o These supplies include all raw materials used in product preparation and all packaging materials. o Supplies purchased at Waffle Time commissary are for Franchisee’s account and paid with a 5-day PDC on the same day the order is picked up. Contract Duration: Three (3) years upon signing of contract o Franchise agreement between Waffle Time, Inc and its franchisee is valid for a period of three years upon signing of contract. o Franchisee may renew the agreement upon mutual agreement with the franchisor on the same terms and conditions as the first contract. o Franchisor reserves the right to terminate a franchise agreement before expiration should the franchisee is found to be in violation of the stipulations of the Franchise Agreement. Other Franchise Expenditures: o Cost of site improvements or renovations o Site security deposits, rentals and other advance payments o Cost of business/government permits & licenses o Training allowance or salary of prospective crews o Utilities – electricity/power, water, etc.
Procedure for application: 1. Submit application to the Franchise Officer or Area Manager. o Franchise Application Form with 2pcs 2×2 picture o Sketch map of proposed outlet location o Letter of Intent 2. One-on-one Interview with Franchise Officer or Area manager. 3. Attend scheduled franchise orientation. 4. Franchise applicant will be given a maximum of ten days to submit the site evaluation report. 5. On the 10th day, the following documents will be submitted together with the Site evaluation report: o NBI clearance o Police clearance o Court clearance o Authority to check bank account o Processing fee of P5,000.00 6. Review and Signing of Agreement 7. Payment of 50% franchise fee. 8. Training / Orientation on Outlet Operations of both franchisees and their prospective crews. 9. Full payment of franchise fee, security deposit and initial stocks. o P5, 000.00 processing fee is deductible from the total franchise package cost; but is non-refundable in the event that the application is not granted by the company for whatever reasons. 10. Grand opening of franchise outlet.
Waffle Time Contact Person Catherine Joy T. Palencia Franchise Officer Mobile Phone # 09209622389 Tel. no. 550-6569 Fax no. 552-9208 www.waffletime.com E-mail catherine@waffletime.com
Waffle Time Contact Person
Catherine Joy T. Palencia Franchise Officer Mobile Phone # 09209622389 Tel. no. 550-6569 Fax no. 552-9208 www.waffletime.com E-mail catherine@waffletime.com
In 2003 Potato Corner was the recipient of the Franchise Excellence Hall of Fame Award. This Hall of Fame award was given by the Philippine Franchise Association and the Department of Trade and Industry for the distinction of winning Best Franchise of the year for 3 straight consecutive years.
Aside from Potato Corner, Cinco Corporation now has other brand such as Quick Stix and Bamboo Asia Bar and Grill Restaurants in Sta. Rosa, Laguna and in Lamuan, Marikina and other projects in the pipeline.
For Franchising Inquiries:
You may visit us at : CINCO CORPORATION Head Office 869 Katarungan St., Barangay Plainview, Mandaluyong City Direct Line:(632) 534-5845/46 Fax No.:(632) 534-5849 E-mail: cincofranchise@yahoo.com Website: www.cincocorporation.com Look for: Ms. Mina L. Brodeth – Franchise Officer
Dunkin’ Donuts franchise investment opportunities are available for both individuals and corporate investors interested in purchasing store development agreements for five or more units. From a five store development agreement, to unique opportunities to own and operate an entire market, you’re certain to find the right Dunkin’ Donuts franchising venture for you.
More Info about Dunkin Donut Franchising here.
Cinco Corporation, launched its operations in the Philippines in 1992. After three months, its Franchise operations began. By 1994, Potato Corner grew to having 70 outlets – a combination of carts, kiosk, and counters.
The international arena is Potato Corner’s natural next step , beginning with six shops in Indonesia. Potato corner is poised to enter Singapore, Malaysia , Thailand and the Middle East.
For Potato Corner Franchise Inquiries; CINCO CORPORATION Head Office 869 Katarungan St., Barangay Plainview, Mandaluyong City Direct Line:(632) 534-5845/46 Fax No.:(632) 534-5849 E-mail: cincofranchise@yahoo.com Website: www.cincocorporation.com Look for: Ms. Mina L. Brodeth – Franchise Officer
Mister Donut is one of the fastest growing fastfood chains in the country with over 700 outlets which include its innovative tie-ups with 7-Eleven, Shell Select, Petron, and other convenience stores, petroleum outlets, and shipping lines nationwide. Mister Donut is one of the fastest growing fastfood chains in the country with over 700 outlets which include its innovative tie-ups with 7-Eleven, Shell Select, Petron, and other convenience stores, petroleum outlets, and shipping lines nationwide.
Brand Name: Mister Donut Trade Name: Food Fest, Inc. Franchised Offered: Single Unit Franchise Format: Store Category: Food & Beverage Initial Investment: Php 400,000 Contact Person: Mr. Roger Solano Contact No: 373-1234 Address: 7/F RAMCAR Center, 80-82 Roces Ave., Diliman, Q.C. Target Franchise Area: Nationwide
For Franchise inquiries : (02) 373-1234 local 3303 or 3304 (02) 373-7913 (direct line) (02) 373-7923
Fax Machine : (02) 373-1234 local 3301 E-Mail: new.shop@misterdonut.ph Web: http://www.misterdonut.ph/