Market Market Hong Kong Style Noodles

When I have enough funds to open a business, I would invest on the Hong Kong Style

Noodles franchise. I’ve tried their products, observed their branches, talked to their customers, went to Antel Global to visit Francon Inc. for FIRST HAND franchise information, studied their business (ROI, contract, etc). I am impressed.

HISTORY

Flavored Rice Box, the food stall where they mix the rice and meat with peas corn and carrots, sauces, and then serve in a small take away box? I’m sure you’re already familiar of it. Hong Kong style noodles is just one of their products.

Of what I understand, because people were into the ‘rice box’ idea, the owners went ahead and introduced other products. Flavored Rice Box introduced the Rice Toppings (that’s another franchise idea you may consider) and Hong Kong Style Noodles. Since the business was doing so well, they must have decided to branch out into separate business/franchises. So… it’s not just Hong Kong Style Noodles… it’s actually Flavored Rice Box’s Hong Kong Style Noodles.

THE BUSINESS

Food is clean, filling, and very affordable. For 36 pesos you can already have a filling snack of noodles, siomai, and gulaman. They serve fast and the quality of the food is good. The bean sprouts and the noodles they use looks and smells fresh.

The service people were pleasant while trying to accommodate several people in line. Surprisingly even if there are a lot in line, their service is fast. Haven’t heard negative complaints from the customers eating with us.

FRANCHISE INFORMATION (Yes they do franchise!)

Just for clarification the franchise fee is 180,000 pesos. That amount already includes 10,000 pesos the reservation fee for location or area, and the rest of the amount to be paid upon signing of contract. The franchise fee already includes the name of the franchise, transfer of technology, business system, marketing assistance, pre-opening assistance, grand opening assistance, post opening assistance, operational manual, recruitment and training of personnel, and a junior cart. You also have to reserve about 50,000 pesos or even more for the rent location (if you’re going to place it in the mall of course that’s a lot - that’s why it’s better to assign it to a ‘more public’ place like a terminal ??), and initial inventory.

According to Francon, you can earn as much as 99,000 to 150,000 pesos per month… well that’s just the gross income. Of course, after subtracting the possible expenses per month (which include salaries of 2 people, rent, supplies, utilities, and a 2% royalty fee) net income is about 19,000 to 37,000 pesos per month. Just like any business major factor is location, location, location… quantity and quality. Payback period or return of investment would be approximately 10-12 months. It looks achievable!!!

REQUIREMENTS AND QUALIFICATIONS:

1) Send a letter of intent indicating preferred areas to the address below:
Franchise Manager
Francon Inc.
21st floor Unit 2109
Antel Global Corporation Center
Dona Julia Vargas Ave. Cor. Meralco Ave.
Ortigas Center, Pasig City

(by the way their phone numbers are 6372309 6372316 6372393)

2) Be interviewed - they’re gonna verify if you’re Filipino, of legal age, and has adequate financial capability

3) Fill-up a franchise information sheet

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