BUSINESS PLAN: CONVENIENCE STORE DRIVE-THRU

Authors

  • Waris THAWORNPRAM

Abstract

Fast Pick business is located adjacent to the entrance of the Ladkrabang Industrial Estate. Despite not being directly on a main road, its visibility makes it ideal for its target demographic: working professionals in the area. The store offers a convenient shopping experience where customers can order goods via the Fast Pick app or website without leaving their vehicles. Orders are fulfilled within 3-5 minutes, and customers receive notifications when their items are ready for pickup. Payment and pickup are facilitated through QR codes.
The business requires an initial investment of 8 million baht and has a net present value (NPV) of 3,710,604.97 baht and an internal rate of return (IRR) of 25.17%, indicating low risk and a short payback period of 3 years 2 months, making it a lucrative venture for growth.

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Published

2024-07-12