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PT Sumber Alfaria Trijaya Tbk or Alfamart is a primarily-franchised Indonesian convenience store chain. As of June 2023, it has over 18,000 stores in 27 provinces spread across Indonesia, with 4 million daily customers and tens of thousands of micro, small and medium-scale business partners. [1]
This is an accepted version of this page This is the latest accepted revision, reviewed on 27 December 2024. This is a list of media franchises that have grossed $2 billion and more.
Location of Indonesia. Indonesia is a unitary sovereign state and transcontinental country located mainly in Southeast Asia with some territories in Oceania. Indonesia's economy is the world's 16th largest by nominal GDP and the 8th largest by GDP at PPP, the largest in Southeast Asia, and is considered an emerging market and newly industrialised country.
The first KFC franchise opened in the United States in 1952. [2] The first overseas franchise was established in the United Kingdom in May 1965. A large number of Caribbean and developed Western markets entered by the early 1970s. This was followed by expansion throughout the Middle East and developed Asian markets from the mid-1970s and into ...
Studies conducted by the Jakarta Post reveal that it is the fifth most popular fast food chain in Indonesia after Restoran Sederhana, KFC, McDonald's and Pizza Hut. [6] As the Westernization of Indonesia took off in the 1990s, California Fried Chicken took advantage of the growth of American-style malls in the country, reaching 90 locations by ...
In 2021, the company expanded to Indonesia after acquiring a 83.24% stake in PT Sari Burger Indonesia (Burger King Indonesia) at an enterprise value of US$ 183 million. [ 126 ] As of December 2022, it operates a combined 558 Burger King restaurants, with 379 being in India and 179 being In indonesia.
A franchise is merely a temporary business investment involving renting or leasing an opportunity, not the purchase of a business for the purpose of ownership. It is classified as a wasting asset due to the finite term of the license. Franchise fees are on average 6.7% with an additional average marketing fee of 2%. [10]
Social franchising is the application of the principles of commercial franchising to promote social benefit rather than private profit. In the first sense, it refers to a contractual relationship wherein an independent coordinating organization (usually a non-governmental organization, but occasionally a governmental body or private company [2]) offers individual independent operators the ...