Established in September 2018, Yellow Mango was formed and conceptualized by the owners Hector and Leny Gamboa. Offering a remarkable and well-prepared mango floats, Yellow Mango aims to provide not only the best variety of mango floats but with high in quality dessert snack on the go.
The owner’s inspiration of putting up and running a Yellow Mango business stems from the desire to create a refreshing product that would satisfy everyone’s craving for Ice Cream and Mango. And while doing so, the underlying reason of which is to help create jobs in our community as well as to support the Mango farmers around the country.
The business concept is not new. However, Yellow Mango aims to deliver a twist into it by using only the finest ingredients: our premium soft served Mango ice cream specially formulated only for Yellow Mango, our export quality, fresh and sweet mangoes and our top-quality crushed Oreo and Graham.
To date, Yellow Mango have 4 simultaneous bazaars in and around the metro and 2 locations: Okada Manila and Glorietta 3 Makati. And to further expand the brand and create possible opportunities to those aspiring entrepreneurs, Yellow Mango have decided to enter franchising.
Mission:
To ensure consistency, we at Yellow Mango strikes to provide the highest quality of mango float products that will give value for the money you spent.
Vision:
Yellow Mango aims to grow and have a strong market presence nationwide – bringing in our delectable products to our beloved consumers all over the country. And for the next 2 to 3 years, Yellow Mango will be able to have (1) one strategically located outlet per mall nationwide.
How to franchise Yellow Mango:
CART FRANCHISE
Initial Fee: Php239,000.00
Yellow Mango Franchise Includes:
- Use of Trademark
- Site Approval
- Training for Franchisee and Staff
- Procurement Program
- Marketing Assistance
- Opening Assistance
- Operations Manual on Loan
- Research and Development
Initial Term: 3 years
Renewal Term: 3 years
Renewal Fee: 50%
Capital Requirement: Php950,000.00
Continuation Fee: Php7,500/month
Required Space: minimum of 4 sqms.
AREA FRANCHISE
Initial Fee: Php600,000.00
- including the rights to 3 outlets
Initial Term: 5 years
Renewal Term: 5 years
Renewal Fee: 50%
Steps to own a Yellow Mango Franchise
1. Fill out the Confidential Questionnaire. Together with your Letter of Intent, send them to:
Yellow Mango
Leny Gamboa
0917-535-0814
[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 Yellow Mango:
Contact Person: Leny Gamboa
Mobile No.: (0917)535-0814
E-mail 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 Yellow Mango
Franchising benefits
Franchisees gain access to a proven business model, established brand reputation, and ongoing support from Yellow Mango, 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 Yellow Mango is beneficial for the inverstors:
High success rate due to its business model rather than starting from scratch.
Franchising Yellow Mango 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.
Yellow Mango is a recognized brand or trademark that can bring you success.
Success is achievable for franchising recognized brands like Yellow Mango 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 Yellow Mango, 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 Yellow Mango 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 Yellow Mango
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 Yellow Mango 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 Yellow Mango.
4 Check if Yellow Mango 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 Yellow Mango franchise. Study the environment and see if your business suits the surroundings.
Successful frachising 101
Becoming a successful Yellow Mango 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 Yellow Mango franchisee.