7-Eleven To Franchise 50% Of Oulets In 3 Years
7- Eleven Malaysia Sdn Bhd, the owner and operator of 7-Eleven stores in Malaysia, expects to franchise 50 per cent of its stores in three years’ time.
Its executive director, Ng Su Onn, said currently, the company has 1,103 stores, with three run by franchisees.
“We hope to grow the number of stores to 2,000 in three years’ time. To have 1,000 of the stores managed by franchisees during this period is achievable,” he told reporters after a signing ceremony between 7-Eleven Malaysia and Perwira Niaga Malaysia here Monday.
The collaboration between the two parties will see at least 100 ex-servicemen receive resettlement opportunities via job placements at 7-Eleven stores.
On the franchise programme, Ng said, the company has received about 1,300 applications, of which 76 had been selected.
Ng said the company would offer a full support franchise model, whereby beside training before the opening of the store, the franchisee would also get help from a field consultant in the operations.
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