Any one own a food store in food court?
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usually, standard size, unless you selling food which needs more than standard stall space. a deposit of 2 to 3 month's rental is required. to consider electricity, gas, water bills. etc.
Hi, Any one own a food store in a food court? Any idea how to rent a space there? Aroud how much is required
Thank you
Hi there,
I would like to know why you want know anyone own a food stall in a food court.:think:
Setting a food stall is not a easy thing to do.
First the food must be nice to eat and cheap,affordable.if not the owner of the food stall will kiss his/her food stall bye bye.
Yup. Rental price will depend on location. I ever had a small chat with the owner of a stall selling noodles & rice in Suntec City and he told me that teh rental for his stall cost more than $10K per month. Yes, it's more than $10K per month. :sweat:
:sweat:Some franchise food court take ur daily profits..and return u oni during month end less ~20% of monthly profit for rental..this 20% excludes table cleaners/dish washing/misc. fee..
Most food stalls, esp those in foodcourt are very small. Prob 6m*6m? not very sure but prob not much bigger than that. As for rental, as mentioned, prob between 1k-10k or even more. It depends on size (some use 1/2 the stall only), timing (some sell in day and switch owner for nite like morning sell bee hoon, nite sell satay) and location.
Cheesecake
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some organisations haf a 2 way billing system...
its either a certain amount of rental fee... or 20%(more or less is around this percentage) of ur total income, WHICH EVER IS MORE.
thus, either way they make $$.
the more u make, the happier they are, of cos.
u gotta take into consideration that u'll be spending some 'washing dishes n maintenance fees' which might range from S$200 to maybe S$400 thereabouts. of cos, gas n electricity...
and one more thing to note..
some organisations insist that u sign up for their '1+1 package deal' or something like tat. they will want u to take up at least 2 stalls, made up of, if u're lucky, 2 prime locations OR 1 prime and the other not-so-prime location.
in the past, the MOST EXPENSIVE stalls(for rental) in foodcourts are, surprise surprise, BUGIS JUNCTION. it's around S$20k+- a month. no kidding.
i did not keep up to date the stall rental pricing nowadays as my area of work moved away from foodcourt to restaurants...
its either a certain amount of rental fee... or 20%(more or less is around this percentage) of ur total income, WHICH EVER IS MORE.
thus, either way they make $$.
the more u make, the happier they are, of cos.
u gotta take into consideration that u'll be spending some 'washing dishes n maintenance fees' which might range from S$200 to maybe S$400 thereabouts. of cos, gas n electricity...
and one more thing to note..
some organisations insist that u sign up for their '1+1 package deal' or something like tat. they will want u to take up at least 2 stalls, made up of, if u're lucky, 2 prime locations OR 1 prime and the other not-so-prime location.
in the past, the MOST EXPENSIVE stalls(for rental) in foodcourts are, surprise surprise, BUGIS JUNCTION. it's around S$20k+- a month. no kidding.
i did not keep up to date the stall rental pricing nowadays as my area of work moved away from foodcourt to restaurants...
Hi Joe
I would like to know because I want to open my own food stall myself, and yes, I know it is not a easy thing to do but I will try my best, Starting by looking for more information
Thanks
You can try cos my wife use to be a helper in the kitchen and she also learn how to cook and where to find cheap supplier.
in the end she end up doing sale cos it very difficult to make profit and it also depend the area,places snd etc...........i only know that unless u selling food that ppl want to eat, otherwise very difficult to survive.
just imagine if just 6k monthly, first $200 per day went to rental liao. still got helper salary, cost price of food, electricity, gas.
just imagine if just 6k monthly, first $200 per day went to rental liao. still got helper salary, cost price of food, electricity, gas.
Looks like being a hawker is a lucrative business. Too bad it is at the mercy of landlords, so they could have easily earned their way to riches through hard work. Reminds me of taxi drivers and their crippling rents.
yes, if you have something good to sell.
i've got a good friend who sells chicken rice, he sell a 120 chickens a day. although rental may not be cheap, its certainly lucrative!
your friend is one out of the thousands who are hawkers. citing one successful case does not make the rest the same. perhaps, you could look at yr friend cost structure and find out how much he makes(net) from each chicken sold.
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