Franchise Jollibee: Learn How Much it Costs
About Jollibee
Starting in the Philippines in 1978, Jollibee has endured massive success by offering affordable, flavorful food to everyone who walks through the door. With only about 1,300 franchised stores worldwide, Jollibee is still one of the most successful franchise concepts in the world.
Jollibee Franchise Costs: Everything You Need to Know
Jollibee, a Filipino multinational fast-food chain owned by Jollibee Foods Corporation (JFC), operates over 1,000 locations worldwide, with more than half run by franchisees. Despite this growth, demand still remains strong, and there are opportunities in both domestic and international markets.
The company seeks franchisees who are:
- Goal-driven
- Self-motivated
- Skilled leaders
- Possess strong interpersonal abilities
How to Open a Jollibee Franchise
According to TopFranchise.com, opening a Jollibee restaurant franchise requires:
- Starting Capital: $450,000
- Franchise Fee: $250,000
Important considerations before investing:
- Real estate costs
- Licenses and permits
- Equipment expenses
- Uniform costs
- Maintenance
- Insurance
Pro Tip: Thoroughly evaluate your prior business experience before applying to become a franchise owner.
Jollibee Franchise in the USA: Is it Worth the Investment?
Key Insights:
- Recently opened its 101st restaurant in the U.S.
- North America is a key market for continued expansion
- Not yet considered a mainstream franchise in the United States
- U.S. franchise fee: Almost $800,000
Caution: Investing may not be wise for every entrepreneur. Carefully consider your financial capabilities and business goals before committing to a Jollibee franchise.