National Bookstore Franchise: Fees and Details
The number one destination for schools and office supplies is without a doubt National Bookstore. The 200+ outlets across the Philippines houses a vast amount of items including stationery, art materials, books and more.
During the Franchise Asia Conference 2018, Xandra Ramos-Padilla announced that National Bookstore is open for franchising, and will be called NBS Express, a smaller outlet compared to company-owned sites, but have sufficient inventory of both school, office and book items.
About National Bookstore Franchise
National Bookstore has a long-standing history which dates back in the 1940s. At exactly 1942, Jose and Socorro Ramos-the founding owners of National Bookstore, established a small stall in Escolta. However, it was soon burnt during the Japanese occupation and was later reopened at Avenida, Rizal. In 1948, three years after its re-establishment the store was demolished by Typhoon Gene.
Truly, several misfortunes befall National Bookstore; Nevertheless, the owners overcame all of the adversaries and continue to pursue their business, a few years down the road and National Bookstore started to grow and slowly branch out to different parts around the Metro Manila and soon across the Philippines.
Today, with its 77 years of existence, National Bookstore became a big part in the Philippine market, recognized as the go-to shops by many when it comes to school and office supplies.
NBS Express Prospect Location
Together with the announcement of NBS Express, was the target locations the founders have in mind, which are sites with constant foot traffic like schools, churches, plazas and community malls.
While the ideal size area for the NBS Express is around 150 square meters, which is significantly smaller than a full-pledge store found in big malls.
Possible Cost of Investment and Franchise Fees
Initial Fee: 450,000
Contract Term: 10 years
Royalty Fee: 1% Gross Sales
Capital Requirement: 6 Million
National Bookstore Franchise Procedure
Step by Step Guide on Starting Your National Bookstore Franchise Business
- Send bio data together with a letter of intent
- NBEX reviews the franchisees application
- Invitation to discuss further the franchise details
- NBEX presents the franchise disclosure information
- Proposed location will be visited and checked thoroughly
- Receiving and signing of franchise agreement
- Settle the franchise fee upon signing of franchise agreement
- Start of outlet set-up and staff training
- Pre-opening and marketing assistance by NBEX
National Bookstore Franchise Inclusions
- Use of operation manual
- Research and Development
- Site approval
- Opening Assistance
- Training for franchisee and staff
- Procurement program
- Use of trademark
Advantages of National Bookstore Franchise
- Be part of Philippine’s largest and most well-known chain of retail book store.
- Stocks are non-perishable
- The items sold both have seasonal and everyday demand potential, which ensures continuous flow of customers.
- Contract term last for 10 years and is renewable upon mutual agreement.
- Marketing and operating assistance
Things to Consider Before Franchising National Book Store Express
- Ensure that the required capital investment is equivalent to the present resources you have available.
- Be sure to uphold to the terms of conditions set between the franchisee and the franchise.
National Bookstore Express Franchise Contact Details
To know more about NBEX franchise kit, fill out the form found at the bottom of this link.
Contact No.: 631-8061 to 66
Address: 125 Quad Alpha Centrum Bldg., Pioneer., Mandaluyong City.
