What types of franchise does BM World offer?
We are offering Single Unit Franchise in Klang Valley and Selangor. As for other states, we are looking for Master Franchisees to oversee the expansion within each state respectively.
What is the required outlet size?
For operational efficiency, the recommended outlet size should be around 800 to 1,200 sq. ft. Larger outlet (e.g. 1,600 sq. ft.) can be considered if available.
If I don't have any experience in teaching, can I apply for the franchise of BM World?
Experience in teaching or education field would be an advantage, but it is not compulsory. As an investor, you may choose to provide financial support only and allow BM World to provide the management team and teachers.
How much is the royalty?
The royalty is 12% of monthly gross sales, which is very competitive in the education sector. To jointly build the brand to expand the market, the advertising fee and marketing fund are 2% and 2% of monthly gross sales respectively.
Are the royalty charges higher than other sectors?
Royalty charges vary from one sector to another. For example, royalty charges for food and beverage (F&B) are lower than education sector in percentage. In absolute, the amount is much higher because the turnover for F&B could be as high as 10 times of a tuition centre. Hence, it is important that you compare both the percentage and also the absolute amount of royalty charges to make a sound judgement.
Who shall I contact if I have further questions?
You may contact us at (03) 8023 3331 / (019) 989 9232/ (010) 232 6841, or visit BM World headquarters located at No.18-4, Jalan USJ Sentral 3, Persiaran Subang 1, 47600 Subang Jaya, Selangor, Malaysia.