In this fast paced life that we have, we tend to rely on fast food to keep up with our busy schedule. Come to think of it, after eating such we still feel hungry after few minutes and we never seem to be satisfied. Nothing really beats home cooked meal! What if I tell you, that you can enjoy the goodness of home cooked meal and still keep up with your fast paced lifestyle? Yes, you can with Binalot! Binalot gives you the goodness of a home cooked meal minus the preservatives that you can consume by eating fast food. With Binalot, you can get your meal in a jiffy just like in a fast food chain but with the goodness of a complete meal deliciously wrapped in banana leaf. What makes it more exciting is that Binalot is open for franchising.
Company Background
Binalot implies “wrapped” in Filipino, just like the word itself, the dish is literally wrapped in banana leaves. The Binalot menu is made out of diverse most adored dishes like bistek, tocino, adobo, tapa, and longganisa among others served on top of steaming hot rice. In addition, the dish is brightened with enticing sidings of salted egg and fresh tomato.
Binalot is set up and promoted by Binalot Fiesta Foods Incorporated which is a Philippine based company established in 1996 driven by its creative President Rommel T. Juan.
The thought progresses the customary system for acknowledging all that much valued Pinoy dish and a Fiesta atmosphere that every Filipino can be associated with. The product offering of Binalot is an assortment of luscious Filipino delicacy that speaks to the gastronomical miracles of the hungry by stander or even in shopping centers or in any high pedestrian activity area it has.
Binalot Fiesta Foods, Inc. has made great association with its franchisee that makes Binalot blasting in the business. They have great bolster and are working as one for the advantage of franchisor, franchisee and the clients, including giving guidance and administration to them. The organization deals with their outlets and they additionally take great consideration of their franchisees. Dealing with the franchisee – franchisor relationship and supporting in business makes the brand effective and always developing. Binalot has the most minimal franchise amount worth 1.9M relying upon the extent of store. To top it all, Binalot is additionally the main franchising brand that gives Company Supervision Scheme to occupied professionals who can’t actually handle the business themselves.
Binalot Franchise Application Procedure
Step 1: The franchise applicant needs to secure the following: Letter of Intent, Sketch map of the target location and detailed resume of the franchise applicant.
Step 2: Orientation for the franchise applicant comes next and after which the Business Development Officer will hand an application form.
Step 3: Upon furnishing the application form, the franchisor representative will conduct a preliminary interview. A list of proposed locations will also be provided to the franchise applicant.
Step 4: Final projections and estimations of investments will be given by the business development officer.
Step 5: The last but not the least, the contract signing of the franchise agreement and the memorandum of agreement.
The Franchise Package Inclusions
- Use of the trade name and logo
- Use of business operations systems
- Mobilization Set-up, Construction & Signage.
- Marketing Support
- Operational & Technical Support
- Opening Assistance and promos
- Banners and streamers
- Leaflets
- Giveaways
- Initial stocks worth Php 50, 000.00
- Opening Team which is provided by the company with a Supervisor and 2 service crew who will be on duty on your outlet for two weeks.
- Training for the staff with a maximum of five crew.
Binalot Franchise Packages
Binalot Express package
Franchise Fee: Mega Manila: Php 600,000.00, Provincial: Php 700,000.00
Contract Term: 6 years
Estimated Total Investment: Php 1 Million – 1.2 Million (Inclusive of Franchise fee)
Space Requirement: 6 – 10 sqm
In line “Kiosk”
Franchise Fee: For Mega Manila: Php 600,000.00, Provincial: Php 700,000.00
Contract Term: 6 years
Estimated Total Investment: Php 2.5 Million – 2.8 Million (Inclusive of Franchise fee)
Space Requirement: 15 – 25 sqm
In line “Stall”
Franchise Fee: For Mega Manila: Php 600,000.00, Provincial: Php 700,000.00
Contract Term: 6 years
Estimated Total Investment: Php 2.8 Million – 3.5 Million (Inclusive of Franchise fee)
Space Requirement: 25 – 95 sqm
Store Type
Franchise Fee: For Mega Manila: Php 600,000.00, Provincial: Php 700,000.00
Contract Term: 6 years
Estimated Total Investment: Php 3.5 Million – 3.9 Million (Inclusive of Franchise fee)
Space Requirement: 95 – 150 sqm
Other Costs or Additional charges
Reservation fee: Php 40,000 (provincial) and Php 20,000 (Metro Manila)
30 day reservation of the proposed location, this is deductible from the franchise fee
Royalty Fee: 5% of the gross sales of the month
Marketing Support Fee: 2% of the gross sales of the month
Renewal Fee: 50% of the current franchise fee (after 6yrs)
Contact Details
For more details or clarification, feel free to reach Binalot in any of the contact points below:
The Business Development Department
BINALOT FIESTA FOODS INCORPORATED
3686 BUJ Building, Sun Valley Drive
Sun Valley Subdivision, West Service Road
Parañaque City, Philippines 1700
T: +63 2 824 1111 | T/F: +63 2 822 6483 | M: +63 932 844 1807
E: ilovebinalot@gmail.com
www.binalot.com
Pwede po b gives ang bayad