Tin Hao Dimsum

Bypinoyentre

Sep 8, 2009

Tin Hao DimsumTin Hao Dimsum was first established year 2001 in Manila, Philippines, but it was started in  Vancouver, BC Canada in 1988.  When a young married couple decided to pack their bags and set out for Canada where they acquired a small bakery serving both Asian and European baked goods and pastries. Due to the couple’s passion for great tasting food, superb quality and customer service, the bakery was able to attract and grow a loyal following of customers. One product in particular stood out, the Chinese steamed meat buns or “Siopao” which was enjoyed and praised by people of all ages and ethnicities in the city of Vancouver.

Realizing the market potential in the Philippines for delicious and healthy steamed buns, during a short visit the couple took another entrepreneurial leap and set forth to introduce its flagship product in the Philippine market. In 1995, the couple established EST Dimsum Master Food Company and the steamed meat buns were initially distributed through a major convenient store chain that dotted Metropolitan Manila for the first 6 years before venturing out into the branded food retail business.

To date, Tin Hao Dimsum has grown to over 40 stores and has expanded its product line to offer a wide range of dimsum and other Chinese delicacies.

How to Franchise Tin Hao Dimsum:

The TIN HAO DIMSUM Franchise Package

  • Franchise Fee
  • Construction of store (stalls, kiosks, in-line formats)
  • 8 cubic feet Upright Freezer
  • Automatic Deep Fryer
  • 30-cup Rice Cooker
  • Heavy-duty Imported Dimsum Steamer
  • Stove
  • Microwave
  • Kitchen Utensils
  • Cashiering Supplies
  • Cleaning Supplies
  • 1 week’s worth of Service Crew Training for 2 employees
  • Employee Uniforms

TO BE A FRANCHISEE, PLEASE PROVIDE THE FOLLOWING:

  • Applicant’s Name and Contact Number
  • Address of Desired Location for Tin Hao Dimsum
  • Rental rates and terms of lease
  • Preferred meeting date and time with Tin Hao Dimsum Franchise representative
  • Please forward the above information via e-mail to [email protected].

Note: The Franchise Agreement is good for 5 years and is non-refundable. Franchisees in good standing can renew the Tin Hao Dimsum franchise but is subject to approval of Management.

Why Franchise TIN HAO DIMSUM?

  • NO ROYALTY FEES
  • Complete Product Line – (Dimsum, Rice Meals, Drinks and Dessert)
  • Proven Business Formula – 25 years in food manufacturing/retailing
  • Low start-up costs
  • Easy to operate – Minimal cooking required
  • Low space requirement (between 3 sqm to 20 sqm)
  • Ongoing operational assistance from head office
  • Full training prior to operation

Contact Details of Tin Hao Dimsum:

Mobile: (0917)890-5121
E-mail: [email protected]
or [email protected]
Website: www.tinhaodimsum.com
Facebook Page (This link will open on a new window)

Basics of Franchising Tin Hao Dimsum

Franchising benefits

Franchisees gain access to a proven business model, established brand reputation, and ongoing support from Tin Hao Dimsum, reducing the risks associated with starting a new business. They benefit from collective advertising and marketing efforts conducted by the franchisor, which can result in increased customer traffic and sales. Franchisees also have the opportunity to tap into the training and operational resources provided by the franchisor, enhancing their chances of success and profitability. Below are just a few pointers why franchising Tin Hao Dimsum is beneficial for the inverstors:

High success rate due to its business model rather than starting from scratch.

Franchising Tin Hao Dimsum offers the advantage of tapping into an established reputation and customer base, which can significantly reduce the time and effort required to build brand recognition. Additionally, franchisors typically provide comprehensive training, ongoing support, and proven business models, mitigating many of the risks associated with starting a new venture.

Franchisees benefit from economies of scale in purchasing, marketing, and operational support, which can lead to cost efficiencies and improved profitability.

Overall, franchising offers a structured pathway to entrepreneurship with a higher likelihood of success compared to launching a new brand independently.

Tin Hao Dimsum is a recognized brand or trademark that can bring you success.

Success is achievable for franchising recognized brands like Tin Hao Dimsum due to their established reputation, which can attract customers more readily and build trust faster than starting a new brand. Franchisees benefit from proven business models, operational support, and marketing strategies provided by Tin Hao Dimsum, reducing the risks associated with independent entrepreneurship.

Additionally, being part of a well-known brand network offers access to economies of scale, collective marketing efforts, and a support system among fellow franchisees, enhancing the likelihood of success.

Availing financing from various sectors is highly likely due to a good brand reputation.

Financing is often more readily available when franchising a reputable brand due to several factors. Banks and lenders are typically more willing to provide loans to franchisees of established brands because they have a proven track record of success and lower risk compared to new, unproven businesses.

Additionally, franchisors may have relationships with financial institutions or offer financing options themselves, making it easier for franchisees to secure funding. The recognizable brand name and business model of Tin Hao Dimsum also provide a level of security for lenders, increasing the likelihood of loan approval and favorable terms for franchisees.

Formula for success that a franchisor may provide.

Low-cost supplies and efficient supply chain management contribute to higher profit margins for franchisees by reducing the cost of goods sold. Effective marketing increases brand visibility and customer traffic, leading to increased sales and revenue. A prime location maximizes foot traffic and accessibility, further enhancing the franchisee's revenue potential and profitability.

5 things to consider when franchising Tin Hao Dimsum

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 Tin Hao Dimsum 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 Tin Hao Dimsum.

4 Check if Tin Hao Dimsum 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 Tin Hao Dimsum franchise. Study the environment and see if your business suits the surroundings.

Successful frachising 101

Becoming a successful Tin Hao Dimsum franchisee requires a combination of strategic planning, dedication, and hard work. Here are some steps you can take to increase your chances of success:

Research

Start by researching various franchise opportunities to find one that aligns with your interests, skills, and financial resources. Look for franchises with a proven track record of success, strong brand recognition, and a supportive franchisor.

Understand the Franchise Agreement

Carefully review the franchise agreement, including all terms, fees, and obligations. Make sure you fully understand the expectations and requirements of being a franchisee.

Financial Planning

Evaluate your financial situation and determine how much capital you have available for investment. Consider not only the initial franchise fee but also ongoing expenses such as royalties, marketing fees, and operational costs.

Training and Support

Choose a franchise that offers comprehensive training and ongoing support to franchisees. Take advantage of all training programs provided by the franchisor to learn the ins and outs of the business.

Location Selection

If the franchise involves a physical location, carefully choose the location for your business. Consider factors such as foot traffic, demographics, competition, and lease terms.

Follow the System

One of the benefits of franchising is that you're buying into a proven business model. Follow the franchisor's system and guidelines closely to increase your chances of success.

Provide Excellent Customer Service

Focus on providing excellent customer service to build a loyal customer base. Happy customers are more likely to return and recommend your business to others.

Marketing and Promotion

Take advantage of the marketing support provided by the franchisor, but also be proactive in promoting your business locally. Utilize social media, local advertising, and community events to attract customers.

Manage Finances Wisely

Keep track of your finances closely and manage expenses efficiently. Monitor your cash flow, budget carefully, and seek professional advice if needed.

Adapt and Innovate

Be willing to adapt to changing market conditions and customer preferences. Look for opportunities to innovate and differentiate your business from competitors.

Network with Other Franchisees

Connect with other franchisees within the same system or industry to share insights, experiences, and best practices. Networking with fellow franchisees can provide valuable support and advice.

Stay Committed

Building a successful franchise takes time and effort. Stay committed to your business, remain focused on your goals, and be prepared to overcome challenges along the way.

By following these methods and staying dedicated to your business, you can increase your chances of becoming a successful Tin Hao Dimsum franchisee.

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