Ted’s Oldtimer Lapaz Batchoy

Ted’s Oldtimer La Paz Batchoy started from a humble beginning in 1945.  Conceptualized by “Teodorico Lepura” or Ted Lepura, Ted’s La Paz Batchoy  serves the “original” La Paz Batchoy to diners who love authentic La Paz Batchoy. Armed with just Ten Pesos (Php 10.00) on his hand and a working knowledge on making La Paz Batchoy from his work with a Chinese Merchant, Ted started his first 5×5 small stall which was simply made of nipa and bamboo in the public market of La Paz , Iloilo.

The only product served by Ted’s La Paz Batchoy at the time was the “original” La Paz Batchoy.  They developed other batchoy products, to meet customer’s demand for variety.  In the late 60’s new products were added such as Miswa, Batchoy, Bihon Batchoy and Sotanghon Batchoy.

Ted’s La Paz Batchoy have set the standards in the distinct La Paz Batchoy. Under the watchful eyes and pioneering efforts of the daughter of Ted’s, Mrs. Adelfa Borro, the business has grown steadily, and with the help of her husband Mr. Larry Borro, they managed a business which is now considered as one of the culinary icons of original ilonggo cuisine.  Because of Adelfa Borro, Ted’s La Paz Batchoy was able to expand in different places of Iloilo as well as in the cities of Roxas (Gaisano City), Bacolod (Robinson’s Place), and Las Pinas (SM City Southmall).

The company’s first store is still in existence up to this day. To date, Ted’s Oldtimer Lapaz Batchoy was accepting franchisees and the couple expects all franchisees to provide hands-on management  and to commit themselves to the business and its concept. They put a premium on constant communication, do spot checks to ensure that each branch is up to scratch, and invest in research and development to address the market’s changing needs.  They love managing company-owned outlets but find reward and fulfillment in franchising the business.

How to franchise Ted’s Oldtimer Lapaz Batchoy:

Initial Fee: Call

Ted’s Oldtimer Lapaz Batchoy Franchise Inclusive of:

• Use of Trade Name and Proprietary Marks
• Site Approval
• Training for Franchisee and Staff
• Procurement Program
• Marketing Assistance
• Opening Assistance
• Operations Manual
• Research and Development

Size of Franchised Outlet: At least 60 square meters
Franchise Term: 5 years

Contact Details of Ted’s Oldtimer Lapaz Batchoy:

HEAD OFFICE
2nd Floor, Arguelles Bldg., Jaro Plaza,
Jaro, Iloilo City, Philippines
Tel: (033) 320-1945
Fax: (033) 337-9817
Facebook Page (This link will open on a new window)

Basics of Franchising Ted’s Oldtimer Lapaz Batchoy

Franchising benefits

Franchisees gain access to a proven business model, established brand reputation, and ongoing support from Ted’s Oldtimer Lapaz Batchoy, 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 Ted’s Oldtimer Lapaz Batchoy is beneficial for the inverstors:

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

Franchising Ted’s Oldtimer Lapaz Batchoy 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.

Ted’s Oldtimer Lapaz Batchoy is a recognized brand or trademark that can bring you success.

Success is achievable for franchising recognized brands like Ted’s Oldtimer Lapaz Batchoy 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 Ted’s Oldtimer Lapaz Batchoy, 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 Ted’s Oldtimer Lapaz Batchoy 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 Ted’s Oldtimer Lapaz Batchoy

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 Ted’s Oldtimer Lapaz Batchoy 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 Ted’s Oldtimer Lapaz Batchoy.

4 Check if Ted’s Oldtimer Lapaz Batchoy 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 Ted’s Oldtimer Lapaz Batchoy franchise. Study the environment and see if your business suits the surroundings.

Successful frachising 101

Becoming a successful Ted’s Oldtimer Lapaz Batchoy 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 Ted’s Oldtimer Lapaz Batchoy franchisee.