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 and possess strong interpersonal abilities.
How to Open a Jollibee Franchise
According to TopFranchise.com, you need to have a starting capital of $450,00 to open a Jollibee restaurant franchise. This includes the franchise fee, which is listed at $250,00. It's important to always consider the investment required for a franchise, including real estate costs, licenses and permits, equipment, uniforms, maintenance, insurance, etc. Along with significant costs, you should thoroughly evaluate your prior business experience before applying to become a franchise owner.
Jollibee Franchise in the USA: Is it Worth the Investment?
Recently opening its 101st restaurant in the U.S., The Jollibee Group considers North America a key market for continued expansion through franchising and organic growth. With that in mind, Jollibee has come a long way but they are not yet considered a mainstream franchise in the United States, and with a franchise fee of almost $800,000 in the U.S., it's hard to say that investing is a wise idea for every entrepreneur.