99 Speedmart Franchise Cost 2025

99 Speedmart has become a household name in Malaysia, offering unparalleled convenience and affordability to its customers. For aspiring entrepreneurs looking to tap into the thriving convenience retail sector, a 99 Speedmart franchise presents a compelling opportunity. This article delves into the 99 Speedmart Franchise Cost 2025, requirements, and potential benefits, equipping you with the knowledge to make an informed investment decision.

About 99 Speedmart

99 Speedmart is a leading mini-market chain in Malaysia, known for its strategic locations, extensive product range, and competitive pricing. The brand’s mission is to provide everyday essentials at affordable prices, making it a go-to destination for consumers seeking convenience and value. With over 2600 outlets strategically located across the nation, 99 Speedmart has established a strong presence and loyal customer base, serving Malaysian communities at large.

Why Choose a 99 Speedmart Franchise?

Investing in a 99 Speedmart franchise offers several distinct advantages:

• Established Brand Reputation: Leverage the power of a well-known and trusted brand.
• Proven Business Model: Benefit from a successful and replicable business framework.
• High Demand for Convenience: Capitalize on the growing demand for convenient shopping solutions.
• Extensive Product Range: Offer a diverse selection of everyday essentials to cater to a broad customer base.
• Strategic Outlet Locations: Gain access to prime locations with high foot traffic, leveraging 99 speedmart’s national reach.
• Comprehensive Support: Receive ongoing support from 99 Speedmart, including training and operational assistance.
• Potential for High ROI: Enjoy the potential for strong returns on your investment.

Requirement to Open 99 Speedmart Franchise

To become a 99 Speedmart franchisee, you will generally need to meet the following requirements:

• Sufficient financial resources to cover the franchise fees and startup costs.
• A suitable location for the outlet, meeting 99 Speedmart’s specifications.
• Strong business acumen and management skills.
• A commitment to providing excellent customer service.
• Adherence to 99 Speedmart’s operational standards and guidelines.

It is important to contact 99 Speedmart directly for the most updated and detailed requirement list.

How Much to Open 99 Speedmart Franchise

The 99 Speedmart Franchise Cost 2025 can vary depending on several factors, including:

• Outlet size and location.
• Renovation and setup costs.
• Inventory and equipment expenses.
• Franchise fees and deposits.

While precise figures are best obtained directly from 99 Speedmart, potential franchisees should be prepared for a substantial initial investment. It is important to note that the benefit of joining a well established brand, and the high turn over of a convenience store, adds to the potential return on investment.

99 Speedmart Owner

99 Speedmart was founded by Mr. Lee Thiam Wah. Beyond 99 Speedmart, Mr. Lee Thiam Wah is also the owner of Cosmo Restaurants, which operates Burger King restaurants in Malaysia and Singapore, and is a major shareholder in Alliance Bank Malaysia Bhd. His vision and entrepreneurial spirit have been instrumental in the company’s remarkable growth and success.

99 Speedmart Contact

For franchise inquiries and more information:

99 SPEED MART SDN BHD
200001016930 (519537-X)
Lot PT 2811, Jalan Angsa,
Taman Berkeley, 41150 Klang,
Selangor D.E., Malaysia.CUSTOMER HOTLINE
6010 500 0099

603 3362 6863

customer_service@99speedmart.com.my

Frequently Asked Questions (FAQs)

• Q: What are the main advantages of a 99 Speedmart franchise?
  • A: Established brand, proven business model, high demand, national reach, and extensive support.
• Q: What are the general requirements for becoming a franchisee?
  • A: Sufficient capital, suitable location, business skills, and commitment to customer service.
• Q: How much does it cost to open a 99 Speedmart franchise?
  • A: Costs vary; contact 99 Speedmart for detailed financial information.
• Q: What type of products does 99 Speedmart offer?
  • A: Everyday groceries and household essentials at affordable prices.
• Q: Who is the founder of 99 Speedmart?
  • A: Mr. Lee Thiam Wah, who also owns Cosmo Restaurants and is a major shareholder in Alliance Bank Malaysia Bhd.
• Q: How do I apply for a 99 Speedmart franchise?
  • A: Contact 99 Speedmart directly through their official channels.

Investing in a 99 Speedmart franchise provides a promising opportunity to enter the lucrative convenience retail market. With its strong brand presence, extensive national reach, proven business model, and commitment to affordability, 99 Speedmart offers a solid foundation for entrepreneurial success.

How to apply Franchise:

1. Research & Inquiry: Before everything, explore franchise options online to find the suitable franchise for you. Visit the franchisor’s website or franchise resource website and contact them.
2. Application & Qualification: Complete the franchise application. Provide financial documents they requested. Attend an initial interview to understand their latest business plan and strategy.
3. FDD & Agreement: Review the Franchise Disclosure Document (FDD). If you don’t know what is FDD, read the article here. If everything is good, sign the franchise agreement.
4. Training & Support: Complete the franchisor’s training program. Get help with site selection and setup. Receive ongoing operational support.
5. Outlet Opening & Operation: Now, start to set up your franchise outlet. Then you can launch your business. Remember, always follow franchisor guidelines.

About Franchise-Info

Explore, Compare, & Invest Franchise Opportunities in Malaysia

Subscribe Now: Get Monthly Franchise News and Industry Updates.