The Philippine Star

Mister Donut rolls out trike micro-franchise

-

Mister Donut Philippine­s is opening its doors to more Filipino micro-entreprene­urs in this time of pandemic with the rollout of its Mister Donut On Wheels in trike format.

For a minimal investment of P185,000, Filipinos can now operate their own Mister Donut franchise and reap the benefits of being part of a strong global brand that continues to innovate to make sure its franchisee­s are optimizing their business.

Cherryl Carino, franchise management head at Mister Donut Philippine­s, said the P185,000 investment would even be lower if the interested franchisee already has an existing motorcycle that fits the trike specificat­ions.

“This year, Mister Donut introduced a micro-franchise format to the market through the MD on Wheels Tryke. As the entire nation bounces back, Mister Donut aims to help those who would like to start a business but with a limited budget,” Carino said. The Mister Donut On Wheels Tryke is ideal for semi-urban and rural areas and recommende­d for entreprene­urs who have not secured locations yet.

“In these times when the best location is near communitie­s, and the best strategy is selling near where your customers live, the MD Tryke is a good option to consider. Cost of investment is also ideal for those who are choosing business venture options based on a budget,” Carino noted.

The MD Tryke can also be used to complement other franchise formats of Mister Donuts, basically to allow franchisee­s to serve their surroundin­g communitie­s better. A regular franchise package starts at P310,000 for a four-square meter kiosk and is ideal for entreprene­urs whose proposed locations are in prime areas.

A Business Trial Package, meanwhile, is being offered at a start-up investment of P100,000, with half of the amount refundable in case the site chosen by the franchisee did not meet the profitabil­ity metrics set by the company over a period of three to six months.

“Mister Donut has been one of the strongest players in the franchisin­g industry here in the Philippine­s. The first franchised store that opened in 1983 is still operationa­l, along with the many Mister Donut stores that opened in the 80s, 90s and beyond. We encourage interested entreprene­urs to email us at fms@misterdonu­t.ph to inquire and to get the complete requiremen­ts,” Carino said.

Newspapers in English

Newspapers from Philippines