Balut Eggspress

balut_eggspressBalut Eggspress serves penoy, batter-coated eggs (kwek-kwek), quail eggs (tokneneng), and the best-selling fried day-old chicks and steamed balut. Its franchiser, Jeanne E. Banez, opened her first stall at the Farmers’ Market in Cubao, Quezon City, in October 2003, but now she has four company-owned outlets and 14 franchised stalls in Metro Manila.

Banez started franchising Balut Eggspress late last year, offering it for P290,000 plus a fixed monthly royalty fee of P3,000 for product research and development. The franchise is good for three years and eight months and the fee covers the food cart and initial inventory. Franchisees must be ready to rent space at P15,000 to P18,000 a month and to pay three months’ rent in advance, and to put up two months’ security deposit and a construction bond. To get the ball rolling, applicants must submit a letter of intent, their bio-data, NBI clearance, proof of billing address, and work and financial details. “If all is well, we can come to a franchise agreement in as short as one week,” says Banez. “We deliver 350 balut, 90 penoy and 20,000 pieces of quail eggs a day. If an outlet exceeds these, we usually do another delivery within the day.”

Michelle Silvino set up her stall on market! Market! at The Fort in Taguig late last year. She recouped her initial investment in five months. Now she nets P30,000 to P40,000 each month from her stall. “I am very pleased with the way my business is doing,” she says.

For franchise inquiries contact:

Jeanne Banez
Balut Eggspress
Tel: (02) 640-0501

Basics of Franchising Balut Eggspress

Benefits of Franchising Balut Eggspress

  • There is high success rate due to its business model rather than starting from scratch.
  • Balut Eggspress is a recognized brand or trademark that can guarantee you with success.
  • Financing that may come from various sectors may be availed easily when putting up a good reputation franchise like Balut Eggspress.
  • A franchisee may also secure huge profit when success formulas are met such as low-cost supplies, proper placement, and good marketing techniques.

What to consider when franchising Balut Eggspress

1. Make sure that you really want to own this franchise and this will best fit your venture among other offered business opportunities.

2. Be certain that you can work harmoniously with Balut Eggspress franchise and it is within your interest. A visit to one of the franchise store will help you be more aware of operation and proceedings.

3. Carefully study the Terms and Condition, Franchise Agreement, and what are included in franchising Balut Eggspress.

4. Check if Balut Eggspress franchise will be compatible with the rules and regulation, as well as existing laws on chosen location.

5. Best location is one key aspect to have a successful Balut Eggspress franchise. Study the environment and see if your business suits the surroundings.

Leave a Comment