A lot of people will agree that breakfast is the most important meal of the day. As they say eat like a king at breakfast, eat lunch like a prince and dine like a pauper. With this, breakfast should be one wonderful meal as your day begins. With Tapa King, your kingly breakfast is just readily available. Their signature tapa has become an everyday staple not just for breakfast but all throughout the day. Tapa King is also for busy meat lovers, who still want to indulge in the classic homestyle favorite even while on the go. So, if you want to provide classic Filipino homestyle meals in your community, Tapa King is just the one you are looking for. Check out the franchising details below for more information.
Company Background:
Tapa King is the only specialized fast-casual Filipino tapa restaurant that upholds authentic Pinoy ways of cooking tapa and other Filipino favorite dishes. Recently, the company have updated its look and brand “feel” as they continue to offer the best products and services to make its customers feel at home.
Tapa King Franchise Details:
- Franchise Fee (Vat Exclusive) for Full Scale Store: PHP 900,000.00
- Security Deposit: PHP 400,000.00
- Royalty Fee: 6% of gross sales which covers ongoing support and field visits
- Franchise Terms: 7 years
- Minimum Floor Area: Eighty (80) square meters
- Franchise Capex: PHP 7M — 9M
- Expected ROI: 4 — 5 years based on franchise and company data
The estimated average investment for a Tapa King franchise for a minimum of 80 sqm starts at PHP 7,000,000 plus Franchise Fee of Php 900,000 (vat excluded).
Franchise Support and Inclusion:
Tapa King management will help you with:
- Feasibility study
- Engineering
- Store operations
- Brand management
- Human Resources
- Training
- Marketing
- Commissary
Franchise Investment Inclusion:
- Use of licensed trademark, name and logo
- Site selection and evaluation assistance
- Architectural design and construction assistance
- Pre-opening and start-up assistance
- Comprehensive Franchise Operations Manual
- Training on Management, operations and customer service
- Grand opening and local store marketing assistance
Franchise Application Process:
According to their website, there are six (6) steps outlined to apply as a Tapa King franchisee. Below are the detailed steps.
- Brand discovery and franchise offering
- Submission of Letter of Intent (LOI)
- Submission of the application and financial planning
- Payment of franchise fee and deposit which is non-refundable
- Securing of location, signing of lease and franchise agreement
- Opening of the franchise outlet
Tapa King Products:
- Frozen and Retail Items
- Tapa King Favorites
- Royal Meals
- Sizzling Tapa King
- Homestyle Meal Deals
- Good Morning Plates
- Homestyle Classics
- Party Packs
- Drinks
- Desserts
- Break Bites for snacks
Other Contact Details:
For more information for a Tapa King Franchise, check out the details below:
- Head Office Address:
Tapa King Inc.
16 Armal Compound, F. Legaspi St. Maybunga, Pasig City
- Office Hours: 8:00 am – 5:00 pm, weekdays
- Mobile Number: 0917 634 2062
- Trunk Line Number: 8888 8272
- Website: https://www.tapaking.com.ph/
To get you more excited with Tapa King, check out the pros and cons that have been identified so you will be sure that Tapa King is the right franchise concept for you
Pros:
- Stable company with its 30 years track record
- Offering authentic and quality products such as their signature tapa
- Fusion of home-cooked Filipino flavors
Cons:
- Initial investment is quite huge for start ups
- Possible location or site problems