Are you dreaming of owning a profitable business with a well-loved product? Siomai King, the flagship food cart concept of House Of Franchise, offers an incredible franchise opportunity that caters to the immense love Filipinos have for siomai. With its unbeatable franchise options, Siomai King stands out as the best choice for aspiring entrepreneurs.
What is Siomai King?
Started in 2010, Siomai King is dubbed “Ang Hari ng Siomai” because it is the first to offer five pieces of siomai per serving that taste amazing even without any condiments, though adding a sauce elevates the experience even more. Siomai King is renowned for its delectable siomai variants, which include Hong Kong Siomai, Japanese Siomai, Chicken Siomai, and Shanghai Siomai.
We are very proud to say that our siomai is made with no meat extenders and adheres to the highest standards of quality, being accredited by the National Meat Inspection Service (NMIS) and Good Manufacturing Practice (GMP).
Siomai King Franchise Cost Breakdown
Curious about the cost of a Siomai King franchise? Compare the affordability and potential earnings of the traditional food cart business with the more affordable online franchise option. Discover which fits your budget and business goals best, whether you’re starting or expanding your entrepreneurial journey.
READ: Siomai King Food Cart vs. Online: Which Franchise is for You?
Traditional Food Cart Business (₱239,888)
When it comes to food cart franchises, Siomai King is a cut above the rest, offering a more affordable and valuable package. For just ₱149,888 you can get your hands on a Siomai King food cart, with an additional setup fee estimated at ₱90,000, totaling only ₱239,888. This is an unbeatable deal compared to other franchises.
Here’s what the ₱149,888 package includes:
- Use of Trade Name and Logo
- Use of Business System
- Lighted Duty Stainless Cart with Cabinet
- Stainless Round Steamer
- Electric Stove and Acrylic Juice Dispenser
- Complete Operating Utensils
- Free Food Tasting Product (worth ₱1,000)
- Marketing Collaterals
- Comprehensive Personal Training
- Opening Assistance
- Operations Manual
In addition, there are some other fees to consider:
Processing Fee: ₱4,880
Refundable Cash Bond: ₱40,000
Ocular Inspection Fee: ₱1,700 for the Manila area, and ₱12,000 – ₱15,000 for Visayas and Mindanao.
Shipping Fee for Food Cart: ₱2,500 for the Manila area, with additional costs for other locations.
Moreover, you’ll need to secure the necessary permits, including a business permit, barangay clearance, Department of Trade and Industry (DTI) registration, Mayor’s Permit, and Bureau of Internal Revenue (BIR) registration. The location rent will depend on the lessor’s terms.
Siomai King Community + Online Franchise (₱17,888)
If the initial investment for a physical food cart seems out of reach, don’t worry! Siomai King offers a more accessible option with the Siomai King Community and Online Franchise.
For just ₱17,888, you can start your franchise business with significantly lower costs while still enjoying the benefits of the Siomai King brand. The best part? You can run this business from the comfort of your own home, making it an ideal opportunity for Filipinos abroad looking to start a business.
Here’s what the ₱17,888 package includes:
- Upgrade Option to a physical food cart in the future
- 20% Commission on every product sale (possible ₱16,800/month revenue)
- Free Website for your online store (Shop Links)
- 6 Food Concepts Franchise + other affiliated products
- Siomai King
- Siopao King
- Potato King
- Noodle House
- Burger Factory
- Sgt Sisig.
- JC Premiere products
- Toktok Sales
- Free Training & Marketing Materials
- Free Technical Support
- Car and Travel Incentives
- No Royalty Fee
- One-Time Payment for a lifetime business opportunity
- No Renewal Fee
- No Rental Expenses
- No Overhead Expenses
Siomai King offers an exceptional franchise opportunity whether you choose the traditional food cart business or the more affordable Siomai King Community + Online Franchise. With high-quality products, comprehensive support, and a trusted brand name, you can’t go wrong.
