When someone invests in a 711 shop in Thailand, do you get an exclusive “ territory “ i.e. an understanding that the company will not open another 711 except based on a mutually agreed distance from your shop?
Isn’t it a bit daft to open too many of these convenience stores within very close proximity to each other? For example there has already been a 711 shop in Jomtien near the Centara Grand hotel but today I couldn’t believe it when I saw that when you go just around the corner to Phratamnak 6 Alley they are opening another one! And in between these two shops there is already a Tesco minimart and then there is already an existing family Mart next to the new 711.
I believe the franchise costs for a 711 are not insignificant and at the very least one would expect an exclusive territory so you at least have a reasonable chance of making a return on your investment. But when they open so many so close to each other it doesn’t seem fair or such a good deal for the franchisee to me?