Mister Donut Franchise; It was in 1982 when Mister Donut was introduced in the Philippines. It is one of the most popular food brands, in fact more than 2,000 shops are now available throughout the country. Their baked products including donuts are bestsellers and bringing smiles among Filipinos.
The first thing that you should do if you’re planning to be a Mister Donut franchisee is to submit a Letter of Intent addressed to the Senior Operations Manager. The letter should be duly signed and contain pertinent information including:
- Address, email and contact number of the applicant
- Site pictures
- Proposed vicinity map and location address
However, prior of submitting your letter of intent, you should look first for a location that has high foot traffic. This way, you can expect more sales and better return on investments. You should consider locations such as:
- School canteens
- Public transport terminals
- Public market
- Shopping malls
Advantage of franchising Mister Donut
Franchising Mister Donut has a great advantage because it is an established brand in the market. It is easy to operate and requires low startup investment. It also requires minimal space, but may vary depending on the cart size.
You can expect good flow of sales because of its strong TV advertisements and product development. The company also offers training support and subsidy allowances.
How much does it cost for a franchise?
If you want to invest in a Mister Donut Franchise, you should prepare an initial investment. The Franchise fee for any type of shop is Php220,000, but does not include the cost of actual set-up. It covers four consecutive years but is non-transferable and non-refundable.
On the other hand, the total investment varies on the type of shop suitable to the proposed location. Choices of shops include take-out booth, dine-in shop and take-out shop.
The franchise term is renewable for those franchisee that has good standing. The franchisee is granted another four years and 50% discount for the current franchise fee. On the other hand, if the franchisee wants to terminate the franchise agreement, the investment will not be refunded excluding the security deposit.
The potential income that a Mister Donut franchisee can make depends on many factors. But, to meet your business goals, you must continue to improve the quality of the services and products while reducing the operation costs.