Even before the pandemic struck and caused a major setback to many economies around the globe, the Philippines is considered one of the most dynamic economies in Asia with a stable GDP growth fueled by notable performances of its services sector. Micro, Small, and Medium Enterprises (MSMEs) constitute 99% of the operating local business establishments proving that these businesses are the backbone of our economy.
Out of all the various MSMEs operating in the country, Wholesale and Retail Trade tops the list with almost 47% based on the 2020 data provided by the Department of Industry. This is followed by Accommodation and Food Service Activities, Manufacturing, Other Service Activities, and Financial and Insurance Activities. For many Filipinos, opening up a business is an achievement with corresponding responsibilities and challenges. These responsibilities and challenges have tested wholesale and retail home furnishing shop, Floors to Walls, which bravely faced the challenges of time and pivoted to offer new opportunities to many Filipinos.
TAKING IT ALL IN
From a humble shop in Binondo, Manila, Floors to Walls is now geared to offer a consumer-focused franchise package backed with wholesale and retail experience that is programmed to provide Filipino entrepreneurs with broader opportunities and quick returns.
Floors to Walls aims to empower its franchisees with further knowledge and freedom that could generate further advancement in their business. Packed with programs to mirror the success of its initial shop, the management envisions this franchise program to provide its franchisees with enough equipment and tools along with equal opportunities that will further provide opportunities to grow and prosper.
Offering a retail and wholesale home furnishing business, Floors to Walls caters to both B2B and B2C models capturing a wider scope of the market. The management has established the Floors to Walls brand as a convenient avenue for the customers to shop and get ideas for their home and business improvement, with a unique selling proposition that could be applied in any key areas in the Philippines.
MARK OF A NEW ERA
Floors to Walls’ Franchise Package highlights the strong support from the franchisor, which is strategically programmed for the business. Each franchise package includes equipment and software, operations support, and marketing support on top of the showroom designs that will highlight the saleable products that are included in the package.
“We aspire to provide the best and most realistic franchise program to our people. Our experiences in the past years in this industry have provided us with learnings that we can bestow to our future franchise owners and lead them to the success we aim for both of us,” Mr. Ting shared.
Floors to Walls’ initial Franchise Package amounts to PHP4.5 million, which already comes with a 5-year Franchise Fee, PHP2 million worth of saleable products, security bond, operation tools, and system. ROI could be achieved in less than 2 years given the targeted low volume, high-value transactions that usually occurs in the business.
“Along with our established brand, we see this opportunity to provide our people with a strong franchise support system that will capture a huge niche market, which leads to exponential growth,” Mr. Ting concluded.
The franchising process is estimated to last for three weeks, starting on the day of submission of documents to the opening of the store. The minimum location requirement is 200 to 300 square meters for the basic setup. Each target location must be located on a national road and accessible to the public.
To know more about the Floors to Walls Franchise Package, you may contact the team at [email protected]. You may also follow and inquire through their official Facebook account, https://www.facebook.com/floorstowallsofficial/.