No doubt that many Filipinos love to eat Japanese food and that is the reason why Japanese restaurants continue to thrive in the country. One of the well-known players in the Japanese food industry in the Philippines is Tokyo Tokyo.
Looking forward to having your own franchise of Tokyo Tokyo someday? Learn more about Tokyo Tokyo’s franchise fee and investment requirements as you continue reading below.
About Tokyo Tokyo
Tokyo Tokyo’s first restaurant in the Philippines opened on April 22, 1985 at the Quad Car Park (now Glorietta). From one store, the company has grown to more than 60 branches nationwide.
Tokyo Tokyo is famous for serving Japanese dishes together with unlimited rice. Some of their food offerings include:
- Beef Misono
- Prawn Tempura
- Pork Tonkatsu
- Red Iced Tea
If you are planning to franchise Tokyo Tokyo, then you must take note of the following franchise fees and other investment requirements.
Franchise Fee and Total Investment
The Tokyo Tokyo franchise fee is Php 1,200,000. In addition, franchisees need to pay a royalty fee of 5% and an advertising fee of 5% of gross sales.
Furthermore, franchisees must be ready to shell out around P10 Million for store construction and equipment. The store construction fee includes the following:
- Equipment Seating
- POS System
- Furniture and fixtures
- Leasehold improvements
The store area requirement is at least 160 sqm. The franchise term is for 10 years.
A Tokyo Tokyo franchise is inclusive of the following:
- Use of Tokyo Tokyo’s signature products and trademarks
- Continuous operational, training, and marketing support
- Handling of the requirements needed from planning to construction c/o Tokyo Tokyo
- Proven system with regards to opening and operating a chain of stores
As an aspiring franchisee, you must be ready with the following documents:
- Formal Letter of Intent
- Accomplished Application Form
- Location map of proposed site
The application form can be downloaded from their website. Fill out the form and email it to firstname.lastname@example.org.
Head Office: 80-82 RCC Building, Brgy. Obrero, Diliman, Quezon City, Philippines
Telephone: (02) 370 1396
Looking for other food franchises? Check out our Complete list of Philippine companies available for Franchising
Information and Photo Sources: Tokyo Tokyo Website (www.tokyotokyo.com.ph)