Mr. Tentacles

Bypinoyentre

Sep 5, 2019

Mr. TentaclesMr. Tentacles is the first to bring Takoyaki with real baby octopus here in the Philippines! We like to innovate and develop our recipe that’s why we come up with a new takoyaki in town called Ebiyaki Takoyaki with a combination of whole shrimp and quail egg, and the Overload Takoyaki with Baby octopus, Crab and Shrimp put together in one flavorful Takoyaki!

Ask we expand we will keep serving delicious and authentic takoyaki with baby octopus so Filipinos can experience our Delicious Takoyakis that crispy outside tender and juicy inside that comes with the Original or Signature Spicy sauce that Filipinos Loved.

Mr. Tentacles are now open for franchising! We has a proven system of operation since 2016 and may be your own success story too!

How to franchise Mr. Tentacles:

Franchise Package: Php350,000.00

Inclusions:

1. Franchise contract for 3 years

  • Use of trade name and logo
  • Operating manual and procedures

2. Construction and store set-up with land dimension of 9 sqm.

  • Build up sign board
  • Pricelist

3. Initial inventory worth Php50,000.00
4. Initial store supplies and packaging worth Php5,000.00
5. Comprehensive personnel training
6. Seminar on internal control, accounting and operating procedures.
7. Service crew uniform

8. Store equipment and utensils including:

  • Takoyaki Maker (2 pcs. of 56 holes)
  • Gauge and hose
  • 5.3 Cu.Ft. Chest Freezer
  • Cooler
  • Batter and sauce bottles
  • Toppings container
  • Cooking and mixing tools for batter

9. Personal assistance on:

  • Business Registration Permit
  • Soft Opening
  • Grand Opening

Contact Details of Mr. Tentacles:

Mobile No.: (0939)111-8010
Email: [email protected]
Facebook Page (This link will open on a new window)

Basics of Franchising Mr. Tentacles

Franchising benefits

Franchisees gain access to a proven business model, established brand reputation, and ongoing support from Mr. Tentacles, 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. Tentacles is beneficial for the inverstors:

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

Franchising Mr. Tentacles 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. Tentacles is a recognized brand or trademark that can bring you success.

Success is achievable for franchising recognized brands like Mr. Tentacles 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. Tentacles, 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. Tentacles 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. Tentacles

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. Tentacles 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. Tentacles.

4 Check if Mr. Tentacles 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. Tentacles franchise. Study the environment and see if your business suits the surroundings.

Successful frachising 101

Becoming a successful Mr. Tentacles 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. Tentacles franchisee.

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