In early 2000, the company’s founders, passionate in bringing to the country the latest and innovative tech brands to consumers, established their first telecoms retail store in one of the premier malls here in the Philippines, Tabs Telecom. As an answer to the ever-changing need of the market, the founders came up with the idea offering huge selection of premium gadgets and accessories at a fair price in a single store. Urban Gadgets was incorporated and first opened its door in Arcadia, Paseo de Sta. Rosa.
Now with three (3) branches, primarily catering to the upwardly mobile, adventurous and technology driven enthusiasts, the company puts great value in offering only the best premium and original products. Its product portfolio is more persuasive than ever, comprising everything from action outdoor cameras and its accessories, multi media speakers, camera gimbals, mobile phone outdoor accessories to travel essentials. Our product line-up includes DJI, GoPro, Insta360, Bose, QDos, Cygnett, Ventev, Transcend Dashcams, JBL, and Klean Kanteen among other premium brands. Since Urban Gadgets opened its third branch last 2018, it has been synonymous with innovation and lifestyle, uncompromising customer satisfaction with comprehensive range of latest innovative gadgets and accessories.
Strategically located in high-traffic premier malls, Urban Gadgets strives to be the leader in the retail technology and outdoor lifestyle industry by providing exceptional customer service, by pursuing business through innovation and passion in all aspects of our business. Motivated by the success of the 3 stores, the company targets to open more stores in the coming years, bringing in world-renowned brands. With the rise in demand for online shopping, we’re opening doors for users to enjoy the gadgets we carry by giving them several gateways to purchase them in the comfort of their own homes. To market this growth, an equally, if not more aggressive, marketing strategy using multi-platform channels will be implemented to support and further push Urban Gadgets as a brand.
How to franchise Urban Gadgets:
Initial Fee:
- Php350,000.00 (Promo Rate)
- Php400,000.00 (Regular Rate)
Inclusions:
- Use of Trademarks
- Site Approval
- Training for Franchisee and Staff
- Procurement Program
- Opening Assistance
- Operations Manual on Loan
- Research and Development
Total Capital Requirement: Php3.5 Million to Php4.5 Million
Initial Term: 5 years
Renewal Term: 5 years
Renewal Fee: 50%
Royalty Fee: 5%
Required Space: minimum of 40 sqm. – 60 sqm.
Steps to own an Urban Gadgets Franchise
1. Fill-up the Confidential Questionnaire. Together with your Letter of Intent, send them to:
Name: Ms. Christabel “Crystal” Sevilla
Designation: VP-Business Development
Contact Number: +632 7946-7259
Office Address: Unit 1-209, 2nd Floor Industria Mall,
Circulo Verde, Calle Industria, Brgy, Bagumbayan,
Quezon city, Metro Manila 1110 Philippines
Email Address: [email protected]
2. We will review your application.
3. You will be invited to discuss the Franchise Details.
4. We will present you with the Franchise Disclosure Information.
5. Your proposed location will be visited and thoroughly checked.
6. The Franchise Agreement can now be executed.
7. Outlet set-up and Staff training will commence.
8. We will provide pre-opening assistance.
9. Congratulations on your Grand Opening!!
Contact Details of Urban Gadgets:
Unit 1-209, 2nd Floor Industria Mall,
Circulo Verde, Calle Industria, Brgy, Bagumbayan,
Quezon city, Philippines
Phone Number: (02) 7946-7259
Mobile Number: (0917)318-1097
Email: [email protected] / [email protected]
Website: www.urbangadgets.ph
Facebook Page (This link will open on a new window)
or
RK FRANCHISE CONSULTANCY, INC.
G/F Minnesota Mansion, 267 Ermin Garcia St.,
Cubao, Quezon City, Philippines
Tel Nos.: (02) 8912-2946 / 8912-2973
Mobile Nos.: (Globe) 0917.874.3620 / (Sun) 0933.864.2552
Email: [email protected]
Basics of Franchising Urban Gadgets
Franchising benefits
Franchisees gain access to a proven business model, established brand reputation, and ongoing support from Urban Gadgets, 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 Urban Gadgets is beneficial for the inverstors:
High success rate due to its business model rather than starting from scratch.
Franchising Urban Gadgets 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.
Urban Gadgets is a recognized brand or trademark that can bring you success.
Success is achievable for franchising recognized brands like Urban Gadgets 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 Urban Gadgets, 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 Urban Gadgets 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 Urban Gadgets
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 Urban Gadgets 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 Urban Gadgets.
4 Check if Urban Gadgets 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 Urban Gadgets franchise. Study the environment and see if your business suits the surroundings.
Successful frachising 101
Becoming a successful Urban Gadgets 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 Urban Gadgets franchisee.