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Franchise In Thailand


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so how to contact swensens about franchise opportunities?

swensons is part of bill's minor group...one of the largest hotel and food conglomerates in thailande. it is also a SET listed company. if you want to contact them...just google minor group thailand and find their website, where i am sure there would be some contact information and/or address.

ok, i just googled it and here it is http://www.minorfoodgroup.com/About_brand.asp

Edited by jonniebkk
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i just read it cost 350,000- 400,000 USD to start up a pizza company <deleted> lol, i thought it would be cheaper in thailand?? doesnt it only cost 2million baht to open a 7-11?????

Edited by DragonQuest
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i quickly looked into opening an american franchise in thai and it supposedly costs the same as opening in western country....minimum us100,000.

still considering but a little put off by cost as it will take much longer to pay off in baht....as well as shifty political, security, business climate etc.

many knowledgeable business minds say not to invest a dime in thailand now...then again, that's sometimes a good time to invest....although my track record for stocks using that philosophy has not been good....so

any thoughts sunbelt?

what franchises are you into?....which is doing best both in sales to thai and farang?

Oops Forgot one... In fact my wife and I own six franchises

Sunbelt

Subway

Coffee World

Squeeze

Spicchio Pizza

Chester Grill

It just comes down to location in the restaurant business, if your target group is more foreigners or Thais. You could get into these franchises ( approximate costs with three months operating capital) ...

Sunbelt for $50,000 Subway for $100,000, Coffee World $37,500, Squeeze $25,000, Spicchio Pizza $25,000, Chester Grill $150,000.

Coffee World is good as the cost of sales is only 23%. Lower in a tourist area as Thais like more milk and ice with the coffee.

The biggest three keys in a franchise that has a well known brand... location, location, location.

Forth Key is the product

Fifth key is management.

The downside to a mall is most shopping malls take 20-35% of the gross sales for rent. They get 100% of the cash register receipts and pay you the difference in 45-90 days. (100-20= 80% you get paid) You have all the expenses for labor and food costs in the meantime.

www.sunbeltasiagroup.com

This is fantastic information. Thank you very much indeed.

I have a friend who owns buildings near a number of BTS stations and I have been seriously considering 7-11s in his buildings. I'd been going on an assumption that each 7-11 would require about 3 million Baht before becoming cash flow neutral. Coffee World is also a very interesting choice especially with the lower start-up costs.

What kind of revenues does a typical good location get for these different franchises and what's the net margin?

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i think your friend can just rent the space to 711 instead of opening his own if he wanted and get a % of the profits!

That cuts me out of it doesn't it?

I'd like to own the franchises myself and rent from my friend. Owning half a dozen 7-11s should generate a decent monthly income?

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i think your friend can just rent the space to 711 instead of opening his own if he wanted and get a % of the profits!

That cuts me out of it doesn't it?

I'd like to own the franchises myself and rent from my friend. Owning half a dozen 7-11s should generate a decent monthly income?

yeah, if you can find good locations and can negotiate a contract to keep others x meteres from yours.

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pizza company is very large, of course it will take much more than a 711 or a coffee world.

there is also the ethical dilemma of running a restaurant which produces disgusting food.

Hey, you just have to sell the stuff, not eat it! :o

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i think your friend can just rent the space to 711 instead of opening his own if he wanted and get a % of the profits!

That cuts me out of it doesn't it?

I'd like to own the franchises myself and rent from my friend. Owning half a dozen 7-11s should generate a decent monthly income?

yeah, if you can find good locations and can negotiate a contract to keep others x meteres from yours.

The locations I still have to scout out on foot. I know they're all close to stations, just don't know if they're set back from the main roads or not.

My understanding is that you can't prevent other 7-11s opening. If the main company does a traffic analysis and believes it can support another store, they'll let another store open.

Anyone know if this is correct?

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