From A to Z, ibing provides our franchisees with extensive support and training to help them duplicate this success.
The products that iBing offers distinguish ourselves in the marketplace. Our dedication to innovation allows us to consistently bring out new tastes and pairings, which keeps our clients interested and involved. A wide range of customers are drawn in by this distinctive product combination, which also promotes repeat business.
The cost of renovations, which might vary depending on a variety of circumstances, must be carefully evaluated before investing in ibing franchise.
| BUSINESS CASE | LOW CASE | BASE CASE | HIGH CASE |
|---|---|---|---|
| Transactions per day | 70 | 120 | 200 |
| Average price per bill | RM10 | RM10 | RM10 |
| SALES | RM21,000 | RM36,000 | RM60,000 |
| COGS | -RM8,400 | -RM14,400 | -RM24,000 |
| GROSS PROFIT | RM12,600 | RM21,600 | RM36,000 |
| RENTAL | RM2,000 | RM3,000 | RM4,000 |
| LABOUR | RM3,000 | RM6,000 | RM8,000 |
| UTILITIES+OTHERS | RM500 | RM750 | RM1,000 |
| OPERATING EXPENSES | RM5,500 | RM9,750 | RM13,000 |
| INVESTMENT CAPEX | RM100,000 | RM125,000 | RM150,000 |
| PAY BACK MONTHS (ROI) | 14.08 | 10.55 | 6.52 |
*Note: This is for illustration purposes only. No guarantee is accorded to the business case shown below.
| Management Fee | RM5000 Yearly |
| Security Deposit | RM5000 |
| ID Drawing | RM2000-RM2500 (Depends Shop Size) |
| Training Fee | RM800 |
| Equipment Purchase | RM45000 |
| Material First Purchase | RM30000 |
| Total Amount | RM87800-RM88300 |
*Note: No Royalty Fee, Franchise Fee and Licensing Fee
iBing serves Korean bingsu, milk tea, and icy desserts made with premium ingredients—delivering refreshing, affordable treats that bring joy and chill to every sip and spoonful.
