their valuation is always 5x
so this year 8mil in 5 years time should be earning 40mil liao lol ...

just came to sabah kk couple months ago opening 1 outlet and within 2-3 months already open 4-5 outlets. crazy..

drinks are ok for the price la.. buy 1 free 1 for first time user.. got 2 numbers/phone can use 2 times lol

recently less patronize zus already coz they also price hike.

used to buy around 3-4 times per week.. zero latte w/ soymilk or oatly depending on mood.

see logo already know copycat brand

Gloria jeans mana

cut franchise chives?

I know the Antipodean guys- modest not say how much they make but I reckon 20%NP. ZUS is 3%NP? This doesn't make sense to me. Unless the principles taking money out before the bottom line. 3-5% is the model you would see in Sydney or Melbourne on a cafe/resto- ZUS should be hitting 25% NP

Valuation is tricky. When appealing to crowd funding you can be emotive promise the world. Actually in retailing we say a brand is 8-12x NP. So assuming a 500,000rm 4-6,000,000. I cant see the brand being worth 40,000,000 - this is pipedream stuff and as several people have already said- beware the Luckin model. Look- I am not trashing ZUS they have done well but what does the brand offer that is unique? Nothing. This is the barrier for taking on the giants of the business and I am not talking Starbucks. I am talking Indian competition. Need to make unique.

Good point- but not correct. In Malaysia a cafe model- not a complicated one like Yeast or Breakfast Thieves - but a coffee/wrap/cake system based on T/A and a customer count of +/- 100 pax/day should be able to hit a NP of 25-28%. In Indonesia the same model 38-42%. Philippines 12-15%. Only in Singapore. HK and the like would you ever expect a 3% NP - I would expect in Zus case (unless its being mismanaged which you would doubt) the low NP is because they are minimizing tax exposure. That makes sense on one hand- but can adversely affect investor confidence on the other. The appeal to these expanding new players is a potential institutional investor interest in the business- this isn't necessarily because of high NP or EBITDA % but more the coverage they have through Malaysia and the proven trackrecord of attracting massive crowdfunding interest.

Why you created so many accounts?

Because they are earning more from investor side. And they are more interested to do so.

Just my pov. Recently got more and more investors find me.. Maybe one day my biz NP 20+% become 2% also lmao.

But personal income x50

Even Nescafé is better than this

just google
https://lkcoffee.com/
sooner or later zus will be like them

Go to https://petakopi.my to see the list of freshly brewed coffee around you. Lots of small shops who are trying their best to serve real coffee

i like the zirty latte

Franchise selling coffee is always, GARBAGE.
They only busy selling their franchise.

I was gonna say the same thing. Considering how fast Zus is expanding, I think they might be reinvesting the profit hence the lowered profit margins?

I also tatse sekali jer zus and never went back anymore.nothing special,many other shop taste better.

As far as business point , couldn't see the potential.if all based on investor pumping money in instead of generating healthy profit .

come to think about this, if their product is really great, then why they need to be so aggressive in gaining fundings? if they have a great product, then surely they will be able to grow and capture the market
if they so aggressive in gaining more fundings to expand, then most likely their product sucks and they are just finding waterfishes to fund the expansion of their company or brand

It's to con investors lah