Franchises that are not worth your hard earned money $$$.

[wezz_zzew]

Survey lang.
During the franchise expo, I was enticed to invest my savings on one franchise.
But due to the hassle of getting permits from Government and Mall Owners, my wife and I decided not to pursue our ambition to leave the corporate world.
Blessing in disguise, those who availed the franchise(s) did not do well.

I will not mention the franchises names but below are the products that they sell.

1. Takoyaki
2. Mango Grahams
3. Fries with Drinks on a Cup

Possible reasons

1. Those takoyaki's are not authentic. Taste is different and the ingredients are mostly vegetables.
Original takoyaki has a strong flavor of squid. Still love the old "samurai" takoyaki.

2. Not advisable during cold weather months. Price is too much for just a simple mango, ice cream and graham.

3. Taste & Price. Although the competitor fries is a bit pricey, people specially children still like the taste and texture of the fries made by Potato Corner.

[_Cathy_]

Parang fad lang ang mango graham

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[tidus1203]

In general if the brand name is not very strong wala yan in most cases kayo na lang gumawa sarili nyong brand...

Dami nga nag franchise hoping for suckers to bite their pitch for a free ride... The real free ride is them having on you. Wala silang lost but you spend for everything and expand their reach.

[uls]

ay juice ko dami mga local franchise walang kwenta

nag umpisa lang sila ng ilan food cart maya konte nagbebenta na ng franchise

ang feeling naman nila

alam nila mabagal ang pera kung nakadepende lang sa food cart... mas mabilis pag magbenta ng franchise

kumbaga necessary first step lang ung mag umpisa ng ilan food cart

pero the real money is in selling franchise to suckers

[tidus1203]

Interestingly KFC is now opening for franchise... Now if you have the money these are the types you should gun for. Food carts wala yan waste of money if yan lang puhunan mo ikaw na lang gumawa sarili mong brand at sarili mong formula.

[wezz_zzew]

The Big M and Happy Bee is not also a guaranteed franchise.
I've seen some stores which closed down after a couple of years.
If you are familiar with La Huerta, Paranaque, you will remember that there is an M store in near St. Paul University which after 5 years nagsara din.
Same with the Happy Bee na pumuwesto naman malapit sa palengke. Not sure if mahina ba benta or hindi lang talaga puntahin ng mga tao dahil hindi din kasi maganda presentation ng resto.
Imagine, gumagamit ng CR nila madalas yung mga nagtitinda sa palengke.

[boybi]

Kahit naman Inasal, not guaranteed din. In trying to keep the price down, kawawa franchisees kasi tumataas food cost and other expenses.

[uls]

yeah kumbaga sa franchisees -- problema niyo na yan

alam ng mga franchiser mas mahirap ang trabaho ng franchisee

kaya they rather make money from licensing the brand than operating the stores themselves

less headache

-

si Trump nagbebenta nalang ung brand name niya sa mga developer kesa mag tayo ng sariling condos

[BlancNoir]

Add to that mga milkteh. (sorry Kags)

Macao - Pahina na

Coco - Mahina na, wala ng pila.

Chachago - Nag plateau na rin ata, pero bukas pa rin sila ng bukas.

[uls]

pansin niyo ang business goal ngayon hindi mag tayo ng business na kumikita

mag tayo ka ng business na puro hype pero wala profit or losing money pero super hyped

the goal is you wanna get the attention of the big boys

if you appear on their radar baka bilhin ka

yan ang goal

[tidus1203]

Add to that mga milkteh. (sorry Kags)

Macao - Pahina na

Coco - Mahina na, wala ng pila.

Chachago - Nag plateau na rin ata, pero bukas pa rin sila ng bukas.

Malakas pa din Coco pero depende sa branch. Mall branches malakas pa din (SM North, SM Megamall mostly SM Malls sa Ayala Malls mas hindi)... The rest yeah mas mahina na pinaka flat in their face is Tiger Sugar and The Alley...

[uls]

or mag attract ng angel investors / venture capitalists

bibigyan ka ng millions of $$$ to run a business that makes less money than it costs to keep it running

[tidus1203]

pansin niyo ang business goal ngayon hindi mag tayo ng business na kumikita

mag tayo ka ng business na puro hype pero wala profit or losing money pero super hyped

the goal is you wanna get the attention of the big boys

if you appear on their radar baka bilhin ka

yan ang goal

Lahat ngayon hype ang marketing strategy. Shake Shack and Panda Express comes into mind.

Other business na super saturated is unli Korean BBQs. I mean the big boys malakas pa din (Samgyupsalamat and Romantic Baboy). The rest are just scrapping for the same pie that is no longer growing but more entrants coming in... Lahat naman same same lang, the only difference sa 2 na yun sila nauna and they were very fast to franchise it out... Thus their branch count is too much for any new entrant to surmount. If nag iisip ka pa lang mag tayo ng unli Korean BBQ brand mo now lang forget it na. The time has past for it. It won't die pero slow down na yan dami na kalaban...

[uls]

lahat gusto gayahin ang ginawa injap sia

gumawa ng manok resto unli rice super expansion small margin dami customer

hindi ma-ignore ng jollibee (the big boy)

binili

instant billionaire si injap

#goalz

[wezz_zzew]

Isa pa yang Milktea craze na yan. Nung una grabe pila sa Macao pero ngayon iilan na lang din.
Coco medyo malakas sa mga SM Malls. I know kasi hindi nakakaligtaan ng wife o bumili nyan pag nasa Southmall or Lucky Chinatown kami.
I don't understand why people is so crazy about the local samgyup eh ang layo layo naman sa authentic korean.
If they realy want samgyup, they should try AWON. Yun ang masarap talaga.

[tidus1203]

Isa pa yang Milktea craze na yan. Nung una grabe pila sa Macao pero ngayon iilan na lang din.
Coco medyo malakas sa mga SM Malls. I know kasi hindi nakakaligtaan ng wife o bumili nyan pag nasa Southmall or Lucky Chinatown kami.
I don't understand why people is so crazy about the local samgyup eh ang layo layo naman sa authentic korean.
If they realy want samgyup, they should try AWON. Yun ang masarap talaga.

Cause Pinoys love All You Can Eat cocnepts maskin low qualiy. Tignan mo the VVV restos they stand the test of time. Cabalen too maskin trash still strong. There are other trash buffet like Tramway pero lagi daming tao... People here love to eat unrestricted for a fixed rate feel nila masusulit nila... So even if you give them fatty parts of meat and cheaper cuts basta the idea they can eat to their hearts content bebenta yan...

[wezz_zzew]

Cause Pinoys love All You Can Eat cocnepts maskin low qualiy. Tignan mo the VVV restos they stand the test of time. Cabalen too maskin trash still strong. There are other trash buffet like Tramway pero lagi daming tao... People here love to eat unrestricted for a fixed rate feel nila masusulit nila... So even if you give them fatty parts of meat and cheaper cuts basta the idea they can eat to their hearts content bebenta yan...

Not exactly. Pinoys love the attention they get when they posted it on their social media account.
They are not paying because they can eat unlimited, they are paying because they want to show their friends that they can afford it. I am guilty because I am one of those 1 Rice per Meal Guy and showing off is the only reason why I eat on unlimited restos.

[BlancNoir]

Who flexes on samgyup restos and non-hotel all you can eat restos?

Mag flex kayo sa ruby jack's, china bleu, spiral, and etc. lol

[tidus1203]

Not exactly. Pinoys love the attention they get when they posted it on their social media account.
They are not paying because they can eat unlimited, they are paying because they want to show their friends that they can afford it. I am guilty because I am one of those 1 Rice per Meal Guy and showing off is the only reason why I eat on unlimited restos.

Talaga e mura lang naman yan e... You wanna flaunt on what you eat? Go to Spirals... Yun unli na sosi pa...

[shadow]

Huwag na kasi magpabola sa mga influencers. They're being paid to hyped products and service. Hahaluan pa ng mga millennials eh di nabola na lahat.


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