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 --- The Franchising Thread ---, All about franchising

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forever1979
post Jan 19 2014, 10:16 AM

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QUOTE(edyek @ Aug 24 2010, 10:41 AM)
Same here.  biggrin.gif
*
Me too.
But for business wise, OldTown is doing much better now in term of expansion, marketing and pricing.
I can go there for breakfast everyday because is really affordable.

forever1979
post Jan 21 2014, 10:13 AM

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I am considering to join a franchise programme in selling (retail) fresh water fish.
Basically it is operating at shoplot in neighborhood taman while the franchisor will take care of the supply (as they do own farms)

Franchise fee is reasonable at RM20K, plus the set up cost about RM60K.
This concept is new and i would say less competitive.
The market is unknown as i think people will either by from wet market or prefer the sea water.

However, I see it got potential as
1. Live fish is more health conscious
2. new generation will not like to shop in wet market.
3. The biz can expand into other seafood and related product.
4. The main issue of the fresh water fish is the muddy smell, which this company's farm is having the technology and the way they rear the fishes make the problem solved.

However, the most crucial part is the overhead cost which are the rental, staff salary etc.
As the biz require a good location and must be a ground floor, thus monthly rental alone is RM5K in general.


 

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