Franchising Video city
Company name: Viva Video City Commercial, Inc.
Description: Video rental and retail
Franchise fee: P350,000 for express stores and P450,000 for mall and regular stores
Total investment: P1.5 to P2 million for express store, P2 to P2.5 million for regular store and P3 to P3.5 for mall store
Preferred sites: Malls, cities, and high pedestrian traffic
Franchise package includes: Use trademark and logo, construction and renovation, equipment, furniture, fixtures, pre-operating expenses and inauguration support
Application procedure:
- Submit letter of intent
- Accomplished application form
- Applicant`s recent resume
- 3 bank references
- Location map and photos of the proposed site
Company-owned outlets: 60
Franchised outlets: 102 franchises and 120 joint ventures
Year started: 1986
Franchising since: 1996
Terms of franchise: 5 years
Renewal: Upon negotiation
Royalty fee: 6 percent of monthly gross sales or 15,000 whichever is higher
Advertising fee: 2 percent of monthly gross sales
Contact details:
Penn De Los Santos / Sharon Amog, franchise managers
Address: 7/F East Tower Philippine Stock Exchange Center, Exchange Road,
Ortigas Center, Pasig City
Telephones: (02) 687-1962, (02) 687-6181 local 736
Fax: (02) 687-1962
E-mail: penn@videocity.com.ph, samog@videocity.com.ph
Website: www.videocity.com.ph
posted by cool_78 @ 8:01 PM PERMALINK
7 comments
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7 Comments:
good morning mam/sir
i would like to ask some question regarding your beautiful establishment, is it ok to have a reservation in renting a cd? and i have and i have a report, that one of your outlet her in mindanao in particular place in digos city, your personnel her ay napakatamad kapag mag inquire kami if may available ba na cd na bago, and then hendi na sila tumitingin pa sa computer o i check nila kung may bago ba o wala, diretso na nilang sasabehin na wala, at they are hiding the new cd,s in their drawer, and i think their manager have something to do with it but,walang ginagawa ang manager.
hope you will take action in our report
thanks. . . .
Hi! Thanks for your continuous patronage of video city and thank you for bringing this issue to my attention. As a rule is usually a first come first serve basis and customer preferences should be avoided. I will bring this matter to the owners video city and I hope they could stop this practice.
Thanks very much for visiting my blog and please come again :-)
Hi! I just have questions regarding your franchise offering. Where do we get our supplies of CD, VHS and DVDs? I am currently running a video rental here in abroad and I thought of putting up one in the Philippines through franchising. Can I use other suppliers for my store? I shop my DVDs from Amazon USA and they are Region 1 and ORIGINAL, can I still continue doing so while under your franchise?
Hello there. From what I have learned. Video city gets their VCD's and DVD's from local film and movie distributors like VIVA entertainment. And I don't think videos bought internationally like Amazon will be allowed during the course of the franchise.
Good day!
What is the difference between the express store and regular store? And am I know the land area needed for the store. I'm planning to put up store near our place.
Thanks in advance.
where can i find some sample of intent letter for video city?
hello there,
queries coz i'm interested; would your company allow if only the franchise fee be paid and leave to us the expenses on construction and/or renovation of proposed site according to your store specifications? what composed of the TOTAL INVESTMENT of 1.5M to 2M. for express stores and etc..???
thank you.
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