Lugaw Queen was first started as a small take-out counter in San Pablo City on November of 2007 offering just plain lugaw. It was owned and managed by Sherwin and Beverly Aquino. With only P1,100 starting capital, the couple took all the risk to put up a business which they can call their own. Considering the affordable ingredients of lugaw and the passion for cooking of Mrs. Aquino, ordinary lugaw was transformed into a delicious food experience.
In three months, Lugaw Queen opened two (2) more branches in San Pablo City and just before the year ended, it grew to six branches. With a high demand for its products, Lugaw Queen extended its network within Laguna, Lucena in Quezon and Metro Manila. They grew to more than 12 branches in just three years and they are still counting, catering to the cravings of lugaw enthusiasts who want to experience the true Pinoy Lugaw with a twist 24 hours a day!
Among their products are Special Goto, Lugaw Plain and with Egg, Lugaw with Tokwa, Lugaw with Siomai, Lugaw with Chicharon, Lugaw with Shanghai, Lugaw with Chicken, Lugaw with Atay; and Goto. Their popular side dishes includes Chicken Feet, Lumpiang Togue, Tokwa’t Baboy, Siomai, Puto, Siopao and their mouth-watering Halo-Halo.
Lugaw Queen envision to be the leading fast food chain in the country offering innovative, quality food products as well as maintaining clean, affordable yet satisfying dining experience which everybody can enjoy.
As Lugaw Queen open for franchise, they extend their service to all interested franchisees willing to be a part of their growth.
How to franchise Lugaw Queen:
Franchise Fee: Php150,000.00
Lugaw Queen Franchise Inclusive of the following:
- Use of business system, trade name and logo
- Pre-opening and start-up assistance
- Comprehensive training
- Continuing operational support
- Operating manual
- Discounts on products & supplies
- Marketing and promotion assistance
Total Investment: Php1 Million – Php1.5 Million (exclusive of tax)
Term of Agreement: 3yrs. / renewable
Royalty Fee: 3%/month on gross sales paid every 5th day of the following month
Advertising Fund: 1% of monthly gross sales
List of requirements:
- LQ Franchise Application Form/ID size picture
- Letter of Intent
- Proposed location information with accurate vicinity map
- Valid ID’s (Passport, PRC, Drivers License etc.)
- Community Tax Certificate or Cedula
Contact Details of Lugaw Queen:
LUGAW QUEEN CORPORATION
Marfori Subd. Road 4, Brgy. Silangan,
Calauan, Laguna, Philippines
Contact Person: Beverly P. Aquino, President COO
Tel: (049) 503-2051
Mobile: (0947)195-3123 / (0923)566-0069
Email: [email protected]
Website: www.lugaw-queen.com
Facebook Page (This link will open on a new window)
Basics of Franchising Lugaw Queen
Franchising benefits
Franchisees gain access to a proven business model, established brand reputation, and ongoing support from Lugaw Queen, 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 Lugaw Queen is beneficial for the inverstors:
High success rate due to its business model rather than starting from scratch.
Franchising Lugaw Queen 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.
Lugaw Queen is a recognized brand or trademark that can bring you success.
Success is achievable for franchising recognized brands like Lugaw Queen 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 Lugaw Queen, 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 Lugaw Queen 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 Lugaw Queen
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 Lugaw Queen 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 Lugaw Queen.
4 Check if Lugaw Queen 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 Lugaw Queen franchise. Study the environment and see if your business suits the surroundings.
Successful frachising 101
Becoming a successful Lugaw Queen 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 Lugaw Queen franchisee.
Can you make me please the pricing strategy or models used by lugaw queen? I am asking for this just for school purposes to identify some strategies of yours. Thank you so much!