Cable Car Makati has been a staple name in the bar and restaurant industry since 1992, well-known by several generations of party-goers for its San Francisco pub ambiance and its crave-worthy bar food, like the famous Cable Car fried rice.
Since 1992, for more than a decade, the bar continued to run as one of the most well-known “after-party and late night food trip spots”, although eventually, after its coming into the new millennium, the bar began to lose its draw. By this time, the young 90s crowd that had frequented Cable Car had long grown up. Fortunately, a select few of these earlier customers still recognized the bar’s entrepreneurial potential and with this, in late 2009, Cable Car Makati came into new ownership and management.
Since then, Cable Car Makati has been transformed into one of the hip and popular nightspots in Manila, innovating and expanding its way into a new and younger generation without losing its original feel. Using the bar’s longstanding theme, decor, and even menu, the revamped Cable Car attracts an entirely different crowd, mostly credited to applying more focus on social marketing and its popularization of a now famous bar game in the Manila night scene, beer pong. Because of this, the bar’s attraction grew immensely and evolved into several groups of regulars, familiar faces, experts and fanatics, more casually known today as what is “Team Cable Car”.
Today, this buzzing sports bar and game room may be all beer pong enthusiasts place of choice but it is much more than just this; it has a long and iconic history in the Makati scene.
How to franchise Cable Car Bar & Restaurant:
Franchise Fee: Call
- Bar & Restaurant
- Restaurant only
Inclusive of:
- Trade Name and Proprietary Marks
- Site Approval
- Training for Franchisee and Staff
- Procurement Program
- Opening Assistance
- Operations Manual on loan
- Research and Development
Initial Term: Six (6) years
Required Space:
- minimum of 200 sqms. – for Bar & Restaurant
- minimum of 80 sqms. – for Restaurant only
Contact Details of Cable Car Bar & Restaurant:
822 Paseo Tesoro Building,
Arnaiz Ave., San Lorenzo Village,
Makati City, Philippines
Tel: (02) 576-8494
Email: [email protected]
Facebook Page (This link will open on a new window)
Basics of Franchising Cable Car Bar & Restaurant
Franchising benefits
Franchisees gain access to a proven business model, established brand reputation, and ongoing support from Cable Car Bar & 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 Cable Car Bar & Restaurant is beneficial for the inverstors:
High success rate due to its business model rather than starting from scratch.
Franchising Cable Car Bar & 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.
Cable Car Bar & Restaurant is a recognized brand or trademark that can bring you success.
Success is achievable for franchising recognized brands like Cable Car Bar & 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 Cable Car Bar & 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 Cable Car Bar & 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 Cable Car Bar & 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 Cable Car Bar & 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 Cable Car Bar & Restaurant.
4 Check if Cable Car Bar & 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 Cable Car Bar & Restaurant franchise. Study the environment and see if your business suits the surroundings.
Successful frachising 101
Becoming a successful Cable Car Bar & 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 Cable Car Bar & Restaurant franchisee.