GQWEST Inc., the company that developed the Aquabest brand, is currently offering a smaller franchise package called Aquaspree that will cater to middle-class villages.
“Most aspiring entrepreneurs want to have their own business, but at the same time they want to minimize their risk. That is why we developed Aquaspree to address these concerns and help these people start their own businesses,” said Carson Tan, chief executive officer of GQWEST.
Aspiring entrepreneurs can now franchise and start their own business by just paying to GQWEST P10,000 a month and a minimal bond deposit that is to be refunded after the rental period.
Aquaspree will cater the C and lower B markets, and its the smaller water stations can be deployed in most middle-class neighborhoods.
Besides its flexible financing options, entrepreneurs who choose to franchise Aquaspree will also enjoy the usual benefits of franchising. These include the use of the brand name as well as the company’s technical and marketing support.
“We will be offering these franchisees the same support we offer our franchisees such as use of the brand name, machine installation and maintenance as well as marketing and technical support,” GQWEST said.
Currently, there are 31 operating Aquaspree stores that are located in most middle-class communities. GQWEST Inc., with its flagship brand Aquabest, is among 2013’s recipients of Entrepreneur Magazine’s Franchise Awards.
Aquabest is the largest water refilling store network in the country with more than 700 stores nationwide.
In 2013, it is set to grow even more with over 10 new franchisees established from January to July of this year.
Earlier, Tan said that, “It shows that when people take out an Aquabest franchise they are not just getting their money’s worth, but they are also getting added value and excellent service.”