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Posted

Hi 

 

I am looking for some information in regards to frenchise business. Does anyone have a Dairy Queen or KARMART Frenchise. Any information is welcome. 

Posted

sorry, this may not be very helpful. 

no personal experience with a franchise.

just thinking out loud. 

 

rules and regulations may differ from a normal business.

not sure if it means you don't need 51% "thai partner" ??

 

https://www.konradlegal.com/2022/11/30/how-can-a-foreigner-start-franchise-business-in-thailand/

 

This type of business relationship also has interesting legal advantages:

  • Foreigners will not have to deal with Thai restrictions on foreign entrants
  • They are not subject to Thai legal restrictions on foreign parties: such as the Foreign Business Act, the Tourism Act, ...

 

Posted

Better go with small franchise. 

 

I am at the Mall Bangkapi now and it is being renovated top to bottom. One wonders what happens with all the restaurants that have a lease there. Also obligatory  updates and renovations once in a while.

Posted
On 10/7/2023 at 6:32 PM, save the frogs said:

sorry, this may not be very helpful. 

no personal experience with a franchise.

just thinking out loud. 

 

rules and regulations may differ from a normal business.

not sure if it means you don't need 51% "thai partner" ??

 

https://www.konradlegal.com/2022/11/30/how-can-a-foreigner-start-franchise-business-in-thailand/

 

This type of business relationship also has interesting legal advantages:

  • Foreigners will not have to deal with Thai restrictions on foreign entrants
  • They are not subject to Thai legal restrictions on foreign parties: such as the Foreign Business Act, the Tourism Act, ...

 

I have already have few companies since year 1999. Its just that frenchise idea just came to my mind as

my son  is opening an other company to sell limited edition sneakers.  

  • Thumbs Up 1
Posted

Thanks everyone, got good information here. After searching online I found out the Minor food asking 6-7 Million baht for Swenson, and 1.5 million for Dairy Queen. The duration for the frenchise is 10 years. 

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