Gloria Jean’s Coffees is expected to register an estimated RM22 million in revenue in 2015 from RM15 million this year from its coffee franchising business.
MyFranchise Chief Executive Officer, Fauzi Awang expressed confidence that the Australian coffee chain will be able to achieve its target through its business expansion plans.
By the end of this year it is scheduled to open 5 more branches to cater to the growing love for coffee among Malaysians.
Gloria Jean’s Coffees is among the big international brand names brought into Malaysia since 2007.
7 years later, 37 outlets established its presence nationwide serving at least some 80,000 consumers per month.
According to Fauzi, the coffee business is dynamic with coffee boutiques mushrooming even in small towns.
As such, besides ensuring the standards of coffee is maintained throughout their franchisee partners, they are set to embark on a new concept by bringing convenience to one’s doorstep early next year.
MyFranchise is also looking forward to open its first Gloria Jean’s outlet in Surabaya, Indonesia early next year besides exploring the possibility to tap into Vietnamese market.
They also pride on continuos training and development through its Gloria Jean’s Coffee University facility to train franchise partners.
Recently, its master franchisor held a three-day workshop in the academy to train the asian countries master franchisees.
Besides the technical aspect of business, hands on barista technics were also imparted to the participants.
It is understood the hot beverages industry in Malaysia, including coffee, is worth RM474 million with an annual growth rate of about 3.7%.
The local market consumed some 9.6 million kilogrammes of coffee in 2009 and anticipated to consume 10.7 million kilogrammes this year.