thaipak Posted October 7, 2023 Share Posted October 7, 2023 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. Link to comment Share on other sites More sharing options...
save the frogs Posted October 7, 2023 Share Posted October 7, 2023 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, ... Link to comment Share on other sites More sharing options...
Celsius Posted October 7, 2023 Share Posted October 7, 2023 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. Link to comment Share on other sites More sharing options...
SuperSaiyan Posted October 7, 2023 Share Posted October 7, 2023 Franchising is statistically always a loss if you have only one retail store. Link to comment Share on other sites More sharing options...
bbko Posted October 7, 2023 Share Posted October 7, 2023 5 hours ago, thaipak said: I am looking for some information in regards to frenchise business. Does anyone have a Dairy Queen Contact the folks at Minor Food; https://www.minorfood.com/en 1 Link to comment Share on other sites More sharing options...
ignore it Posted October 9, 2023 Share Posted October 9, 2023 Better and cheaper to just open up a hair salon or nail shop for her. 1 1 Link to comment Share on other sites More sharing options...
thaipak Posted October 11, 2023 Author Share Posted October 11, 2023 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. 1 Link to comment Share on other sites More sharing options...
thaipak Posted October 11, 2023 Author Share Posted October 11, 2023 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. Link to comment Share on other sites More sharing options...
save the frogs Posted October 11, 2023 Share Posted October 11, 2023 I would read the contracts carefully. I believe franchisers have clauses where they can terminate your franchise ... Link to comment Share on other sites More sharing options...
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