When the pandemic hit, a lot of sectors were badly affected. The food industry was not spared and entrepreneurs had to revisit their plans and business models. Stories of hope were hard to come by, but some found the courage to start during this difficult period in our lives. This includes a group of young entrepreneurs who share the passion of bringing Japanese food closer to homes.
What started out as a humble takoyaki bazaar stall in Iloilo has now grown into a merienda favorite with branches nationwide. Otako Monsta takes pride in its unique business model that was designed to be attractive and beneficial to its future partners. Because they knew they wanted to grow their business through expansion, the team focused on creating a franchisee package that has good profit returns.
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.
If you share the same passion as the Otako Monsta team and have locations for new branches in mind, reach out to https://tinyurl.com/OtakoxBloggers to start your franchisee journey.
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