Danny’s Grill Foods Corporation is now ready to share their success through their franchise offering with the following details :
The franchise term is for a period of 5 years, renewable for 3 terms of 5 years each. The area requirement is a minimum of at least 150 sqm. to a maximum of 300 sqm.
The franchise fee is P 500,000 (due upon signing of the franchise contract) for the right to the :
use of trademark name and logos
use of menu selection, system of operations
site selection assistance and approval
transfer of technology
confidential operations manuals
training (2-4 weeks of training, applicable to pioneer team)
assistance in hiring and selection of personnel
The total franchise investment therefore may reach P 6-8 million depending on the size and location, due to cost renovation/building-up of the restaurant, equipments and other opening expenses. Payback period is 1-3 years.