Aboy’s Restaurant started in February 1992 as a small eatery near the Burgos Public Market in Bacolod City. Aboy’s Restaurant initially catered to the offices surrounding the area and representatives of pharmaceutical companies based in the city. Serving mainly regular household recipes and grilled seafood, the restaurant slowly increased its clientele as news of its quality food and reasonable pricing spread among the residents of the city. Soon transient visitors of the city were dropping by to try the fine cooking that is becoming popular among Bacolod residents. In less than a year, they had to expand the original structure of the restaurant to accommodate more clients. People were literally lining up to have their turn during lunch hours. They later opened their evening operations and added more staff to sit more people.
After four years, they moved to a bigger and better location near the Goldenfield Commercial Complex where the Casino and hotels are located. Now with a total of more than 250 seating capacity, Aboy’s continues to attract not only the local residents of Bacolod but the visitors of the province as well. Some even say that they are already synonymous to Bacolod and that you have not been to Bacolod if you have not eaten at Aboy’s.
Today Aboy’s continues to strive to bring the fine cooking it has been known for and introduce new menu to cater to their growing clientele. Although it has seen the rise in the number of eateries with similar concept as theirs, coupled with the influx of fastfood chains in the city, it has managed to retain a decent number of clients and still are attracting new ones.
Aboy’s would like to share the growing success of their business through nationwide franchising.
How to Franchise Aboy’s Restaurant:
Franchise Fee: Php800,000.00
Aboy’s Restaurant Franchise Inclusions:
- Use of Trade Name and Proprietary Marks
- Use of recipes, ingredients and procedures
- Site Approval and Construction Supervision
- Training for Franchisee, Supervisors, Staff
- Procurement Program
- Pre-Opening Assistance
- Grand Opening Assistance
- Post Opening Assistance
- Operations Manual
- Research and Development
- Marketing and Promotional Assistance
Estimated Total Investment: Php6.0 Million
Initial Term: 8 years
Renewal Term: 8 years
Royalty Fee: 5% of gross sales
Required Space: 200 square meters
Steps to own an Aboy’s Restaurant Franchise
1. Fill-out the Confidential Questionnaire. Together with your Letter of Intent, send them to:
Aboy’s Restaurant Bacolod
Liroville Subdivision, Bacolod City
Cel.No. (63-917) 3000400
Tel.No. (63-34) 4352340
Email: [email protected]
2. We will review your application.
3. You will be invited to discuss franchise details.
4. We will present you the ABOY’S RESTAURANT BACOLOD Franchise Disclosure Information.
5. Your proposed location will be examined.
6. The Franchise Agreement will be executed.
7. Outlet set-up and staff training will commence.
8. We will provide pre-opening and marketing assistance.
9. Congratulations on your Grand Opening!
Contact Details of Aboy’s Restaurant:
Liroville Subdivision, Singcang,
Bacolod City, Negros Occidental, Philippines
Phone: (034) 435-0760
Mobile: (0917)300-0400
Email: [email protected]
or [email protected]
Website: www.aboysrestaurant.com
Facebook Page (This link will open on a new window)
Basics of Franchising Aboy’s Restaurant Bacolod
Franchising benefits
Franchisees gain access to a proven business model, established brand reputation, and ongoing support from Aboy’s Restaurant Bacolod, 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 Aboy’s Restaurant Bacolod is beneficial for the inverstors:
High success rate due to its business model rather than starting from scratch.
Franchising Aboy’s Restaurant Bacolod 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.
Aboy’s Restaurant Bacolod is a recognized brand or trademark that can bring you success.
Success is achievable for franchising recognized brands like Aboy’s Restaurant Bacolod 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 Aboy’s Restaurant Bacolod, 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 Aboy’s Restaurant Bacolod 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 Aboy’s Restaurant Bacolod
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 Aboy’s Restaurant Bacolod 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 Aboy’s Restaurant Bacolod.
4 Check if Aboy’s Restaurant Bacolod 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 Aboy’s Restaurant Bacolod franchise. Study the environment and see if your business suits the surroundings.
Successful frachising 101
Becoming a successful Aboy’s Restaurant Bacolod 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 Aboy’s Restaurant Bacolod franchisee.