AQUABEST | Philippine Franchise

To become an AQUABEST franchisee, start by contacting them directly. You can find contact information on their official Facebook page or the Philippine Franchise Association (PFA) website. AQUABEST often hosts free online or face-to-face franchise seminars, which can provide more details about the franchise and the process. The capital investment for an AQUABEST franchise typically ranges from Php 600,000 to 800,000, and the franchise fee is Php 100,000, according to the PFA.

Here's a more detailed breakdown of the process:

1. Contact AQUABEST:

Visit their official Facebook page or contact them through the phone number provided.  You can also find contact information on the PFA website.

2. Attend a Franchise Seminar:

AQUABEST offers both online and face-to-face seminars, which provide valuable information about the franchise, including the investment required, the franchise fee, and the support they offer to franchisees.

3. Understand the Franchise Requirements:

Capital Investment: You'll need to invest between Php 600,000 to 800,000.  Franchise Fee: A one-time fee of Php 100,000 is required.  Term of Agreement: The initial franchise agreement is typically for 3 years, and you can renew it for another 3 years, according to the PFA.  Location: Consider the location of your potential franchise, as it can impact your business success.

4. Complete the Application:

Once you have all the necessary information, you'll need to complete the application process, which may involve submitting financial documents and completing a business plan.

5. Get Approved:

AQUABEST will review your application and determine if you meet their criteria.

6. Sign the Franchise Agreement:

If approved, you'll sign a franchise agreement outlining your responsibilities and the support you'll receive from AQUABEST.

7. Start Your Business:

With the franchise agreement in place, you can start setting up your AQUABEST water refilling station.

Aquabest is primarily known for its founder, Carson Tan. He is the President and CEO of the company, which was founded in 1997. Aquabest has grown to become one of the largest water refilling station chains in the Philippines, with over 700 stores nationwide.

Additionally, Carmela Liwanag is also listed as an owner and franchisee, as indicated on her LinkedIn profile.

The franchise cost for a water refilling station can range from Php 50,000 to Php 100,000, depending on the franchise brand and the specific franchise agreement. In addition to the franchise fee, a capital investment of at least Php 500,000 is generally needed for equipment and setup.

Here's a more detailed breakdown:

Franchise Fee: This is a one-time payment to the franchiser for the right to use their brand and business model. Livingwater Station has a franchise fee of Php 50,000, while Crystal Clear charges Php 100,000.  Capital Investment: This includes the cost of equipment like water purification systems, storage tanks, filling machines, and potentially the cost of a store or a space to operate from. A basic setup can be started with around Php 200,000, but a more comprehensive setup with better equipment and potentially a better location might require up to Php 500,000 or more.

Factors Affecting Cost:

Franchise Brand: Different brands may have different franchise fees and capital investment requirements. Location: A prime location may require more capital investment than a less desirable location. Size and Scope: The size of the refilling station and whether it includes additional services like water delivery may also affect the total cost.