HOW TO APPLY FOR GREENWICH FRANCHISE – Are you thinking about franchising a branch of the popular pizza restaurant chain Greenwich?

Are Greenwich pizzas among your favorite and you believe in the capacity of the food business? You might be thinking about having it as a business. There are a lot of important details that you must know.

Guide on Greenwich Franchise Cost in the Philippines & the Inclusion of the Investment Package

GREENWICH FRANCHISE COST PHILIPPINES – You can check here a guide on how much you must prepare in franchising the popular pizza restaurant.

In the Philippines, Greenwich Pizza is one of the fastfood restaurants that have hooked a lot of loyal customers. It has branches in most shopping malls in the country and many people love its food — from the pizzas with different delicious flavors to an Italian-style spaghetti to crispy fried chicken and a lot more.

Greenwich is one of the top fastfood chains in the Philippines. Meanwhile, it is generous enough to share the brand through franchising. The franchise offer is also a huge contributor in its wide presence across the nation.

How much is the Greenwich franchise cost in the Philippines? The fastfood restaurant offers a full store franchise and you can check the estimated range of fees and the investment package inclusions below.

According to the fastfood restaurant, the total Greenwich franchise cost in the Philippines may range between Php 15 million to Php 31 million. The final cost is dependent on the type and size of store.

Greenwich stated that the size of the property will be based on the store model that will be developed while the floor area requirement will range from 60 square meters to 150 square meters.

The franchise fee set by Greenwich is at Php 1.2 million and it is already inclusive of the Value Added Tax (VAT). For the Royalty Fee and the Advertising Fee, they are equivalent to 5% of the gross sales.

With regards to the return of investment or ROI, according to Greenwich, the estimated ROI is between four (4) to five (5) years. The investment package is inclusive of the following:

• initial set-up fee
• design fees
• construction cost
• equipment and facilities
• furniture and fixtures
• air-conditioning system
• signage
• pre-opening expenses (training hours of crew and managers)
• initial inventory
• initial hiring selection

The franchise term is 10 years. It is renewable depending on the franchisee and the restaurant’s performance. The construction duration may vary but the store is expected to be fully-operation in 45-60 days since the site is ready. Here are the requirements in applying for a franchise:

• letter of intent
• vicinity map of proposed site
• detailed resume or biodata.
• legal document certifying applicant’s ownership of the site (optional)