With the recent change of Management in Khun Thai Tea. The management of Khun Thai Tea has since been in discussions and is making adjustments to its franchise fees. This pose as a good news for those interested in franchising an established Thai Milk Tea business in the countries of Singapore, Malaysia, Philippines, Indonesia, Vietnam and other neighbouring countries.
According to Mr Jeremy Lee, Global Franchise Manager of Khun THai Tea, his aim is to grow the brand in more regions and thus making it more affordable. This affordable franchise package will be made available only to the first 20 who signs the ageement with Khun THai Tea GFP and have its stores opening before June 2019. The franchise package goes from as low as just USD$50,000 with no recurring fee of royalty and no renewal fees.
The news above also coincides with an announcemen in June from Khun Thai Tea’s global franchise management: Ms. Elis Chai steps down from her position as Managing Partner, leaving Mr. Jeremy Lee to solely take over the reins as Head of the Global Franchise Program.
The transition was made smoothly, and Mr. Lee says worldwide search operations for individual country franchisees and regional master franchisers will continue unaffected.
Whats New with Khun THai Tea?
As part of its continuation on expansion plans as announce in 2017, Khun Thai Tea has thus opened up more stores sinces and is now also in Rpbinsons Place Tuguegarao, Philippines and Discovery Shopping Mall, Bali, Indonesia.
For those who are keen in the franchising opportunity by Khun Thai Tea are to complete a fodm found at http://khunthaitea.com/franchise/ and this applies to all countries including Pilippines and Indonesia.
Tap Into The Thai Tea Trend
Global foodservice is expected to grow over the next five years, with the bulk of growth to remain in Asia where chained penetration remains low, said Mr. Lee. Khun Thai Tea intends to expand its presence in emerging markets by opening more local branches via the franchise business model, amidst a market of maturing economies and growing room for expansion by global chains.
He added, “Khun Thai Tea ticks all the right boxes for expansion in the global business environment, with its novel Asian menu, take-and-go format, generous serving sizes, affordable pricing, and low start-up costs.”
To ramp up expansion, Khun Thai Tea is actively looking for global and local franchisees who are interested in cashing in on the Thai tea trend, said Mr. Lee. The search is not just in the Philippines, but across the world, and especially in the newly master-franchised Indonesia and now in Singapore.
Successful applicants would have at least 3 years of experience managing a business with at least 2 employees, possess enough capital to make the initial deposit, continue franchise payments and support the business for at least 12 months, and of course, possess basic cooking skills.
Individuals interested in starting their own branded F&B foodservice business can contact Mr. Lee via email at Jeremy@khunthaitea.com to explore franchise opportunities.