August 10, 2023
Ep8 Gong cha Australia, Franchise Business model with Lili Shi & George Kwok
Episode#8
Franchise business models unpacked - Gong cha Australia, Lili Shi, Master Franchisee, Australia, and George Kwok, BDM, breaks down key aspects of the Gong cha franchise with Glenn Walford.
In Episode #8 - We discussed some of the key insights about the Gong cha franchise business model that are key about the offer to the market.
Some of the aspects discussed include;
- Average daily sales in their stores with some ranges discussed, as well as the average transaction value information in the business,
- The typical trading patterns of a Gong cha store outlining the common peak periods and customers they see,
- Their fully inclusive 'turn-key' franchise cost approach, where they undertake all requirements to get a store fully open for one set cost,
- The concept of landlord contributions in the form of cash or rent free periods, and providing the full contribution to franchise owners,
- What a typical Gong cha store design looks like and where they are located in location strategy,
- What type of person they look for in a Gong cha franchise owner,
- Marketing campaigns for the brand including cross promotion with major IP such as Emoji and Snoopy,
- The global store opening campaign,
- Store designs and layout arrangements,
- The potential for drive-thru locations into the future,
- A Gong cha customer and franchise owner app is in development.
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