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How to Start a Siomai Business in the Philippines

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By Ameena Rey-Franc

How to Start a Siomai Business in the Philippines:

Siomai is one of Asia’s most popular snack options. Before being hailed as a kanto -favorite appetizer in the Philippines, the origins of Siomai predate even before Magellan stepped foot in the country. Shaomai, as the Chinese describe it, originated in Inner Mongolia somewhere between the Ming (1368–1644) and Qing dynasties (1644-1912) of China. It reached the land of the rising sun where the Japanese called the steamed ball of meaty goodness Shumai . Until it reached the Philippines and became the siomai we all know and love.

With centuries building up to siomai’s popularity, it’s no wonder Pinoys are itching to get a bite whenever they see a vendor. If you’re interested but wondering how to start a siomai business in the Philippines, you came to the right place.

Is a Siomai Business profitable in the Philippines?

Before delving into the steps, it’s important to know if siomai is a good business, to begin with. When talking about siomai’s profitability, we have to look at the context surrounding it. Street food is an unceasingly popular business in the Philippines despite countless cautionary warnings from health bodies . Street food vendors rarely get zeroed out as long as there are students, office workers around, and bystanders around. It’s typically the usual suspects when talking about street food: fishball, kikiam, squid ball, kwek kwek, and siomai. 

If you’re an aspiring entrepreneur on a budget, a siomai business is a perfect start. Why? Well, it’s simple but highly profitable. Heard of that broke couple turned rich thanks to their siomai business that grosses 50,000 daily? Siomai businesses require low capital but they’re capable of earning large profits. Always remember, as long as people eat, a food business will never run out of customers.

Here are the necessary steps when Starting a Siomai Business in the Philippines

1. Do some market research

Siomai businesses are great. But there’s a caveat to the success story I mentioned earlier. They first started with fishball, kikiam, and banana cue. Newsflash, all those start-ups failed. The reason is simple, they didn’t do initial market research . The siomai business they put up was a hit and miss . They lucked out with siomai that’s why they made a fortune. 

When starting a business, the last thing you want is to establish something that’s bound to fail. Sadly, many startups suffer the same fate. The success of your business relies on good market research to warrant the business’s potential. Siomai is a good business , no doubt. But does your potential market share the same proclivity for siomai as you do, or are you simply and blindly holding on to a hope that they are?

To get you started, here are some queries you might want to answer first for a siomai business in the Philippines:

  • Who are your target consumers?

Siomai is popular among office workers, students, internet cafe addicts, and bystanders. Is your location swarming with those people? Are they keen to eat quick siomai snacks over other options?

  • What are your target audience’s spending habits?

Do customers go out of their way to have some good siomai meals? Do they prefer siomai with sticks or with rice? Do prospects prefer meals delivered?

  • What does the market look like?

Will you sell in the city or the suburbs? Do you need a physical store, a stall, or are made-to-order meals acceptable enough?

  • Who are your competitors?

Are there existing siomai sellers in your locality? Is competing with them a good idea? What value proposition can you offer to make their suki choose your solutions instead? 

2. Prepare your capital

Capital is another reason why comprehensive market research is imperative when starting a siomai business in the Philippines. Think about it. If you require a physical store to etch your siomai brand in the locality, you’ll need more money to start with. The capital you’ll be using is the gasoline that’ll keep the business running. You’ll use it for funding the materials, expenses, and overhead. If you want a smoother launch, you need to calculate your startup costs . Doing so will also help you estimate your profitability and growth potential. This is where your market research is for.

Let me give you an example. Say, your market investigation reveals that made-to-order meals are better compared to setting up a physical stall. You will require less capital to start than having to shell out more funds for a stall that wouldn’t significantly sell better. Again, your business is anchored on good market research.

  • Related Post: 14 Time-tested Tips for Online Selling in the Philippines

3. Plan and prepare everything

Information and data are used for one thing: to make the right decisions. With market research backing your decision-making process, you are likely to make the right choices and minimize errors.

For example, if setting up a stall is a better direction than made-to-order meals, there are things you need to be aware of:

  • First, your location. The location you choose should be strategic, where you can maximize impressions and conversions.
  • Second, physical stores can’t get away without a DTI business permit . Make sure you have your business registered.
  • Third, assess your operational costs or overhead. There’s more to business than your cost of goods sold, you’ll have utility bills, rent, and possibly labor costs that can sweep you off your feet.

Don’t be hasty to jump on the business seat. Plan everything first otherwise your “siomai” might turn to “oh my!”

4. Buy the equipment needed

Once you’ve got your gameplan fully furnished, then, only then, do you buy your equipment and ingredients. Here is a simple list to help you out:

  • Food steamer
  • Paper containers
  • Sauce dispenser 
  • Acrylic plastic juicer

Ingredients:

  • Ready-made siomai (unless you plan on making your own)
  • Garlic flakes

Gulaman? Yes, that is, if you’re willing to offer some refreshing palamig to your suki which is an added income stream. Check out this gulaman recipe here .

5. Find suppliers

Selling siomai in the Philippines is quite straightforward. The ingredients and equipment you need are not difficult to find. If you live anywhere in the Metro, you can easily scour Divisoria to find all things you need at a bargain. If not, you can always visit your local supermarket or wet markets to buy them.

If you want to get all things you need from the comfort of your home, there are online marketplaces to buy your things. Shops like NegosyoNow sells both food and non-food items like packaging materials. While stores like MK Kitchen may sell the kitchen supplies you need for the siomai business. Otherwise, you can seek popular siomai chains instead that provide all the things you need after your initial payment.

6. Price your products right

The cornerstone of every successful food business is not ONLY the quality of the product but also the price. All things being equal, Filipinos will normally gravitate toward the most affordable option. If you have a competitor, you may want to double down on the quality and pricing strategy. That will ensure you corner the market for your siomai business.

A popular pricing strategy you may want to try is the cost-plus pricing strategy . Basically, your products should account for all operational expenses and overhead costs associated with selling the siomai. This way, all your markup will be allocated towards profits. Needless to say, be reasonable with your profit margin.

  • Related Post: How to Compute & Price Food Products (w/ example) Philippines

7. Marketing is key

In this age of the internet, more than half of the population is engaged in social media . The only way to dominate your industry is by getting a leg-up on your competition. Take advantage of facebook’s free platform to promote your business to friends and colleagues. You can also use the messaging app to reach out and seek people who are keen to try out your food products. If you plan on opening a physical store, register your siomai shop to Google My Business. This will ensure that you stay ahead of your competition through local SEO .

If you’re looking for a full list on how to promote and market your siomai business effectively, check out our guide on 20 Ways to Promote & Market Your Business in the Philippines .

Best Siomai Suppliers in the Philippines

If you’re looking for the best suppliers to get siomai ingredients and equipment, on-site visitation is always the best course of action. However, if it can’t be helped, here are some online resources you can visit. Always make sure to legit check these suppliers to avoid getting scammed.

Kitchen equipment suppliers

  • NegoPinoy Trading
  • IBCOM Kitchen Equipment
  • Catering Depot Philippines
  • MJD Industries, Inc.

Siomai suppliers:

  • ACM Frozen Food Products Suppliers
  • Great Food Solutions
  • Maco’s Meat Products Direct Supplier
  • Princess & Stacey’s Frozen Food Supplier

Packaging suppliers

  • Binondo Street
  • Packaging Depot Manila
  • Grand Champ Packaging

How to Start a Siomai Business in the Philippines

Best Siomai Franchises in the Philippines

Below are some of the best siomai franchises you can reach out to if you plan on setting up your own siomai business in the Philippines. Make sure to read reviews and check references before fully committing to fully assess what you’re getting into.

  • Master Siomai

Phone Number: 287095288

Website: http://www.mastersiomai.com/  

  • Siomai King

Email: [email protected]  

Phone number: 0923 604 8805

Website: https://jcfranchiseinternational.com/  

  • Ideal Siomai

Email: [email protected]  

Phone number: 0935 336 2107

  • Siomai House Bernabest

Email: [email protected]

Phone number: 287096237

Website: https://www.siomai.house/  

  • Dimsum Factory

Phone number: 284424884

Website: http://shop.dimsumfactory.ph/  

Siomai business is one of the best low-cost, high-profit startups you can put up in the Philippines. However, there are many overlying layers that you need to accomplish first before startup. Furthermore, you if you plan to try selling other frozen food, check out our article on How to Start a Frozen Food Business in the Philippines . We hope this article helped you if you plan on starting your own siomai business in the Philippines.

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Recognized as one of the Top Finance Blogs in the PH. Ameena Rey-Franc (founder of TTP) is a former Banker and BS Accountancy graduate turned Blogger, Keynote Speaker, and entrepreneur. Currently an RFP delegate, she is also the Author of a book about Financial Resilience and has held seminars for reputable companies like GrabFoodPH, Pru Life UK, VISA, JPMorgan Chase& Co., Paypal, Fundline, Moneymax, and many more. The Thrifty Pinay's mission is to empower women to LEARN, EARN, and be FINANCIALLY-INDEPENDENT no matter what life stage they are in.

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siomai king business plan

  • Business Service Franchises

Siomai King Franchise for Sale - delivery service app

Siomai King logo

Siomai King Franchise Opportunities

The selling point of Siomai King franchise is an outstanding menu which includes Hong Kong Siomai, Japanese Siomai, Chicken Siomai and Shanghai Siomai. In addition, the brand offers fast and quality delivery services possible due to a user-friendly app. Siomai King delivery service app franchise is now available for sale all around the globe. The business has a lot of benefits over the others. The franchise requires affordable cost & fees, no royalties and renewal fees, and provides their franchisees with extensive on-site trainings and operating support. Learn more about Siomai King delivery service app franchise opportunities by reading the investment information here.

How to open a Siomai King franchise?

  • Ensure you have adequate capitalization. In order to open the Siomai King delivery service app, you must have a net worth of PHP 149,888 - 239,888.
  • Appreciate the investment required for a delivery service app franchise. You will need to consider the cost of equipment, the costs of licenses and permits, the cost of uniforms, the cost of insurance, etc.
  • Evaluate your prior experience and strengths. You should thoroughly evaluate your prior business experience before applying to become a Siomai King franchise owner.
  • Assess market availability. You will want to look at the market availability for Siomai King franchises and see if there are available markets in your location of interest before proceeding with the franchising application.
  • Submit your application. Your application will be reviewed by the Siomai King franchise team. You will be emailed a confirmation receipt upon reception of your online application, where we will additionally provide the contact details of the franchise owner.
  • Receive approval & opening your Siomai King franchise. You will receive franchise approval once your financial and background checks are completed. Approval will only be given to candidates who meet all the requirements of franchise owners.

Request Free Info

How much does Siomai King franchise cost?

Siomai King has a franchise fee of up to PHP 12,000 with a total initial investment range of PHP 149,888 - PHP 239,888.

Siomai King Initial Investment

Initial Investment: PHP 149,888 - PHP 239,888.

Ongoing Fees

Initial Franchise Fee: PHP 12,000 - PHP 15,000

Siomai King Franchise Profit

Embarking on a Siomai King franchise could be akin to finding a pearl within the culinary oyster of the business world. Potential dealers often dive into details, eager to understand the profit tide. Yet as the best ventures often remind us, compensation from this company can depend on how adeptly one navigates the currents. A Siomai King franchise profit is no linear equation; it’s complex, with amounts that can be as plump as the offerings in their steamed delights. But make no mistake, the deal—if steered with skill—is far from difficult, for it's the master dealer who turns Siomai King unit potential into a savory sum.

Siomai King franchise

Are you interested in starting a Siomai King Franchise in the USA, Canada, the UAE, Malaysia, the UK, Singapore, Saudi Arabia, Australia, Europe or another country?

We provide estimated franchise costs for some countries:

  • - In the United States, the total investment to start the Siomai King is around $3,100 to $4,952.
  • - In Canadian currency, the investment comes around Can$3,900 to Can$6,230.
  • - In currency of the United Arab Emirates, the investment comes around AED 11,386 to AED 18,188.
  • - In Malaysian currency, the investment comes around RM 12,737 to RM 20,347.
  • - In currency of the United Kingdom, the investment comes around £2,221 to £3,548.
  • - In currency of Singapore, the investment comes around SGD 4,152 to SGD 6,633.
  • - In Saudi Arabia currency, the investment comes around SR 11,627 to SR 18,573.
  • - In Australian currency, the investment comes around AUD 3,987 to AUD 6,367.
  • - In currency of the Europe, the investment comes around EUR 2,600 to EUR 4,140.

Siomai King website: www.siomaiking.ph

Siomai King franchise for sale

  • Starting investments from: $3,100
  • Company type: Service
  • Company foundation year 2006
  • Corporate Address: Basak, Lapu-Lapu City, Cebu, Philippines

siomai king business plan

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How franchising business Siomai King thrived during the pandemic

Siomai King is one of the country's leading food cart franchising businesses.

Siomai King is one of the country’s leading food cart franchising businesses.

MANILA, Philippines — Siomai King, one of the country’s leading food cart franchising businesses, has leaned on adaptability to take on the challenges posed by the pandemic.

The pandemic has halted many businesses, especially the food industry, but that’s not the case for Siomai King.

Siomai King, one of the country's leading food cart franchising businesses, has leaned on adaptability to take on the challenges posed by the pandemic.

During this period, the company quickly adapted and transitioned from the traditional food cart franchise operation to the unusual “online Franchise” platform.

siomai king business plan

“During the early months of the pandemic, the choice was simple: either continue doing business as usual and struggle in a market crippled by the pandemic or confront the pandemic head-on by adopting. The truth is that the pandemic is anything but normal, and how you carry out your business operations will determine whether or not your company survive,” said Siomai King CFO and Vice President, Carlito Macadangdang.

“Fortunately, we have our own IT Solutions Company (CloudPanda Ph) and began to develop a different approach where our franchisees can continue to operate their franchise business safely and conveniently online.”

Indeed, Siomai King took the opposite route, risks and expanding even further, fueling rising demand for its products due to its massive online franchise success.

Siomai King CEO, and President Jonathan So glad they have fopund a way to sustain Siomai King despite the pandemic.

“Everyone’s affected. Even our businesses are not immune to the pandemic. I don’t believe in giving up easily. I always believe in the saying that for every tragedy there lies an opportunity. We just can’t accept the fact that we’ll just concede to the situation, we want to be different. We want to win. We fight of we fight. It’s that simple. With a goal in mind, we taught and develop new innovations that would expand and make our business thrive even in a pandemic,” So said.

Now that food businesses return to normal and the appetite of Pinoys for good food has been ressurrected, Siomai King proudly presents new available franchise locations at SM Hypermarket, Robinsons, Puregold, Savemore, Shopwise, LRT, MRT, Waltermart, Gaisano, and Ayala Malls.

For young entrepreneurs who want to taste the success of the franchise application is easy.

First, entrepreneurs are advised to their investment; second they may choose from any of Siomai King franchise brands: Mang Boks, Siopao Da King, Noodle House, Potato King, and Burger Factory to kickstart your food business; and the third step is to earn.

All of the brands are equipped with new machinery to produce 30 million siomai and 2.5 million siopaos monthly.

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There are 1,000 branches nationwide strategically placed to ensure that everyone earns aside from being provided a network of assistance and mentoring for their business.

RELATED STORY:

Siomai King: Franchise Company of the Year for two consecutive years

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Explore our delicious products

siomai king business plan

A Treat You Can Enjoy Any Time of the Day

You can enjoy different kinds of cuisines in the Philippines because of its foreign influence. One of the most loved Chinese food in the country is siomai. This Pinoy-favorite can be found nearly everywhere, from restaurants and fast-food places to train stations and stalls outside schools. The go-to place of many Filipinos when they want to satisfy their siomai cravings is Siomai King.

Siomai King: 5 Reasons It Is a Filipino Comfort Food

5 Reasons It Is a Filipino Comfort Food

When it comes to comfort food, many people immediately think of ice cream, donuts, or chocolates. However, not everyone has a sweet tooth, and some people take more solace in savory treats. One thing that Filipinos eat to cheer themselves up when they are feeling down is siomai.

Siomai King: Walang Umay Sa Paborito Kong Siomai, Siomai King!

Walang Umay Sa Paborito Kong Siomai, Siomai King!

Siomai is among the Chinese dishes that Filipinos embraced. It comes in different flavors and types of meat. Among the top reasons many love this dish is that you can serve it ay any occasion. It is also something that you can have for breakfast, lunch, dinner, and even midnight snacks.

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Siomai King started in 2010 and is dubbed as “Ang Hari ng Siomai” because it is the first and original in offering 5 pieces of siomai in one serving. Every bite is guaranteed with good taste and with no extenders which truly gives value for money. With its unique variants of Shanghai, Hongkong, Japanese and Chicken Siomai, no doubt you’ll come back for more!

Franchising

Use of trade name and logo.

Includes our inviting concept of "5-piece siomai in one serving"

Affordable Package

Low cost of franchise package available with undeniably overwhelming inclusions.

Its tasty variations of siomai are made scrupulously with no extenders and from quality ingredients partnered with a refreshing gulaman juice

NO Royalty and Renewal Fees

The good news is we do not have Renewal Fee and Royalty Fee which is one of the benefits of being a Franchisee unlike other Companies wherein their Franchise Fee is costly than us or almost P400,000.

Consists of the orientation of menu, preparation, use of the equipments, making of inventory reports and extensive on-site training during the first days of operation.

Operating Support

Continuous monitoring and meticulous maintenance of the concept and operation is needed to assure the quality of service.

Site Assistance

For those who would like to seek help in finding the right location.

Extra Income and Enhancement of Entrepreneurial Skills

Investing means the need to have additional income for you and your family moreover deciding to invest means unleashing your goal to be an entrepreneur.

Constantly joins exhibits and events, being featured in Entrepreneur magazine, sponsors TV shows and being endorsed by celebrities.

Siomai King has more than 1000 branches nationwide and still counting. With the company's vision of providing quality siomai products at an affordable price, Siomai King has certainly captured the hearts of our fellow Filipinos. - Explore all branches -

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Siomai King: Franchise Company of the Year for two consecutive years

Siomai King founder Jonathan So and Carlito Macadangdang

Siomai King founders Jonathan So, president and CEO, and Carlito Macadangdang, vice president and CFO.

Success never tasted better for Siomai King, the country’s most dynamically innovative franchise company, when it bagged the Franchise Company of the Year award at the recently concluded Asia Leader’s Awards  — a distinction it earned for two consecutive years.

This prestigious annual recognition event commends “leaders in different industries who are making a difference” not only in their respective fields but also promoting the country as a premier business hub in Asia and beyond.

The iconic siomai brand has been serving the Filipino siomai loving community for over 16 years. It has become known not only for its rich, mouth-watering, pure meat and affordable siomai variants, but it also caught the attention of the food franchise industry when the pandemic hit the industry the hardest.

The company then swiftly transitioned from being a traditional food cart franchise operation to an out-of-the-ordinary “online franchise” platform.

“During the early months of the pandemic, the choice was simple. It’s either we continue how we operate our business normally and struggle on the market that was crippled by the pandemic or challenge the pandemic head-on by adapting,” Carlito Macadangdang, Siomai King vice president and CFO, recalls.

“The fact is, there is nothing normal about the pandemic, and the way you execute your business operations will determine whether your business will survive or not. Luckily, we have our own I.T. Solutions Company (CloudPanda Ph) and started to develop a different approach where our franchisees can safely and conveniently continue to operate their franchise business, online,” he goes on.

“This is when the online franchise business platform was established and was instrumental in helping our ‘Online Franchisees’ get over the pandemic,” he adds.

Siomai King endorser Ivani Alawi and Ai-Ai de las Alas

Other companies went conservative, limiting spending and growth when it was affected by the ill economic effects of the pandemic.

Siomai King went the other way by taking risks and expanding further, fueling the rising demand for its products as the result of its massive “online franchise” success.

It infused tens of millions in additional capital to further expand its online technological infrastructure and acquired several additional automated siomai machines, sustaining and hiring more to triple its workforce at the height of the pandemic.

Aside from the continued success and acceptance from the general public, Siomai King will continue to innovate not only in the current pandemic situation but, more importantly, once the economy goes back to normal in the next few months to come.

“We always believe that being one step ahead in every situation is vital for establishing our success in the food service and franchise industry,” says Jonathan So, Siomai King president and CEO.

“That is why we continue to innovate not only by adding more and more food choices on our Siomai King Shoplink menu that our online franchisees can market, enabling them to earn ‘anytime, anywhere’ but also calibrating our digital infrastructure for the much anticipated ‘back to normal’ economic status as required by the market,” he goes on.

“Here at Siomai King, we not only think of ways on how we can help our online franchisees earn more and develop food product concepts and options that our customers can enjoy, but we also have our eyes set on how we can help out our communities,” he adds.

Siomai King endorser Ivani Alawi and Ai-Ai de las Alas

Recently, Siomai King launched its newest campaign to help out the different communities in the country by conceptualizing a community-based franchise opportunity that markets its hottest product — The Siomai King Sulit Packs.

These tasty and highly affordable Sulit Packs are the newest innovations of the franchise giant, providing low capital income opportunities specifically designed for the community.

Siomai King will continue to innovate and beef up its product lines and will continue to formulate ways on how it can provide more income opportunities, not only to its existing franchisees but to the different communities as well.

Siomai King founders Jonathan So and Carlito Macadangdang are grateful for the recognition that their company has been recognized for and the advocacy on which the Asia Leaders Award was founded.

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  • How to Start a Siomai Business in the Philippines

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By   Yesh Quijano

November 13, 2023

siomai king business plan

Siomai is a popular snack in the Philippines and has become a staple in many households. With its increasing demand and relatively easy operations, it’s no wonder why many entrepreneurs are venturing into selling this delectable snack.

In this article, we will discuss the ins and outs of starting a siomai business, providing you with tips and strategies to help you succeed. Let’s dive in!

Key Takeaways

Siomai is a popular snack in the Philippines across all age groups.

Starting a siomai business can be profitable with the right strategies and information.

Some tips include finding the right location, creating a unique recipe, and marketing your product effectively.

Is A Siomai Business Profitable In The Philippines?

The good news is that siomai is a very popular food item in the country, and is consumed by people of all ages.

This means that there is definitely potential for profit in selling it, having estimated profit margins ranging from 30% to 150% !

Street food vendors often remain busy, especially if they’re stationed near schools and offices. Common food favorites include fishball, kikiam , squid ball, kwek kwek , and of course, siomai.

For budding entrepreneurs on a tight budget, starting a siomai business is an ideal choice.

Not only is it straightforward to put up, but it also offers high-profit margins. Have you heard about the couple who went from being cash-strapped to raking in PHP50,000 daily with their venture?

How To Start A Siomai Business

siomai king business plan

Here are eight essential steps to get started in your new venture.

Research The Market

Prior to launching your business, it’s crucial to conduct market research to gauge the local demand for siomai.

You can gather information by visiting other dim sum businesses, talking to potential customers, and conducting surveys. While optional, you can also write a siomai business plan .

Pro Tip : Siomai is in high demand nearby schools, offices, or any location that has a lot of foot traffic.

Ensure You Have Sufficient Capital

You will need capital to purchase equipment, and ingredients, and rent a space or purchase a cart. Ensure you have sufficient funds to cover these expenses before getting started.

Siomai businesses will require capital as low as PHP 5,000 but may go up to PHP 30,000 and beyond.

Name Your Business

Select a memorable and appealing name that represents your brand and product effectively. Make sure the name is not already taken and is easy to remember.

Tip: Use this format to create a brand name: [ADJECTIVE] + [FOOD]. For example:

Master Siomai

Papu’s Siomai

Register Your Business

Register your business with the appropriate government agency to obtain the necessary permits and licenses. This will ensure that your business operates legally and avoids any legal issues.

Learn How To Make Homemade Siomai (Optional)

Learn how to make homemade siomai by researching recipes and techniques online, watching videos, or attending cooking classes. You can also experiment with different ingredients to create your own unique recipe. Alternatively, you can find a supplier online.

Kitchen equipment suppliers

NegoPinoy Trading

IBCOM Kitchen Equipment

Catering Depot Philippines

MJD Industries, Inc.

Food suppliers:

ACM Frozen Food Products Suppliers

Great Food Solutions

Maco’s Meat Products Direct Supplier

Princess & Stacey’s Frozen Food Supplier

Packaging suppliers

Binondo Street

Packaging Depot Manila

Grand Champ Packaging

This list of suppliers is taken from Thrifty Pinay . Credit for the list goes to her.

Purchase Essential Equipment

Purchase essential equipment such as a steamer, cutting board, knives, and other kitchen utensils. You may also need to purchase a freezer and refrigerator to store your ingredients.

Find A Good Location

Find a good location for your siomai business that is easily accessible and visible to potential customers. Consider renting a space in a busy market or near a school or office.

Tip : If you’re tight on a budget, a food cart is a cheaper alternative to renting a space. Based on my research, carts only cost PHP 6,000 to PHP 8,000 on Carousell .

Market Your Product

Market your business on Facebook and Instagram. To promote your business, you can try offering seasonal discounts, promotions, and loyalty programs to encourage repeat customers.

Tips For A Successful Siomai Business

siomai king business plan

Find The Price Sweet Spot

Pricing your products just right is crucial to the success of your business. You want to make sure that your prices are competitive enough to attract customers, but also high enough to cover your costs and make a profit.

Research the prices of similar businesses in your area and aim to match or slightly undercut them. For example, if a nearby Master Siomai stall sells Pork and Shrimp Siomai (4pcs) at PHP 55, you can sell yours at just PHP 45.

Consider Offering Refreshments

While siomai is a favorite food for many, customers may also appreciate having refreshments available to complement their meals. Consider offering drinks such as gulaman or iced tea to enhance the dining experience. This is also a nice boost to your sales and profits.

Be Consistent In Quality And Operating Hours

Consistency is key to building a loyal customer base. Make sure that the quality of your food remains consistent and meets the expectations of your customers. Use fresh ingredients and ensure that it is prepared and cooked properly.

In addition, be consistent in your operating hours. Ensure that your business is open during the hours that you have advertised and that you are ready to serve customers when they arrive. This can help build trust and reliability with your customers.

Wrapping Up

To wrap this up, I’d like to share this quote from Teresita Barrientos of Ayo’s Siomai. Teresita has been a siomai seller for 17 years and started with just a PHP 600 capital.

Here’s what she said:

“Huwag susuko, dapat kailangan laban lang para maabot natin ang mga pangarap natin.”

About the author 

Yesh Quijano

Yesh Quijano is an entrepreneur and digital marketer who's been in the game for over 11 years. He started several businesses and helped countless others reach new heights. His goal is to make digital marketing for SMEs simple, accessible, and effective. When he's not working, you can find him cuddling with his two cats.

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Siomai King with House of Franchise Logo

HOUSE OF FRANCHISE

Franchise company of the year, top interesting.

Paylite Program by House of Franchise

Siomai King Community Franchise

  • ₱ 17,888.00

Toktok Franchise Delivery Service

Toktok Franchise Delivery Service

Wholesaler Dropshipping Franchise Package

Wholesaler Dropshipping Franchise Package

60-Day Cell Detox Program

60-Day Cell Detox Program

60-Day Immunity Booster Program

60-Day Immunity Booster Program

60-Day Weight Loss Program

60-Day Weight Loss Program

Siomai King Food Cart

Siomai King Food Cart

  • ₱ 288,888.00

Potato King Food Cart

Potato King Food Cart

Noodle House Food Cart

Noodle House Food Cart

Burger Factory Food Cart

Burger Factory Food Cart

Mang Bok’s Lechon Manok

Mang Bok’s Lechon Manok

  • ₱ 800,000.00 ₱ 498,888.00

Boy Bondat Food Truck Business

Boy Bondat Food Truck Business

  • ₱ 3,000,000.00 ₱ 888,888.00

Our Products

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BENEFITS OF SIOMAI KING ONLINE AND COMMUNITY FRANCHISEE

7 in 1 Food Concept

7 Food Concepts

You will able to sell all 7 Food concept for one time purchase of our Online Franchise package. The package includes Siomai King, Potato King, Siopao Da King, Noodle House, Burger Factory, Mang Bok’s lechon Manok, and Boy Bondat Beef Pares.

Siomai King Online Shopping Own Website

Own Website

No need to create your own website to sell it thru online. We will give you an Six  (6) Online Shop for FREE!

  • Siomai King Opens in a new tab
  • Mang Bok's Lechon Manok Opens in a new tab
  • Boy Bondat Beef Pares Opens in a new tab
  • Copper Mask Opens in a new tab
  • JC Health & Beauty Opens in a new tab
  • Ninja Ion Personal Air Purifier Opens in a new tab

Siomai King Online Franchise products inclusion

Products Included

Our Company wants to give you more not just the franchise and website but we will also give you ₱2,000 worth of Siomai King Products.

Freebies are subject to change without prior notice.

Siomai King Sell Anytime Anywhere

Sell Anytime, Anywhere

No physical store? No need to worry about that. If you have an internet connection and a device, you can start selling your products online. Just use the website we will provide and start earning!  We won’t restrict you for that, you can also sell in front of your house! Click the button below to check our Online store and products we offer.

Siomai King Lifetime Franchise

Lifetime Franchise

This package is one time payment only and you will be an official Online Franchisee of our Company! Good news, this is a Lifetime business for you.

Siomai King Online Franchise No Renewal Fees

No Renewal Fees

There is no monthly and yearly renewal fees for this business and also no Royalty fee for this franchise.

Siomai King Earn Money PHP 30,000

Earn up to ₱30,000+ Monthly

You can Earn 30,000 up to 60,000 every month while at your own home. Also if you use Facebook and Instagram advertising, you can see the Return of Investment in less than 4 weeks . Don’t worry we will teach you!

Potential Income Breakdown

Siomai King Online Franchise potential income

We Deliver, you Earn

Stay at home, no need to worry about inventory and shipping, we will process and delivered it to your customer . All you need to do is focus on marketing your SHOP LINK and selling your product.

Siomai King Manufacturing site

Best Manufacturing

Our company have own machine operated commissary that can product high-quality and safe food products made with sanitary procedures and high quality ingredients.

Siomai King FDA Approved

FDA Approved

This is to ensures that there is a security of the food supply  and our manufacturing site are registered with FDA.

Siomai King Franchise Company of the year 3 straight year

Franchise Company of the Year​

Siomai King Awarded as Franchise Company of the Year for 3  Consecutive year – 2020, 2021 and 2022. We also have other Food Concept under House of Franchise namely Noodle House, Potato King, Boy Bondat, Mang Boks and many more.

Siomai King Community Direct Selling

Proven System

We have a lot of Franchisees Nationwide that Earns thru this Franchise Business .

JC Premiere Health and Beauty

Health & Beauty

We have more! Aside from Food and Copper Mask. We also add in world class Health and Beauty products in your one time purchase of our Online Franchise. More products, more business opportunities for you.

CopperMask & Ninja Ion

CopperMask & Ninja Ion Air Purifier

Aside from 7 Food concepts, we also add in the new and first in the Philippines Copper Mask  and Ninja Ion Personal Air Purifier.

How does SIOMAI KING ONLINE FRANCHISE works?

Siomai King Online Franchise Package Purchase

Purchase one of our Online Franchise Package. Recommended package is Platinum.

Siomai King Online Selling

Sell using your own Shop Link and Website provided by our Company!

Direct Selling

You can also sell in your Community or Neighborhood!

Siomai King Online Franchise Start Earning while at Home

Start Earning up to 20% for each sale from your website and  get paid weekly directly to your Bank Account. And also earn coming from your Direct Selling in your Community and Neighborhood.

Benefits of toktok franchisee.

TokTok Delivery System Nationwide

Delivery Service System

First in the industry of delivery service to offer Franchise. You will be able to hire 100 riders and earn 3% to 7% commission in every successful booking, 15% for TokTok Food  and Toktok Passenger or Hailing service.

How much does A toktok OPERATOR Earn?

They can earn as much PHP 149,940 per month

TokTok Food Earn anytime, anywhere

TokTok Food

Earn Anytime, Anywhere with TokTok Food Franchise. You can earn 15% in every transaction when someone order a food in your toktok app like Jollibee, McDo or KFC.

Yes, its a passenger service where a car can pick up someone to his/her location and drop-off to his destination . This is the first in the industry of transportation service.

You can earn as much 5% in every bookings made for your referred Driver

Earn thru TokTok Mall 3.5% in every sales

TokTok Mall

First and only Online Franchise and Shopping mall in the Philippines. You can earn up to 3.5% in every sales in TokTok Mall.

Our Successful Franchisees

Joseph TokTok/Siomai King Result

Do you have more Questions ? Please visit our Frequently Ask Questions (FAQs)

Latest news, siomai king, the franchising hall of famer of the year 2023, new franchise concept coming soon.

ms-logo-main-kanjiNAI

Master Siomai began as Masterrific Foods back in 1999 as a company specializing in the production and distribution of processed meat such as ham, bacon, burger patties and siomai to its diverse clientele ranging from hotels, restaurants and market places. By the year 2007 the Company ventured into Food Cart and Franchising of its siomai products under the brand name Master Siomai and later on the company became MC Master Siomai Hut, Inc.

Since its founding as a food cart franchising business in 2007, MC Master Siomai Hut, Inc. has become the country’s leading manufacturer and distributor of siomai products. Contributing to the company’s phenomenal success is its use of state-of-the-art innovative equipment which allows for a faster, safer, and more voluminous production. Having 900+ outlets all over the Philippines , Master Siomai has amplified its reach to different types of markets.

Take A Tour!

Owing to its success with their valued customers, the company commits itself to achieve its vision to provide excellent quality and safe meat products for the general consuming public. This is why Master Siomai is now GMP (Good Manufacturing Practices) certified, Triple “AAA” accredited and HACCP Certified previously by the NMIS or National Meat Inspection Service and now by the FDA or Food and Drug Administration of Philippines.

To ensure our continued success and longevity, we have constant exposure through TV Sponsorships, Billboards and Trade Events participation. We are also a member of PFA or the Philippine Franchise Association and AFFI or Association of Filipino Franchisers, Inc. and participate in their events to further develop the industry.

The primary motivation of Master Siomai is to be approachable. We are driven to satisfy both the taste buds and pockets of the modern Pinoy with only the best products made from the best ingredients using innovative technology and a skilled workforce.

Now with over 900 outlets, our continued growth has paved the way for us in launching two brand new Products and Franchising Concepts.

siomai king business plan

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SWOT Analysis of Master Siomai

Master Siomai is a well-established brand that has become synonymous with quality and affordable siomai, a type of traditional Chinese dumpling popular in various parts of Asia and beyond. A thorough understanding of Master Siomai’s strengths, weaknesses, opportunities, and threats can offer meaningful insights into its performance, future prospects, and potential strategies for growth.

Opportunities

  • Established Brand : Master Siomai’s primary strength lies in its brand image and recognition. It has a widespread reputation for serving high-quality siomai, which not only attracts new customers but also retains existing ones.
  • Variety of Products : Unlike some competitors who focus solely on traditional siomai, Master Siomai offers an extensive product range. This variety caters to diverse tastes and preferences, which has enabled the company to attract a wide demographic.
  • Affordability : The company offers value for money, making it an accessible choice for consumers across different income levels. The affordability factor plays a crucial role in driving customer traffic and boosting sales.
  • Extensive Network : With numerous outlets spread across different locations, Master Siomai has a broad reach, making it accessible and visible to potential customers.
  • Limited Global Presence : Despite its popularity and extensive network domestically, Master Siomai’s global presence is limited. This can restrict the company’s market reach and growth prospects.
  • Standardization : While the standardized menu ensures consistency, it may also lead to a lack of novelty. Consumers with changing tastes and seeking new culinary experiences might find the menu less exciting over time.
  • Franchise Expansion : The franchising model provides an excellent opportunity for Master Siomai to expand its business. Developing a strategic plan to increase the number of franchises can help the brand extend its reach, especially in international markets.
  • Menu Innovation : There’s always room for innovation in the food industry. By introducing new siomai flavors or expanding the menu to include other complementary items, Master Siomai can attract a wider customer base.
  • Digital Integration : There’s a rising trend of online food delivery services. By partnering with such platforms or developing its own, Master Siomai can potentially reach more customers and increase sales.
  • Intense Competition : The food industry is marked by fierce competition. New entrants and existing competitors with similar offerings can pose a threat to Master Siomai.
  • Fluctuating Raw Material Prices : The cost of raw materials can fluctuate due to various factors such as climate change, political instability, or economic downturns. Such fluctuations can impact the company’s profitability.
  • Changing Consumer Preferences : Consumer preferences are continuously evolving. If Master Siomai fails to adapt to these changes, it could lose customers to competitors.

Master Siomai is a robust brand with significant potential for growth. However, it’s crucial for the company to continually analyze and adapt to market trends and changes in consumer behavior. By capitalizing on its strengths, addressing its weaknesses, seizing available opportunities, and preparing for potential threats, Master Siomai can maintain its position as a leading player in the industry.

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  5. Siomai King hailed as Asia Leaders Awards' Franchise Company of the Year

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  6. Siomai King Online Franchise: 2023 Cost, Fees & Profit

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COMMENTS

  1. How to Start a Siomai Business in the Philippines

    How to Start a Siomai Business in the Philippines: Siomai is one of Asia's most popular snack options. Before being hailed as a kanto-favorite appetizer in the Philippines, the origins of Siomai predate even before Magellan stepped foot in the country. Shaomai, as the Chinese describe it, originated in Inner Mongolia somewhere between the Ming (1368-1644) and Qing dynasties (1644-1912) of ...

  2. Siomaiya-Marketing-Plan.docx

    II. Introduction Siomaiya Business was introduced on 2018. It was successful in our business simulation. It was the first product to introduced that are different from other stall in terms of its texture and flavor. This product mainly hit to those students who are hungry. Siomai is a traditional Chinese dumpling.

  3. Business Plan Siomai

    Business Plan Siomai - Free download as Word Doc (.doc / .docx), PDF File (.pdf), Text File (.txt) or read online for free.

  4. BUSINESS PLAN

    P10,000 P2/pc Selling Price P10/pc 1st Year operation: 2nd Year Operation: 46. Mix everything together except the prawns Add Prawns to Ground pork mixture Making a circle with your thumb and index finger pack a wonton wrapper and flatten bottom on plate Steam for approximately 10 minutes Voila! Siomai. 47.

  5. Siomai King Franchise Cost & Fees

    Siomai King Initial Investment Initial Investment: PHP 149,888 - PHP 239,888. Ongoing Fees Initial Franchise Fee: PHP 12,000 - PHP 15,000 Siomai King Franchise Profit Embarking on a Siomai King franchise could be akin to finding a pearl within the culinary oyster of the business world. Potential dealers often dive into details, eager to ...

  6. How franchising business Siomai King thrived during the pandemic

    MANILA, Philippines — Siomai King, one of the country's leading food cart franchising businesses, has leaned on adaptability to take on the challenges posed by the pandemic. The pandemic

  7. Siomai King

    About Us. Siomai King started in 2010 and is dubbed as "Ang Hari ng Siomai" because it is the first and original in offering 5 pieces of siomai in one serving. Every bite is guaranteed with good taste and with no extenders which truly gives value for money. With its unique variants of Shanghai, Hongkong, Japanese and Chicken Siomai, no ...

  8. Siomai King: Franchise Company of the Year for two consecutive years

    Success never tasted better for Siomai King, the country's most dynamically innovative franchise company, when it bagged the Franchise Company of the Year award at the recently concluded Asia

  9. How to Start a Siomai Business in the Philippines

    Name Your Business. Select a memorable and appealing name that represents your brand and product effectively. Make sure the name is not already taken and is easy to remember. Tip: Use this format to create a brand name: [ADJECTIVE] + [FOOD]. For example: Master Siomai. Papu's Siomai.

  10. Siomai King Franchising

    Siomai King Awarded as Franchise Company of the Year for 3 Consecutive year - 2020, 2021 and 2022. We also have other Food Concept under House of Franchise namely Noodle House, Potato King, Boy Bondat, Mang Boks and many more.

  11. Franchising Business PLAN

    College of Business Administration Management and Marketing Department Siomai-King Franchise Business " Walang Umay sa Paborito kong Siomai" Business Plan Midterm Exam April 18, 2022 Franchising TTH (12:00-1:00 pm) Name Retaña, Ezekiel O. America, Mary Ruth A. Buan, John Richard Gacayan, Kristine Joy A. Malaca, Leanne Marie

  12. Group 3 microbusiness analysis

    Business Plan Sample for Senior High School ABM Students. ... Master Siomai is a food cart business started on March 2007.Master Siomai's rapid growth can be attributed to its mouth watering and pioneering Japanese siomai, which is a specially made pork siomai wrapped in authentic Japanese seaweed, topped with crabstick, and its very ...

  13. Siomai King Franchising Business

    Siomai King Franchising Business. 1,776 likes. Siomai King started in 2010 & is dubbed as "Ang Hari ng Siomai" because it is the 1st and original in offering 5pcs of siomai in one serving. Every bite...

  14. Business Plan Siomai

    Siomai Business plan. Course. Bachelor of Science in Accountancy (BSA) 715 Documents. Students shared 715 documents in this course. University University of Santo Tomas-Legazpi. Academic year: 2019/2020. Uploaded by: Anonymous Student. This document has been uploaded by a student, just like you, who decided to remain anonymous.

  15. Our Company

    Since its founding as a food cart franchising business in 2007, MC Master Siomai Hut, Inc. has become the country's leading manufacturer and distributor of siomai products. Contributing to the company's phenomenal success is its use of state-of-the-art innovative equipment which allows for a faster, safer, and more voluminous production.

  16. Ilide.info-business-plan-siomai-prb0d04a1d47cb2600cffa2fe5d34688b1

    Analysis of the Competition Strength and Weakness of Competitors Firm 1. Well established 2. Affordable 3. Well known The proposed business has many competitors namely, Siomai House, Master Siomai and Siomai King, the strength of the said competitors is that they already established a name for them and they are the leading Siomai outlet in town. They can be considering as threats because of ...

  17. SWOT Analysis of Master Siomai

    Standardization: While the standardized menu ensures consistency, it may also lead to a lack of novelty.Consumers with changing tastes and seeking new culinary experiences might find the menu less exciting over time. Opportunities. Franchise Expansion: The franchising model provides an excellent opportunity for Master Siomai to expand its business.. Developing a strategic plan to increase the ...

  18. Siomai Legends Business Plan

    SIOMAI LEGENDS BUSINESS PLAN - Free download as Word Doc (.doc / .docx), PDF File (.pdf), Text File (.txt) or read online for free. SIOMAI LEGENDS BUSINESS PLAN

  19. Jelly siomai

    the business. Most of the equipment used are available in every household and acquiring more sophisticated machineries would not be necessary until the business starts its expansion. Since keeping healthy and fit has been a trend in this generation, PINOY SIOMAI offers bite-sized treats topped with fresh meat and sources of protein.

  20. Siomai King Business

    Siomai King Business, Pasig. 1,772 likes. Official Senior Franchise Agent Of Siomai King We can help you to have Siomai King Business @ your desired location!

  21. Siomai King on Dropshipping Business For OFW

    Siomai King on Dropshipping Business For OFW, Pasig. 12,733 likes · 7 talking about this. House of Franchise is one-stop shop franchise business in the Philippines.

  22. Siomai King Business Plan

    Siomai King Business Plan - If you can't write your essay, then the best solution is to hire an essay helper. Since you need a 100% original paper to hand in without a hitch, then a copy-pasted stuff from the internet won't cut it. To get a top score and avoid trouble, it's necessary to submit a fully authentic essay.

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    Siomai King Business Plan. Toll free 1 (888)499-5521 1 (888)814-4206. Essay, Discussion Board Post, Research paper, Coursework, Powerpoint Presentation, Questions-Answers, Case Study, Term paper, Research proposal, Response paper, PDF Poster, Powerpoint Presentation Poster, Literature Review, Business Report, Book Review, Multiple Choice ...