Jollibee is a Filipino fast food franchise with over 1000 stores globally, where half are run by franchisees. You need a $450,000 minimum net worth to open a franchise. The investment ranges from $450,000 to $800,000 to cover the franchise fee, construction, equipment, inventory, advertising, and operating costs. Profit margins are likely 15-20% in high traffic areas. You need 1500-2500 sq ft minimum. Jollibee offers marketing support to help franchisees succeed.
In the Philippines, the investment is 35 to 55 million pesos, which covers construction, equipment, furniture, air conditioning, and signage.
Jollibee enjoys over half the fast food market share in the Philippines as the most recognized and preferred brand.
McDonald’s franchise fee is $45,000, with a total investment of $1-2 million.
7-11’s fee in the Philippines ranges from 600,000 to 5 million pesos.
The Chick-fil-A franchise fee is only $10,000, considerably lower than McDonald’s fee of $45,000. However, Chick-fil-A covers all startup costs including real estate, equipment, and construction, but you do not own any equity. Chick-fil-A charges a 15% fee on sales plus 50% of the remaining pretax profit.
The average Chick-fil-A franchise makes $8.7 million in sales, with mall locations averaging around $2.7 million and non-mall sites making $8.6 million. Profit margins in high traffic areas are likely similar to what Jollibee offers, at 15-20%. Franchisees are expected to run restaurants full-time.
An initial investment of $10,000 liquid capital is required, but there is no minimum net worth needed. Opening costs range from $342,990 to $1,982,225, depending on the location. Owners must cover the franchise fee only, with Chick-fil-A paying for everything else.
Owning a Chick-fil-A franchise is competitive, allowing only 70-80 new spots per year. Applicants must demonstrate leadership and successful restaurant operation. Chick-fil-A also provides marketing support and handles purchasing.