Money Mind

General Category => The Common Lounge => Topic started by: default on May 29, 2024, 01:12 AM

Title: Seriously thinking of starting a hawker stall or cafe
Post by: default on May 29, 2024, 01:12 AM
Say in hawker or cafe with decent footfall, how much you all think is the initial investment?

intending to sell brewed tea, coffee and craft beer and with snacks/bread to go along
Title: Re: Seriously thinking of starting a hawker stall or cafe
Post by: default on May 29, 2024, 01:15 AM
not as in now, immediately, but down the road in a few yrs time

any other businesses u all think can work? i heard more about elderly, health, cleaning, funeral/undertaker (this one high barriers)

other areas like retail or whatever really dying
Title: Re: Seriously thinking of starting a hawker stall or cafe
Post by: default on May 29, 2024, 01:17 AM
after getting older really losing track of dreams........... that were envisioned all thrown into disarray and gone

不知道何去何从
Title: Re: Seriously thinking of starting a hawker stall or cafe
Post by: Magical Fingertip on May 29, 2024, 05:51 AM
Sinkies only business is hawker/grab/mlm/landlord to ft
Funeral already got monopoly
Hawker centre cleaning/hawker management  already got those connected to the whites through grassloot doing unless u have confidence can win that connection too.
Is the same like fw dormitory all connected to the whites doing
Title: Re: Seriously thinking of starting a hawker stall or cafe
Post by: Risa on May 29, 2024, 06:27 AM
rental will kill your biz :(

i think better standby 100k as initial investment and backup funds.
Title: Re: Seriously thinking of starting a hawker stall or cafe
Post by: default on May 29, 2024, 07:54 AM
Quote from: Nevereatrice on May 29, 2024, 05:51 AMSinkies only business is hawker/grab/mlm/landlord to ft
Funeral already got monopoly
Hawker centre cleaning/hawker management  already got those connected to the whites through grassloot doing unless u have confidence can win that connection too.
Is the same like fw dormitory all connected to the whites doing


if do good in hawker can be equivalent to maybe 10k or more

but i think very very limited, unless they really jump out of their space to hit higher, as in more stalls like branches or into malls, all of which increases expenses

u see the Coffee Break at hong lim and amoy st

they wanted to expand mah

but u see the yong tau fu at people's park........... they started since dunnos 50s or 60s, at the eu tong sen st (was told by my mum)

only 1 stall, the one with the super long queue, they lived at the rounded condo (which is now torn down for the dunno what pearl bank condo)

u see they no customers? can at least expand 2-3 stalls and huat even bigger but they chose not to

so hawker is still got prospects one but not easy, as with other industries

Title: Re: Seriously thinking of starting a hawker stall or cafe
Post by: default on May 29, 2024, 07:54 AM
Quote from: Shiori on May 29, 2024, 06:27 AMrental will kill your biz :(

i think better standby 100k as initial investment and backup funds.

100k enough now but not sure years later
Title: Re: Seriously thinking of starting a hawker stall or cafe
Post by: Magical Fingertip on May 29, 2024, 08:13 AM
Quote from: default on May 29, 2024, 07:54 AMif do good in hawker can be equivalent to maybe 10k or more

but i think very very limited, unless they really jump out of their space to hit higher, as in more stalls like branches or into malls, all of which increases expenses

u see the Coffee Break at hong lim and amoy st

they wanted to expand mah

but u see the yong tau fu at people's park........... they started since dunnos 50s or 60s, at the eu tong sen st (was told by my mum)

only 1 stall, the one with the super long queue, they lived at the rounded condo (which is now torn down for the dunno what pearl bank condo)

u see they no customers? can at least expand 2-3 stalls and huat even bigger but they chose not to

so hawker is still got prospects one but not easy, as with other industries



Hawker need to do at least 20-30 years to reach that level.
Title: Re: Seriously thinking of starting a hawker stall or cafe
Post by: default on May 29, 2024, 08:56 AM
Quote from: Nevereatrice on May 29, 2024, 08:13 AMHawker need to do at least 20-30 years to reach that level.

no la, if u famous young hawker also can make that

that time got report mah, but they say not worth it coz they put in super long hours then after that each of them get back 6k only

sure got fake a bit bah
Title: Re: Seriously thinking of starting a hawker stall or cafe
Post by: 老曾记 on May 29, 2024, 09:13 AM
@daryl76 any input about school canteen vendors?
Title: Re: Seriously thinking of starting a hawker stall or cafe
Post by: daryl76 on May 29, 2024, 10:10 AM
Quote from: luckyapple on May 29, 2024, 09:13 AM@daryl76 any input about school canteen vendors?

oh the rental very cheap but u can only sell what is known as "healthier" food and cant sell what u like

if the administrator says its cai png den u can't sell noodles for example

potential earnings not high so more suitable for elderly especially primary school
Title: Re: Seriously thinking of starting a hawker stall or cafe
Post by: drdoof on May 29, 2024, 10:34 AM
Quote from: daryl76 on May 29, 2024, 10:10 AMoh the rental very cheap but u can only sell what is known as "healthier" food and cant sell what u like

if the administrator says its cai png den u can't sell noodles for example

potential earnings not high so more suitable for elderly especially primary school
Hardly any earnings during School holidays.
Title: Re: Seriously thinking of starting a hawker stall or cafe
Post by: default on May 29, 2024, 10:42 AM
@daryl76 , u know rough costs for such a cafe or hawker stall?

Equipment rental and all

say your baking equipment, professional baking equipment, espresso machines/coffee machines and overall reno, rental at city area or city fringe

if not some place where there's footfall

i suspect chao chao need 300k or half mil

but if smaller scale at kopitiam/hawker, then equipment and all reduced, but display space and working space also reduced... like that u got ball park figure?
Title: Re: Seriously thinking of starting a hawker stall or cafe
Post by: 老曾记 on May 29, 2024, 11:25 AM
Quote from: daryl76 on May 29, 2024, 10:10 AMoh the rental very cheap but u can only sell what is known as "healthier" food and cant sell what u like

if the administrator says its cai png den u can't sell noodles for example

potential earnings not high so more suitable for elderly especially primary school

Last yr was thinking to sell waffles.

But good thing never push through cos my Dad deteriorated this yr.

If selling bread and sandwich. Will they allow? Or only certain bread allowed?
Title: Re: Seriously thinking of starting a hawker stall or cafe
Post by: Keeptrucking on May 29, 2024, 11:34 AM
rent at circuit road hawker. the rental there is only $700. quite reasonable to me.
Title: Re: Seriously thinking of starting a hawker stall or cafe
Post by: default on May 29, 2024, 12:06 PM
Quote from: Keeptrucking on May 29, 2024, 11:34 AMrent at circuit road hawker. the rental there is only $700. quite reasonable to me.

kanina la, lol u think the ah ma ah pek can lim ur $5 latte/espresso meh :frown:

i mean can is can, but like that need to sell kopi and cheap loti liao although got new developments popping up. maybe $2.50 latte but most ah ma ah pek will still kpkb and wont appreciate... but the younger crowd will do so. but it's quite a distance from mattar MRT i think? ok la about 150m-200m? not say a lot but wonder if got crowd will go there or not

need super fierce marketing
Title: Re: Seriously thinking of starting a hawker stall or cafe
Post by: daryl76 on May 29, 2024, 12:19 PM
Quote from: luckyapple on May 29, 2024, 11:25 AMLast yr was thinking to sell waffles.

But good thing never push through cos my Dad deteriorated this yr.

If selling bread and sandwich. Will they allow? Or only certain bread allowed?

usually bread aka pastries and snacks under drinks or western food stall

schools usually quite strict and u can only sell what is agreed
Title: Re: Seriously thinking of starting a hawker stall or cafe
Post by: Keeptrucking on May 29, 2024, 02:19 PM
Quote from: default on May 29, 2024, 12:06 PMkanina la, lol u think the ah ma ah pek can lim ur $5 latte/espresso meh :frown:

i mean can is can, but like that need to sell kopi and cheap loti liao although got new developments popping up. maybe $2.50 latte but most ah ma ah pek will still kpkb and wont appreciate... but the younger crowd will do so. but it's quite a distance from mattar MRT i think? ok la about 150m-200m? not say a lot but wonder if got crowd will go there or not

need super fierce marketing

that area is being gentrified but might take a couple more years. the condo there mostly young people and new BTOs coming up at Macpherson. i think one recently TOPed. somemore i don't there is a cafe in that area, other than the two ice-cream places.

mattar mrt was built for a reason and not just to serve the existing people there. still a few plots of land there planned for commercical/residential.

maybe your craft beer/coffee place would also be good for the coaches/parents at the football academy there. defo a unique stall there.

 
Title: Re: Seriously thinking of starting a hawker stall or cafe
Post by: Arctic on May 29, 2024, 02:48 PM
Fnb most of the time will fail

Also, alcohol license not cheap
Title: Re: Seriously thinking of starting a hawker stall or cafe
Post by: Kok loeng on May 29, 2024, 03:15 PM
If U want sell beer

Make sure must have the beer promoter that type.

Lagi best is those vnb atb wear v cut mini skirt, else no body gonna sit in yr hot hawker center lim expensive beer.


U remember yumi the vnb at hong ling hawker center 1st floor dead corner there?

That one is success story for u to replicates.
Title: Re: Seriously thinking of starting a hawker stall or cafe
Post by: Philipkee on May 29, 2024, 03:17 PM
Definitely not easy.  Don't follow edmw and assume it's so easy to own merc and such after being a hawker
Title: Re: Seriously thinking of starting a hawker stall or cafe
Post by: jim889 on May 30, 2024, 11:44 AM
Quote from: default on May 29, 2024, 01:12 AMSay in hawker or cafe with decent footfall, how much you all think is the initial investment?

intending to sell brewed tea, coffee and craft beer and with snacks/bread to go along


it's easier just buyed vending machine... collect $$$ and stock up vending machine..
 :frown:
Title: Re: Seriously thinking of starting a hawker stall or cafe
Post by: default on May 30, 2024, 11:46 AM
Quote from: bsg on May 29, 2024, 03:15 PMIf U want sell beer

Make sure must have the beer promoter that type.

Lagi best is those vnb atb wear v cut mini skirt, else no body gonna sit in yr hot hawker center lim expensive beer.


U remember yumi the vnb at hong ling hawker center 1st floor dead corner there?

That one is success story for u to replicates.

can you dont make ur signature so many and so big on purpose?

anyway i hire u to promote beer ok?
Title: Re: Seriously thinking of starting a hawker stall or cafe
Post by: Kok loeng on May 30, 2024, 01:56 PM
Quote from: default on May 30, 2024, 11:46 AMcan you dont make ur signature so many and so big on purpose?

anyway i hire u to promote beer ok?

I no longkang how to promote beer to all the lao tikohs at hawker center.
Title: Re: Seriously thinking of starting a hawker stall or cafe
Post by: GhostZM on May 30, 2024, 04:50 PM
If u can take the hardship and able to cook well, can try being a hawker..

As for cafe, I think dun bother unless u can find a place with damn low rental.


CheerS!!!😉
Title: Re: Seriously thinking of starting a hawker stall or cafe
Post by: jim889 on Jun 01, 2024, 10:54 AM
Quote from: GhostZM on May 30, 2024, 04:50 PMIf u can take the hardship and able to cook well, can try being a hawker..

As for cafe, I think dun bother unless u can find a place with damn low rental.


CheerS!!!😉

sell drink should be can la

 :frown:
Title: Re: Seriously thinking of starting a hawker stall or cafe
Post by: daryl76 on Jun 01, 2024, 11:09 AM
Quote from: jim889 on Jun 01, 2024, 10:54 AMsell drink should be can la

 :frown:

sell drink is not suka suka can sell

coffee shop is confirm owner wanna do, hawker centre is depends on NEA allocation of stalls, shop front subject to landlord rental
Title: Re: Seriously thinking of starting a hawker stall or cafe
Post by: Magical Fingertip on Jun 01, 2024, 11:10 AM
Difficult to sell drink. This job normally taken up by the coffee shop owner themselves
Sell sugar cane/soya bean in hawker centre
Title: Re: Seriously thinking of starting a hawker stall or cafe
Post by: encourageSome1 on Jun 01, 2024, 12:09 PM
Quote from: default on May 29, 2024, 01:12 AMSay in hawker or cafe with decent footfall, how much you all think is the initial investment?

intending to sell brewed tea, coffee and craft beer and with snacks/bread to go along
1. Go ask rental .. see surrounding 200-400 m rental cost in past 6-12 mths
Can ask agents around or if u hv familiar ppl ask them help u ask the neighbours who is giving up their biz

2. If decent footfall then next is labor cost .. at least u need 1/2-1 human come help u at peak hour 7-10 am
1-4pm

3. If nobody reporting for work are u able to cope with 90% of crowd level ? If u fall sick do u hv someone in yr circle can immediately step in replace u ?

4. U able to do social marketing / online marketing : sales
N handle ops : coffee making , replacing the confectioneries daily,
N handle admin (accounting payroll invoices n receipts / earnings )
Title: Re: Seriously thinking of starting a hawker stall or cafe
Post by: ABCDFinanceGuy on Jun 01, 2024, 12:14 PM
Quote from: default on May 29, 2024, 01:12 AMSay in hawker or cafe with decent footfall, how much you all think is the initial investment?

intending to sell brewed tea, coffee and craft beer and with snacks/bread to go along

I think the long hours will kill you though.
Title: Re: Seriously thinking of starting a hawker stall or cafe
Post by: default on Jun 01, 2024, 04:22 PM
Quote from: GhostZM on May 30, 2024, 04:50 PMIf u can take the hardship and able to cook well, can try being a hawker..

As for cafe, I think dun bother unless u can find a place with damn low rental.


CheerS!!!😉

Hannor i know. Go big or go home.

Work for pple still better at times if u are not sure u can make it or prepared to put all ur heart and soul into it
Title: Re: Seriously thinking of starting a hawker stall or cafe
Post by: default on Jun 01, 2024, 04:24 PM
Quote from: ABCDFinanceGuy on Jun 01, 2024, 12:14 PMI think the long hours will kill you though.

I agree also. And sometimes people try once or twice for novelty esp if ur items arent cheap.

Even if good tasting, say croissant u sell at 2.50. People also feel pay another $1 can get caipng, or they rather pay $3.50 or $4 for the same croissant with aircon
Title: Re: Seriously thinking of starting a hawker stall or cafe
Post by: jim889 on Jun 02, 2024, 09:47 AM
Quote from: Nevereatrice on Jun 01, 2024, 11:10 AMDifficult to sell drink. This job normally taken up by the coffee shop owner themselves
Sell sugar cane/soya bean in hawker centre

sell ais kachang then
 :frown:
Title: Re: Seriously thinking of starting a hawker stall or cafe
Post by: drdoof on Jun 02, 2024, 09:53 AM
Sell crepe in hawker center
Title: Re: Seriously thinking of starting a hawker stall or cafe
Post by: Kok loeng on Jun 02, 2024, 10:24 PM
For ts op

No say I pour cold water on u ah.

this not bad makan beef noodle. Also can toh. I think i ate 5 to 6 times before.
Price competitive also can toh.

https://www.8days.sg/eatanddrink/hawkerfood/hawker-behind-beef-noodle-chain-horiginal-plans-close-shop-after-six-figure-loss-opens-prawn-mee-stall-sixth-avenue-porky-prawn-noodle-831221
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