Siomai King Food Cart Franchise Details
For busy individuals and for those who are always catching up with time, taking it slow may not be a part of their vocabulary. This may also be true even during meal or snack time. Truly, every seconds count and wasting it waiting for food is definitely not a productive thing to do. Thus, if there are ways to make eating fast, affordable and most of all tasty, this will be the best dining alternative to offer to these individuals. Likewise, this is probably what is also in the minds of people who made the siomai – a Chinese food influence that is made up of a small ball of pork or beef covered in a light filo style pastry and steamed. With a choice of either a chili sauce, a light sauce and the Filipino soy sauce, the indulgence is truly delightful which can be an equivalent to one delicious meal. No wonder it is by far one of the most in demand snack treat seen on the streets and is even the fastest growing food cart or kiosk in the food industry. You would surely want another serving as it is very yummy and tasty. So, for those looking for business opportunities, the siomai is one great business concept to look into. You will never know where this great tasting snack treat will bring you. So, read on below for more interesting details.
History of Siomai King
Siomai King is owned by JC Franchising, Inc. It is a Philippine based company which was established in 2006 by two entrepreneurs named Jonathan So and Carlito Macadangdang Jr. Both business minded individuals saw the market potential of the food franchise business in the country and this led them to create their own franchising company. Among the many franchise products it offers to start up Filipino entrepreneurs, the siomai or their Siomai King is the most popular. The name of this franchise was originally referred to as the “Hari ng Siomai” (King of Siomai) as it is the first to conceptualize the five (5) pieces siomai in just one (1) serving. With the different flavors such as the hongkong, shanghai and the japanese siomai, one of these choices can serve as a quick, tasty and definitely an affordable meal (as it only costs P28.00 per serve) that one can indulge into anytime of the day.
Siomai King Food Cart Franchise Details
There is only one available franchise package if you are interested to become a franchisee of Siomai King. The package offered is very comprehensive and this includes the specific need for you to start a food business. Below is the detailed inclusions of the said package.
The Gold Package amounts to P168,888.00. The Package inclusions are the following: A refundable cash bond worth P40,000.00. The use of trade name and logo. The use of its business system. The company is offering a lighted company signage. It also includes the heavy duty stainless cart with cabinet, a stainless round steamer, an electric stove, the acrylic juice dispenser and its complete operating utensils. What is interesting is that there is also a free food tasting product worth P1,000.00. It also offers the availability of marketing collaterals, a comprehensive personnel training, opening assistance and its operations manual. Moreover, there is also an option of the use of submeter, breaker and rangehood if the franchisee deem needs it.
The regular cart or kiosk specs is as follows – Height: 7.2 feet; Width: 2.6 feet; Length: 6 feet
In terms of interested franchisee, the financial capacity of the franchisee should have at least a minimum monthly net income of P50,000.00 for one to be considered and be qualified as Siomai King Franchisee.
Advantages of Siomai King Food Cart Franchise
- Affordable franchise package
- Quality products
- Needs only a small area for its location
- Proven system and business model
Disadvantages of Siomai King Food Cart Franchise
- Only offers a limited variety of food
- Franchise package does not include operation expense