FRANCHISING
For further inquiries and to follow up your applications feel free to contact our Franchising Team at 0917-714-2083 / 0920-676-1969 or [email protected]
frequently asked questions
Q: What/How is your assistance in terms of location?
A: Scouting for feasible locations is care of the applicant. Our assistance is currently limited to assessing the proposed site for approval.
Q: WHAT IS YOUR MINIMUM REQUIRED SPACE?
A: Required space should at least measure 4 Square Meters with a minimum frontage of 2 Meters to have enough working space!
Q: ON AVERAGE, HOW LONG IS YOUR ROI (RETURN OF INVESTMENT)?
A: ROI takes 12 to 18 months.
Q: WHAT IS YOUR COST OF GOODS SOLD?
A: On average, our COGS is 52%; the remaining 48% is your Gross Margin. Net Income will vary on your Operational Expenses!
Q: WHAT ARE YOUR MODES OF PAYMENT?
A: It should be paid in full during contract signing by either cash or check. If you choose a credit card, there will be an additional service charge of 3.50%. On-line Payment or Bank Transfer is also accepted but for one-time payment only.
Q: HOW LONG IS THE AVERAGE TURNAROUND TIME FROM APPLICATION TO APPROVAL? (SIGNING TO OPENING)
A: On average, after completing the requirements, we can open as fast as 30 to 60 Days!
Q: HOW MUCH IS THE RENEWAL FEE?
A: The renewal fee is 50% of the prevailing Franchise Fee. The current Franchise Fee is P150,000. You must pay P75,000 to renew it for the following terms or another 5 years.
Q: SHOULD I BE A CORPORATE EMPLOYEE TO FRANCHISE?
A: Definitely not! You may apply as a sole proprietor, partnership, or corporation.
Q: Does Potato Corner charge royalty?
A: No.
