I intend to invest in F&B kiosk franchise, nothing really original, but after visiting Malaysia franchise 2010 at PWTC a few weeks ago I have a lot of doubts...
We discussed with Cool Blog and Each a Cup, sweet beverages and bubble tea concepts. The strange thing was they requested fixed royalties every month (around 1200 MYR). Usually royalties are more percentage of the gross revenue. Cool blog also ask 10000 MYR just to be enlisted for the next opening (first arrived first served). We got an email recently with the next opening in South City Plaza (Seri Kembangan). This mall is completely empty, there is no business possible at this place. So it seems they don't care and they just want the franchise fees and the fixed royalties.
I think DailyFresh is a better concept but I have also a doubt about them. They pretend to have 350 kiosks in Malaysia but they strictly refuse to give the locations list. For all the kiosk franchises, the locations list is available on the website but only DailyFresh refuses to give it even by email or when we asked them directly during the franchise expo.
I don't know where these 350 kiosks could be. They are not present in all the malls (IOI Puchong, KLCC,lot of Tescos, ...) so I'm wondering if they count all the kiosks opened in the last 10 years but already closed since then, what is not a good sign. Do you know a lot of DailyFresh kiosks in your area??? Any of you already DailyFresh franchisee who could give me good feedback from this company?