Emart24 Differentiates Franchise Benefits with 'Kindergarten Tuition Support' and More

Six Places for 'Child Tuition Support' in the Second Half of This Year

[Asia Economy Reporter Cha Min-young] Convenience store Emart24 is increasing differentiated benefits for franchise stores.

According to Emart24 on the 21st, six franchise stores will apply the 'Child Tuition Support' system in the second half of this year, and a total of 14 stores including the first half will receive kindergarten tuition support benefits.

Emart24 supports franchise stores operating for more than five years with the same welfare benefits as Emart24 employees, providing up to 300,000 KRW per quarter for kindergarten tuition for children, totaling 2.4 million KRW over 8 times. Since the number of stores is increasing every year, it is expected that the number of beneficiaries will also increase.

Emart24 provides tuition support for children in kindergarten, middle and high school, and university to franchise stores operating for more than 5, 10, and 15 years. Kindergarten support is up to 2.4 million KRW over 8 times, full tuition for 12 semesters of middle and high school, up to 40 million KRW for 8 semesters of a 4-year university, and up to 20 million KRW for 4 semesters of a 2-year college.

Additionally, in August last year, Emart24 established the Win-Win Cooperation Adjustment Committee to communicate with franchise stores. From August this year, a support plan was prepared to provide comprehensive health checkup discounts to franchise owners, their immediate family members, and employees.

Besides welfare policies, Emart24 is expanding specialized stores for liquor and imported snacks suitable for the Emart24 X Smoothie King franchise model and commercial districts. Emart24 was the first to introduce a new franchise model where franchise stores pay a fixed monthly fee to the headquarters instead of the existing structure where profits are shared at a certain ratio between franchise stores and headquarters. Since it is possible to choose 24-hour non-operation without conditions, late-night non-operating franchise stores account for 80% of all stores.

Park Yong-il, Executive Director in charge of support at Emart24, said, "As we have passed five years since the start of the business, the number of franchise stores receiving kindergarten tuition support benefits is increasing from this year," and added, "We will continue to consider differentiated win-win policies and franchise models so that prospective owners preparing to start convenience stores and customers can choose Emart24."

This content was produced with the assistance of AI translation services.