Hap Chan was first established in 1997 as a small tea house in Manila, and serving only the Filipino-Chinese favorites mami, lugao and dimsum. Hap Chan began franchising its restaurant chain in 1999 through Hap Chan Trading & Management Corporation. Hap Chan Tea House has slowly grown its menu and and established fifteen (15) stores by year 2009.
On September 2009, a new group of entrepreneurs joined the management to improve its commissary and restaurant operations by introducing new methods to ensure Hap Chan restaurants remain in the forefront of its kind in the food service industry.
The company started its aggressive expansion in 2010, from fifteen (15), it continuously grow its business as far as Boracay, Palawan, Gen. Santos and Cauayan Isabela. To date, there are a total of forty five(45) branches nationwide.
Hap Chan Trading & Management Corporation opens the possibility for dynamic entrepreneurs with a strong desire for success to invest in their different business concepts: Seafood Restaurant, Full Restaurant, Tea House and Express. Despite having four different concepts and slightly varied menu selections depending on site locations, Hap Chan has always been committed to offer authentic Hong Kong dining experience showcasing superior food quality and friendly neighborhood service—traits that the company has been known for.
How to Franchise Hap Chan:
BUSINESS MODEL
Full Restaurant:
- Space Requirement: 121 sqm. to 300 sqm.
- Franchise Fee: Php1.5 Million
- Total Investment: Php9 Million to Php15 Million
- Royalty Fee: 5% of Gross Sales
- Franchise Term: 7 years
Teahouse:
- Space Requirement : 80 sqm. to 120 sqm.
- Franchise Fee: Php1 Million
- Total Investment: Php6 Million to Php8 Million
- Royalty Fee: 5% of Gross Sales
- Franchise Term : 7 years
Franchise inclusive of:
- Right to name
- Propriety Marks
- Training Assistance
- Procurement Programs
- Operations Manual
- Pre-opening Assistance
- On-going Support
Application Process:
- Send a letter of intent and proposed site location to Franchising and Business Development at [email protected] or [email protected]
- Upon receipt of the letter of intent, we will schedule a meeting with you to discuss the details of the franchise.
- Fill out Confidential questionnaire and send it to us.
- If qualified, we will visit your proposed site and conduct feasibility study.
- If site is feasible, we will schedule a meeting with you for signing if Franchise Agreement.
Contact Details of Hap Chan:
HAP CHAN TRADING & MANAGEMENT CORP.
Franchising & Business Development
Contact Person: Jane Jalandoni
Tel: (632) 8411-6186 / 8410-4009 / 8410-4012
Email: [email protected]
Website: www.newhapchan.com
Facebook Page (This link will open on a new window)
Basics of Franchising Hap Chan Restaurant
Franchising benefits
Franchisees gain access to a proven business model, established brand reputation, and ongoing support from Hap Chan Restaurant, 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 Hap Chan Restaurant is beneficial for the inverstors:
High success rate due to its business model rather than starting from scratch.
Franchising Hap Chan Restaurant 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.
Hap Chan Restaurant is a recognized brand or trademark that can bring you success.
Success is achievable for franchising recognized brands like Hap Chan Restaurant 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 Hap Chan Restaurant, 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 Hap Chan Restaurant 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 Hap Chan Restaurant
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 Hap Chan Restaurant 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 Hap Chan Restaurant.
4 Check if Hap Chan Restaurant 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 Hap Chan Restaurant franchise. Study the environment and see if your business suits the surroundings.
Successful frachising 101
Becoming a successful Hap Chan Restaurant 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 Hap Chan Restaurant franchisee.