Siomai House was one of the food products offered by BERNABEST FOOD PRODUCTS INC. Siomai House has captured the hearts of many patrons because of its mouth-watering steamed pork and shrimp siomai, matched with banana cum pandan flavored gulaman. Furthermore, their siomai is served with a uniquely concocted chili-garlic sauce that makes it more scrumptious. And last but not the least, the price really makes the difference, with a high quality product, most of their customers cannot help but awe in amazement as they pay for their orders. Needless to say, Siomai House product sells well than “hotcakes”.
BERNABEST FOOD PRODUCTS INC., a business enterprise creating new and fresh ventures in the food and beverage industry, particularly in the fast food business are all in progress. Their main line have reached an extensive spectrum of satisfied patrons from the young and matured, from the upper strata of their society to middle class, notwithstanding their genders, they became regular consumers of their offering. By providing them with carts or kiosks in strategic places like schools, offices, shopping malls, hospitals and other commercial establishments, they get to enjoy and savor their mouth watering cuisine.
BERNABEST FOOD PRODUCTS INC., are knowledgeable that their Siomai House products cannot be copyrighted nor patented, however, their edge over competition lies in the quality, taste, freshness, delightfulness and affordability of what they are offering.
How to Franchise Siomai House:
Franchise Package: Php350,000.00 plus VAT
Siomai House Franchise Inclusions:
- Siomai House Basic Designed Booth
- Freezer
- Steamer
- Beverage dispenser
- Advertising signs and signage
- Two (2) sets of Siomai House uniforms
- Free delivery 3x a week
- Other provisions to conduct the business
(Note: The fee is for the basic designed booth only, other requirements that may arise concerning booth design will be charged to the franchisee at cost).
Franchise Term: Three (3) years from the signing of the franchise agreement. Extension of franchise commence after the three (3) year franchise period with the consent of both parties – the franchisor and the franchisee.
Franchise Location : Siomai House stall or food cart location shall be provided for by the franchisee, he/she must submit to the franchisor his/her proposed location for evaluation and approval.
A three (3) days training period on how to conduct food preparation, conduct in selling, sales reporting, inventory control and maintenance of equipment shall be provided for.
Basic Requirements:
1. Letter of Intent
2. Pictures of proposed location and surrounding vicinity
3. Rental details including contact person/lessor (minimum floor area – 4 sqm.)
4. Detailed sketch map and transport route to reach the location
5. Personal resume of the franchisee
Contact Details of Siomai House:
Bernabest Food Products, Inc.
118 D Arellano St., Bagong Barrio,
Caloocan City, Philippines
Tel. No.: (02) 8709-6237 / (02) 8362-1138
Email: [email protected] / [email protected]
Website: www.siomai.house
Facebook Page (This link will open on a new window)
Basics of Franchising Siomai House
Franchising benefits
Franchisees gain access to a proven business model, established brand reputation, and ongoing support from Siomai House, 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 Siomai House is beneficial for the inverstors:
High success rate due to its business model rather than starting from scratch.
Franchising Siomai House 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.
Siomai House is a recognized brand or trademark that can bring you success.
Success is achievable for franchising recognized brands like Siomai House 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 Siomai House, 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 Siomai House 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 Siomai House
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 Siomai House 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 Siomai House.
4 Check if Siomai House 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 Siomai House franchise. Study the environment and see if your business suits the surroundings.
Successful frachising 101
Becoming a successful Siomai House 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 Siomai House franchisee.