Big Dot Chicken closing down after owners invest '5-figure sum' in it, offering recipe for $888.....generating $500 to $1,000 per day...

[11.11.]

Stomp​

onsdrpteSomlc1t2ugu99u3lmt88mh13l1519ga80mg9ah7g805aha8hitg3 ·

https://www.facebook.com/#
Despite generating $500 to $1,000 per day, the founders felt that there was no point in continuing if they couldn't achieve their bigger purpose, and expanding wasn't feasible either.



stomp.straitstimes.com
Big Dot Chicken closing down after owners invest '5-figure sum' in it, offering recipe for $888

 

[s-ghost]

typo is it, bigger profits say bigger profits, simi bigger purpose

 

[chongquan82]

Rent ish 20k

Only 500 a day

How to survive

 

[wongminmin]

Despite generating $500 to $1,000 per day, the founders felt that there was no point in continuing if they couldn't achieve their bigger purpose, and expanding wasn't feasible either.

$500 = 365 days = $182500

 

[Humster]

$500 to $1000 sounds a lot, but take consideration if Rent, Bills, Raw materials and Salary??

 

[s-ghost]

Despite generating $500 to $1,000 per day, the founders felt that there was no point in continuing if they couldn't achieve their bigger purpose, and expanding wasn't feasible either.

$500 = 365 days = $182500

no businessman will do money losing business one, if really so ho tan, you think people will sell meh

 

[harky]

social enterprise dont look like la

Staff would be given an opportunity to eventually run their own stall under Big Dot Chicken, with no franchise fees or royalties, as long as they worked at the original outlet for six months.

isnt like franchise

 

[Medicated Oil]

They can continue to sell their fried chicken recipe.

 

[lampano]

good initiative but too bad no young sinkies can tahan
all prefer office jobs and aircon


dont jump on too quick, read the article please

 

[Lchlch]

Stomp​

onsdrpteSomlc1t2ugu99u3lmt88mh13l1519ga80mg9ah7g805aha8hitg3 ·

https://www.facebook.com/#
Despite generating $500 to $1,000 per day, the founders felt that there was no point in continuing if they couldn't achieve their bigger purpose, and expanding wasn't feasible either.


stomp.straitstimes.com
Big Dot Chicken closing down after owners invest '5-figure sum' in it, offering recipe for $888

couldnt achieve their bigger purposes???

 

[wongminmin]

no businessman will do money losing business one, if really so ho tan, you think people will sell meh

"Each Singaporean can open a maximum of two stalls, so let's say I use my name, I have to be there every day, but I can't as I have my existing business to run. And Jenny can't handle two stalls at the same time."

The founders are all entrepreneurs: Mr Koh runs a corporate training company and comes from a local multi-generational F&B family business, Ms Adillah owns a research analytics firm, and Ms Lee is a private chef under her own business Nanyang Chef.

i think can, u see wingstop.

 

[Spectre007]

fwah see liao moi feel like adding fried chicken to my caipng later.

 

[rlskyline]

I just tried yesterday. nothing special

 

[tomsss]

Despite generating $500 to $1,000 per day, the founders felt that there was no point in continuing if they couldn't achieve their bigger purpose, and expanding wasn't feasible either.

$500 = 365 days = $182500

they aiming for $1825000 minimum la

 

[Song Bro]

Despite generating $500 to $1,000 per day, the founders felt that there was no point in continuing if they couldn't achieve their bigger purpose, and expanding wasn't feasible either.

$500 = 365 days = $182500

Ya lor. 5 figures investment....

ROI = i.e 99,999 /ave 750 = approx. 133 days to breakeven.
Any ROI less than 6 mths is a good investment lor.
What they assume? ROI in 1 mth?

 

[Kanko San]

If so good..why close.

 

[focus1974]

They can continue to sell their fried chicken recipe.

Yup.
They pivot liao
Don't do B2C selling chicken pieces for a puny $500 revenue (maybe 30% profit margin), so much work.
now do B2B selling chicken recipe for $888 pure profit margin (100% profit margin).

Just target 1 month sell 10 recipes can get back $8,880 sitting at home.
if lucky can hit 100 recipes transactions .. will get back $$88,880 MONTHLY .

 

[dnsfpl]

assuming $1,000 per day

$300 ingredient
$300 labour (2-3 pax)
$200 rental
$100 misc

left $100 per day only, i rather work as admin

 

[Atilas]

Another solid example that rental does not affect food prices, only will make them close down.