Food & Beverage (QSR & Full-Service)Primary-Source Verified

Old Chang Kee

Deployment Model: Corporate Fleet in SG / International Master & Area Franchising

Min Capital RequiredS$220,000
Brand OriginSingapore (Founded 1956 near Rex Cinema; SGX: 5ML)
Founded1956
Singapore Footprint80+
Global Network90+

Financial Parameters

Initial Franchise FeeS$50,000
Ongoing Royalty Fee5% of Gross Monthly Revenue
Investment Class TierEnterprise-Tier

Performance & ROI Projections

Projected Breakeven2 – 4 Months
Projected Payback Period16 – 22 Months
Estimated Return Matrix (ROI)25% – 35% ROI

Business Model & Operational Overview

Old Chang Kee is Singapore’s iconic heritage curry puff and snack institution. Listed on SGX (SGX: 5ML), Old Chang Kee operates over 80 outlets in Singapore backed by a massive automated central manufacturing facility, and franchises internationally across the UK, Australia, Malaysia, and Indonesia.
Institutional Source Verification & Compliance Notes

Primary Authority: https://www.oldchangkee.com / SGX Filings / FLA Singapore

Auditor Context: Direct Singapore retail footprint is company-operated; international master franchising is available via FLA Singapore.

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Vetted Investor Diagnostics & FAQ Analysis

What is the initial franchise fee and capital requirement for Old Chang Kee Singapore?

The minimum capital required for the Old Chang Kee franchise in Singapore is estimated at S$220,000, with an initial upfront franchise fee set at S$50,000. This capital structure covers baseline store fit-out, operational equipment, licenses, and initial inventory allocations required before opening standard operations.

What are the ongoing royalties and projected breakeven timelines for Old Chang Kee?

The ongoing royalty model for Old Chang Kee requires 5% of Gross Monthly Revenue. Under standard operating performance parameters, the projected operational baseline breakeven timeframe is targeted at approximately 2 – 4 Months, contingent on location footfall and labor efficiencies.

What is the projected payback period and return on investment (ROI) for this listing?

The estimated capital investment payback period for this franchise asset is projected within 16 – 22 Months, delivering an anticipated operational return matrix range of 25% – 35% ROI. Prospective franchisees should evaluate unit economics and lease terms during formal due diligence.