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lebanese Saj (sanwich) business

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shag
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Postby shag » Thu, 01 Sep 2011 8:06 pm

Is that a per day rate?

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Strong Eagle
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Postby Strong Eagle » Thu, 01 Sep 2011 11:17 pm

shag wrote:Is that a per day rate?


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

Abyss513
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Postby Abyss513 » Fri, 02 Sep 2011 5:56 pm

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

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Re: @taxico

Postby Mr Tan » Sat, 03 Sep 2011 10:51 pm

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 .


Abyss513 wrote: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
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Re: @taxico

Postby Abyss513 » Mon, 05 Sep 2011 10:32 am

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



Mr Tan wrote: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 .


Abyss513 wrote: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
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Re: @taxico

Postby Mr Tan » Mon, 05 Sep 2011 12:18 pm

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.

Abyss513 wrote:got it thanks, speaking of space rents in malls, is their a waiting list for areas with good traffic, demand and supply etc etc



Mr Tan wrote: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 .


Abyss513 wrote: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
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Posts: 10
Joined: Thu, 28 Jul 2011

Postby Abyss513 » Tue, 06 Sep 2011 9:08 pm

got ur point, you make it sound so easy lol


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