Go nuts donuts franchise
Here is one company i have red in a magazine. Go Nuts Donuts yeah you red the name right, you will go nuts with there donuts. I hope i can taste one soon. Im too far from Manila but ill wait when my cousin goes back here to bring the donuts. So if any one would like to know there history just read this. Ill find other article related to their business.
They started selling there insanely delicious donuts back in December 2003, and they have grown to 14 company stores in Metro Manila and 1 franchise store in Metro Cebu in just 2 1/2 years!!! lucky owners. With plans to open an additional 15 Go Nuts Donuts stores this year, the Go Nuts Donuts Franchise Program is now in full swing and ready to partner up with potential franchises to develop the brand in multiple areas of the Philippines and throughout the world. Make money offline with donuts.
Via franchising, Go Nuts Donuts has already been able to expand its insanity to the shores of Cebu and Pampanga in May 2006! and they are so proud to have a first ever international franchise of Go Nuts Donuts that open its store in the Al-Bahar shopping center in Kuwait City, Kuwait last June 2006.
Types of Franchise Packages (from there website)
1. Unit Franchise Agreement (UFA) Package 1 – Cart/Kiosk
· Ideal floor size: 4 sqm
· Franchise Package: P600,000.00 plus VAT
o Franchise Fee of P300,000.00 plus VAT
o Capital Investments: P300,000.00 plus VAT
· Ideal Locations: Malls, Supermarkets, Bus Terminals, Office Buildings, Hospitals, Airports/Ports, Schools
2. Unit Franchise Agreement (UFA) Package 2 – Built-up Store
· Ideal floor size: 10-35 sqm
· Franchise Fee of P500,000.00 (exclusive of VAT)
· Capital Investments: P650,000.00-P1,500,000.00
· Ideal Locations: Malls, Supermarkets, Bus Terminals, Office Buildings, Hospitals, Airports/Ports, Schools
3. Area Development Agreement (ADA)
· Ideal package for provincial franchisees
· Store build-out requirements: 3 (minimum)
· Capital Investments: P10,000,000.00 – P20,000,000.00
· Priority Areas for ADAs: Davao, Cagayan, Bacolod, Iloilo, South Luzon (Batangas Area), and North Luzon (Baguio)
· Ideal Locations: Malls, Supermarkets, Bus Terminals, Office Buildings, Hospitals, Airports/Ports, Schools
Franchising: FAQ's 1. What is our Franchise Term? 2. What is our Royalty Fee? 3. Are franchise contracts renewable? 4. Do you provide training for our crew members? 5. Who sources out our manpower? 6. How do our operations go on a daily basis? 7. Will the franchisor offer assistance during our opening?
Our franchise term is 4 years for Unit Franchise Agreement (UFA) Package 1 and 5 years for Unit Franchise Agreement (UFA) Package 2 and the Area Development Agreement (ADA). Our Royalty fee is 8% on Gross Sales. Yes, all our franchise contracts are renewable upon mutual agreement. Yes, we do. Depending on the position, we provide training programs anywhere from 2 weeks to 1 month. Ideally, the franchisee should source out their crew members. We do offer though assistance to franchisees through our HR department. All operational procedures and guidelines will be discussed during the franchisee’s training period. Guidance and support will be given by our Marketing department for all store opening. Operational assistance will also be given for the first 7 days.
8. What is my Return on investment for the franchise? 9. Where do I send my requirements? We do not guarantee a specific ROI because there are numerous variables that are taken into consideration when computing for ROI, such as location, store type and operational efficiency.
Contact
Doughnut People, Inc.
5/F Filia Corporate Center
4347 Valdez Street, Makati City
Tel: 757-4440, Fax: 896-8371
E-Mail: franchise@gonutsdonuts.com
Web: www.gonutsdonuts.net
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