FAQs1. What are the requirements in applying for a Red Ribbon franchise?

The applicant is required to submit the following:

Letter of Intent (indicate exact address of proposed site)

Vicinity Map of Proposed Site (include building perspective if available)

Resume of Applicant or Accomplished Red Ribbon Application Forms (include 2x2 colored recent photo of applicant)

*Download application forms from the Downloadable Forms section or request thru email

2. Can I still apply if I dont have a proposed site for a store?

Site is a requirement in applying for a Red Ribbon franchise.

3. How much capitalization is required to franchise a Red Ribbon Bakeshop?

The capitalization needed for a Red Ribbon Bakeshop ranges from minimum P1.9M to P4.9M. Capitalization includes the following:

Franchise Fee

Leasehold Improvement/Construction

Equipments/Fixtures/Furniture

Pre-opening and Initial Inventory Expenses

Hiring and Training of Store Team

4. How long is the life of the franchise term?

Five (5) years.

5. How much money can the franchisee expect to make?

Income depends on store performance and operating costs.

6. How much is the royalty and advertising fee?

Royalty fee is at 7% and Advertising fee is 3% of monthly Gross Sales.

7. When do you require the franchise fee to be paid?

Upon receipt of "Award Notice".

8. What type of training is available to a franchisee prior to opening of the bakeshop?

Red Ribbon provides franchisee and franchisees store team two-month training program. This includes classroom sessions and on the job training and application to

reinforce the learning process. Additional training and support are provided on case-to-case basis.

9. How long is the Return on Investment (ROI)?

Depends on several factors such as Sales, Market Potential, Investment and ability of the franchisee to control its operating expenses.

10. What franchise packages are available?

*Subject to change without prior notice

STORE FORMAT BAKESHOP BASIC BAKESHOP LIMITED BAKESHOP FULL

Franchise Fee 400,000 600,000 600,000

Franchise Term 5 years 5 years 5 years

Royalty Fee 7% 7% 7%

Advertising Fee 3% 3% 3%

Minimum Area Required 15 sqm 30 sqm 40 sqm

Minimum Investment P1.9 million P3.5 million P4.9 million