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- Who will provide the manpower to operate the store?.
- Other questions on financial viability will be discussed once the site is approved. The ROI depends on several factors such as sales, market potential, investment and ability of the Franchisee to manage the overall operations of the store.
- How long is the Return on Investment (ROI)?.
- Additional training and support are provided on a case-to-case basis. This includes blended learning methodology such as classroom sessions and store immersion to reinforce the learning process. The Franchisee and franchisee’s store team are required to successfully complete the Basic Operations Training Program (BOTP) at a designated duration and training store.
- What type of training is available to a franchisee prior to opening of the bakeshop?.
- The initial Set-up fee is Php 600,000.00 (12% VAT excluded) and required upon receipt of the Franchise Grant.
- How much is your Initial Set-up Fee and when do you require it to be paid?.
- Royalty Fee is 7% and Advertising Fee is 3% of monthly of gross sales.
- How much is the Royalty and Advertising Fee?.
- How long is the life of the franchise term?.
- The capital needed ranges from P 5M to P 6M, depending on the final store size and facilities.
- How much capitalization is required to franchise a Red Ribbon Bakeshop?.
- Can I still apply if I don’t have a proposed site for a store?Ī proposed site is a requirement in applying fo a Red Ribbon franchise.
- Accomplished Red Ribbon Application Forms through the Online Franchise Application Portal ( ).
- Proposed site should be at least 50 sqm.
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Dimension and layout of the site in sqm.Location map of proposed site (online maps are preferred).Vicinity Map of Proposed Site (include building perspective if available).Letter of Intent (indicate exact address of proposed site).The applicant is required to submit the following:
What are the requirements in applying for a Red Ribbon franchise?.