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Jun
5

The Mini-Stop Franchise

Posted by: myrobert

In my previous post, I discussed how to get a 7-11 franchise. This time around, lets take a look at its competitor, Ministop.

The investment required for a Ministop franchise ranges from Php 1.3M to Php 2.8M depending on the business package. The company chooses the location and the franchisee, called Business Partner, is tasked to operate the store.

The Ministop contract is rather long, 10 years, which I believe is advantageous to the investor. Return on investment is typically 3 to 4 years so you’ll only start earning on your fifth year.

One advantage of the Ministop franchise is that you get to choose among their existing store locations. Of course, the company reserves the right which branch they will award to you.

Just a word of advice, I have seen several Ministop convenience store close after one year. Getting a franchise is not a guarantee of succeess.

Published in: Franchising

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