Balot Balot Franchise
The Balot Balot Franchise is a company that started humbly as a small eatery that was at a road side in the Cubao region in the Philippines. The Robles Family was the one responsible for the existence of this franchise by launching it in the year 1998. When the eatery was opened, it used to serve home cooked meals that were mainly wrapped in banana leaves. The type of food that is served by this franchise is fresh and mostly includes: 12 different viands which are normally served with either rice or beef. However, they also serve other types of dishes such as pork bistek, skinless longganisa, tapa, boneless bangus, tocino, barbecue, adobo and pork binagoongan which are all served in banana leaves that have been heated. Four years later after their launching, the Balot Balot Franchise began franchising and it is with no doubt that they have come a long way to command the respect that they deserve.
The franchise fee that is usually needed for potential franchisees that want to be part of the lucrative company ranges from P 50,000 to P 100,000. This is a very great deal that the Balot Balot Franchise offers especially when you consider exactly what it entails. The franchise package is inclusive of the following: Business name, marketing assistance, pre-opening assistance, grand opening assistance, use of the operations manuals, transfer of technology, business system, post opening assistance, recruitment of staff, training of staff and a free standard cart for the kiosk. In general, the space that is required for the kiosk should be approx. 4 square meters. The franchisor and the franchisee usually get into an agreement that lasts for 3 years which is actually the initial term. On the other hand, the royalty that is payable to the company is usually 5% of the gross sales that will be made by the franchisee.
The Balot Balot Franchise usually discuses all of the details regarding the Franchise Package and what it entails during orientation that is normally held for all the new franchisees. Expenses that include transportation and/or accommodation are usually on the franchisee part during the process of searching for provincial outlets. On that note, it is significant to understand that all of the outlets will only be put in territories that are out of the Philippines. The franchisee will also have the advantage of tapping into an existing clientele with a proven business model which as a result guarantees success.