Frequently Ask Questions

 

1. HOW OLD IS YOUR COMPANY?
Master Siomai foodcart started on march 2007.

2. NUMBER OF OUTLETS
As of April 2012 we have 600 franchised outlet and 20 company own outlet, most of our outlets are in Luzon, but we started to open franchised outlets in visayas and mindanao as of April 2010.

3. FOOD COST
VERY LOW FOOD COST. P16-17 COST PER SERVING ST 25 SELLING PRICE PER SERVING. THAT IS 32-35% GROSS PROFIT RATE.

4. RETURN OF INVESTMENT( ROI )
There is no specific time, ROI may vary. but the fastest recorded ROI is 3 weeks, some are 2 months, 6 months. Factors to consider are: sales, location, crew performance, and the most important is your management.

5. TRAINING
HANDS-ON TRAINING OF CREW IN ONE OF OUR OUTLETS.

6. FOR HOW LONG IS THE CONTRACT?

THREE (3) YEARS CONTRACT, RENEWABLE FOR ANOTHER THREE YEARS AT 50% OF FRANCHISE FEE AT THE TIME OF RENEWAL.

7. WHY SHOULD I CHOOSE MASTER SIOMAI AS MY PARTNER IN BUSINESS?

Food is meatier and tastier,patronized by A,B and C consumer, we have 3 variants of siomai, pork and shrimp, japanese, and beef.

• Elegant Japanese inspired foodcart
• Affordable selling price
• Low food cost, so it means fast return of investment
• No royalty fee

8. STEPS IN FRANCHISING

visit our website www.mastersiomai.com, look for "Franchising"

9. PRODUCT AND SUPPLIES DELIVERY

DELIVERY SCHEDULE IS TWICE A WEEK. DELIVERY WITHIN METRO MANILA IS FREE OF CHARGE.

WE SUBSIDISE P250.00 FOR EVERY P10,000.00 WORTH OF PRODUCT AND SUPPLIES FOR BUS FARE ON PROVINCIAL DELIVERIES.

10. TERMS OF PAYMENT FOR PRODUCT AND SUPPLIES

CASH ON DELIVERY OR DATED CHECK.

11. ARE YOU OPEN TO FRANCHISING IN VISAYAS AND MINDANAO?

Yes, we are now open for franchise in Visayas and Mindanao, also in Leyte, Samar, Bacolod, Iloilo and other Panay Island.

12. DO YOU HOLD SEMINARS FOR THOSE WHO ARE INTERESTED TO FRANCHISE?

WE DO NOT CONDUCT SEMINARS FOR THOSE WHO ARE INTERESTED. FOR INQUIRIES PLEASE VISIT www.mastersiomai.com OR CALL (02) 282-49 41, (02) 351-18 54 - AMIE OR RIZA

13. ORIENTATION OF NEW FRANCHISEES

WE WILL ORIENT THE NEW FRANCHISE BEFORE OPERATION.

14. HOW ABOUT BUSINESS NAME? PERMITS AND LICENSES?

You will apply for your own business permits such as DTI, Barangay permit, Mayors permit, and BIR.