INVESTOR’S FAQs

  • What do the System-wide and Advertising fees cover?

    Franchisees are required to spend 1% of gross sales monthly for local advertising and promotion. Franchisees also give a system-wide contribution of 1% of gross sales to a corporate advertising and development fund.

  • How much is the Royalty Fee?

    CB ESTRADA Pawnshop charges a royalty fee of 8% of gross sales covering ongoing support and field visits.

  • What does the franchise fee cover?

    CB ESTRADA Pawnshop offers franchisees total support package designed to enable them to open and run an outlet smoothly and profitably.

    PRE-OPENING SUPPORT

    • License to Use of Name, Logo, Trademark
    • Site Evaluation Assistance
    • Architectural Design and Construction Support
    • Pre-Opening and Start-Up Assistance
    • Franchise Operations Manual on System
    • Comprehensive Business Operations Training

     

    MARKETING SUPPORT

    • Grand Opening Support
    • Local and National Marketing

     

    CONTINUING SUPPORT

    • Regular Field Visits
    • On-going Business Consultation
    • New Promos, Products and Services Orientation
  • What is the CB ESTRADA Pawnshop total investment?

    The average total investment for a CB ESTRADA Pawnshop franchise for a typical outlet of a minimum 30 SQM costs around P2.5 Million inclusive of the Franchise Fee of P450,000 and initial working capital and deposits. The investment does not include the Pawn Capital.

  • What type of CB ESTRADA Pawnshop franchise is offered?

    CB ESTRADA Pawnshop is offering a SINGLE unit franchise for the operation and development of a CB ESTRADA Pawnshop within a trade area of at least 35,000 population.

  • Who we are?

    CB ESTRADA Pawnshop is one of the most reliable and competitive top-of-mind pawnshops in the North. For over 30 years, CB Estrada Pawnshop has been dedicated in providing accessible financial solutions to help meet the needs of our fellow Filipinos. We have been relentless in serving the customers whom the bank simply cannot or choose not to serve with the same immediacy and individual tailoring we offer…

  • What training will we receive as franchisees?

    The franchise owner and the designated management team and outlet personnel will be given extensive training both at the franchisor headquarters, as well as the franchisee store. This includes a dry-run or soft opening. The training will be conducted within 30 days before grand opening of the franchisee store, covering all aspects of the business operation and management as well as customer service.

  • What other continuing support will I receive?

    We will have you primed & ready for success! We will share all of our know-how with every new franchisee from day one on. We will guide you through the entire process, from site evaluation, design and construction up to daily operational support. You will never be alone! Once in operation you will have access to advice and will be part of workshops that allow you to be better every day.  As our franchisee, you will receive continuing support from us during the term of the franchise as follows:

    • Sales and operation performance reporting guidance
    • Regular field visits and business guidance
    • Updates on new products, promos, and services

    On top of the start-up support, you will be set up for multiple follow up calls throughout your first year to ensure a smooth and successful start to your business!

  • Will I have an exclusive territory?

    You will not be granted an exclusive territory. CB ESTRADA Pawnshop shall grant a single unit franchisees for every 35,000 population in a given trade area. However, franchisor will see to it that each site will service the population to the fullest to make the business viable.

  • What is the term of the franchise agreement?

    The initial term of the franchise agreement is 5 years, renewable to two (2) additional terms of 5 years each for a total of 15 years, subject to the terms and conditions stipulated in the Franchise Agreement

  • Who will look for the location?

    The franchisee searches for their own store location and submits the sketch location map and details of the proposed location to the Franchisor approval. Nonetheless, the Franchisor will extend assistance whatever assistance possible for thorough Site Evaluation.
    Ideally, branch should be between 30 SQM to 50 SQM with a frontage of at least 4 meters

  • How much will be the Return of my Investment?

    You can play it safe by putting your money in a savings account with interest earnings as low as 2% per annum, or invest with us and earn as much as 40% interest annually! With this figure, a Franchise has the opportunity to open a 2nd store within 2 years of the first!

  • Do I need to be hands-on with this business?

    Owning and operating a franchise requires, like any business, an investment of time, as well as the will to succeed. Individual motivation and hard work are important factors in your success.