franchise asia philippines - virtual conference 2020

Red Ribbon

10/F, Jollibee Plaza Building, 10 F. Ortigas Jr. Avenue, Ortigas Center, Pasig City

BUSINESS LINE:

Retail

FRANCHISE FEE:

Php 600,000.00 (VAT exclusive)

ROI PERIOD:

3 years

TERMS OF FRACHISE:

5 years

RENEWAL:

Every 5 years

ROYALTY FEE:

7% of Gross Sales

MKTG/ADVERTISING FEE:

3% of Gross Sales

NO. OF STORES:

492 Stores (Company pwned: 190, Franchise outlet: 302)

NO. OF STORES:

492 Stores (Company pwned: 190, Franchise outlet: 302)

FRANCHISING SINCE:

1999

YEARS STARTED:

1979

TOTAL INVESTMENT

5M – 6M

WEBSITE:

www.redribbonbakeshop.com.ph

CONTACT PERSON:

MS. BRIGETTE DELIZO

DESIGNATION:

FRANCHISE DEVELOPMENT MANAGER

CONTACT NUMBER:

02 8 982–5000 LOC. 4152/4225
09989681055

EMAIL ADDRESS:


franchising@redribbonbakeshop.com.ph

BUSINESS PROFILE:

β€œOn March 2019, Red Ribbon Bakeshop celebrated its 40th year here in the Philippines. This milestone marks four decades of bringing joy to family and friends and making each occasion really special through its delicious, beautiful cakes. From its 1st store in Timog Avenue in Quezon City in 1979, Red Ribbon has grown to over 450 stores all over the country and 30 stores in the U.S.A. With its acquisition in October 2005 by Jollibee Foods Corporation, Red Ribbon entered a new phase in its company history and became extremely optimistic of its growth over the next years.”

Inquire Now