How to Start a Nacho King Franchise in the Philippines
Nacho King is one of the pioneers of spreading Mexican food on the Philippines, through the distribution of their Nacho products. Learn how to become a part of Nacho King’s chain of franchises and the benefits it brings to you as a franchisee.
About Nacho King Franchise
It was April 1995 when Mike Singh and his high school best friend Teddy Manotoc first established their first Nacho King outlet in SM North, and through its growing demand and popularity, they later open doors for franchising in 1997.
Nacho King Franchise Site Requirements
Counter Top: 150-200 square feet. Additional 100 square feet might be required for offsite storage
Cart-Type Kiosk: 50-20 square feet
Mall Cart: 3-4 SQM
For undecided individuals, you may scout the following locations to help you decide where to establish your own Nacho King kiosk.
Sm Super Malls
Types of Nacho King Package Franchise
As of writing, there are no records of the other two Nacho King packages on Nacho King’s website, the only franchise package information they provided was the Mall Cart Type. You may reach through Nacho King’s to inquire for further information.
Recommended for: Fixed operating spaces which is ideally located at Malls
Package Cost: 580,000
Term Contract: 3 Years
Minimum Monthly Purchase of Products: 10,068
This package is Inclusive of:
Equipment & Accessories
Cart Crew Uniform
Complete Training & Manual
Initial set of Chips and Cheese
Nacho King International Franchise Procedure
Nacho King franchise management and interested parties will discuss details regarding the nature of implementing Nacho King as a business in the proposed country.
Submission of requirements
Reviewing the High-Level Master Franchise Proposal and signing an agreement of ‘what if scenarios’ and changes the company may undergo through further development such as changes of expenses and others.
Settling a non-refundable downpayment
The proprietor will assess the proposed location/country
Final review of master franchise proposal and finalizing requirements (staff training, opening dates, etc.)
Signing of agreement together with paying the fee for Nacho King Master Franchise.
The launch of Nacho King
Nacho King Franchising Procedure in Philippines
Sending your letter of intent
It usually takes two days for the letter of intent to be processed, after that, you will receive a list of Nacho King packages to choose from, their corresponding requirements and what you will need to become a franchisee.
Sending the requirements as a franchisee and needed documents for the chosen Nacho king package.
Expect to have an interview with the franchise management team, a day after it reached their office.
Your business proposal will undergo a feasibility study to determine the possible strengths and weaknesses. This assessment usually takes 21 days.
Surveying the proposed site location
Undergo a 1-day training
Receiving your chosen franchise package
30 Days- Flexi Cart
45 Days-Mall Cart
What you can expect as a Nacho King Franchisee
Reputable brand name
Provision of quality supplies and ingredients by the company
Tried and tested business system
Recruitment, training, marketing, and operating assistance
Fixed Royalty Fees
Cons of Nacho King as a Franchise
The term of contract is short lived with longest being 3 years
No assurance of pursuing the business further after 3 years, since renewal of contract is subjected by approval of management.