one - How much capitalization is required to franchise a Red Ribbon Bakeshop?

The capitalization needed for a Red Ribbon Bakeshop ranges from P6 million to
P10 million with a minimum store size of 80 square meters in floor area. There are also royalty and advertising fees involved.

two - How long is the life of the franchise agreement?

The franchise agreement is valid for ten (10) years.

three - How much money can the franchisee expect to make?

The amount of money or income that can be derived from a Red Ribbon outlet will depend on a variety of factors such as sales, cost of rental, management controls, labor and operating costs. These factors will vary from location to location. The dedication, quality of time and effort you pour into the business will likewise play an important role. Numerous possibilities on profitability will be discussed with the applicant at a particular stage of the application process.

four - What are the application requirements?

The applicant will be required to submit the following:

• Letter of intent


• Information on the proposed site (including a location map, site development plan and/or floor plan)


• Comprehensive resume


• Completely filled-up Red Ribbon Application Form with a 2" x 2" colored photo (this can be secured from RRBI office)

five - What type of training is available to a franchisee prior to opening of the bakeshop?

Red Ribbon provides the franchisee and his/her Management Team (Store Manager and two Supervisors) with a two-month training program on top of the two-week training for its store crew members. The training includes classroom instruction combined with in-store hands-on experience to make sure that the management team and crew are ready to manage the bakeshop. Additional training and support are provided on an ongoing basis.