To apply for a Yellow Cab franchise, prospective franchisees should first familiarize themselves with the required qualifications, including financial stability, experience in food and retail, and a strong network in the trade area. Next, they should research the Yellow Cab franchise model and understand the investment involved, which includes initial store supplies, merchandise, construction, and lease deposits. Finally, they should submit their application to Max's Group, who owns the franchise.
Detailed Steps:
- Research and Familiarize Yourself:
Understand the Yellow Cab business model and its requirements.
Review the franchise agreement and terms.
Learn about the specific franchise packages available.
- Assess Your Qualifications:
Ensure you meet the financial requirements, including net worth and liquidity.
Consider your experience in the food or retail industry, as this is a preferred qualification.
Evaluate your ability to manage a restaurant and provide quality customer service.
Assess your network and ability to establish connections within the trade area.
- Prepare Your Application:
Gather the necessary documents and information as requested by Max's Group.
Clearly outline your financial capabilities and business experience.
Demonstrate your understanding of the Yellow Cab brand and its values.
- Submit Your Application:
Contact Max's Group to inquire about the franchise application process.
Follow their instructions for submitting your application and supporting documents.
- Follow-Up and Expect a Response:
Be prepared to follow up with Max's Group to inquire about the status of your application.
Understand that the franchise approval process may take time.
Important Considerations:
Financial Investment:
The cost of a Yellow Cab franchise can range from a few million pesos depending on the size of the store and other factors.
Training:
Max's Group provides training programs for franchisees to learn the Yellow Cab business system.
Location:
Consider the location of your proposed store and its accessibility to customers.
Competition:
Evaluate the competitive landscape in your trade area and understand the unique selling points of Yellow Cab.
Yellow Cab Pizza in the Philippines is owned by Max's Group. The pizza chain was founded in April 2001 by Eric Puno, Henry Lee, and Albert Tan. Max's Group also owns other well-known Filipino restaurants like Max's Restaurant.
