Acquisition | Philippines Franchise

Franchise Business in 2011

Happy new year to everybody! 2010 is certainly a banner year for the franchise industry, lots of news and happenings but none can top the?headline?being the acquisition of fast food giant Jollibee Foods Corporation of bitter rival Mang Inasal for a whooping 3 billion pesos from Mr. Edgar “Injap” Sia II and he still?retains 30% ownership. Now that’s a?success?story that will inspire entrepreneurs everywhere to be the next Mang Inasal.

December 31, 2010 Franchise Business, Jollibee 0 Comments

McDonald Franchise

The financial requirements vary depending on the method of acquisition. An initial down payment is required when you purchase a new restaurant (40% of the total cost) or an existing restaurant (25% of the total cost). The down payment must come from non-borrowed personal resources, which include cash on hand; securities, bonds, and debentures; vested [...]