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Step into the dynamic world of Franchise Business in Singapore, where entrepreneurial aspirations meet established success models. A gateway to business ownership, franchising offers a unique opportunity for individuals to leverage proven business concepts, brand recognition, and operational support. This introduction invites you to explore the landscape of franchise opportunities in Singapore, where innovation meets reliability, providing a platform for aspiring business owners to embark on a journey of growth and prosperity.
Join us as we delve into the multifaceted realm of franchising, uncovering the diverse possibilities and pathways that pave the way for entrepreneurial success in the Lion City.
Franchise fees in Singapore
| Type of Fees | Average Costs |
|---|---|
| Franchise fee | This is a fee charged for the license to make use of the franchisor’s trademark. It can be tens of thousands or more, depending on the brand. |
| Initial start-up costs | These include expenses for rental, renovations, labour, and other things. Training fees may also be included here. Expect to set aside hundreds of thousands of dollars here. |
| Advertising fee | The franchisor may charge an advertising fee in exchange for general marketing support and advertising campaigns. This could range from several hundred to thousands of dollars and maybe a regular or one-time fee. |
| Ingredients or supplies costs | Some franchisors may charge an additional fee for ingredients or supplies used in the course of business. This will vary according to the volume ordered. |
| Royalty fees | Revenue share paid to the franchisor. Maybe a fixed amount or a portion of the revenue earned. |
Here are some franchise ideas that may tickle your interest and match your budget if you want to learn more about the greatest franchise company prospects in Singapore:
| Franchise | Sector | Franchise costs |
|---|---|---|
| Cocolemon | Food and Beverages | Contact for more details |
| Wee Nam Kee Chicken Rice | Food and Beverages | Initial capital investment: S$500,000 Franchising fees: Upon request Royalties: 5% to 10% Advertising: 1% |
| Rou Gu Cha | Food and Beverages | Initial capital investment: S$200,000 Franchising fees: Upon request Royalties: 6% Advertising: Upon request |
| 7-Eleven | Convenience store | Initial capital investment: From S$40,000 Franchising fees: S$30,000 Royalties: Upon request Advertising: Upon request |
| Modern Montessori International | Early childhood education | Initial capital investment: US$600,000 Franchising fees: US$100,000 Royalties: 15% Advertising: Upon request |
| E2 Young Engineers | STEM education for young learners | Initial capital investment: US$30,000 to US$55,000 Franchising fees: US$28,500 Royalties: 7.7% or minimum US$100 per month Advertising: Upon request |
| Trung Nguyen Coffee | Coffee bar | Initial capital investment: US$120,000 to US$200,000 Franchising fees: US$10,000 to US$20,000 Royalties: 3% to 6% Advertising: 2% |
| Irish Potatoes | Food Kiosk | Initial capital investment: P$450,000 Franchising fees: From P$150,000 to P$500,000 Royalties: Upon request Advertising: Upon request |
| Wonder Wash | Laundry Services | Initial capital investment: S$135,000 – S$200,000 Franchising fees: S$10,000 Royalties: Available Upon request Advertising: S$500/year |
| Mr Bean | Food and Beverages | Initial capital investment: N/A Franchising fees: N/A Royalties: Available Upon request Advertising: N/A |
| Ya Kun Kaya Toast | Food and Beverages | Initial Capital Investment: Available Upon Request Franchising Fees: Available Upon Request Royalties: Available Upon Request Marketing/A&P Fees: Available Upon Request |
Best Franchise Business in Singapore
COCOLEMON
COCOLEMON
| Products | Classic Coco Shake, Coffee, Fruit Shake Flavors |
| Price Range | Starts at $4.50 |
| Contact Details | franchise@cocolemon.sg |
| Address | 11 Woodlands Square #B1-19, Woodlands MRT Station on TEL Singapore 737736 |
| Website | https://cocolemon.sg/ |
A guy was looking for the greatest thirst-quenching drink in the tropical country of Singapore. Because he couldn’t locate one, he decided to make beverages out of the cleanest liquid on the planet. As a result, their well-known coconut drink brand was formed!
Aside from their homemade coconut beverages, they’re also proud of their shaken-to-order lemonades. Their coconut drinks and lemonade have a low-calorie count but a high nutritious content.
Highlights:
- Exeptonial management support
- Continued product enhancement
- Assistance with location, renovation, and constructions of outlets
- Provides training and assistance
- Dedicated research and development team
- Dedicated marketing team
Gallery
Wee Nam Kee Chicken Rice
Wee Nam Kee Chicken Rice
| Products | Food and Beverage |
| Price Range | Initial capital investment: S$500,000 |
| Contact Details | +6562556396 albert.tan@wnk.com.sg |
| Address | United Square, Marina Square & 112 Katong; Makansutra Gluttons Bay @ the Esplanade |
| Website | https://wnk.com.sg/ |
Founded in 1987, Wee Nam Kee takes pride in serving one of Singapore’s favourite and iconic dishes – Hainanese Chicken Rice.
It is this uncompromising commitment to quality and culinary heritage that has garnered Wee Nam Kee a loyal following, various accolades from the press, and prestigious commissions by the Singapore government to serve its famous chicken rice at various overseas events.
Since 2010, Wee Nam Kee has ventured beyond Singapore’s shores with franchise restaurants in the Philippines, Japan and Indonesia.
Highlights:
- Only the freshest chickens are used
- Rice cooked to perfection
- Accompanied by complementary sauces
His roasted chicken meat was soft and tender. The sauce was too sweet for my liking. At least there are some dishes that we can order besides eating chicken meat. – Irene Lim
Enjoyed the chicken rice and dishes. The chilli with ginger was fantastic. The roasted chicken meat was delicious. I usually judge the chicken rice by the soup and this was tasty too. – Jon Lau
Still the best chicken rice in Singapore! They do also have a decent zi chat menu that offers the usual dishes you would expect with the sweat and sour pork chops and sotong you tiao that you might want to try. Good service and it’s usually quite busy at weekends. – Leong Yoong
Rou Gu Cha
Rou Gu Cha
| Products | Food and Beverage |
| Price Range | Initial capital investment: S$200,000 |
| Contact Details | +65 6222 9610 outramyahua@gmail.com |
| Address | 7 Keppel Rd, #01-05/07 PSA, Singapore 089053 |
| Website | http://yahua.com.sg/ |
Outram Ya Hua Bak Kut Teh offers Teochew-style bak kut teh soup, which is clear and full of tasty, peppery flavour for all diners!
They currently have 3 outlets in Singapore, and our restaurants are usually packed during meal times. Set in a traditional coffee-shop-styled environment, our style is casual and diners usually walk in.
Highlights:
- Atmosphere
- The Best Ingre
The soup was not too peppery yet had a depth of flavour. The pig’s kidney soup and braised pig’s big intestines were great too. The service was excellent. – Royal Pears
Nice place to have gong fu tea and enjoy baku. – Sin Choon Pek
Quiet, nice and friendly joint for a breakfast meal. The service was great. The portion is not big for each dish. – Simon
7-Eleven
7-Eleven
| Products | Convenience store |
| Price Range | Initial capital investment: From S$40,000 Franchising fees: S$30,000 |
| Contact Details | +65 1800 891 8100 pr@7-eleven.com.sg franchise@7-eleven.com.sg |
| Address | No. 21 Tampines North Drive 2 #03-01, Singapore 528765 |
| Website | https://www.7-eleven.com.sg/ |
Since its first franchised store opened in 1988, 7-Eleven has provided entrepreneurs with a unique opportunity to capitalize on a well-known global brand to launch their own business.
It’s simple to get started with a 7-Eleven franchise. Successful franchisee applicants receive a gratis three-month training program to guarantee that they are completely capable of managing a 7-Eleven store’s day-to-day operations. Franchisees also have access to the company’s Field Consultants throughout their retail experience.
7-Eleven, with its proven business models and popular quality products, is an award-winning franchisor with over 50% of our stores managed by individual franchisees. As a national organization, 7-Eleven has adopted an open culture, which embraces new business ideas, innovation, and franchise support opportunities.
Highlights:
- Meal Kits
- Ready-To-Eat
- Cash Withdrawal
- Save Money
- Save Time
Extremely friendly and supportive, always have tourist SIMs on stock and you get it w/o waiting time unlike in the telecom shops. – Kerstin Petersen
Good location And good customer service. – Ikbal Ikbal
Best place to buy drinks. – Meharuban Mahadeva
Modern Montessori International
Modern Montessori International
| Products | Early childhood education |
| Price Range | Initial capital investment: US$600,000 Franchising fees: US$100,000 |
| Contact Details | +656220 8200 Enquiry@modern-montessori.com |
| Address | MMI Building, 72 South Bridge Road #01-00 Singapore 058702 |
| Website | http://modern-montessori.com/ |
The Montessori atmosphere at MMI is a nurturing environment for your child, designed to suit their self-construction requirements. The atmosphere adapts to your growing child’s changing requirements, and expression is encouraged in the Centre through art, craft, and drama.
At Modern Montessori, they believe in providing a rounded learning environment that will help the child to develop physically, cognitively and more importantly, socially and emotionally.
Highlights:
- Teacher Training
- Pre-School Centers
- Franchising
Thank you, MMI and all the teachers for the 4 years of pre-school education for our son. We are so glad we have chosen you 4 years ago. Our son has not only grown well academically, socially and also morally. – Janbabe Lee
My child is now coping very well in school. He was quite an introvert until we sent him to MMI. Looking back now, I think the money worth was well spent. – Huang Sk
E2 Young Engineers
Young Engineers e2 Singapore
| Products | STEM education for young learners |
| Price Range | Initial capital investment: US$30,000 to US$55,000 Franchising fees: US$28,500 |
| Contact Details | +65 9863 5139 admin@youngengineers.sg |
| Address | 203B Thomson Rd, Level 3, Singapore 307638 |
| Website | https://www.youngengineers.sg/ |
The enrichment programs for Young Engineers use a sensible edutainment (education and enjoyment) approach. They’ve created a number of different programs that can be used to educate a variety of topics. Math, physics, and mechanical and software engineering are just a few of the subjects that children in their educational community can learn and enjoy.
They have developed special programs and workshops suited to children at both ends of the learning spectrum, from gifted children to those with learning disabilities. Unlike traditional teaching methods, their use of stories, experiments and demonstrations ensures that all children joining their enrichment programs will learn while they have fun. In fact, they’ll have so much fun they may not even realize they’re learning.
Highlights:
- Robotics Class and Engineering
- STEM Program
- Franchise Opportunity
- Coding Program
No Reviews Yet as of this Writing
Trung Nguyen Coffee
Trung Nguyen Coffee
| Products | Coffee bar |
| Price Range | Initial capital investment: US$120,000 to US$200,000 Franchising fees: US$10,000 to US$20,000 |
| Contact Details | +65 9785 0221 meileco.sg@gmail.com |
| Address | 10 Anson Road International Plaza #01-31, Opp Watson, Level 1 left of main entrance, Singapore 079903 |
| Website | https://meile.com.sg/ |
Mei Le Pte Ltd was founded in May of this year. They are a family-owned business dedicated to bringing high-quality coffee, gastronomy, and culture to the world and making it a daily habit. Our motto is “healthy, tasty, and inexpensive.” The majority of our items, including coffee, spices, dried foods, nuts, and sauces, are imported from Vietnam.
Highlights:
- Aromatic
- Peaceful Ambiance
Authentic Vietnamese coffee! love their coffee and vibes. gotta try their Vietnamese cuisine real soon! – Vee
This is a great place to sit down, hang back and enjoy the ambience while you enjoy thick rich Vietnamese coffee and refreshing food made from fresh ingredients. – Patrick W
I tried both types of fried spring rolls, it was awesome. MUST TRY!! The Vietnamese coffee (I had Iced) was the same standard I had in Vietnam. – Le R
WonderWash
WonderWash
| Products | Cleaning Services |
| Price Range | Initial capital investment from: S$135,000 – S$200,000 |
| Contact Details | +6597862038 info@wonderwash.com.sg |
| Address | 440 Bukit Batok West Ave 8, #01-09, Singapore 650440 |
| Website | http://wonderwash.com.sg/franchise/ |
Wonder Wash Self-Service Laundromat is the first in Singapore to offer completely self-service laundry with no staff. Except for Kensington Square, all of their locations are open 24 hours a day, seven days a week. They began operations in April 2010 and have since opened over 100 locations, with plans to continue expanding.
Highlights:
- Retail Laundry
- Route Business
- Franchise
Good machines, well-maintained, available 24/7. You can’t really ask for much more. – r-ness.livejournal.com
A nice place and reasonable compared to per kg places around the city. It’s in Geylang, but in fact, a top-notch place and often the owner stops in to check on things – particularly on the weekends. – Flyertalk Forum
Mr Bean
Mr Bean Singapore
| Products | Food and Drinks |
| Price Range | Initial capital investment from: N/A |
| Contact Details | +656844 2298 corporatesales@mrbean.com.sg order.eshop@mrbean.com.sg feedback@mrbean.com.sg franchise@mrbean.com.sg |
| Address | |
| Website | https://www.mrbean.com.sg/ |
Mr Bean was founded in 1995 and is now Singapore’s biggest soya bean food and beverage retailer. Mr Bean has over 50 outlets in Singapore and Asia, selling a variety of soya bean drinks and snacks. Young and elderly alike can enjoy ice blended flavoured soya drinks, ice creams, cakes, and other treats.
Today, Mr Bean takes pride in a strong business concept that prioritizes the needs of customers while continuing to invest in research to develop healthy and innovative products with traditional nutritional values.
With a visionary and dedicated management team, Mr Bean is poised to expand rapidly in the region. Current overseas outlets are located in Japan (ie. Tokyo), Korea and The Philippines, with continued plans to expand across Asia.
Highlights:
- Finest ingredients and highest grade of NGMO
- Healthy and Refreshing
Very smooth bean curd. – Gerard Francis
Fresh soya bean in the morning – staff are always friendly if not always that clear. Fast-moving and efficient. – Celine L
Healthy breakfast and snack. – Jason Ong
Ya Kun Kaya Toast
Ya Kun Kaya Toast
| Products | Food and Drinks |
| Price Range | Initial capital investment from: Available Upon Request |
| Contact Details | +65 6222 971 franchise@yakun.com |
| Address | 237 Alexandra Road #03-09/10 The Alexcier Singapore 159929 |
| Website | http://www.yakun.com/ |
Ya Kun Kaya Toast is to become a household name in Singapore and Asia by serving wonderful kaya toast and other related traditional food and beverages to everybody. Ya Kun has been synonymous with exceptional kaya toast and seductively aromatic coffee and tea, savored in a friendly ambiance, from its humble origins as a tiny coffee shop in the 1940s. Ya Kun continues to amaze fans and convert newcomers today.
Ya Kun Kaya Toast is a business format franchise with a unique F&B idea that includes exclusive rights to operate in a specified place or territory for a set length of time.
Highlights:
- Ya Kun’s distinctive F&B concept and corporate image
- The shorter learning curve in operating the business
- Immediate clientele to patronize the business
- The goodwill associated with the Ya Kun brand
Ya Kun is a Singaporean chain coffee shop, selling local authentic coffee, as well as butter toast, the price is not expensive, Singapore is everywhere on the island, many people like it, and it is fast, clean, and can eat Singaporean national breakfast – Allen Zhang SG
Yakun’s toast is so utterly praised that I basically ate all their sets and I prefer butter and cheese – Mark
Franchising Tips and Guides
A franchise is a sort of business agreement in which a firm (franchisor) hires an independent operator (franchisee) to run a stall or outlet on their behalf.
In exchange for the right to display and use assets such as the logo, brand name, and aesthetics while promoting and selling the brand’s products and services, the franchisee agrees to follow the franchisor’s business model, formula, and guidelines.
Some people who want to start their own business consider franchise prospects as a “business-in-a-box,” ready to go immediately out the door.
Franchising Vs. Own Business
| Franchise | Own Business |
|---|---|
| Brand recognition and trust are instantaneous with a well-established brand. | Unknown brands must spend money on branding. |
| A tried-and-true business model | It’s possible that your company concept has a steep learning curve. |
| There is little to no space for creativity. | You are free to innovate as much as you wish. |
| It is necessary to split the revenue with the franchisor. | You are the only owner of all revenue. |
| HQ support and centralized marketing initiatives | You’ll be responsible for your own marketing efforts and budget. |
| Resources for training and support are available. | There is no training offered. |
| It’s possible that a modest to large capital investment is required. | Bootstrapping is an option. |
Pros of a franchise
The fact that you’ll be beginning a business under an existing brand with a proven business strategy is perhaps the largest advantage of picking a franchise. This can save you the time and effort of having to create a brand from the ground up. More importantly, it can assist you in avoiding the risky first stage, when most new enterprises fail.
You will also receive coaching and training on how to operate your business correctly as a franchisee. You may also expect centralized marketing activities to assist promote your company (although some franchisors may charge an additional fee for advertising and marketing).
Cons of a franchise
On the other hand, franchisors are typically adamant about their brand and image, and franchisees are required to follow a stringent set of rules and standards.
As a result, as a franchisee, you will have minimal space for creativity. You shouldn’t expect to be able to make changes to the menu or offerings without prior approval. This restriction extends to marketing: you’re unlikely to be able to run your own Facebook promotion that is only redeemable at your branch.
Second, all of that help and guidance isn’t free. You’ll be asked to provide the franchisor a percentage of your monthly earnings. Depending on the terms of the agreement, this could range from a fixed amount to a percentage of revenue.
Finally, franchises, especially well-known ones like Mcdonald’s, may have a significant start-up cost. Some businesses may additionally demand a particular amount of assets to qualify, in order to avoid shady characters from mismanaging the brand.
On the other hand, launching an independent firm may require less initial money, especially if you aim to bootstrap it.
As we conclude our exploration into the dynamic universe of Franchise Business in Singapore, we celebrate the convergence of entrepreneurship and established success models. This journey through the realm of franchising has illuminated the pathways available to aspiring business owners, offering a blend of innovation and reliability. From renowned brands to emerging concepts, the world of franchises in Singapore opens doors to growth and prosperity.
As you contemplate the exciting prospect of business ownership, may the insights gained here serve as a guide in navigating the diverse landscape of franchising. Cheers to the limitless possibilities and entrepreneurial endeavors that shape the future of business in the vibrant city-state of Singapore!
We have curated a list of the best food and beverage consultants in Singapore in case you required their services, whether you are planning to have your own business or you want help in deciding what business to franchise.
Frequently Asked Questions
FAQs
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What is a franchise business, and how does it work?
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