Save On Surplus

Franchising opportunity, Save On Surplus (SOS)

Company name: Save On Surplus Inc.
Description: Surplus retail store of computers, electronics, home appliances, furniture, power tools and other general merchandise
Franchise fee: P300,000
Total investment: 1.5 to 2.5 million depending on store size
Franchise package: Use of trade name and logo; personnel training; site selection; business registration; initial inventory; marketing assistance
Preferred sites: Provincial areas
Application procedure: Send a letter of intent
Year started: 1977
Company-owned outlets: None
Franchising since: 1996
Franchised outlets: 34
Term of franchise: 3 years
Renewal: 3 years
Royalty fee: P10,000 monthly
Advertising fee: P5,000 monthly
Investment recovery period: 10 months

Contact details:
Contact person: Ludet T. Gopalan, marketing services manager
Address: Philacor Drive, Sucat, Paranaque City
Telephone: (02) 825-5470 to 74
Fax: (02) 820-6636
E-mail: sos@hmrgroup.com
Website: www.hmrgroup.com