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	<title>PHILIPPINE FRANCHISE &#187; Waffle Time</title>
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	<description>Franchise Business Opprtunities in the Philippines</description>
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		<title>Waffle Time Franchise</title>
		<link>http://www.philippinefranchise.net/waffle-time-franchise/</link>
		<comments>http://www.philippinefranchise.net/waffle-time-franchise/#comments</comments>
		<pubDate>Sat, 06 Mar 2010 23:06:48 +0000</pubDate>
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				<category><![CDATA[Food Franchise]]></category>
		<category><![CDATA[Waffle Time]]></category>
		<category><![CDATA[Amp Tools]]></category>
		<category><![CDATA[Cagayan De Oro City]]></category>
		<category><![CDATA[Cebu City]]></category>
		<category><![CDATA[Davao City]]></category>
		<category><![CDATA[De Oro City]]></category>
		<category><![CDATA[Food Safety Practices]]></category>
		<category><![CDATA[Franchise Agreement]]></category>
		<category><![CDATA[Franchise Contract]]></category>
		<category><![CDATA[Franchise Outlets]]></category>
		<category><![CDATA[Franchise Package]]></category>
		<category><![CDATA[Handling Customer Complaints]]></category>
		<category><![CDATA[Iloilo City]]></category>
		<category><![CDATA[Metro Manila]]></category>
		<category><![CDATA[Operations System]]></category>
		<category><![CDATA[Outlet Location]]></category>
		<category><![CDATA[Package Inclusions]]></category>
		<category><![CDATA[Small Wares]]></category>
		<category><![CDATA[Time Nature]]></category>
		<category><![CDATA[Time Trade]]></category>
		<category><![CDATA[Waffle Time Franchise]]></category>

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		<description><![CDATA[WAFFLE TIME FRANCHISE PACKAGE Trade Name : Waffle Time Nature of Business : Refreshment Stands, Kiosks and Counters Purpose of Business : To manufacture, process &#38; 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 [...]]]></description>
			<content:encoded><![CDATA[<p><strong>WAFFLE TIME FRANCHISE PACKAGE</strong><br />
Trade Name : Waffle Time<br />
Nature of Business : Refreshment Stands, Kiosks and Counters<br />
Purpose of Business : To manufacture, process &amp; sell waffles<br />
Package Cost : P 250,000.00 net of tax<br />
Security Deposit : P 50,000.00 – refundable upon expiration of the Franchise<br />
Agreement with no interest<br />
Monthly Service Fee : 5% of the outlet’s monthly gross sales<br />
Location : Franchisee’s Account<br />
Franchise Duration : Three (3) years<br />
Renewal Fee : P 50,000.00</p>
<p><strong>Package Inclusions:</strong><br />
1. Use of the Waffle Time Trade Name &amp; Marks<br />
a. The franchisee is given the privilege to sell Waffle Time products using the<br />
Waffle Time trade name and trademark during the duration of the franchise<br />
contract.<br />
2. Business Operations System<br />
a. The franchisee will use the business operations system developed by Waffle<br />
Time, Inc. to run its outlet smoothly and profitably.<br />
b. The business operations systems include:<br />
i. Outlet operation – furniture, equipments &amp; tools, procedures, products,<br />
quality standards, food safety practices, workplace safety and handling<br />
customer complaints<br />
ii. Outlet accounting – daily sales report, inventories, P&amp;L statement format<br />
c. Initial training of franchisee’s prospective personnel and the franchisee is free of<br />
charge; additional training of the franchisee’s personnel is for the franchisee’s<br />
account.<br />
3. Mobilization Set-up<br />
a. Within the six cities where Waffle Time head office is located (Dagupan, Metro<br />
Manila, Iloilo City, Cebu City, Cagayan de Oro City and Davao City), as<br />
franchisor, Waffle Time, Inc. delivers cart, equipment and small wares to the<br />
franchisee’s outlet location free of charge.<br />
b. For franchise outlets located outside the cities where Waffle Time head office,<br />
delivery of cart, equipment and small wares to the franchised outlet is on the<br />
account of the franchisee.<br />
c. Setting up of carts follows the above condition.<br />
4. Cart and Signage<br />
a. A well-designed and attractively made brand new cart is provided to the<br />
franchisee. This includes the familiar Waffle Time signage.<br />
b. All our carts are thoroughly inspected for quality workmanship before shipped<br />
out.<br />
5. Equipment and Small Wares<br />
a. The franchise comes with waffle baker, food warmer and small wares needed for<br />
preparing waffles.<br />
b. Refrigerator used for storage of fillings is for the franchisee’s account.<br />
c. Ice tea dispenser is on loan and will be returned upon expiration of the franchise<br />
agreement.<br />
6. Marketing Support<br />
a. Marketing collaterals, which include two (2) specially designed streamers and<br />
bundles of flyers, are provided for free to the franchisee before opening.<br />
b. These specially designed marketing collaterals bring awareness and help promote<br />
business in new areas.<br />
c. Design consultancy and conceptualization for customized marketing stuff are for<br />
free. However, additional and customized marketing stuff are for franchisee’s<br />
account.<br />
7. Operational and Technical Support<br />
a. In line with our never-ending drive to provide our customers with the highest<br />
possible quality products and services, regular and periodic outlet quality<br />
compliance audits are conducted by well-trained Waffle Time supervisors.<br />
b. Not only the Waffle Time supervisors do quality audits, they also determine the<br />
specific needs of each outlet and address problems that may arise from day-to-day<br />
operations.<br />
c. Waffle Time continuous research and development efforts aims to upgrade and to<br />
improve both the products and waffle business.<br />
Supplies:<br />
o To control the quality of the product, all supplies are purchased from the nearest Waffle<br />
Time commissary.<br />
o These supplies include all raw materials used in product preparation and all packaging<br />
materials.<br />
o Supplies purchased at Waffle Time commissary are for Franchisee’s account and paid<br />
with a 5-day PDC on the same day the order is picked up.<br />
Contract Duration: Three (3) years upon signing of contract<br />
o Franchise agreement between Waffle Time, Inc and its franchisee is valid for a period of<br />
three years upon signing of contract.<br />
o Franchisee may renew the agreement upon mutual agreement with the franchisor on the<br />
same terms and conditions as the first contract.<br />
o Franchisor reserves the right to terminate a franchise agreement before expiration should<br />
the franchisee is found to be in violation of the stipulations of the Franchise Agreement.<br />
Other Franchise Expenditures:<br />
o Cost of site improvements or renovations<br />
o Site security deposits, rentals and other advance payments<br />
o Cost of business/government permits &amp; licenses<br />
o Training allowance or salary of prospective crews<br />
o Utilities – electricity/power, water, etc.</p>
<p><strong>Procedure for application:</strong><br />
1. Submit application to the Franchise Officer or Area Manager.<br />
o Franchise Application Form with 2pcs 2&#215;2 picture<br />
o Sketch map of proposed outlet location<br />
o Letter of Intent<br />
2. One-on-one Interview with Franchise Officer or Area manager.<br />
3. Attend scheduled franchise orientation.<br />
4. Franchise applicant will be given a maximum of ten days to submit the site evaluation<br />
report.<br />
5. On the 10th day, the following documents will be submitted together with the Site<br />
evaluation report:<br />
o NBI clearance<br />
o Police clearance<br />
o Court clearance<br />
o Authority to check bank account<br />
o Processing fee of P5,000.00<br />
6. Review and Signing of Agreement<br />
7. Payment of 50% franchise fee.<br />
8. Training / Orientation on Outlet Operations of both franchisees and their prospective<br />
crews.<br />
9. Full payment of franchise fee, security deposit and initial stocks.<br />
o P5, 000.00 processing fee is deductible from the total franchise package cost; but is<br />
non-refundable in the event that the application is not granted by the company for<br />
whatever reasons.<br />
10. Grand opening of franchise outlet.</p>
<blockquote><p><strong>Waffle Time Contact Person</strong></p>
<p>Catherine Joy T. Palencia<br />
Franchise Officer<br />
Mobile Phone # 09209622389<br />
Tel. no. 550-6569<br />
Fax no. 552-9208<br />
www.waffletime.com<br />
E-mail catherine@waffletime.com</p></blockquote>
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