Food

Learn how this Takoyaki franchise concept grew to over 40 locations in less than a year

When the epidemic struck, many industries were severely impacted. The food industry was not immune, and entrepreneurs were forced to reconsider their strategies and business models. Hopeful stories were hard to come by, but some people had the fortitude to start during this trying time. This comprises a group of young entrepreneurs who are united in their desire to bring Japanese cuisine closer to people’s homes.

What began as a small takoyaki bazaar stall in Iloilo has developed into a popular merienda with locations all throughout the Philippines. Otako Monsta is proud of its one-of-a-kind business concept, which was created to appeal to and benefit future partners. The team focused on designing a franchisee package with strong profit returns because they understood they wanted to grow their firm through expansion.

Otako Monsta has made franchising less intimidating by removing royalty and marketing fees. Low capital investment also makes the brand a good option for young entrepreneurs who want to invest their money. On top of this, partners enjoy a 125% capital margin and will reap their return on investment (ROI) within 1 year.

Co-founder Gian Franco Go believes that their guiding principles in running their Japanese street food empire are keeping a wide range of food options, competitive pricing, and fostering a passionate team that will always have their partners’ best interest in mind. In keeping these beliefs as their core, they make sure they’re always a step ahead from similar food concepts. Otako Monsta takes pride in its wide variety of Takoyaki flavors which can be enjoyed for as low as P99 for 6 pieces. Their best-selling seafood-filled takoyaki Monsta, finished off with their matcha dessert balls, will surely keep you coming back for more.

Taking into consideration foot traffic and competition in the vicinity, Otako Monsta has aggressively expanded across Visayas and Mindanao and has recently started opening branches in Luzon. They closed 2021 with over 40 branches, and are continuing to build this number in the months to come.

Contact https://tinyurl.com/OtakoxBloggers to begin your franchisee journey if you share the same passion as the Otako Monsta team and have ideas for more locations.

Keep an eye on our social media channels for more information. @OtakoMonsta on Facebook: https://www.facebook.com/OtakoMonsta Instagram: otako monsta (https://www.instagram.com/otako_monsta/).

 

 

 

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