The franchising in the food industry is booming nowadays in the Philippines. It’s highly recommended to invest your hard-earned money by franchising a reputable business here. Filipinos love to eat and always want to try everything. Colonial mentality also brings the idea of tasting and loving those international foods like Japanese foods. Different cuisine that adds to the choice of tastes buds of some of us and also a good investment. So, if you are planning to invest, try to look at this Japanese restaurant- Rai-Rai Ken Ramen.
History of Rai Rai Ken Ramen
Rai Rai Ken used to be a Tea House and owned by Mr. Benjamin Garcia. Through his product research and hard work, the restaurant is now one of the well renowned casual Japanese Restaurants in the country. Rai–Rai Ken originated from the country of old China. The name of the establishment originates from the word “Rai–Rai” which means welcome and “Ken” which means restaurant in Chinese and Japanese languages. Japanese people developed this further into an authentic fine food concept and experience.
The company aims to continuously serve the customers appetizing genuine Japanese dishes that are affordable in price. Udon, Ramen, Donburi, Bento, Sushi, salads, and Sashimi are the menu selections.
You can find Rai Rai Ken Ramen in multiple locations and malls in Metro Manila and Metro Cebu.
Rai Rai Ken Ramen Franchise Packages
Required Minimum Space: 50 -70 square meters, should be on Ground Floor and high traffic commercial/residential area and accessible to pedestrians and motorists.
Franchise Fee: P1 Million (Additional P500,000 For each succeeding 100 sq/m)
Contract Term: Seven (7) years, renewable
Estimated Investment P4M to 7M
Royalties: 5 % of gross sales
Advertising Fees:
- 2 % of gross sales (System-wide)
- 1% of gross sales (local store marketing)
Rai Rai Ken Ramen Franchise Inclusions
- Permit to use Rai Rai Ken name, Trademark, and Systems
- Site Selection approval
- Rai Rai Ken Classroom and Hands-on Training for their Staffs
- Pre-opening and Opening assistance
- Confidential Rai Rai Ken’s Operations Manual
- Ongoing support, business consulting, and field visits
- Marketing and Advertising support
- Right to use Rai Rai Ken‘s exclusive own products and supplies at wholesale prices
- Permission to approach Rai Rai Ken’s accredited suppliers and contractors at discounted rates
Advantages of Franchising a Rai Rai Ken Ramen Store
- High success rate due to its business model rather than planning over and over again and starting from scratch. You just follow the system and everything will go with the flow.
- It is a recognized brand or trademark that can guarantee you success. Customers trust the brand name and all its franchise partners wherever it is located.
- If success formulas are met such as low-cost supplies, proper placement, and good marketing techniques. Suppliers will have the privilege of the franchisee to have more discounts than the other same store name enjoys.
- Customers usually rely on a good brand name and products.
- Franchisees may be more talented and adept at growing the business and turning a profit than employees
Disadvantages of Franchising a Rai Rai Ken Ramen Store
- Loss of control. Even if they have the authority to use a system, trademarks, assistance, training, and marketing, the franchisee is required to follow the system and get the approval of changes with the franchisor. Bad advertisement or publicity in one store will reflect all franchisees.
- High initial investment. The franchisee needs to provide capital that will suit the required package.
- Changing the trend and taste of Filipinos. Not all Filipinos eat Japanese foods and choose the native one. The company will need to adapt also and develop some menu that can suit everyone taste.
- The variety of products is limited. It must follow the guidelines of the store.
- Sharing confidential data with franchisees is risky if they are not fully committed to the business
Contact Details
Facebook Page: www.facebook.com/RairaikenOfficial
Email: jonathan_estavillo@yahoo.com
Phone Nos.: (02)889-3664, (02)885-7912, (02)536-5002
Fax No.: (02)522-9463, (02)706-5538
Location: 2877 Finlandia St., corner Newton St., Makati City, Philippines
Contact them also through RK Franchising Consultancy:
Manila Branch:
Email: rk@rkfranchise.com, rkfranchiseconsultancy@yahoo.com
Phone nos.: (02)912-2946, (02)912-2973, (02)955-0734
Fax no.: (02)911-1966, (02)912-2973
Cebu Branch:
Email: rkcebu@gmail.com
Phone nos.: (032)253-5010, (032)254-0473
Location: RK Franchise Consultancy Inc., G/F Minnesota Mansion, 267 Ermin Garcia St., Cubao, Quezon City, Philippines
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