Minor International, announced it had agreed to take a 50 per cent stake in the Coffee Club franchise for 23 million. Minor, which will acquire the Coffee Club master franchise for Thailand, already has a footprint across Asia with its Burger King, Sizzler, The Pizza Shop and Swensens Ice Cream franchises. It will also allow the Coffee Club to bring Minors brands, such as Swensens, into the Australian market. In Australia, franchisees pay anywhere between 400,000 and 1 million upfront for a store, with ongoing franchise fees of 6 per cent of gross revenue less GST. The key to achieving its dynamic growth plan back in Australia will be the ongoing recruitment of quality franchisees and staff amid the tightest labour market of recent memory. 

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