Thriving Comfort Food Franchise in Nationwide LocationsListing: #OR00460
About this Business for sale in Metro ManilaThriving Comfort Food Franchise in Nationwide Locations
This attractive brand of restaurant franchise business is about giving customers happiness. Recipes are simply about giving customers a sense of joy.
Own this business as the franchisor of a chain of boutique restaurants and be the giver of unique and delightful experiences in food, offering simple yet appetizing variety of choices, the kind of food selection that will drive your customers to keep coming back.
Historically, business was founded in 2011 and acquired by existing owners in 2016. When acquired there were around 20+ stores. The current franchisor-owner has turned the business around and made it consistently profitable for about a year after acquisition growing to 70 stores. The covid situation affected the business now has more than 40 stores.
Because of this historical success, new owner can creatively launch this business under new management with great opportunity to introduce new menus. New unique ideas for drinks can be added to the already bestseller drinks and meals. The restaurants are known to offer a wide array of premium blends and fresh-brewed tea-based drinks that can best go with the mouth-watering meals. The owners aim to achieve world-class food and beverages satisfy the customers. Staff are trained to adhere to the company’s core values and very much into character-building resulting to an attitude of being respectful, always smiling and welcoming to customers.
The company adheres to food safety standards ensuring that the food and beverages they serve are clean and safe.
The brand has strong social media presence with celebrity endorsers but because of the covid situation, this endorsements are temporarily on hold. Franchisees are present in Metro Manila, North and South Luzon, the Visayas and Mindanao.
Target market are young professionals, millennials, private schools and universities covering lower B, C, D markets.
The company is a member of the Philippine Franchise Association. Franchisor/Owner
is willing to train and guide the buyer for an agreed period, showing the way towards sourcing ingredients from the best suppliers in terms of quality and cost.
(Note: The number of stores is fluctuating, some close, new ones added during the current pandemic situation.)
Reason for selling: Owner is cashing in and covid situation hastened the decision.
Make an offer now.
Joji Upano +63 917 1826123/ Maria Morris +63 995 302 0286
+63 2 7900 8000
+63 917 182 6123
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.