Inihaw Republic had its humble beginning on the street of Baguio Session Road. Renting a 15 sqm. small space every year during the famous Panagbenga’s Session Road in Bloom. With a borrowed griller, household helps as food crew a in a borrowed tent. They started selling a set meal composed of a slab of grilled pork, a cup of rice and green papaya on the side.
Young couple and entrepreneurs, Isonn Anthony Angheng and wife Krissia Anna Co-Angheng with hesitations and apprehensions jumped into uncertainties. But their business senses and guts stroked a gold mine in the food business by introducing their Liempo meal, the visitors and local residents just loved it and fall in line in hordes just to have a taste of their prized meal. and also, they developed a system that quickly serves their customers.
Soon, they gradually added grilled longganisa, sausage, and barbecue on the menu as they joined the festivities along Session Road annually. Patrons, both tourists and local residents started inquiring where they could find
Inihaw Republic after the festival. These encouraged the owners to locate a spot where they could put their restaurant and serve their signature grilled foods even after the celebration of the Baguio Flower Festival.
After years of searching for the right spot in November of 2017, Inihaw Republic opened its first restaurant at Lot 7 corner Upper Session Road and Engineers Hill Baguio City to serve its patrons, both local residents and tourist alike.
This is just the beginning of Inihaw Republic and the owners dream that the entire country can have a bite of their affordable delicious grilled foods soon.
How to franchise Inihaw Republic:
Initial Fee:
- Restaurant – Php500,000.00
- Area Franchise – Php1,250,000.00
Inclusions:
- Use of Trademarks
- Site Approval
- Training for Franchisee and Staff
- Procurement Program
- Opening Assistance
- Operations Manual on Loan
- Research and Development
Initial Term:
- Restaurant – 6 years
- Area Franchise – 8 years
Renewal Term:
- Restaurant – 6 years
- Area Franchise – 8 years
Renewal Fee: 50% (Restaurant / Area Franchise)
Royalty Fee: 4% of Gross Sales (Restaurant / Area Franchise)
Total Capital Requirement: Minimum of Php4 Million (Restaurant / Area Franchise) depending on size and condition of outlet
Required Space: Minimum of 100 sqm. (Restaurant / Area Franchise)
Steps to own an Inihaw Republic Franchise
1. Fill-up the Confidential Questionnaire. Together with your Letter of Intent, send them to:
INIHAW REPUBLIC
Contact Person: Isonn Anthony Angheng
Contact Number: +63917-506-0002
Email Address: [email protected]
2. We will review your application.
3. You will be invited to discuss the 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 Inihaw Republic:
Lot 7 Corner Upper Session Road,
Baguio, Benguet, Philippines
Contact Person: Isonn Anthony Angheng
Tel. No.: (074) 665-4198
Mobile: (0917)506-0002
Email: [email protected]
Website: www.inihawrepublic.com
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) 8912-2946 / 8912-2973
Mobile Nos.: (Globe) 0917.874.3620 / (Sun) 0933.864.2552
Email: [email protected]
Basics of Franchising Inihaw Republic
Franchising benefits
Franchisees gain access to a proven business model, established brand reputation, and ongoing support from Inihaw Republic, 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 Inihaw Republic is beneficial for the inverstors:
High success rate due to its business model rather than starting from scratch.
Franchising Inihaw Republic 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.
Inihaw Republic is a recognized brand or trademark that can bring you success.
Success is achievable for franchising recognized brands like Inihaw Republic 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 Inihaw Republic, 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 Inihaw Republic 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 Inihaw Republic
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 Inihaw Republic 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 Inihaw Republic.
4 Check if Inihaw Republic 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 Inihaw Republic franchise. Study the environment and see if your business suits the surroundings.
Successful frachising 101
Becoming a successful Inihaw Republic 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 Inihaw Republic franchisee.