It was 1995 in Nueva Vizcaya where everything began. “The Buko Pie” was a local delicacy that was being sold as a take-away/pasalubong to tourists at that time. Despite its appeal in terms of taste, it gradually lost traction among the province’s visitors and locals.
A lot of reasons can be attributed for its decline. However, the product; lacking it’s own identity may have been the most resounding of them all. Fast forward to 2019, it has been 6 years since it was established. Filipina Buko Pie has become a popular take-away among residents along Mother Ignacia in Quezon City. And even to people miles away from the vicinity. Mr. Lim’s trust and confidence in the product has been validated. Then came the summer of 2013, when Mr. Yarlie Lim decided to bring the product to the metro; along with “Filipina”, who was the keeper of the popular coconut pie recipe. Thus, Filipina Buko Pie was born.
It is now time for its reach to expand, up to the homes of every Filipino. “Taralets” or “Let’s go” was the call to action; hence the name “Bukulets”. The new name, its famous products, coupled with the brand’s mascot, “Kulet”, the happy kid in the logo; will bring that jolt of fun.
How to franchise Bukulet’s Buko Pie:
Franchise Package: Php180,000.00
- Limited slots are available for Mall, Terminals, School or any commercial area near you
Bukulet’s Package Inclusion:
- High End Cart / Kiosk
- Microwave Oven 23 Liters
- Warmer for Display
- Freezer
- 2 sets of Uniform
- Ribbon
- Rolling Slicer
- Starter Goods
- Marketing Materials
- 18 pcs. Plate Rack
- 100 pcs. Buko Pie Plate
- Initial Product Inventory
- Comprehensive Training
- Notarized Franchise Agreement
Contact Details of Bukulet’s Buko Pie:
5th Floor Unit 501 Pacific Corporate Center
131 West Avenue, Quezon City, Philippines
Mobile No.: (0956)750-6440
Email: [email protected]
Facebook Page (This link will open on a new window)
Basics of Franchising Bukulet’s Buko Pie
Franchising benefits
Franchisees gain access to a proven business model, established brand reputation, and ongoing support from Bukulet’s Buko Pie, 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 Bukulet’s Buko Pie is beneficial for the inverstors:
High success rate due to its business model rather than starting from scratch.
Franchising Bukulet’s Buko Pie 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.
Bukulet’s Buko Pie is a recognized brand or trademark that can bring you success.
Success is achievable for franchising recognized brands like Bukulet’s Buko Pie 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 Bukulet’s Buko Pie, 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 Bukulet’s Buko Pie 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 Bukulet’s Buko Pie
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 Bukulet’s Buko Pie 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 Bukulet’s Buko Pie.
4 Check if Bukulet’s Buko Pie 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 Bukulet’s Buko Pie franchise. Study the environment and see if your business suits the surroundings.
Successful frachising 101
Becoming a successful Bukulet’s Buko Pie 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 Bukulet’s Buko Pie franchisee.