Babyt 4th Gear January 15, 2011 Share January 15, 2011 Anyone knows? I am also looking at KOI and Gong Cha...wondering how much will be the franchise. ↡ Advertisement Link to post Share on other sites More sharing options...
Karebu 1st Gear January 15, 2011 Share January 15, 2011 hey man. got this list from other forums. try giving the outlets a call. List of Koi Cafe Outlets in Singapore Ang Mo Kio Blk 704 Ang Mo Kio Central #01-2545 Tel: +65 6459 1518 Opening hours: Daily 10.30am Link to post Share on other sites More sharing options...
Berncsp76 6th Gear January 15, 2011 Share January 15, 2011 (edited) I think minimum start up would be at least 80k and above. Shop space 1 mth 10k Staff salary 3-4pax 5-8k ingredients 10k machines 10-15k promotional materials 5k Franchise Royalty min 30k Minimum 1 day must at least make $300-$400 to cover overheads Per cup selling avg $3. Cost $1+, need to sell at least 300 cups to have profits Edited January 15, 2011 by Berncsp76 Link to post Share on other sites More sharing options...
Limxiaoming 2nd Gear January 15, 2011 Share January 15, 2011 If i am not wrong KOI is not a franchise. All the KOIs u see are owned by 1 owner. Pls correct me if im wrong thou... Link to post Share on other sites More sharing options...
Jasonjst 3rd Gear January 15, 2011 Share January 15, 2011 I think minimum start up would be at least 80k and above. Shop space 1 mth 10k Staff salary 3-4pax 5-8k ingredients 10k machines 10-15k promotional materials 5k Franchise Royalty min 30k Minimum 1 day must at least make $300-$400 to cover overheads Per cup selling avg $3. Cost $1+, need to sell at least 300 cups to have profits Wow lau , go Geyland setup chicken shop better , one chicken make $100 dollar , 300 chicken make 30,000 a day ! Link to post Share on other sites More sharing options...
Alheych 6th Gear January 15, 2011 Share January 15, 2011 If i am not wrong KOI is not a franchise. All the KOIs u see are owned by 1 owner. Pls correct me if im wrong thou... it's a taiwan brand. not sure if they came in or someone brought them over through franchise. no harm asking. Link to post Share on other sites More sharing options...
Nerdyfrog Neutral Newbie January 15, 2011 Share January 15, 2011 KOI owner is a taiwanese couple. They are against franchising. 1. They think you will flout their standards and tarnish their name. 2. They want to keep the pie for themselves, not keen in franchising. Link to post Share on other sites More sharing options...
Darthrevan Supercharged January 15, 2011 Share January 15, 2011 Wow lau , go Geyland setup chicken shop better , one chicken make $100 dollar , 300 chicken make 30,000 a day ! chicken shop u need way more money! assuming doing it legally of course Link to post Share on other sites More sharing options...
Jasonjst 3rd Gear January 16, 2011 Share January 16, 2011 chicken shop u need way more money! assuming doing it legally of course Can make money our gaymen will legalise it and issue licenses to the elite/FTs/FWs to operate one lah ! Just see , they might just covert the whole of Geyland into chicken hub of Asia once they run out of new idea to make money ! They are best in buiiding hubs . Financial Hub , IT Hub , Education Hub , Medical Hub , Research Hub , then they get FTs to run these hubs with tax payers money . Slowly all these hubs will fail one lah , FTs only interested in the big bucks only , once the fund run low , they will pack up and go man. Then bo bian get locals to take over the s--t ? In our generation , MM say cannot have Casino . Now run out of idea , say Casino also can as long as Singaporean dont go casino . But ended up 60% local , 40% foreigners go . Link to post Share on other sites More sharing options...
Summer69 Clutched January 16, 2011 Share January 16, 2011 another bubble in the making... only the equipment supplier, reno contractor, food material supplier and landlords will have the last laugh. Link to post Share on other sites More sharing options...
Forte3737 5th Gear January 16, 2011 Share January 16, 2011 for those with no businees experience, i think better dun waste your capital. heard that 9 out of 10 businesses usually fold up if its opened by a novice Link to post Share on other sites More sharing options...
Darthrevan Supercharged January 16, 2011 Share January 16, 2011 for those with no businees experience, i think better dun waste your capital. heard that 9 out of 10 businesses usually fold up if its opened by a novice its the ugly truth according to business statistics, 90% of businesses failed within 1st year, 90% out of the remaining 10% will fail too, leaving the rest..thats the incumbents Link to post Share on other sites More sharing options...
Jman888 Moderator January 16, 2011 Share January 16, 2011 The current bubble tea chain is different from the 90s, these chain dun have franchise but they plan their marketing strategy carefully, looking at the crowd, I see they recoup their investment in 6 months time. Believe me, they are laughing and in 3-4 years time after they make enough, they can franchise to 100000 people and take the last draw before they go ....... Link to post Share on other sites More sharing options...
Forte3737 5th Gear January 16, 2011 Share January 16, 2011 its the ugly truth according to business statistics, 90% of businesses failed within 1st year, 90% out of the remaining 10% will fail too, leaving the rest..thats the incumbents that's why i advise TS against starting a business Link to post Share on other sites More sharing options...
GLZT 6th Gear January 16, 2011 Share January 16, 2011 that's why i advise TS against starting a business Well, most successful entrepreneur tasted failure at least once in their life. Link to post Share on other sites More sharing options...
Complexkid 1st Gear January 16, 2011 Share January 16, 2011 $120k if I not wrong. Link to post Share on other sites More sharing options...
Forte3737 5th Gear January 16, 2011 Share January 16, 2011 info from where? Link to post Share on other sites More sharing options...
Pltang Clutched January 16, 2011 Share January 16, 2011 i just find too many of them make it lose its appeal..... ↡ Advertisement Link to post Share on other sites More sharing options...
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