Guy

Honestly speaking, I would suspect that $3000 a day should be the highest sales record of that store but not the daily average sales volume. $3000 a day is already considered very good performance.  ...
rockypath 發表於 2009-3-31 16:55

How about let me correct you here.


Monthly income:                1,200 daily average x30 = 36,000
Rent:                        8,300  
Wages:                       278 Staff hours per week * $10 middle rate *4wk = 11120
Food cost          use the retail margin 50% the average income 36000 *50% = 18,000
Do the simple math
       36000-8300-11120-18000=-1420 per month

I haven't include that Miscellaneous expenses like napkins and toliet paper and honey and the lease of the equipment.

rockypath

56# peter236
There are more than one way to bring in revenue for business.
Since you're paying  the prime  rent  24/7, why restrict yourself by the square footage/number of seat?   Have you heard a ...
somewhereintime 發表於 2009-4-2 16:24

First, how would a respectful and professional accountant would release the confidential data to an outsider like you? Is it called “respectful” and “professional”?

Second, did 7 Heaxxx managed to double its kitchen? That means they had an efficient operation model which any restaurant operator would dream to achieve. The fixed cost ratio would decrease greatly and they had a much better control on the variable costs. The utilization rate must be high both for its equipments and employees.

Then, you would have a harder time to justify why it could not balance its book for:
1)        Having an efficient operation model – double the facility
2)        $300K per month of income
3)        Paying very little rent (I wouldn’t be surprised if they paid no rent at all, and I believe some people on LYK know this as well)

rockypath

How about let me correct you here.


Monthly income:                1,200 daily average x30 = 36,000
Rent:                        8,300  
Wages:                       278 Staff hours per week * $10 ...
Guy 發表於 2009-4-2 23:27

Thanks for your correction. Is it the real data reflecting the operation of that store?

Regardless of the real numbers of the costs are, my point is – “if it makes $3,000 or more a day, it will be profitable and be able to stay open; my guess is that it cannot make that much and it makes significantly less than $3,000 a day”.

Your calculation is inline with my conclusion (daily income = $1,200) unless you would say the otherwise.

peter236

soooo many false information on here LOL

somewhereintime
why do you even bother explaining how to do business to peter236? he will never understand.

anyways
peter236, i can give u 300k and start you ...
Hyde 發表於 2009-4-2 17:15

You moron, I didn't say we should open another coffee shop at Aberdeen. That location may not be viable at all. My plans are more ambitious than that. So please broaden your horizon.

I was saying that the Chinese companies, whether in HK or China should set up a Chinese managed high-class coffee chain store. This is in response to multi-national chains like Starbucks and others. Obviously, many Chinese people like coffee, so we need to attract those customers rather than just allow foreigners make all the money from us.

peter236

老奉會開間百佳咖啡- Poxxa 仆×咖啡
日式佢最啱
sheep 發表於 2009-4-2 23:06

Many pro-Japan people like Japanese coffee. He has Japanese cream puffs, pizza, hello Kitty already, so why not Japanese coffee.

peter236

There are more than one way to bring in revenue for business.
Since you're paying  the prime  rent  24/7, why restrict yourself by the square footage/number of seat?   Have you heard a ...
somewhereintime 發表於 2009-4-2 16:24

Now you are claiming that they supply Hainan chicken to the food court. So how many other sideline business do they have? We cannot do an accurate calculation without all the relevant information.

The point here is that they can't make $300,000 in sales a month, without significant sideline business.

MyOMy

Do you mind to tell us from where you got this figure? Is there any other figures you can share? I am very interested in knowing.
rockypath 發表於 2009-4-2 14:39

Sorry, that is my memory, I have no proof. A couple of years back, a friend of mine planned to open a coffee shop. He showed me his home work, this was part of the figures he had that imprinted my mind.   I think the figure is quite real for a small coffee shop.

Hyde

You moron, I didn't say we should open another coffee shop at Aberdeen. That location may not be viable at all. My plans are more ambitious than that. So please broaden your horizon.

I was saying t ...
peter236 發表於 2009-4-3 00:24

your plans??? you cant even operate a small coffee shop, and you want to have a competing company to starbucks... WOW....  u might as well just dream the what 7 numbers that will come up for Super 7!
HAHAHAHHAHAHAHA
please... i want to see your chinese coffee shop succeed!!! but you have to use CHINA grown beans, not from Taiwan, but CHINA....  remember, all the sourcing must be from china, including all the materials to renovate the shop down to the most basic source, water also have to be imported from China!!!

btw, there are already coffee chain in china, and they are a failure.  they can't even produce a simple cup of coffee that is up to international standard.  how the fxck do you think that it can become an international brand?  please... use your brain and stop jacking off to those pork chop at the maid cafe!

peter236

your plans??? you cant even operate a small coffee shop, and you want to have a competing company to starbucks... WOW....  u might as well just dream the what 7 numbers that will come up for Super 7 ...
Hyde 發表於 2009-4-3 02:10

You moron, China produces high class coffee beans on the tropical island of Hainan province. But since Starbucks and others can import coffee beans from all over the world, why can't our Chinese coffee chain store import coffee beans from all over the world? By the way, you dumb fuc, Taiwan province is part of China.

You dumb fuc can shut down your business empire in China, if you hate Chinese people so much.

Hyde

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