Ultra Mega Multi-Sales started its humble beginnings 37 years ago under the name LBT Trading (and then later changing to CPT Trading), hawking cosmetics and school supplies to the masses in the busy streets of Binondo, Manila. The business saw itself grow by sheer determination and years later, expanded to what is now known as Ultra Mega.
In 1996, such expansion meant the rise of a 1.5 hectare retail and distribution hub in Muntinlupa City. More advances came later, enabling Ultra Mega to build three more retail and distribution centers. These are the 2 hectare complex in Baliuag, Bulacan built in 1998, the 2, 500 sq. m. center in Antipolo City in 2004 and the newly built branch in Balagtas, Bulacan. It does all these to meet the demands of a growing and thrift-sensitive market. The once lowly cosmetics and school supplies vendor has now evolved into an industry giant in retail and distribution. Ultra Mega has gone a long way and nothing’s holding it back for more successes.
VISION:
Ultra Mega seeks to improve lives by creating jobs and business opportunities for many Filipinos. To suppliers, it lives up to it’s deal by offering well-organized and productive service. To customers, by being the store that offers profitability through competitive pricing and extra value for shopping.
MISSION:
Ultra Mega strives to be the lowest priced wholesale and retail store chain in the country. It continues to be the preferred wholesaler, offering a wide selection of items under budget-stretching options to suit customer’s needs. To suppliers, it markets itself like a business associate. It looks out for them by offering wide distribution coverage, better distribution deals and faster sales movement.
How to franchise Ultra Mega:
Be your own Boss! Open your own Ultra Mega Value Mart! Be our partner to success and be a part of a fast growing business.
The Ultra Mega Value Mart is a micro-store concept by Ultra Mega Multi Sales. It is a brand new retail franchise concept that can be best described as a cross between a convenience store and a grocery. At 40 to 60 square meters, it has the sizing of the average convenience store but maximizes value by carrying a wider range of products. The likes of which, one would typically find at your nearest grocery store all the while maintaining incredible price points that beat out any small store format of a grocery or convenience store franchise. It’s fueled by the Ultra Mega retail system, integrating it fully into our retail operations through logistics support, promotional efforts, pricing development, advertising and marketing initiatives and the like, ensuring that the Value Marts are unified in presence, efficient in operation while personalized in execution.
Ultra Mega takes its business partners by the hand with a business model that is designed to be both profitable and rewarding, not just for their partners but for the community where it is located.
Contact Details of Ultra Mega:
ULTRA MEGA MULTI-SALES
888 Brgy. Tunasan, National Hi-way,
Muntinlupa City, Philippines
Telephone No.: (02) 8862-0031
Mobile: (0917)989-4512; (0922)877-1577
Email: [email protected]
Facebook Page: www.facebook.com/ultramegawholesale
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Basics of Franchising Ultra Mega Value Mart
Franchising benefits
Franchisees gain access to a proven business model, established brand reputation, and ongoing support from Ultra Mega Value Mart, 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 Ultra Mega Value Mart is beneficial for the inverstors:
High success rate due to its business model rather than starting from scratch.
Franchising Ultra Mega Value Mart 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.
Ultra Mega Value Mart is a recognized brand or trademark that can bring you success.
Success is achievable for franchising recognized brands like Ultra Mega Value Mart 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 Ultra Mega Value Mart, 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 Ultra Mega Value Mart 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 Ultra Mega Value Mart
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 Ultra Mega Value Mart 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 Ultra Mega Value Mart.
4 Check if Ultra Mega Value Mart 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 Ultra Mega Value Mart franchise. Study the environment and see if your business suits the surroundings.
Successful frachising 101
Becoming a successful Ultra Mega Value Mart 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 Ultra Mega Value Mart franchisee.