From its store in Timog, Quezon City what started out as hobby-induced business in 1979, turned out to be a proudly Filipino-owned and professionally-run business network. Red Ribbon has grown to over 170 outlets all over the country and 19 stores in the US. It currently has 6 commissaries nationwide and 3 in the US.
With its acquisition in October 2005 by Jollibee Foods Corporation, Red Ribbon entered a new phase in its company history. The company will soon become the biggest and fastest-growing bakeshop in the Philippines. Its mission is to bring the joy of eating to everyone through its great-tasting food and superior quality.
Red Ribbon Bakeshop is deeply committed to the success of each and every franchisee. To achieve this, consistent support in all aspects of operations is provided, including but not limited to:
- Quick Brand Recall
- Efficient Operations System
- Training Program
- Marketing Support & Promotions
- Site Selection
How much capitalization is required to franchise a Red Ribbon Bakeshop?
It ranges from P6 million to P10 million with a minimum store size of 80 sqm. There are also royalty and advertising fees involved.
How long is the life of franchise agreement?
The franchise agreement is valid for 10 years.
How much money can the franchisee expect to make?
The amount of money or income that can beÃƒâ€šÃ‚Â derived from a Red Ribbon outlet will depend on variety of factors.
Red Ribbon Bakeshop Inc.
3F Missouri Square Bldg. Missouri cor. Connecticut Street,
Northeast Greenhills, San Juan City
Tel: 724-3078, Fax: 724-4861
Email: [email protected]