How to start Teh Tarik Place franchise in Malaysia: Cost & investments, requirements
By Spider Computech on Thursday 16 November 2017
Teh Tarik Place is a popular authentic Malaysian street cuisine was founded in 2007. Today there are over 25 Teh Tarik outlets in Malaysia and is looking for expansion to open at least 100 new Teh Tarik Place restaurants throughout Malaysia within 10 years. If you want to associate yourself with this popular street food franchise of Malaysia, read on to know how to open Teh Tarik Place franchise in Malaysia, investments and requirements, how to apply, whom to contact and other details.Why to open a Teh Tarik Place restaurant: Franchisor profile
Teh Tarik Place was founded by two food-loving best friends who wanted to open affordable and high-quality mamak eateries. Teh Tarik Place is owned by Chaswood Resources Group, Malaysia's largest multi-concept and multi-format operator in the food and beverage sector. The popular dishes of Teh Tarik Place includes crispy hand tossed Roti Canai, spicy Nasi Lema, wok style Mee Goreng Mamak with a cup of frothy Teh Tark is a great hangout place for the hipsters in Malaysia. We can say that the start-up and operating cost for Teh Tarik Place franchise are less than when compared to other franchise opportunities of the same category. The franchise system of Teh Tarik Place provides all information you need to operate this cuisine business, so no prior restaurant experience is required. Also depending on the location, one can maximize the revenue by maximizing the business hours from early breakfast to supper. Teh Tarik Place offers an excellent support system for its franchisees in terms of location sourcing, design and concept, brand building and management, operational manual, marketing and promotions, comprehensive training, on-going visits and supports and more. So joining hands with a growing brand will give you great earnings and opening a Teh Tarik Place franchise is for sure a profitable franchise opportunity in Malaysia.
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Teh Tarik Place franchise: Investments, franchise fee, expected profit, requirements
A moderate investment is required to open Teh Tarik Place franchise of about RM600,000. The franchise fee is RM60,000. The term of the agreement is for 5 years which is renewable and the renewal fee is 3% of the average sales of 4th and 5th year of operation. Also, you need to pay royalty charges of 5% of monthly gross sales and 3% towards marketing fees. Teh Tarik Place gives you a faster ROI where you can expect a decent transaction from the day you open your restaurant.
Teh Tarik Place franchise in Malaysia: Available locations
In Malaysia, Teh Tarik Place franchise available locations are Pahang, Selangor, Kuala Lumpur, Putrajaya.
How to apply for Teh Tarik Place franchise?
If you have the financial capacity to finance the franchise Teh Tarik Place, you need to send them a mail at franchise[at]tehtarikplace[dot]my, showing your interest to start Teh Tarik Place restaurant. As soon as they receive your mail, a member, from the development team will contact you for further discussion. So you don't have any other option to contact Teh Tarik Place to get franchise opportunity other than mailing them on the given mail id.
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