somewhereintime

Opening a new restaurant at that location and only expecting
$3,000-$4,000 daily sales? it is not going to last.
Other than coffee house, a restaurant need to generate $8,000-$10,000
everyday to be profitable

somewhereintime

Some independent wonton house would make that much daily,
big deal.
What do you know about CANADA anyway??????

somewhereintime

8# 71hst


Hon Kee is ****-up like you

somewhereintime

9# 71hst

Not at retail level, the Corp , Yes

somewhereintime

FYI, I have been living in Vancouver since 1977, never
collect EI or Welfare. Not everyone is a failure like you.
Why would I want to cook ChoySuey while I can teach
Canada Red Seal Chef Program?

somewhereintime

15# 71hst

Shut your ****ty mouth, I never work in Chinatown like you.
I started teaching at BCIT back in 1981, where were you then? Blood Alley?

somewhereintime

日收3000-4000係downtown...
如果係生意額，
都係搵定經紀放盤好過。

如果淨賺3000-4000,都有得做既。
MoiRhapsody 發表於 2010-2-9 22:50

It would take a very good realtor to sell

somewhereintime

The rent and Triple net alone costs  over $1,000 a day
Just assume:
$4,000 x 30 Days = $120,000
Rent + Triple Net:  $25,000
Cost Of Goods Sold:  35% = $42,000
Labour Cost: 32% = $38,400
Utililies:  $5,000
Overhead:  $6,000
LOAN PAYMENT: $450,000(Principle) x 15%(Interest) x 5 Years, Monthly payment: $22,500
That is only part of the major cost, if someone do only $4,000 sales a day, the restaurant
would incur - $17,500 lost every month($210,000 annually) for 5 years, is it a dream or nightmare?
The very minute you sign the lease, you are signing a $1,200,000 loan from
the landlord, and usually the lease is personal guaranteed, so say bye to your house

somewhereintime

The New Forum Abalone restaurant in TST Kowloon,
5 new menus,  HK$2,888 per person

somewhereintime

24# MoiRhapsody

A  600  sq. ft  Foodcourt space at Waterfront hotel  pays  $12,000 rent per month,
guest how much  daily sales required to achieve break-even point?
That is just food court.
The large space on Robson at Burrard where the Nikko used to be,
the rent is $45,000 per month.