Food Cart Franchise Advise

Please give your opinion and advise as I'm planning to get a food cart stall/cart but I'm not sure which one.

It's expensive...

Gaisano mall rent is 25,000 pesos for 1 food card and that's 3 months advance 3 months deposit or 150k

that's not counting malls like SM, Ayala etc. 

You need an investment of 250k for your OWN cart. If you add a franchise well they're cheap at 30k to 50k but point is the contract can be muddy sometimes. There's % sharing, franchise fee etc.

So you've got two choices, make your own food cart and spend on marketing, or franchise a popular food cart business but expect a slash in profits.

You also need a product that's going to sell at least 1,500 pesos a day if want to get a profit of approximately 5k a month.


Depends on your goal:

1. If you have a full time job and don't have time to develop a product and the system, you're better off with a franchise food cart. If you force to create your own brand, only two things can happen: 
a.) since you can't focus on it full time, it will take you ages before you develop your own brand and to market it
b.) mapapabayaan mo and your business will fail

2. If you have enough time or you decided to go full time, then you can develop your own. It'll require lower capital (no fees from franchise owners), you are free to be creative (you are in control) and you control the pricing. But take note --- it's not easy. It's actually more risky since the system is not yet tested.

As for my personal experience, I started with a ice scramble business I created along with my full time job. Through research and planning, it became a success (my location was very strategic, near 3 schools and since it's in a barangay, the rent was really low and my sales were very competitive). I decided to expand to different products and I realized it requires more time. Right now I just opened my 5th kiosk in a commercial area.

Good luck!

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Hello! This article has a franchising series you can start off with the basics: http://www.ffemagazine.com/franchisi...cart-franchise 

The sample costs are listed here pati websites we can go to for companies giving away a franchise.

I'm also planning to put up a franchising business with my hubbie and so far food cart is also our choice. Let me know what happened to your plan!