lebanese Saj (sanwich) business

[shag]

Is that a per day rate?

[Strong Eagle]

Is that a per day rate?

Do the math, man... you can't really be that thick, can you?

[Abyss513]

looks like a monthly figure
so approx 1000sqf a year is around 300k$ in a shopping mall, sounds fair enough
thanks for the info

[Mr Tan]

big money spurge doesnt mean high returns . rents are fixed at 10$ per sq ft if u looking at good traffic, employees are a big issue as they form the main expenses for your business. Lebanese food , if u have a strong Lebanese flavor u might make it big . in food business its either make or break, food chain comes and goes everyday . the cost of your food have to be 1: 3 , which is 1 part for profit , 1 part for employee pay and one part for rental and raw material. splurging 200k per annual , means 15k a month approx , 500 per day of sales to break even, u can get a decent shophouse stall at jalan kayu and 2-3 employees .

Money isnt really an issue here, but what are the rents like per sqm, employees are also not an issue as they will be most likely trained and sent from my side of the world, though not sure if they will get work permits or not, have to find that out myself.
Do you guys order home deliveries more or like to walk to restaurant.
Also what are the chances i might find an investment company interested in my product, even if i put 70% of the funds, i say that cause like you mentioned licenses are a pain, a company can manage all that work, they know the market and can advise me accordingly and open franchise over seas.
Have you tried Lebanese food before?

[Abyss513]

got it thanks, speaking of space rents in malls, is their a waiting list for areas with good traffic, demand and supply etc etc

big money spurge doesnt mean high returns . rents are fixed at 10$ per sq ft if u looking at good traffic, employees are a big issue as they form the main expenses for your business. Lebanese food , if u have a strong Lebanese flavor u might make it big . in food business its either make or break, food chain comes and goes everyday . the cost of your food have to be 1: 3 , which is 1 part for profit , 1 part for employee pay and one part for rental and raw material. splurging 200k per annual , means 15k a month approx , 500 per day of sales to break even, u can get a decent shophouse stall at jalan kayu and 2-3 employees .

Money isnt really an issue here, but what are the rents like per sqm, employees are also not an issue as they will be most likely trained and sent from my side of the world, though not sure if they will get work permits or not, have to find that out myself.
Do you guys order home deliveries more or like to walk to restaurant.
Also what are the chances i might find an investment company interested in my product, even if i put 70% of the funds, i say that cause like you mentioned licenses are a pain, a company can manage all that work, they know the market and can advise me accordingly and open franchise over seas.
Have you tried Lebanese food before?

[Mr Tan]

u need to find an agent and someone might be gladly to help u at a rate of 1/2 months rental as a fee else direct from owner. speaking from an below average person like me , i would expect to spend about 30$ /pax dinning at a typical restaurant . So if u divide 500/30 = 17 . not difficult to achieve actually.

got it thanks, speaking of space rents in malls, is their a waiting list for areas with good traffic, demand and supply etc etc

big money spurge doesnt mean high returns . rents are fixed at 10$ per sq ft if u looking at good traffic, employees are a big issue as they form the main expenses for your business. Lebanese food , if u have a strong Lebanese flavor u might make it big . in food business its either make or break, food chain comes and goes everyday . the cost of your food have to be 1: 3 , which is 1 part for profit , 1 part for employee pay and one part for rental and raw material. splurging 200k per annual , means 15k a month approx , 500 per day of sales to break even, u can get a decent shophouse stall at jalan kayu and 2-3 employees .

Money isnt really an issue here, but what are the rents like per sqm, employees are also not an issue as they will be most likely trained and sent from my side of the world, though not sure if they will get work permits or not, have to find that out myself.
Do you guys order home deliveries more or like to walk to restaurant.
Also what are the chances i might find an investment company interested in my product, even if i put 70% of the funds, i say that cause like you mentioned licenses are a pain, a company can manage all that work, they know the market and can advise me accordingly and open franchise over seas.
Have you tried Lebanese food before?

[Abyss513]

got ur point, you make it sound so easy lol