Speed Driven PH

Bypinoyentre

Oct 17, 2018

Speed Driven PH

Speed Driven PH is a reputable and well known carwash in Cainta, Rizal has been in the business for almost 9 years. With many of its customers celebrating its success, some have expressed their demand of having one of their own. Started as a mere idea to help our business-oriented carwash customers, Speed Driven PH has been providing all-in-one personalized car wash packages that includes a wide array of car wash chemicals and equipment, as well as learning and training on basic car wash and professional auto detailing since 2017. Our journey to perfection has catered to more than 200 clients nationwide, and is striving to reach more entrepreneurs not only in the Philippines, but also abroad.

Recently, Speed Driven PH received multiple awards and recognitions that stand as proof of its outstanding performance for the past years. In 2018 alone, we have been awarded as the Best Trusted Carwash Business Franchise by the Golden Globe Annual Awards for Business Excellence, and as the Innovative Carwash Business Provider by the Best Choice Awards 2018. The company continues to take pride in its carwash chemicals formulated by our own Speed Drive chemists and continues to deliver excellence through customer satisfaction and effective marketing assistance.

Mission:

To provide top quality carwash and detailing services for all types of vehicles, Automobiles and Motorcycles in the Philippines, Speed Driven Ph Corp. will work to keep employees satisfied in order to maintain impeccable customer service.

Vision:

  • To be viewed as one of the top and premium provider carwash and detailing service in the Philippines.
  • Maintain a very high gross profit margin.
  • Maintain a modest, steadily growing net profit margin.
  • Expands every year for personalized and franchising business.

How to franchise Speed Driven PH:

Initial Fee: Php250,000.00

  • Php100,000.00 (Hybrid Add-on)

Inclusive of:

  • Use of Trademarks
  • Site Approval
  • Training for Franchisee and Staff
  • Procurement Program
  • Opening Assistance
  • Operations Manual on Loan
  • Research and Development

Initial Term: 6 years
Renewal Fee: 50%
Capital Requirement: Php1.3 Million (for Regular Set-up) / Php2.8 Million (for Hybrid)
Continuation Fee: Php6,000.00

Steps to own a Speed Driven PH Franchise

1. Fill out the Confidential Questionnaire. Together with your Letter of Intent, send them to:

Jacqueline B. Bejino /
Martin Nikki S. Hernandez
0918.654.4944 / 0917.923.5873
[email protected]

2. We will review your application.
3. You will be invited to discuss franchise details.
4. We will present you with the Franchise Disclosure Information.
5. Your proposed location will be visited and thoroughly checked.
6. The Franchise Agreement can now be executed.
7. Outlet set-up and staff training will commence.
8. We will provide pre-opening assistance.
9. Congratulations on your Grand Opening!

Contact Details of Speed Driven PH:

358 Sapphire St., Emerald Compound,
San Andres, Cainta, Rizal, Philippines
Mobile No.: (0918)654-4944 / (0917)923-5873
Email: [email protected]
Facebook Page (This link will open on a new window)

or

RK FRANCHISE CONSULTANCY, INC.
G/F Minnesota Mansion, 267 Ermin Garcia St.,
Cubao, Quezon City, Philippines
Tel Nos.: (02) 912-2946 / 912-2973 / 995-0734
Fax No.: (02) 911-1966
Cebu Branch:
Tel No.: (032) 253-5010
Fax No.: (032) 254-0473
Email: [email protected] / [email protected]

Basics of Franchising Speed Driven PH

Franchising benefits

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

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

Franchising Speed Driven PH 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.

Speed Driven PH is a recognized brand or trademark that can bring you success.

Success is achievable for franchising recognized brands like Speed Driven PH 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 Speed Driven PH, 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 Speed Driven PH 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 Speed Driven PH

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 Speed Driven PH 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 Speed Driven PH.

4 Check if Speed Driven PH 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 Speed Driven PH franchise. Study the environment and see if your business suits the surroundings.

Successful frachising 101

Becoming a successful Speed Driven PH 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 Speed Driven PH franchisee.

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