[WTA] Hailam Kopitiam Franchise, Opinions and Advice
[WTA] Hailam Kopitiam Franchise, Opinions and Advice
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Dec 28 2009, 04:02 PM
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Senior Member
1,749 posts Joined: Oct 2007 |
My friend's mum started 1 few months ago. She said the initial cost is around 300k. The food is ok, but due to too many cafe in that area, I see their business is not that good. But at least it is still better than IRC in that area.
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Dec 28 2009, 04:32 PM
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Senior Member
572 posts Joined: Jan 2003 From: Puchong |
QUOTE(zenwell @ Dec 28 2009, 04:02 PM) u mean there will be more to pay later on? few years back my fren's wife relatives bought a franchise of old town cheras area, invited me to share of 25 to 50k, i was reluctant then, so i passed & now that franchise is doin approx 10k nett profit mthly for the past 1.5yrs... |
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Dec 28 2009, 05:07 PM
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Junior Member
281 posts Joined: Mar 2007 |
guys,
if the franchise owner lari or dun wan to do anymore, what will happened to the franchisee? need to close as well or we can continue using the same brand name or change other name?? |
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Dec 28 2009, 05:13 PM
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Senior Member
1,749 posts Joined: Oct 2007 |
QUOTE(T630 @ Dec 28 2009, 04:32 PM) u mean there will be more to pay later on? I didn't ask in details. But i assume 300k is including renovation, franchise fee, initial start-up cost, 1st mth rental, starting operational cost etc. There after monthly is salary and other overhead. I'm not sure. But my fren's mum told me 300k, 5 shareholders, all paid in cash.few years back my fren's wife relatives bought a franchise of old town cheras area, invited me to share of 25 to 50k, i was reluctant then, so i passed & now that franchise is doin approx 10k nett profit mthly for the past 1.5yrs... |
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May 10 2010, 08:33 PM
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Senior Member
1,711 posts Joined: Nov 2006 |
Since franchise brands are very common these days, I say... Location is everything to franchises like these... must be placed in an area with steady traffic flow plus easy accessibility (parking, medium congestion, etc). |
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May 10 2010, 10:23 PM
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Junior Member
171 posts Joined: Sep 2008 |
QUOTE(zenwell @ Dec 28 2009, 04:02 PM) My friend's mum started 1 few months ago. She said the initial cost is around 300k. The food is ok, but due to too many cafe in that area, I see their business is not that good. But at least it is still better than IRC in that area. rm10k net profit monthly is not good right? can turn into losses if business drop a bit |
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Sep 15 2010, 05:54 PM
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Junior Member
125 posts Joined: Sep 2010 |
Last time I see kopitiam business is damm profitable...
But nowadays I se many kopitiam tutup kedai.... hmmmm... it looks risky.. |
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Sep 15 2010, 06:06 PM
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All Stars
11,058 posts Joined: Jun 2008 |
Fashion almost over
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Sep 15 2010, 06:11 PM
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Junior Member
125 posts Joined: Sep 2010 |
What I'm sure is that red Island cafes sure tutup kedai after opening for a while..
Scam victims.... |
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