I HAVE A CONFESSION TO MAKE.
First of all, I didn’t know anything about motorcycle parts. Even the idea of putting up a business was alien to my passive nature. But in October 2005, when I partnered with my brother and started Nitro Motorcycle Parts and Accessories in Candelaria Quezon, those who knew me were shocked. My relatives thought it was too risky because I was a novice and I might lose money in this venture. The discouragement scared me, I almost ditched the idea. But good thing I didn’t! Who would think Nitro Motorcycle Parts and Accessories would become the number one motorcycle parts shop in Candelaria after just a few months of opening? I am not sure what exactly happened.
All I remember was, we kept on spreading the word about our motorcycle shop. We told friends and common friends, distributed flyers, did promotional tricks, etc. We worked hard selling the shop, our style, and we made sure our system was working by mere common sense.
We didn’t know market competition. We’re so focused on the favorable results of our promotional efforts and the queue of clients visiting us daily that we didn’t bother about the whining of competitor shops in the area accusing us of predatory pricing. Fortunately, the barangay officials dismissed the complaint since they’re convinced that our low pricing was due to direct sourcing from importers. I guess that’s the early price for having a healthy profit margin. It’s clear that Nitro Motorcycle Parts and Accessories has dominated Candelaria.
Our next plan now is to capture the outskirts, and we mean the whole Philippines.
Ambitious? Not really. What we want is to share this success with you by availing our Business Starter Package. You will need around P200,000 to start. Unlike our humble beginnings, you will be given step-by-step coaching in running the motorcycle parts enterprise until your business reaches its full potential. In addition, we will teach you the secrets on how to give outstanding customer service which sets us apart from our competition.
With this business, we will help you achieve financial independence. Please take a careful look at the following details. At present, Nitro Motorcycle Parts and Accessories has two (1) company-owned branches in Quezon province and (3) three franchised outlets in Tayabas City, Alfonso Cavite, & Mariveles Bataan. So, if this happened to us, this could happen to anyone.
Stated below are the total investments with corresponding descriptions for the business starter package:
Total Investments may vary. It may go higher or lower than the amount stated above. Grand opening expenses and insurance are not included in the total investment.
* Return on investment is estimated at 1 year.
- Client locations who already availed our business starter package: Roxas City, Naga City, Molino Cavite, Sta. Rosa Laguna ,Cauayan Isabela, South Cotabato & Surigao City.
Exclusive locations(meaning we can't get client here anymore:
Polomok South Cotabato, Rosario Batangas, Molino Cavite, Alfonso Cavite, Mariveles Bataan &Tayabas Quezon.
Business Starter Package fee includes:
* Training of client/staff/mechanic – We can also train your mechanic/staff without experience for Metro Manila area only. (Value of 10,000 pesos)
* Consultation – (how to start the business, valued at 30,000 pesos/month). Part-time consultant fees usually cost P25,000 to P50,000 per month for consultancy only and setting up a new business will cost you even more.
* Assistance in construction (value of 5,000 pesos)
* Copy of the Nitro Operations Manual (valued at 10,000)
* Technical Manuals of Yamaha, Kawasaki & Honda
* Assistance in advertising materials needed (valued at 5,000)
For the P 49,000 pesos package you’re getting a value of 90,000 pesos.
For the P79,000 pesos package you’re getting a value of 210,000 pesos.
For the P99,000 pesos package you’re getting a value of 250,000 pesos.
In the Business Starter Package you will not be carrying the Nitro brand so there will be no royalty fees. However, we’ll still setup your business the same way we set up a Nitro franchise.
We have several reasons for NOT offering the franchise package in locations far from us:
- We want to focus on nearby areas.
We want to protect our brand name. It is important that we are able to monitor our branches closely and we feel that we cannot monitor certain areas due to proximity issues.
Some franchisees want to have full control over their business (which cannot be achieved in a franchise since you have to follow our tried-and-tested successful systems). With the business starter package, we give you the system but it's up to you if you want to follow it or modify it.
You can expand your own business or put up more branches at your own pace.
We’ll be needing the following:
- Accomplished Application form
- Photocopy of 1 gov’t valid ID
I’ll be honest with you, there is a risk in starting a new business but it’s a calculated risk. Why not take the leap and be part of the Nitro family. I personally guarantee your success! Please fill up the application form that I have attached if you’re interested in being part of Team Nitro. If you have any other questions, don’t hesitate to contact me! We can also talk in Skype if you’re currently not in the country.
*Site visit fee minimum is 500 pesos for Metro Manila. Other locations are charged on a case to case basis. Site visit fee is refundable once client signs up.