The outlet offers the combination of good food with comfortable ambience for you to enjoy the day to its fullest. Our flagship outlet in Seremban 2 has grown successfully into a full fledge licensed chain with 2 other outlets in Jusco Kepong and Ara Damansara NZX respectively…..
Foodtiam Coffee Corporation Sdn. Bhd., founded in March 2008 started its first concept outlet in the famous township of Negeri Sembilan in Seremban 2. The outlet offers the combination of good food with comfortable ambience for you to enjoy the day to its fullest. Our flagship outlet in Seremban 2 has grown successfully into a full fledge licensed chain with 2 other outlets in Jusco Kepong and Ara Damansara NZX respectively. Foodtiam Coffee offers the best coffee experience in a comfortable ambience alongside with our famous Malaysian Cuisine.
Foodtiam Coffee plan to grow the licensing aspect of our business in Malaysia progressively, from 3 outlets to 25 outlets over the next three years. Interested entrepreneurs who qualify are invited to join Foodtiam Coffee family as our licensees and grow the business together.
How much money can I make as a Foodtiam Coffee licensee?
We expect our licensees to have good returns in the first few years. However, profitability also depends on a number of factors, including sales, location, occupancy and operating costs as well as the ability of the licensee to manage and control the business.
What is the first step to obtain a Foodtiam Coffee License?
Each party involved is to submit an application form. Qualified parties will be notified and invited to a Foodtiam Coffee Business Meeting at our Seremban Office to begin the process.
How much will the initial investment cost?
To ensure that we can accommodate the different kinds of people interested in our business, our license approach is flexible. Basically we offer two main types of license packages:
Developmental, where the licensee meets all costs of required investment.
Conventional, where the cost of investment is shared between Foodtiam Coffee Corporation Sdn. Bhd. and the licensee.
The initial investment varies according to the type of outlets, i.e. mall outlets or shop front outlets and it al
so depends on its location, size, style of décor and landscaping. The total cost to build a Foodtiam Coffee outlet ranges from about RM300,000 to RM450,000 depending on the type of outlet as mentioned previously and the cost will include: all equipment, the entire store fit out, the initial license fee, the security deposit as well as the training fee. The initial investment depends on the type of license package and outlet.
What are the initial costs?
(a) RM 50,000
License Fee paid prior to the commencement of the license for a period of 10 years.
(b) RM 25,000
Interest-free security deposit for the faithful performance of the license (approximately 2 months’ deposit for royalty, advertising & promotions and stock supplies or 3 months’ rental deposit), refundable upon the expiration of the license.
(c) RM 40,000 – RM 50,000
Pre-opening expenses – Foreign workers application fees, training and salaries, stock supplies, living expenses while training and other normal start-up costs.
(d) RM 200,000 – RM 250,000
Approximate cost for kitchen equipment, signage, seating, POS system, CCTV, decor and landscaping.
(e) RM 100,000 – 150,000 [depending on store type (Mall or Shop Front)]
Approximate cost for all civil works, ventilation system and renovations to the premises.
What are the Ongoing Fees?
(a) Royalty Fee
A Royalty Fee, which is a system fee, is based on a percentage of the outlet’s monthly gross sales, which is currently at 3%.
(b) Advertising & Promotions Fee
Currently at 2% of the outlet’s monthly gross sales.
What are the other Fees involved?
Training Fee of RM 5,000.00 which is for the training of 1 Management Staff and 6 General Workers for a duration of 4 weeks.
What kind of training does Foodtiam Coffee provide?
Licensees and their team must attend and successfully complete the Foodtiam Coffee unique Business Management Training Program. The Training Fee includes the cost of lodging and meals for the 6 General Workers.
What kind of continuing operations support will the Licensee receive?
Besides the Operation Manual and other materials, our Foodtiam Coffee Operation Executives will visit each licensed outlet regularly to render on-site assistance besides helping you to set up your first outlet. In addition we will provide you with on-going training, guidance and support to ensure your business remain competitive.
Do I need to be involved in day-to-day outlet operations?
One of the partners/shareholders has to be appointed as the Managing Principal of the licensed business. The Managing Principal is required to undergo the full initial license training and to spend a reasonable amount of time to oversee the overall aspects of the Foodtiam Coffee licensed business. However, competent outlet managers and staff can be hired to manage the daily operations of the licensed business.