How can I open a franchise in Malaysia?

How can I get franchise in Malaysia?

An application can be submitted through the Malaysian Franchise Express portal at http://myfex.kpdnkk.gov.my/portal/. Prior to registration, the franchisor must have operated at least one outlet for 3 years.

What is the most profitable franchise in Malaysia?

Top 50+ Best Franchise Businesses in Malaysia

  • Tealive.
  • OLDTOWN White Coffee.
  • Secret Recipe.
  • Boost Juice.
  • The Manhattan Fish Market.
  • Marrybrown.
  • Gloria Jean’s Coffees.
  • Big Apple Donuts & Coffee.

Is franchise business profitable in Malaysia?

Though their initial capital fee is higher compared to other companies, it’s very profitable simply because a lot of people can get their most important wants and needs met here.

How do I open up my own franchise?

How to Open a Franchise in 7 Easy Steps

  1. Do Your Initial Research. …
  2. Attend Discovery Day. …
  3. Review Your Franchise Agreement. …
  4. Get the Right Franchise Funding. …
  5. Choose a Franchise Location. …
  6. Take the Provided Franchisee Training. …
  7. Prepare for Opening Day.

What is the cheapest franchise to open?

12 best low-cost franchises for aspiring business owners

  1. Cruise Planners. Franchise fee: $10,995. …
  2. Fit4Mom. Franchise fee: $5,495 to $10,495. …
  3. Chem-Dry. Franchise fee: $23,500. …
  4. Jazzercise. Franchise fee: $1,250. …
  5. Stratus Building Solutions. …
  6. SuperGlass Windshield Repair. …
  7. Mosquito Squad. …
  8. Pillar to Post Home Inspectors.
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What are the best business to start in Malaysia?

BEST PROFITABLE BUSINESS IDEAS IN MALAYSIA 2021

  • Export-Import. Most of the FDI is coming in the Export & Import section. …
  • Car wash & Automobile. …
  • IT Business. …
  • Departmental store. …
  • Construction or real estate business. …
  • Small restaurant & food supply. …
  • Laundry. …
  • Tourism.

How can I open a 7 Eleven franchise in Malaysia?

Convenience store 7-Eleven Malaysia (SEM) has rolled out its latest franchising package, now offering local entrepreneurs to become partners in managing its outlets. It requires only RM250,000 in investment from franchisees willing to operate and manage these stores on a full-time basis.

How much is it to open a KFC franchise?

But opening a KFC restaurant requires a lot of money at the start. The company requires operators to have at least $1.5 million in total net worth and $750,000 in liquid assets. KFC also charges its operators a $45,000 franchise fee, according to Franchise Direct.

How can I open a McDonald’s?

Most McDonald’s owner/operators have entered the corporation by purchasing an existing restaurant. A McDonald’s franchise requires a total investment of ~Rs 6.6 Cr-Rs 14 Cr, with liquid capital available of Rs 5 Cr. The franchise fee is Rs 30 lakh. As a franchise, you will be charged a service fee of 4% of total sales.

How can I open a Starbucks franchise in Malaysia?

How can I join Starbucks as a franchisee in Malaysia? All Starbucks stores in Malaysia is operated under a fully-owned company-operated model under Berjaya Starbucks Coffee Company Sdn. Bhd. We do not have a franchise model in the market.

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How do I open a 99 Speedmart franchise in Malaysia?

Fill up the Tenancy Application Form below and fax it to us at 03-3362 6573. The proposed sites should meet the following criterion: Store space requirements of 2,000-5,000 square feet. High visibility and excellent accessibility.

What’s included in franchise fee?

The franchise fee covers the cost of your application, training, initial marketing and advertising, sales commission and general costs incurred by the franchisor’s corporate team in getting you all set up.