The 8 cheapest franchise opportunities by KPDNHEP
The 8 cheapest franchise opportunities by KPDNHEP
3 min reading
Summary: Want to invest in a low-cost franchise? This article shows you some franchises that you may be able to afford.
Buying a franchise may be the perfect way to realize your dreams as a business owner without sacrificing too much of your current lifestyle.
One of the most important reasons to buy a franchise is to buy a proven concept instead of starting a business from scratch.
According to the current Datuk Seri Alexander Nanta Linggi (Minister of Domestic Trade and Consumer Affairs), the franchise industry is growing well in Malaysia, with 614 local franchisors, 68 master franchisees, and 408 foreign franchisors registered under the Franchise Act 1998.
The franchise business is sometimes expensive. For example, you need about RM5 million as an initial investment to open Mc. Donald’s, which cannot be borrowed funds.
Fortunately, there are also other franchise options that cost less to start and still offer you the opportunity to be your own boss.
Below is a list of some micro franchises and affordable franchises developed by the Ministry of Domestic Trade and Consumer Affairs (KPDNHEP) with certain franchisors. The purpose is to attract more people to venture into the franchise business, especially the income group of B40 and M40.
Ani Sup Utara
BondaMama
globalart
H.O.M.E
Kopiesatu
V-agroMart
Q-Dees
Liviva
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Definition
Micro Franchise – offering business packages at RM50,000 and below to people interested in starting their own business as a franchisee.
Affordable Franchise – offering business packages at RM100,000 and below to people interested in starting their own business as a franchisee.
The main business of Ani Sup Utara is the soup-based food since 2003. Their restaurants offer a wide variety of soups, main dishes, drinks, and breakfasts. They have more than 25 restaurants in Malaysia. Their goal is to build the largest Malay restaurant chain in Malaysia.
Package Value: RM35,000
Package Type: Micro
BondaMama Kids Center (BMKC) is a chain of early childhood development and education centers in Malaysia. They started operating in 2008. More than 200 BondaMama Kids Centers (BMKC) have been established to date. Their vision is to establish a holistic child development system. At the same time, they also want to maintain an environment that allows children to grow up in a conducive atmosphere.
Package Value: RM50,000
Package Type: Micro
Since 1999, globalart has been offering an efficient, complete, and systematic children’s art program. Their programs are now in 21 countries with more than 600 centers and over a million registered students worldwide. One of globalart main missions is to nurture young minds to be imaginative, creative, and innovative so they can achieve their creative potential and enrich their lives.
Package Value: RM79,840
Package Type: Affordable
H.O.M.E. is an individual development center focused on early mathematics education for children aged 4 to 17. They have 17 centers to date. Their goal is to help children who don’t really like maths to love maths.
Package Value: RM85,500
Package Type: Affordable
Since 2001, Kopiesatu has been a brand of local coffee products belonging to the Federal Agricultural Marketing Board (FAMA). They have eleven branches in Malaysia. The company owns nine outlets, and the other two are franchisees. Its mission is to offer ‘Specialty Coffee’ drink products of international quality at an affordable price.
Package Value: RM85,000 & RM95,000
Package Type: Affordable
V-agroMart offers a variety of products, such as upland and lowland vegetables, imported vegetables, condiments, and miscellaneous. They have three outlets in the Klang Valley. They are committed to providing fresh fruits and vegetables at competitive prices.
Package Value: RM89,700
Package Type: Affordable
As a brand that has been around for more than 30 years, Q-dees is an award-winning preschool and kindergarten. Because of the uniqueness of the “Link & Think Methodology” they created. They have more than 250 franchise centers worldwide. Their goal is to make learning fun, smart, inspiring and creative for children.
Package Value: RM95,000
Package Type: Affordable
Since 2008, Liviva has been a one-stop financing advisory group in Malaysia. They claimed to have helped thousands of Small & Medium Enterprises (SMEs) grow their business successfully through their Effective Business Financing Strategy. Currently, they have 13 franchises in Malaysia.
Package Value: RM40,000 and RM100,000
Package Type: Micro and Affordable
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