Mr. Kokio is a locally owned food cart business brand. The owners of Mr. Kokio Food Cart is a couple and a local of Bacolod City, Mr. Park Namhee and Ms. Ruffa Elaine Park.
“Kokio” where the business name was derived means “cock a doodle doo”; its the sound of roosters in Korean. The main concept of Mr. Kokio is to serve authentic and delicious Korean style bite-sized chicken nuggets accessible and affordable to everyone. The Korean owner developed and perfected the distinct and addictive flavors of his homemade sauces, a fusion of Korean and Asian flavors and the cooking technique that makes anexquisitely crispy chicken nuggets.
In year 2017, Mr. Kokio decided to venture into a bigger market and provide snack and meal type on-the-go foods at value pricing, convenient packaging with an authentic Korean experience. Our main goal is to bring a new food concept to customers and to become a favorite food choice of Bacolodnons when it comes to quick food service snack/meal.
Bringing in the famous Korean style fried chicken in bite-size; we offer six different flavors for customers to choose from as well as some favorite sides that can complement well with the chicken like Potato Nuggets or Potato Balls. Believing that the only way to be steadily loved and patronize by customers in these very competitive markets of food cart business, is to maintain a satisfying yet affordable meals, Mr. Kokio will be steadfast in providing only the best food snack to everyone.
Mission:
Our mission is to provide customers with great-tasting, affordable and authentic Korean style bite-sized fried chicken at a convenient packaging. To satisfy customers cravings for rich and distinctive flavor in every chicken bite.
Vision:
We envision to grow and become a global brand in the food cart industry providing customers with consistent quality and authenticity of products and services. To create value and provide opportunities to our employees, suppliers and franchisees.
For Mr. Kokio, to be the flagship of Korean chicken snack food cart in the Philippines.
How to franchise Mr. Kokio:
Initial Fee
- Cart Franchise – Php200,000.00
- Area Franchise – Php500,000.00
Inclusions:
- Use of Trademarks
- Site Approval
- Training for Franchisee and Staff
- Procurement Program
- Opening Assistance
- Operations Manual on Loan
- Research and Development
Initial Term
- Cart Franchise – 4 years
- Area Franchise – 6 years
Continuation Fee / Month
- Cart Franchise – Php6,000.00
- Area Franchise – Php5,000.00 per Cart
Capital Requirement
- Php550,000.00 – Outside Mall Outlets
- Php650,000.00 – Mall Outlets
Required Space: minimum of 4 square meters
Steps to own a Mr. Kokio Franchise
1. Fill up the Confidential Questionnaire and send it together with your Letter of Intent to:
Mr. Kokio Food Cart EXFC06 SM City,
Bacolod 6100
Email Address: [email protected]
Contact Person: Ruffa Elaine U. Park
Contact Numbers: 09102365606 / 09178808376
2. We will review your application.
3. You will be invited to discuss franchise details.
4. We will present to you the Franchise Disclosure Information.
5. Your proposed location will be evaluated.
6. The Franchise Agreement will be executed.
7. Outlet set-up and staff training will commence.
8. We will provide pre-opening assistance.
9. Congratulations on your Grand Opening!
For a Franchise Kit, Fill-up and Submit Form Here (This link will open on a new window)
Contact Details of Mr. Kokio:
Mr. Kokio Food Cart (SM City Bacolod)
Bacolod City, Negros Occidental, Philippines
Contact Person: Ms. Ruffa Elaine U. Park
Contact Numbers: (0910)236-5606 / (0917)880-8376
Email Address: [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 Mr. Kokio
Franchising benefits
Franchisees gain access to a proven business model, established brand reputation, and ongoing support from Mr. Kokio, 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 Mr. Kokio is beneficial for the inverstors:
High success rate due to its business model rather than starting from scratch.
Franchising Mr. Kokio 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.
Mr. Kokio is a recognized brand or trademark that can bring you success.
Success is achievable for franchising recognized brands like Mr. Kokio 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 Mr. Kokio, 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 Mr. Kokio 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 Mr. Kokio
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 Mr. Kokio 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 Mr. Kokio.
4 Check if Mr. Kokio 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 Mr. Kokio franchise. Study the environment and see if your business suits the surroundings.
Successful frachising 101
Becoming a successful Mr. Kokio 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 Mr. Kokio franchisee.