‎The Nation:
Plantation and Farm Design (Thailand), the owner and franchiser of Banrie Coffee, expects to have a 100 Banrie Coffee shops next year after its aggressive expansion at LPG gas stations nationwide.
Company president Asawin Khairatsame said Banrie Coffee has 20 shops at fuel and gas stations, after the expiry of its contract with PTT, at whose petrol stations it once had 100 branches.
He said the firm sees the crisis as an opportunity to boost gross profit margin (GPM). Banrie Coffee shops are now opening at new locations at LPG gas stations and petrol stations such as Petronas, Caltex and Cosmo.
Formerly, Banrie had GPM of 5 per cent. Now, GPM is more than 10 per cent because of lower rental charges.
Asawin said the boom in LPG stations is providing a new home for Banrie Coffee. Higher oil prices have prompted many vehicle owners to install LPG/NGV tanks. Read on…