FRANCHISING
For further inquiries and to follow up your applications feel free to contact our International Market Group at [email protected] or (02) 7310-0051
frequently asked questions
Q: How can I franchise Potato Corner in my country?
A: Potato Corner is open to applications for franchise rights for the international market! There is an application and evaluation process for each territory.
Q: What are the available franchising options?
Phase 1
A. Entry Level Package*
• Based on a 3-store development plan with corresponding franchise fees for the said stores
• After opening 3 stores, you may be given the option to apply for the exclusivity rights for the entire territory with revised terms and conditions.
*This is subject to specific country franchise regulations.
Phase 2
B. Master Franchise Agreement
• Exclusive rights for a territory
• Development plan for the territory for the next 5-10 years to be presented by the Applicant
• The Franchisor (Potato Corner) hands over the control of the franchising activities in a specified territory.
Q: How much is the cost of a franchise?
A: The Franchise Fee starts at *USD 40,000 for a 3-store package!
**Franchise fees may vary per territory.
***Note that the Capital Requirement for the Potato Corner International Franchisee must include the Franchise fee and 3-store capital investment
Q: How much is the initial investment per store?
A: The typical investment for an international Potato Corner store model starts at *USD $70,000.00 per store, depending on the territory.
* Note that these are indicative figures.
Breakdown of initial investment includes store design, ventless fryer equipment and small wares, construction and setup of store, permits and other government requirements.
** Prices may vary during the actual processing of application. The applicant will undertake his/her own study on the setup costs based on the mall requirements, government and health requirements, and the market environment of the territory being applied for.
Q: What are the other costs I should consider?
A: Please take note of the following:
• Legal Fees
• Leasing Fees
• Translation Fees (when applicable)
• Food Authority (or similar agencies)-related Fees (when applicable)
• Customs / Importation Brokerage Fees
• Local Marketing
• Hiring of Staff
• Other costs / fees related to local regulations and laws
Q: What are the requirements for a global franchise applicant?
Phase 1: APPLICANT INFORMATION
INDIVIDUAL
• Letter of Intent (LOI)
• Application Form (to be provided by Potato Corner)
• Non-disclosure Agreement (to be provided by Potato Corner)
• Curriculum Vitae (CV)
• Copy of passport
COMPANY
• Letter of Intent (LOI)
• Application Form (to be provided by Potato Corner)
• Non-disclosure Agreement (to be provided by Potato Corner)
• Company Profile
• Organizational Structure
BOTH
The requested documents will aid us in the evaluation of your application. Should you wish to proceed with your application, kindly submit all Phase 1 requirements and Letter of Intent stating how you have come to know about Potato Corner, a brief background of yourself, and the territory you wish to apply for. Please email the requirements to [email protected]
