I am the Master Franchise owner in South-East Asia that wants to let go half off my shop space. We prefer do from A to Z before we Franchise out to outside under MEELANZ (Appearance, Value, Confidence) because a lot people joint Franchise but do not have any experience at Brand & retail management. The shop is fully renovated, no renovation cost for you! You can start your business immediately! For those who want to start up their new business, this could be the Best Choice, Location at Millennia Walk, link to the Promenade Mrt (circle line); 5mins walk to Marina Sand Casio! Consumers has buying power including tourist and office workers! The rental is much lower than Orchard, 255sqt@ $2500/month Plus 10%(by PARCO Marina Bay) excluding the 7%GST. Anyone who interested can call for viewing
Registered: December 2010 Location: bedok Posts: 11
Comment Date: February 2, 2011
i'm interested
khonglim810529 Member
Registered: December 2010 Location: bedok Posts: 11
Comment Date: February 3, 2011
Commitment Period: 1 year
xoxoxo Senior Member
Registered: May 2007 Location: East Posts: 186
Comment Date: February 3, 2011
Sorry, a bit confused. So are u letting go half your shop or are u looking for people to take up the franchise or both? If take up franchise only, what happen to the other half of the shop? Located in Millenia Walk is one thing, knowing who is located right next to you is also important.
Also, are we allowed to carry other brands and sell other related products eg accessories, bags, etc?
And is it plus 10% (in your description) or plus 20% (in your rental per mth/wk/day)?? And 10% of what?
When u say "Milan Fashion", are these replicas of Milan designers' wear?
How long has your fashion business been around? Perhaps u can share with us a bit more about your fashion business. It makes sense to pay for a franchise if and only if it's an established brandname with good management good operation practice.
khonglim810529 Member
Registered: December 2010 Location: bedok Posts: 11
Comment Date: February 3, 2011
Reply to xoxoxo.
1) Looking for people to take up the franchise
2) You are welcome and allowed to carry other brands and sell other related products eg accessories, bags, etc
3) Sorry should be 20% (if sales more than 25K, Parco will take 5K)
4) More than 5 years since 2005 established in HK and whole China.
call me at 98863474
xoxoxo Senior Member
Registered: May 2007 Location: East Posts: 186
Comment Date: February 4, 2011
Thanks for the reply.Just noted that the 1st comment "I'm interested" was posted by yourself The 2nd comment "commitment period: 1 year" was also posted by yourself. So is the commitment period 1 yr or 3yrs (per details above).
xoxoxo Senior Member
Registered: May 2007 Location: East Posts: 186
Comment Date: February 4, 2011
Sorry, one other question. 20% to Parco sounds very high despite rental being only $2500. So it is 20% of GROSS SALES?
Being a franchise arrangement, so it means that your company will provide the products? U have not answered my previous questions - When u say "Milan Fashion", are u referring to replicas of branded designs? Or do the apparels carry its own brand label "MEELANZ".
It's good and bad I guess to be allowed to carry other brands. Good because there are varieties. Bad because being a franchise, it seems to have lost its identity.
khonglim810529 Member
Registered: December 2010 Location: bedok Posts: 11
Comment Date: February 4, 2011
1st comment "I'm interested" was posted by myself.
for testing
The 2nd comment "commitment period: 1 year" was also posted by myself. So is the commitment period 1 yr or 3yrs
i am sorry commitment period is 1 yr
khonglim810529 Member
Registered: December 2010 Location: bedok Posts: 11
Comment Date: February 4, 2011
Sorry, one other question. 20% to Parco sounds very high despite rental being only $2500. So it is 20% of GROSS SALES?
[color="red"]Don
khonglim810529 Member
Registered: December 2010 Location: bedok Posts: 11
Comment Date: February 4, 2011
Sorry, one other question. 20% to Parco sounds very high despite rental being only $2500. So it is 20% of GROSS SALES?
Don
khonglim810529 Member
Registered: December 2010 Location: bedok Posts: 11
Comment Date: February 4, 2011
Sorry, one other question. 20% to Parco sounds very high despite rental being only $2500. So it is 20% of GROSS SALES?
[color="Red"]Don
khonglim810529 Member
Registered: December 2010 Location: bedok Posts: 11
Comment Date: February 4, 2011
1.xoxoxo has exceeded their stored private messages quota and can not accept further messages until they clear some space
pls call me at 98863474 in order save time for us. Thank you so much for your time