Jollibee is a well-known and popular fast-food chain in the Philippines and other nations. Many people enjoy the delectable and savory foods on their menus.
If you want to open Jollibee Franchise, here’s what you need to know. This information will help you understand how to franchise and how much it costs to own a franchise.
About The Jollibee Franchise
Jollibee is the Philippines’ most prominent fast food business, with more than 900 locations throughout the country.
The Philippines’ undisputed market leader, Jollibee, has begun an aggressive international development plan with more than 100 global locations.
History Of Jollibee Franchise
Jollibee is the flagship restaurant of Jollibee Foods Corp. (JFC), an international fast food restaurant business with headquarters in Pasig City, Philippines.
Surprisingly, Jollibee did not begin as a fried chicken or hamburger restaurant.
Tony Tan Caktiong, the company’s founder, first launched a Magnolia Ice Cream parlor in Cubao, Quezon City, in 1978.
After noticing that his customers were clamoring for hotdogs, hamburgers, and rice meals after a few years of business, he decided to shift his focus from ice cream to hotdogs, hamburgers, and rice meals.
Jollibee quickly expanded by acquiring category leaders (pizza), Red Ribbon cakes and pastries, and Chinese fast food.
In 2015, it began buying shares in Smash Burger, a burger firm based in the United States, and completed the purchase in 2018.
JFC also secured the right to run the Tim Ho Wan franchise throughout Asia-Pacific in 2018.
In 2019, it astonished the world by announcing the 100 percent acquisition of the American coffee chain Coffee Bean & Tea Leaf (CBTL).
Jollibee Franchise Model
|Initial Investment||$450,000 – $800,000|
A Jollibee franchisee Must Meet The Following Requirements:
- A self-motivated entrepreneur
- Must-Know how to inspire the team
- Willing to commit time to oversee his restaurant’s day-to-day operations;
- Willing to participate in full-time restaurant operations training;
- Capacity to fund the required investment.
Benefits Of Owning A Jollibee Franchise
Jollibee is a well-known brand: people of all ages, particularly in the Philippines, grew up knowing and loving the taste of Jollibee products.
People continue to support the brand until they grow up because of its taste and affordability, making it one of the largest food chains, rivaling other internationally acclaimed fast-food chains.
What Is The Process For Applying For A Jollibee Franchise?
- The Jollibee Franchise Application Form can be downloaded and printed.
- Please ensure that the form fill.
- Prepare a proposal that includes the following materials.
- Letter of Intent – contains the exact address of your proposed site, as well as your mailing address, phone numbers, and other pertinent information.
- Our field personnel who will go there and conduct an on-site examination will be guided by a proximity map of the proposed site.
- A detailed résumé or bio-data is required.
What Do You Get In Exchange?
This substantial investment includes the following:
- Kitchen equipment and facilities
- Fixtures and furniture
- Heating and cooling systems
- Store constructing
Payback Period & Return on Investment
According to Jollibee, restaurant profitability determines by several criteria, including sales, market potential, investment, and the franchisee’s ability to control operating costs.
Once Jollibee has approved the application, specifics about the investment cost, return on investment, and other details will be shared with the applicant.
Frequently Asked Questions
Is Jollibee willing to finance the franchise?
No. Jollibee does not offer any financial assistance.
Can I apply for a franchise if I don't have a site or a location?
Yes, you can still apply; however, Jollibee will only process applicants who have filed for a site.
What is the duration of the training program?
A three-month full-time Basic Operations Training Program (BOTP) at a certified training store is needed of the franchisee.
Amit Gupta is the founder of DrFranchises. He has a keen interest in investments, and has thus far invested in a few franchises. Franchise businesses are his forte- he knows all there is to know about their space requirements, fees, ROI potential, and business models. This makes him an ideal candidate for anyone looking to invest in a franchise