Pizza lovers are in for a treat especially if it is easily accessible and affordable. To satisfy these cravings, a Greenwich franchise is just what you need. Choosing Greenwich as your franchise concept will surely be a good investment. The brand is now known as one of the country’s biggest pizza chains and is the staple household brand for great tasting pizzas (and even pasta). What is most interesting is that Greenwich goes beyond the average pizza chain and offers an enjoyable combination of delicious food, a comfortable ambience and friendly service. Hence, once can never go wrong with a Greenwich franchise. Check out the franchise details below for your reference.
Greenwich Franchising Details
· Investment Requirement: Ranges from Php 17 Million to Php 22 Million depending on the final store type & size. The size of the property required is dependent on the store model that will be developed in a particular market.
· Floor area requirement: 180 square meter to 235 square meters
- Royalty fee: 5% of gross sales
- Advertising Fee: 5% of gross sales. This fee will be used to provide the franchise store with support services (e.i mass media advertising)
- Franchise term: 10 years and is renewable, depending on the performance of the franchisee and the store.
- Preferable Sites: The site should be located in high foot traffic commercial or residential areas, accessible to both pedestrians and motorists
- Once a site is ready for construction, expect the store to be fully operational in 45-60 days
Franchisee Qualifications:
To be qualified as a Greenwich franchisee, you should meet the following qualifications:
- should have the financial capability to support and grow the business
- must possess entrepreneurial business capability in pursuing a long-term business partnership with Greenwich
- has the capability and the commitment to undergo the required training programs for the business operations
- must possess good moral character with sound business repute in the community where the applicant resides and does business
- should be dynamic, success-driven entrepreneur
- should possess the capability and willingness to learn the business
- should enjoy working, communicating and relating with employees and customers.
- past restaurant management may be helpful, but Greenwich does not require previous franchise or restaurant experience.
Franchise Investment Inclusion:
The investment includes 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
Franchise application Process:
The following are the needed documents if you are interested to become a Greenwich franchisee:
- A Letter of Intent
- Vicinity Map of Proposed Site
- Legal document certifying applicant’s ownership of the site (optional)
- Detailed resume or biodata
· All these documents should be submitted through:
Mail: Franchising Unit
29th floor, Jollibee Plaza, F. Ortigas Jr., Ortigas Center, Pasig City
Email: franchising@greenwich.com.ph
Other Contact Details
For more inquiries, you may call or email:
- Contact no. (02) 634-1111 loc. 4616/4614
- Email: franchising@greenwich.com.ph
- Website: https://www.greenwich.com.ph
To know the advantages and disadvantages of having a Greenwich franchise the following pros and cons list are identified below:
Pros
- Guaranteed income as sure market is established
- Quality products and proven business system and method
- There is pride to be one of the Greenwich franchisees
Cons
- Rigorous application process as your financial capabilities should be proven
- Possible location problems since the market might have been saturated by pizza chains
- Huge investment capital needed
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