QUOTE(Irfan2397 @ Jul 21 2012, 01:08 PM)
So how much is total cost include franchise fees + renovation + everythings ?tutti frutti
tutti frutti
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Jul 21 2012, 01:31 PM
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2,494 posts Joined: Feb 2009 From: Kuala Lumpur Dataran Merdeka |
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Jul 21 2012, 01:49 PM
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1,693 posts Joined: Sep 2010 From: THe Hell |
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Jul 21 2012, 02:02 PM
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2,494 posts Joined: Feb 2009 From: Kuala Lumpur Dataran Merdeka |
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Jul 21 2012, 02:16 PM
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1,693 posts Joined: Sep 2010 From: THe Hell |
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Jul 21 2012, 02:27 PM
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2,494 posts Joined: Feb 2009 From: Kuala Lumpur Dataran Merdeka |
QUOTE(Irfan2397 @ Jul 21 2012, 02:16 PM) 5years without paying a single cent except for the ingredient supply.And 3years warranty for the machine. hmmm So after 5 years they will need you to pay the franchising fees again ? Seems abit costly with the machine & total cost , most probably franchisor earn abit from renovation & machine cost from you . Good Luck in your business , this business is quite fresh for me |
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Jul 21 2012, 02:29 PM
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1,693 posts Joined: Sep 2010 From: THe Hell |
QUOTE(Hunakadoo @ Jul 21 2012, 03:27 PM) hmmm Yes 5years again only pay 100k to renew license.Thx for the support So after 5 years they will need you to pay the franchising fees again ? Seems abit costly with the machine & total cost , most probably franchisor earn abit from renovation & machine cost from you . Good Luck in your business , this business is quite fresh for me |
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Jul 21 2012, 02:38 PM
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2,494 posts Joined: Feb 2009 From: Kuala Lumpur Dataran Merdeka |
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Jul 21 2012, 04:44 PM
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318 posts Joined: Dec 2006 From: israel |
QUOTE(max_cavalera @ Jul 19 2012, 09:24 PM) lol kesian irfan....get conned to go into franchise business....already study extensively more than 8 years back....8 out of 10 will be in great losses....only the franchisor makes the big bucks with licensing fee...if not believe go search old news whr a group of franchise holder went bankrupt or in the red for many many years... another arrogant? lolhe's opening another r&d centre so why pity him? Can help to discover what taste flies like most.. |
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Jul 21 2012, 04:50 PM
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5,614 posts Joined: Jun 2006 From: Cyberjaya, Shah Alam, Ipoh |
wow....refinance ur family home?? dats a huge gamble to take....if the business went bad could lose ur house...u better promote this thing aggressively...i would suggest distribute any sort of discount membership card or something to d student....its okay to get lower profit margin at least they will fill ur shop n get you regular repeat cust....dont be like tutti frutti so classy new customer come charge rm20-30...after dat only manage to attract a few cust daily...
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Jul 21 2012, 04:56 PM
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Senior Member
2,494 posts Joined: Feb 2009 From: Kuala Lumpur Dataran Merdeka |
QUOTE(max_cavalera @ Jul 21 2012, 04:50 PM) wow....refinance ur family home?? dats a huge gamble to take....if the business went bad could lose ur house...u better promote this thing aggressively...i would suggest distribute any sort of discount membership card or something to d student....its okay to get lower profit margin at least they will fill ur shop n get you regular repeat cust....dont be like tutti frutti so classy new customer come charge rm20-30...after dat only manage to attract a few cust daily... Snogurt memang got -15% for student already .for the membership card, he is just franchisees ,can't simply give out member card one |
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Jul 21 2012, 06:13 PM
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814 posts Joined: May 2011 |
QUOTE(max_cavalera @ Jul 21 2012, 04:50 PM) wow....refinance ur family home?? dats a huge gamble to take....if the business went bad could lose ur house...u better promote this thing aggressively...i would suggest distribute any sort of discount membership card or something to d student....its okay to get lower profit margin at least they will fill ur shop n get you regular repeat cust....dont be like tutti frutti so classy new customer come charge rm20-30...after dat only manage to attract a few cust daily... Ss15 Snogurt not mistaken it's buy one free one on weekdays and 50% discount on weekends |
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Jul 21 2012, 11:06 PM
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3 posts Joined: Jul 2012 |
i think most customer also malay and chinese
depend on what area ur shop operate in |
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Jul 22 2012, 12:29 AM
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1,693 posts Joined: Sep 2010 From: THe Hell |
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Jul 22 2012, 12:31 AM
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262 posts Joined: Mar 2008 |
Went once and i did not read the charges properly, put as much toppings as possible, it says free, (nothing is free!), weighed up, 16bucks ++ i almost pengsan there ..
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Jul 22 2012, 12:32 AM
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Senior Member
1,693 posts Joined: Sep 2010 From: THe Hell |
QUOTE(max_cavalera @ Jul 21 2012, 05:50 PM) wow....refinance ur family home?? dats a huge gamble to take....if the business went bad could lose ur house...u better promote this thing aggressively...i would suggest distribute any sort of discount membership card or something to d student....its okay to get lower profit margin at least they will fill ur shop n get you regular repeat cust....dont be like tutti frutti so classy new customer come charge rm20-30...after dat only manage to attract a few cust daily... No,no not refinancing our family home.My parents is PKNS stuff.He get to buy land below market price if work more than 15years.So they each have one lot.So we are refinancing one of them.Added on July 22, 2012, 12:34 am QUOTE(MrbryanChong @ Jul 22 2012, 12:06 AM) Our target customer mostly is working adult that practice healthy lifestyle,UITM students and family.This post has been edited by Irfan2397: Jul 22 2012, 12:34 AM |
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Jul 23 2012, 02:04 AM
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All Stars
21,456 posts Joined: Jul 2012 |
QUOTE(Irfan2397 @ Jul 21 2012, 02:16 PM) 5years without paying a single cent except for the ingredient supply.And 3years warranty for the machine. Without paying for loyalty, franchisees can’t expect from franchisor cohesive national advertisement and promotion, products development, training, supports, QA/QC, etc. On the other hand, without monitoring and control from the franchisor, franchisee can use alternative raw materials, ingredients and SOP, add items to menu, etc. Down the road, one can expect huge variance between franchisees. |
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Jul 23 2012, 07:43 AM
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Senior Member
1,693 posts Joined: Sep 2010 From: THe Hell |
QUOTE(icemanfx @ Jul 23 2012, 03:04 AM) Without paying for loyalty, franchisees can’t expect from franchisor cohesive national advertisement and promotion, products development, training, supports, QA/QC, etc. On the other hand, without monitoring and control from the franchisor, franchisee can use alternative raw materials, ingredients and SOP, add items to menu, etc. Down the road, one can expect huge variance between franchisees. They say the will only charge loyalty if they have more than 100 outlet nationwide. |
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Aug 13 2012, 02:55 PM
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Senior Member
1,693 posts Joined: Sep 2010 From: THe Hell |
Guys just to remind you,My Outlet is opening on 1st September,There will be 30% discount for 1st month opening,Hopw to see you all there
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Aug 15 2012, 10:38 AM
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Junior Member
265 posts Joined: Feb 2010 From: PJ |
definitely is an overprice retail. failed!
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Aug 15 2012, 03:54 PM
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92 posts Joined: Mar 2012 |
which franchise wud be the recommendation then? for housing area? not those in the mall. Food, preferably. Ard 500k budget.
This post has been edited by K5WHITE: Aug 15 2012, 03:54 PM |
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