How to franchise jollibee in the philippines [2024 update]

Jollibee is one of the most popular fast food chains in the Philippines. If you’re thinking of starting your own business, franchising Jollibee is a great option. Here’s everything you need to know about how to franchise Jollibee in the Philippines!

Also, there are other ways to invest in Jollibee (with less capital), like investing in Jollibee stock. Additionally, you may be interested in some other franchise articles we’ve covered this year:

How to Franchise Dunkin Donuts in the Philippines 2022

Waffle Time: How to Franchise in the Philippines 2022

Table of Contents

What You Need to Know About Franchising Jollibee in the Philippines

Jollibee is a fast food chain that originated in the Philippines. The company was founded in 1978 and has since grown to become one of the most popular fast food chains in the country. If you’re thinking of starting your own business, franchising Jollibee is a great option. Here’s everything you need to know about how to franchise Jollibee in the Philippines.

Requirements for Franchising Jollibee

There are several requirements that you need to meet in order to be eligible to franchise Jollibee in the Philippines.

First, you must have a minimum capital of PHP 35-55 million.
Second, you must have a suitable location for your restaurant with a minimum floor area of approximately 200 square meters.
Third, you must be able to provide proof of financial liquidity and have a net work of approximately $5million.

Lastly, you must be willing to undergo Basic Operations Training Program (BOTP) at a designated store.

If you meet all of these requirements and are interested in franchising Jollibee in the Philippines, you can contact their corporate headquarters directly to find out more details about the application process.

The application Process of Franchising Jollibee in the philippines

If you meet all of the requirements listed above, then you can begin the process of franchising Jollibee in the Philippines. We have outlined the 8-step process of franchising Jollibee below:

Research the Jollibee franchise: The first step to franchising Jollibee is to do your research. This includes understanding the costs associated with franchising, as well as the company’s requirements.
Submit a Letter of Intent: Once you’ve decided that you’re ready to move forward with franchising Jollibee, you’ll need to submit a Letter of Intent (LOI). The LOI is a formal document that states your intention to franchise Jollibee.
Fill out the application form: After submitted the LOI, you will need to fill out the Franchise Application Form.

Pay the Application Fee: Once your application has been reviewed and approved, you’ll need to pay the non-refundable application fee.
Sign the Franchise Agreement: If your application is approved, you’ll need to sign the Franchise Agreement and pay the initial franchise fee.
Complete Training and Certification Program: Once you’ve signed the Franchise Agreement, you’ll need to complete Jollibee’s Basic Operations Training Program (BOTP). This program will teach you everything you need to know about running a successful Jollibee franchise.

Open Your Store! After completing the BOTP program, you’ll be ready to open your very own Jollibee store! Congratulations—you’re now a part of one of the most popular fast food chains in the Philippines!

Conclusion

Franchising Jollibee is a great way to start your own business in the Philippines. There are several requirements that you need to meet in order to be eligible for franchising, such as having a net worth of $5million and being willing to undergo training at a designated restaurant location. If you meet all of these requirements, then you can begin the process of franchising by submitting an online application form on Jollibee’s website today!

Frequently Asked Questions

What is the Jollibee Franchise Cost?

You must have a minimum capital of PHP 35-55 million which will cover the construction costs as well as franchise fees for Jollibee outlet. In addition, you must be able to provide proof of financial liquidity and have a net work of approximately $5million.