Family Mart Franchise – Franchising is one of the easiest ways to launch a business especially when you have enough capital. This is one of the most rewarding investments especially if you have chosen a brand that already has an established name and have gained the trust of many consumers for years.
One of the most common businesses franchised here in the Philippines are food, clothing and convenience stores. And just a few years back, a Japanese convenience store franchised out in the country – FamilyMart.
Today, it is one of the formidable competitors of 7-Eleven and Ministop, considering that it has been labelled as the world’s second largest convenience store chain. It already has open thousands of branches in many other countries in the Southeast Asia and is now looking forward to opening more in the Philippines.
If this is also a business you would like to consider, here are some of the most important things you need to know to start a Family Mart Franchise.
• You need to be at least 25 years old as a store operator, and must have a bachelor’s degree in college if you will be the sole owner. If this is going to be a corporation, the person who owns majority of the shares is required to attend the training. The franchisee must have the financial capacity to afford the franchise.
• Process the application by submitting the requirements which include your resume and letter of intent, the accomplished application form and certification from the franchise orientation. You will also have to undergo an interview with the franchise manager and will be required to submit your financial documents.
• You will also be required to conduct a market study which you will have to submit to the panelist so they can decide for the approval of your application. Once approved, franchise documents will be issued and you will undergo a training program for a month before officially opening the store.
• As for the total cost of the investment, you will have to have at least 4 to 8 million pesos. It may be a bit of a big capital but you are expected to be rewarded of your return of investment in a matter of just 4 to 6 years. For more information regarding the application, you may visit their Facebook page https://www.facebook.com/familymartph.
Contact Details of FamilyMart:
FAMILYMART (PHILIPPINE FAMILY MART CVS, INC.)
G/F Alco Bldg., 391 Sen. Gil Puyat Ave.,
Makati City, Philippines