Tuesday, February 19, 2008

the most expensive franchise ever?

not sure if i read it right or understood it wrongly, but if you read this news, on the third paragraph, starbucks executive director says that on average they invest approximately about rm700 mil to rm800 mil on each outlets.

"On average, Berjaya Starbucks Coffee invests approximately RM700mil to RM800mil in each of its outlets, depending on the size and location, he said. "

this must be the costliest franchise ever in the world i guess. even krispy kremes can't beat that!

starbucks just opened its 100th outlets in malaysia. let's say averagely, they invest about rm750 mil on each outlets...

rm750 000 000 x 100 = rm75 000 000 000


few days ago, the star reported that malaysian richest man, robert kuok, according to malaysian business magazine, has an estimated wealth of rm58.11 billion. looks like berjaya starbucks has spent more on their outlets than the total wealth of robert kuok. O_o

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