PMZ Posted September 17, 2023 Share Posted September 17, 2023 Just at the early stage of considering an opportunity that has presented itself. Premises that could be an independent minimart, or 7-11 / FamilyMart franchise. Side soi off of Sukhumvit, about 300m from a BTS, many hotels and condos. Nearest mart is about 300m away (7-11). What are the usual gross margins on items sold in an independent minimart? What are the usual gross margins on items sold in a 7-11 or FamilyMart? Thanks Link to comment Share on other sites More sharing options...
jvs Posted September 17, 2023 Share Posted September 17, 2023 Family Mart is no longer active in Thailand,looks like CP killed another franchise here. Whatever you want to do ,it is a lot of hard work and not as easy as it looks like. 1 Link to comment Share on other sites More sharing options...
Popular Post BenStark Posted September 17, 2023 Popular Post Share Posted September 17, 2023 As far as I know, if you start a 7/11 franchise gross margins are the least of your worries. CP All requires you to pay a certain sum to become a franchisee, and then they set the margins. So they also know exactly what you earn, and if those profits reach a certain level, they will either setup another franchise near you, or build their own, much bigger, company run 7/11 1 1 1 1 Link to comment Share on other sites More sharing options...
scorecard Posted September 17, 2023 Share Posted September 17, 2023 (edited) I rather doubt CP or 7/11 would divulge the information you are looking for. Plus it will be different for different products / product areas and could l frequently change according to the current market forces / market environment and government policies. Plus there will always be 'competitive advantage' factors involved to compare 7/11 pricing / top line / bottom line margins and operational / distribution costs. As said CP (in Thailand) and/or the ultimate 7/11 brand owner (in Japan) have strong controls on the factors which build / change pricing. And nothing you can do to challenge them. Edited September 17, 2023 by scorecard 1 Link to comment Share on other sites More sharing options...
Celsius Posted September 17, 2023 Share Posted September 17, 2023 2 hours ago, PMZ said: Just at the early stage of considering an opportunity that has presented itself. Premises that could be an independent minimart, or 7-11 / FamilyMart franchise. No. That is not how it works at all. 3 Link to comment Share on other sites More sharing options...
Popular Post lopburi3 Posted September 18, 2023 Popular Post Share Posted September 18, 2023 (edited) 10 hours ago, jvs said: Family Mart is no longer active in Thailand,looks like CP killed another franchise here. Whatever you want to do ,it is a lot of hard work and not as easy as it looks like. They didn't kill it - they bought it. Most have rebranded as Tops Daily. And this is not CP but Central Group. Edited September 18, 2023 by lopburi3 1 2 Link to comment Share on other sites More sharing options...
bamnutsak Posted September 18, 2023 Share Posted September 18, 2023 I would search on Thai-language forums, either the help of a Thai (if you are not fluent) or as a start, Google Translate. example: 7-11 franchise site: pantip.com right-click to translate Note that CP/All is part of one of the largest corporations here, and defamation laws are quite severe, so any potential negative aspects may be self-censored? 1 Link to comment Share on other sites More sharing options...
Liverpool Lou Posted September 18, 2023 Share Posted September 18, 2023 15 hours ago, jvs said: Family Mart is no longer active in Thailand,looks like CP killed another franchise here. Family Mart was not "killed by CP", it was bought by Central/Tops and is now called Tops Daily. Link to comment Share on other sites More sharing options...
Liverpool Lou Posted September 18, 2023 Share Posted September 18, 2023 13 hours ago, Celsius said: No. That is not how it works at all. Huh? What is not how what works? Link to comment Share on other sites More sharing options...
circa02 Posted September 19, 2023 Share Posted September 19, 2023 The independents that try to compete with 7 don't seem to last long, you see them pop up in Sukhumvit and Sukhumvit side roads but they come and go quickly within the space of a few years, I think there's a lot of brand appeal to Thai's for 7/11, Tops Daily, Tesco Fresh etc.. even if it's just some silly pokemon stamps. Independents don't seem to scale beyond your mom and pop shop making a tiny subsistence for the soi or village or moon ban, not worthy of any investment. If you have a look on Google Maps street view and go back a few years you may find it was previously a mini-mart especially if the interior is already suitable (hanging ceiling etc..) Link to comment Share on other sites More sharing options...
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