Palawan Express Franchise: Is it still open for franchising?
Transferring money is not an easy task, especially when you are far from home, and live apart from the three main islands in the Philippines. Hardship to provide for your family is more than enough of a reason for a certain chain of money remittance service to be established.
Indeed, Palawan Express is a one-stop shop for all money remittance needs! Not only that, but they are known for their expertise and consistent performance in the industry, with various branches popping up nationwide.
Wouldn’t you want to get in the offer of a lifetime too? If you want to know more about how to franchise this business, continue reading to know how!
History of Palawan Express Franchise
Palawan Express came to fruition first as a pawnshop as “Palawan Pawnshop”. Its first branch was run by a couple named Mr. Bobby and Mrs. Angelita Castro. It opened in Puerto Princesa City on the 17th of August 1985.
It originally ran as a pawn brokering business but expanded to include money remittance, which we now know as Palawan Express Pera Padala. For more than 30 years in the industry, Palawan Pawnshop has provided customers various services aside from remittance, such as foreign currency exchange, bill payment, e-loading, and accident insurance to all branches nationwide.
Palawan Pawnshop Services (PPS) group of companies handles both Palawan Pawnshop and the Palawan Express Pera padala chain in the country. Now considered one of the most consistently reliable, and fastest-growing pawnshops in the Philippines, Palawan Express and Palawan Pawnshop has a heritage and recognition of reliable service.
Palawan Express Vision: To be the customers’ choice and become the leading pawnshop and money remittance center in the Philippines
Palawan Express Mission:
- To provide our customers with the best products possible without compromising sustainability and profitability
- To remain true to our commitment that our customers’ pledged possessions are secure
- To commit that our money remittance is truly Mura, Mabilis, Walang Kuskos-balungos
- To share our success with our associates and provide them opportunities for career growth in an environment built on openness, trust and integrity
- To give back to the community part of our blessings in practice of our corporate social responsibility with emphasis on education, sports development and environmental protection
- To achieve financial, operational, and strategic goals while maintaining compliance with all applicable laws, rules and regulations
Palawan Express Guiding Principles:
- Offer to the public products and services that are better than those of our competitors
- Guarantee our customers the greatest customer experience.
- Promote a culture of honesty, fair play and compassion in all our corporate transactions
- Take care of our associates and treat them as family
- Consistently develop and fully utilize integrated and new technology
Corporate Social Responsibility:
- Palawan Express, and Palawan Pawnshop as a whole, has an advocacy that stems from a belief of strength from health – a healthy mind, a healthy body, and a healthy planet. Palawan Express believes that supporting these can transform lives – and our world. They share their blessings with their employees and the communities they service, and focuses on Education, Sports, and Environmental Protection.
- Education: The Palawan Pawnshop Scholarship program was established at Palawan State University in 1997 for excellent high school graduates who otherwise do not have the financial capability to attend college. They have awarded scholarships and hired associates. In 2015, they added Western Philippines University to their recipients and in 2016 awarded 60 scholarships. They also promote an “Adopt a School” program at local branches to support elementary education.
- Sports: In 2012, they began the Palawan Pawnshop Regional Age Group, which has expanded to legs in the different cities and provinces in the country. It is managed by tennis pro Bobby Mangunay, partnered with Slazenger and is promoted on its own website palawanpawnshoptennis.com.
- Environment: Palawan Pawnshop began on an island judged to be “the #1 Island in the World”. Located in the Coral Triangle of biodiversity, Palawan is blessed with abundance and beauty. But, without stewardship of our environment, it will degrade. It is Palawan Pawnshop’s duty to protect what we have been given, and Palawan Pawnshop affords each of the 36 Areas funding to act on this duty.
Is a Palawan Express Franchise a Possibility?
Unfortunately, Palawan Express has stopped accepting applicants for franchising. However, you may look forward into any opportunity that Palawan Express may be accepting franchises in the near future! Keep your eye on this page for future updates!
Contact Information
Facebook: Palawan.Pawnshop
Twitter: @ppspepp
Instagram: PalawanExpress
Palawan Pawnshop Head Office
Palawan Pawnshop Building, 170 Rizal Avenue, Brgy. Masikap, Puerto Princesa City, 5300
Telephone no.: 048 433 4110
Customer Service Hotline: (Globe) 0917-301-3868 / (Sun) 0932-850-8613 / (Smart) 0998-962-1869
Manila Regional Center
7263 J. Victor Street, Pio del Pilar, Makati City 1230
Telephone no.: 048 433 4110
Customer Service Hotline: (Globe) 0917-301-3868 / (Sun) 0932-850-8613 / (Smart) 0998-962-1869
Cebu Regional Center
Palawan Pawnshop Building, S. B. Cabahug Street, Estancia Ibabao, Mandaue City 6014
Telephone no. :(048) 433-4110
Customer Service Hotline: (Globe) 0917-301-3868 / (Sun) 0932-850-8613 / (Smart) 0998-962-1869
Advantage of Palawan Express Franchise
- A tried and tested business model of over 30 years provides guaranteed success
- Income can be earned from a franchise such as Palawan Express as there are repeat customers
Disadvantage of Palawan Express Franchise
- Management may be dictated in favor of the franchisor
- Location may depend on the interest of the franchisor