MonsterRiced

Bypinoyentre

Jun 13, 2023

MonsterRicedMonsterRiced is the latest Brand introduced to the Philippines by the company behind the success of Island Tea Co. & Ceylon Coffee Club which is a member of the Philippine Franchise Association-PFA with a growing network of over 130+ branches across Sri Lanka, Middle East, India and Philippines, with more planned expansions in Asia Pacific & Middle East.

MonsterRiced is specializing in authentic local fast food concept with slick take out rice boxes served in deliciously large portions of rice, egg and a variety of meat toppings with fresh vegetables, offering a monstrous bang for your buck.

MonsterRiced combines flavorsome Filipino food + authentic street food, giving customers a TRUE VALUE FOR MONEY experience unlike never before!

A succulent titan fast-food meal exclusively to “Treat the Monster Hunger in You”!

How to franchise MonsterRiced:

Franchise Package

1. MonsteRiced (plus option to add Tea & Coffee Drinks)

  • Fully Set-up – Php185,990.00
  • Franchise Fee starting at Php39,990.00

2. MonsteRiced (Upgrade to Milk Tea & Frappes)

  • Fully Set-up – Php195,990.00
  • Franchise Fee starting at Php49,990.00

WIDE Food Menu with option of adding Tea + Coffee
NOVEL Fast Food Concept
LOW Price – BIG Sizes
Novel BRANDING
FASTER ROI
HIGH Profit Margins
Available CART to INLINE
SAVE on Rentals & Deposits
One STOP – Food + Tea & Coffee
MOST Innovative Concept
GET the 1st Mover Advantage in your City / Region

Contact Details of MonsterRiced:

308 A, Robinsons Cybergate,
Cebu City, Philippines
Phone: +63 322 369 513
Mobile: 0998 846 3810 / 0998 846 3811 / 0998 846 3813
Email: [email protected]
Facebook Page (This link will open on a new window)

Basics of Franchising MonsterRiced

Franchising benefits

Franchisees gain access to a proven business model, established brand reputation, and ongoing support from MonsterRiced, 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 MonsterRiced is beneficial for the inverstors:

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

Franchising MonsterRiced 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.

MonsterRiced is a recognized brand or trademark that can bring you success.

Success is achievable for franchising recognized brands like MonsterRiced 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 MonsterRiced, 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 MonsterRiced 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 MonsterRiced

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 MonsterRiced 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 MonsterRiced.

4 Check if MonsterRiced 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 MonsterRiced franchise. Study the environment and see if your business suits the surroundings.

Successful frachising 101

Becoming a successful MonsterRiced 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 MonsterRiced franchisee.

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