Value dollar store made me realised how overcharged other shops are [NO referral links]

[mosmos]

Bedok
.

 

[mosmos]

 

[mosmos]

 

[cattwl7]

Fully redeemed

 

[Jian19]

It's a scam , please dun click

 

[twosix]

It's a scam , please dun click

Oh it is? Please delete. I've deleted mine.

 

[Jian19]

Oh it is? Please delete. I've deleted mine.

Any too good to be true lobang on Facebook just take it with a pinch of salt

Most are scam

 

[mosmos]

Still got 1x haben use

 

[martin1973]

Still got 1x haben use

Still can claim at 117pm for me lol

 

[twosix]

Still got 1x haben use

Got minimum spend.

 

[martin1973]

Still can claim at 117pm for me lol

Claimed together with the UOB $2 Joliibee

 

[SantyBalls]

Wah, 佛心来的.

200 rent. Assume they pay themselves 4k ea. Electricity/water/gas 500.

each cup 30cent.

plastic cup 5cent ea.
cost of soya milk n ice assume 15cents.
each cup profit 10cents.

8000 salary +
500 utitilies+
200 rent
= 8700

they need $8700 in profit to breakeven.
means need sell 87k cups to breakeven.

if work 20days a week, means need sell 4k cups a day


if adjust cost of plastic cup to 2.5 cents a cup - i buy 500ml cup from JB at 2cents ea, the lid/seal assume is half a cent ea.
cost of soya milk n ice assume 7.5cents now.
selling at 30cents ea, each cup profit 20cents.

if work 20days a week, need sell 2k cups a day.

 

[LWZ]

200 rent. Assume they pay themselves 4k ea. Electricity/water/gas 500.

each cup 30cent.

plastic cup 5cent ea.
cost of soya milk n ice assume 15cents.
each cup profit 10cents.

8000 salary +
500 utitilies+
200 rent
= 8700

they need $8700 in profit to breakeven.
means need sell 87k cups to breakeven.

if work 20days a week, means need sell 4k cups a day


if adjust cost of plastic cup to 2.5 cents a cup - i buy 500ml cup from JB at 2cents ea, the lid/seal assume is half a cent ea.
cost of soya milk n ice assume 7.5cents now.
selling at 30cents ea, each cup profit 20cents.

if work 20days a week, need sell 2k cups a day.

if they don't take a 'salary', basically anything over $700 will be theirs ?

 

[mosmos]

Got minimum spend.

Ya signature bowl ish $3.60

 

[ixora2007]

Still can claim at 117pm for me lol

It shows fully claim when I checked last night.

 

[twosix]

200 rent. Assume they pay themselves 4k ea. Electricity/water/gas 500.

each cup 30cent.

plastic cup 5cent ea.
cost of soya milk n ice assume 15cents.
each cup profit 10cents.

8000 salary +
500 utitilies+
200 rent
= 8700

they need $8700 in profit to breakeven.
means need sell 87k cups to breakeven.

if work 20days a week, means need sell 4k cups a day


if adjust cost of plastic cup to 2.5 cents a cup - i buy 500ml cup from JB at 2cents ea, the lid/seal assume is half a cent ea.
cost of soya milk n ice assume 7.5cents now.
selling at 30cents ea, each cup profit 20cents.

if work 20days a week, need sell 2k cups a day.

Only soya milk is 30c. The other drinks r more expensive. And 2 old couple with no children need $4k each for what? They r always at the stall.

 

[SantyBalls]

if they don't take a 'salary', basically anything over $700 will be theirs ?

most hawkers operate as sole proprietor, so, yes. all earnings above their overheads are theirs to keep. likewise for losses.

and i see from the vid, likely separate charge for plastic cups. their usual dabao is plastic bag with rubberband.


but lets assume 30cents/cup alrdy include cost of plastic cup.

say 1kg soya bean can make 10l of soya milk. 10l = 40cups
1kg soya bean assume $2

the cost of soya milk is 5cents a cup. add 2cents for plastic cup, 1cent for ice, is 8cents a cup.
selling at 30cents, thats 22cents profit per cup.


just selling 30cent soya milk alone, to breakeven, they need sell ~3.2k cups a month, or ~160cups a day if they work 20days a month.

anything beyond that, is their income.


this is not taking into account the other higher profit items.

so yeah, they are not exactly losing out. they are just earning lesser. and their lackof rental and labour is the only reason they are able to sustain this.

 

[SantyBalls]

Only soya milk is 30c. The other drinks r more expensive. And 2 old couple with no children need $4k each for what? They r always at the stall.

i took 4k cause sg median salary is 5.5k, or household income is 12k. their children alrdy working, so assuming 1 of their child still lives with them, and said child earns 4k, + parents 4k each, a household income of 12k puts them abv the median household income.

4k for a hawker job seems like a reasonable salary to give oneself.

 

[Jian19]

most hawkers operate as sole proprietor, so, yes. all earnings above their overheads are theirs to keep. likewise for losses.

and i see from the vid, likely separate charge for plastic cups. their usual dabao is plastic bag with rubberband.


but lets assume 30cents/cup alrdy include cost of plastic cup.

say 1kg soya bean can make 10l of soya milk. 10l = 40cups
1kg soya bean assume $2

the cost of soya milk is 5cents a cup. add 2cents for plastic cup, 1cent for ice, is 8cents a cup.
selling at 30cents, thats 22cents profit per cup.


just selling 30cent soya milk alone, to breakeven, they need sell ~3.2k cups a month, or ~160cups a day if they work 20days a month.

anything beyond that, is their income.


this is not taking into account the other higher profit items.

so yeah, they are not exactly losing out. they are just earning lesser. and their lackof rental and labour is the only reason they are able to sustain this.

They first generation hawker

Got house got car all mortgage clear liao

No need 1 month 4k , maybe total earn 3k good enough for them

Everyday got something to do no need idle at home

 

[koreanlover]

Still can claim at 117pm for me lol

Just now went plaza sing to redeem the breadtalk promo. The Sausage Standard costs $2.30 there, after promo I paid $1.19.