TakoMagi is a Japanese themed casual Ramen house and Takoyaki take out store. TakoMagi opened its first store last June 2018 at Tagaytay, owned by Mr. Edrianne dela Cruz.
“Tako” which means Octopus and “Magi” symbolizes noodles formed the name TakoMagi, made from the two main dish served by the restaurant. Apart from that, the owner dedicated the name to his Golden Retriever, Maggie – who’s the company’s ‘ambassadog’.
TakoMagi Takoyaki + Ramen is built entirely with the concept of Japanese street food. Takoyaki and Ramen are Japan’s staple street food. TakoMagi wanted to bring that same feel of dining in the street of Osaka or Tokyo here in the Philippines.
Our operation is focused on experienced led marketing, where we amplify the quality of food and service with the experience the customers are getting in terms of ambiance, the customer service and the visual experience with both the food and store set-up.
Today, we have a store located in Magallanes Square, Tagaytay and several pop-up store South of Luzon and some in Manila. We are currently expanding our franchise stores and aiming to have at least 20 takoyaki stores to open by mid 2019.
How to franchise TakoMagi:
Franchise Package: Php260,000.00 (Franchise fee included)
Inclusive of:
- Wooden Japanese Type Food Cart (good for a 4 sqm. space)
- Heavy Equipments
- Initial Inventory and Stocks
- Marketing Support in all Traffic Channels
- Operational Support
- FREE Comprehensive Training
- Use of Trade Name and Logo
- Operations Manual
- Notarized Franchise Contract
Fees:
- Franchise Fee: Php85,000.00 / 3yrs
- Marketing Fee Levy: 2% / month
- Reservation Fee: Php15,000.00 (Non-Refundable)
Note: First Five Franchisee Discount will be determine from the first five to settle the reservation fee
Requirement to become a TakoMagi Franchisee:
1. Submission of Requirements
- Letter of Intent
- Franchise Application form
- Latest 2 months Bank Deposit
2. Preliminary Interview (Over the phone)
3. Site Approval
4. Final Interview and Discussion
5. Franchise Agreement Signing
6. Orientation for Grand Opening
Contact Details of TakoMagi:
Unit 104A Magallanes Square (Behind 711, Across Balay Dako)
Magallanes Dr., Tagaytay City, Cavite, Philippines
Contact Person: Mr. Edrianne dela Cruz
Telephone: (046) 419-4825
Mobile: (0926)705-8915
Email: [email protected]
Facebook Page (This link will open on a new window)
Basics of Franchising TakoMagi Takoyaki + Ramen
Franchising benefits
Franchisees gain access to a proven business model, established brand reputation, and ongoing support from TakoMagi Takoyaki + Ramen, 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 TakoMagi Takoyaki + Ramen is beneficial for the inverstors:
High success rate due to its business model rather than starting from scratch.
Franchising TakoMagi Takoyaki + Ramen 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.
TakoMagi Takoyaki + Ramen is a recognized brand or trademark that can bring you success.
Success is achievable for franchising recognized brands like TakoMagi Takoyaki + Ramen 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 TakoMagi Takoyaki + Ramen, 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 TakoMagi Takoyaki + Ramen 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 TakoMagi Takoyaki + Ramen
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 TakoMagi Takoyaki + Ramen 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 TakoMagi Takoyaki + Ramen.
4 Check if TakoMagi Takoyaki + Ramen 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 TakoMagi Takoyaki + Ramen franchise. Study the environment and see if your business suits the surroundings.
Successful frachising 101
Becoming a successful TakoMagi Takoyaki + Ramen 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 TakoMagi Takoyaki + Ramen franchisee.