Bon AppeTEA is a unique franchise concept bringing the new generation of great tea concoctions at a very affordable price. Bon AppeTEA was started from its humble milk tea express bar situated in Strata 2000 building in Ortigas. It was owned and managed by Chef Tom Pestano, a Culinary Institute of America graduate. Bon AppeTEA came from a words combining “bon appetite” which means “good appetite”, and its main product – the Milk TEA.
Some of Bon AppeTEA milk tea products are the mixtures of Jasmin Green Teas such as Blossom Dreams, Peachsicle, Rainforest Passion, Heavenly Blush and Morocco Nights. They also have Assam Black Tea variants like the Purple Royale, Himalaya, Nirvana, Kathmandu, Ambrosia, Mélange, and Crème Brule. All serves together with your choice of toppers like the popular chewy Tapioca Pearls (sago), Nata de Coco, Sweet Puddings, Heavenly Aloes, and Soft Jellies such as Brown Sugar Jelly, Mesona Jelly, and Konjak.
Aside from milk tea drinks, Bon AppeTEA also offers other delectable fruity or yogurt flavored bobba drinks such as Fruit Teas and Yogurt Teas, respectively.
Today, Bon AppeTEA continues to create new more refreshing teas with a twist, the VitaliTEA, for figure-conscious individuals, the Herbal TEAs, for the health-buffs; and the NaughTEAs such as TEAquila Sunrise and Long Island Iced Tea.
With the success of the first Bon AppeTEA Express Bar, they are quickly established a second branch along Better Living in Paranaque and planning to expand through Franchising.
How to franchise Bon AppeTEA:
Franchise Fee: Call
- Projected ROI Period: 2 years
- Franchise Term Period: 5 years (subject to renewal)
- Space Requirement: minimum of 50 sqm.
- Royalty Fee: 3%
Franchise Package includes the following:
- Right to use the Bon Appetea Trade mark, logos, recipes and product line.
- Initial Stocks.
- Provision of basic equipments.
- Business Operation Manual including day-to-day operation procedures from recipes, cooking methods, inventory, opening and closing procedure, order-taking, cash management, cash record keeping and customer service.
- Location Assistance, Site Evaluation and Securing of Lease.
- Initial training of franchisee, manager and crew members.
- Store construction assistance, suppliers assistance, interior finishing and store set-up assistance.
Pre-opening Assistance. - Ongoing and Full marketing support.
- Ongoing research, development and support for new products, methods and business systems.
Application Procedure:
1. A Letter of Intent is submitted to [email protected] indicated in the letter is the address of the proposed location/site with photos.
2. Fill-out the Franchise Application Form.
3. Submission of the application form together with P25,000 reservation fee, which will be deducted from the franchise package price.
4. Proceeding with the initial meeting and site evaluation after the submission of the mentioned requirements.
5. Signing of the franchise agreement with 50% down payment of the franchise fee.
6. An approximate time of 3-6 weeks for site construction’s commencement and completion. Placement of the equipments, furnitures, fixtures and initial orders are also expected by then.
7. Balance of the franchise fee is expected to be paid before ingress of two (2) weeks prior the store’s opening day.
Congratulations! You now have your own Bon Appetea Store! Bon Appetea!
Contact Details of Bon AppeTEA:
GOLDEN TEA LEAF FRANCHISING INC.
Tel. No.: (02) 7-507-3689
Mobile No.: (0995)468-9032
Email: [email protected] / [email protected]
Website: www.bonappetea.com.ph
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Basics of Franchising Bon AppeTEA
Franchising benefits
Franchisees gain access to a proven business model, established brand reputation, and ongoing support from Bon AppeTEA, 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 Bon AppeTEA is beneficial for the inverstors:
High success rate due to its business model rather than starting from scratch.
Franchising Bon AppeTEA 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.
Bon AppeTEA is a recognized brand or trademark that can bring you success.
Success is achievable for franchising recognized brands like Bon AppeTEA 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 Bon AppeTEA, 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 Bon AppeTEA 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 Bon AppeTEA
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 Bon AppeTEA 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 Bon AppeTEA.
4 Check if Bon AppeTEA 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 Bon AppeTEA franchise. Study the environment and see if your business suits the surroundings.
Successful frachising 101
Becoming a successful Bon AppeTEA 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 Bon AppeTEA franchisee.