Franchising a business skips the hassle of starting a business from the ground up. Most of the planning goes to finding the right location with high traffic and ample space – especially with the need to practice social distancing.
When you franchise an essential business, like a grocery store or pharmacy, you won’t have to worry about closing shop in case of a sudden lockdown. These franchises are pandemic-proof, in that, people will always need your services no matter the situation.
Here are 8 essential business franchises you can explore with an initial investment of ₱3M or below:
1. GAMOT PUBLIKO – Up to P700K Total Investment
Franchise Fee: P120,000
Minimum Store Space: 15 sqm
Description: Established in 2009 with over 50 stores nationwide. Sells generic, affordable meds. It is one of the most affordable drug store franchises.
2. THE GENERICS PHARMACY – Up to P675K Total Investment
Franchise Fee: P300,000
Minimum Store Space: 15 sqm
Description: Established in 2001 with over 2000 branches nationwide. Focused on social responsibility to consumers and business profitability to franchisees.
3. H20 LIFE SOURCE – Up to P900K Total Investment
Franchise Fee: P250,000
Minimum Store Space: 7 sqm
Description: An alkaline water refilling station. Choose from a Counter Store, In-Line store, or Full Store. Investment for Counter Stores starts at P400,000.
4. GRAINSMART – Up to P1M Total Investment
Franchise Fee: P298,000
Minimum Store Space: 15 sqm
Description: A rice retailer. There are other franchise packages being offered to include other businesses such as water refilling and LPG retail stations.
5. BAYAD CENTER – Up to P1.2M Total Investment
Franchise Fee: P350,000
Minimum Store Space: 15 sqm
Description: A payment processing platform. Franchisees can earn from every payment transaction. Covers bills payment and remittances to airline ticketing.
6. GENERIKA – Up to P1.7M Total Investment
Franchise Fee: 210,000
Minimum Store Space: 15 sqm
Description: 8 years in the industry with a large inventory of generic drugs at low retail prices. Service includes store renovations.
7. ULTRA MEGA GROCERY STORE – Up to P2.5M Total Investment
Franchise Fee: P250,000
Minimum Store Space: 40 sqm
Description: A mini grocery and convenience store by Ultra Mega Multi Sales. Ideal for provincial locations and small cities.
8. EASY DAY SHOP – Up to P3M Total Investment
Franchise Fee: P250,000 + VAT
Minimum Store Space: 100 sqm
Description: A big-scale grocery franchise targeting mass-market consumers. Established in 2014.
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First Standard advocates for making the right move when it comes to profitable businesses. Partner with us with a business loan to open (or add) a franchise business to your portfolio.
