Thailand is quickly growing to be one of the biggest economic powerhouses in South-East Asia. With a steady rise in its GDP and economy, Thai people are working hard to contribute to the country’s growth and ensuring that their country develops to be one of the biggest economies in the world.
Global investors and MNCs have shown great interest in setting up their own business in Thailand due to the growth prospects. If you plan and implement your ideas in the right way, then Thailand can provide you with strong revenue growth over a period of time. Starting a franchise business is comparatively a low risk way to start a brand new business. Here are the top 10 successful franchises that you could potentially look at in Thailand.
TopGun barbershop chain is the largest chain in Russia and the most intensively growing chain in the world! The chain is already spread in three different countries, 45 cities, more than 250 open barbershops and has acquired more than 290 signed contracts. By purchasing a TopGun barber franchise, you are instantly getting a ready-made business model to work on. You will also get support from the management of the company at each stage – be it software, special conditions for equipment purchase and men’s cosmetics, regular chain advertising campaigns, and various other factors that need to be worked on. The initial investment for a TOPGUN barber franchise will be around $55,000 – $60,000. This initial investment includes – 4 chairs and sink, repair, cosmetics, consumables, and three months of premises lease. So, it is a really interesting and promising franchise that you can take over.
If you have a significantly bigger budget which is particularly more than $1 million, then Flip Out is one of the best businesses to start in Thailand. Flip Out is a rapidly expanding global brand with having opened over 70 centers in the last 5 years in Australia, New Zealand, South Africa, Taiwan, Malaysia, Dubai, Mexico, Germany the United Kingdom, and Saudi Arabia. They have already made huge plans in their company to reach more than 200 global stores worldwide in the next year including many within Europe. The market for extreme trampolining has very recently sky-rocketed in the United Kingdom and Europe and also around different countries globally. Thailand is the hub for entertainment and adventure sports. Therefore, it is a great opportunity for you to cash on if you want to make some great revenue in the coming years. The initial investment is anywhere between $1 – $1.4 million. It will include Use of the brand, Access to various systems, Multiple revenue streams, Development of design layout of the store, and also brand-new custom equipment.
If you have a small capital to invest and start a franchise with, do not worry because there is a solution for that as well. Cleanbros Franchise is offering brilliant franchise business opportunities to those who want to start a cleaning business. The company has already carried out more than around 45,000 cleanings and 75% of customers became loyal to them and their number is constantly growing. “Cleanbros” is not just a cleaning company. They offer unmatchable features and services which allow the people to get amazing cleanliness and time-saving facilities. It is the service that has no analogs. 90% of all the Cleanbros Franchise cleaning processes are automated, which allows the people to save time, money, and keep the best prices. The initial investment is around $15,500 – $16,500 which makes it possible for those with small capitals to enjoy a lucrative franchise business in Thailand.
If you love a cup of coffee every morning, then why not start a business with coffee only? Tucano Coffee franchise is one of the fastest-growing coffee business in many parts of the world. Tucano Coffee is not a simple coffee shop. Rather, it is a cafe with a mix of the culture of indigenous Latin Americans along with that one of California specialty coffee. Tucano Coffee is a rapidly developing international business that is spread over 3 different countries and they have already set up 12 coffee shops in all. Their main ambition has always been to make the life of their customers brighter with love and a unique atmosphere. The cafes are decorated with lush interiors along with various delicacies available at affordable rates which attracts a huge amount of customers on a regular basis. Tucano Coffee franchise has a fee of up to $9,310, with a total initial investment of $84,000. It includes – room repair, necessary equipment, and furniture costs, lump-sum payment, outdoor advertising, terrace equipment costs, working capital and the third-party specialist’s services costs, and others.
Who does not like the smell of delicious barbecue and sausages during lunch? Everyone does. So why don’t you set up a delicious franchise of SEORAE Galmaegi in Thailand and provide people with a grand food experience? Seorae is a Korean pork skirt meat BBQ specialty restaurant. They have their own special and unique recipe of marinated pork which differentiates them from other Korean restaurants. This is what makes them so special and popular. Currently, they have more than 94 successfully operating stores in 10 foreign countries that include China, Hong Kong, Canada, Australia, Macau, Singapore, Cambodia, Indonesia, and Japan. They are now looking to expand their business even more and establish a global name in the food industry. The SEORAE Galmaegi has the franchise fee of up to $350,000 (License only) and the cost for store set up investment is around $300,000 – $1,000,000 depending on the size and decors. The cost includes – use of the brand, use of all the recipe, manual and operational system, development of layout design of the store, and the development of brand-new menus. So, if you are a food lover and want to provide your customers with Korean delicacies of the highest order, then a franchise of SEORAE Galmaegi is your best bet.
Krispy Kreme Franchise
Everyone likes to eat sweets and doughnuts, throughout the year. However, in Thailand, there are not many popular sweet shops that will provide you with world-class doughnut, sweets, and other crispy cookies. But Krispy Kreme Doughnuts, Inc., can make that possible. Together with its subsidiaries, Krispy Kreme Franchise operates as a branded retailer and wholesaler of doughnuts, coffee and other complimentary beverages, and treats and packaged sweets. They have more than 1,400 retail shops in 32 countries that are successfully running and generating huge profits. The initial investment for the franchise will be anywhere between $50,000 – $65,000 USD.
RoboThink is an exciting and unique edutainment franchise focusing on STEM enrichment: Science, Technology, Engineering & Math. They provide fun and interactive education and learning classes to the children which offers them with friendly new knowledge and help them to develop skill in various field. RoboThink Franchises offer educational and fun classes, camps, workshops, and events in the fields of robotics, coding, and engineering. RoboThink has a franchise fee of $25,000, with a total initial investment range of $40,700 to $110,500.
Sanford Rose Associates Franchise
Sanford Rose Associates International, Inc. (SRA) is a network of independently-owned executive search firms assisting clients to fill their mission-critical positions by providing executive search and recruitment services for clients around the world. The company was founded in 1959 and is based in Plano, Texas. Various companies and Enterprises required emergency staff due to several reasons and if you open this franchise then it will be a great opportunity for you to make profits by providing high quality and trained individuals to these companies who are in need. Sanford Rose Associates has the franchise fee of up to USD 88,000, with a total initial investment range of $108,250 to $143,580.
Döner & Gyros Franchise
Döner & Gyros Franchise will allow you to provide people with high-quality food and beverages that will help them to lead a healthy life. In a fast-paced world, it is important for you to provide the people with snacks and food items that they can eat on the go and Döner & Gyros Franchise does the same. Their initial investment depends on the demand in the location you want the franchise.
Gerry Weber Franchise
GERRY WEBER International AG is one of the leading German fashion companies with a group of 5 brands – Gerry Weber, Tai Fun, Samoon, HallHuber, and Talkabout. Together, they symbolize fashionable clothes and accessories for all those demanding and high-quality-oriented customers who do not want to compromise on what they are wearing. Gerry Weber has the franchise’s initial investment range of $90,000 to $150,000.
So, here are the top 10 interesting and lucrative franchise businesses that you can think to start in Thailand. Make sure to contact the company authorities whose franchise you want to open and then discuss all the norms, regulations, and conditions that will be required to be followed in order to start a successful franchise business. Legal Assistance in Thailand is available for you on demand.
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