Here’s a really good post on the economics of starting a hawker stall and then running it http://dollarsandsense.sg/how-much-does-it-cost-to-run-a-hawker-stall-in-singapore/
But does the “Estimated Monthly Cost” include the “wages” that the two entrepreneurs pay themselves? If they had employees, the employees’ wages would be included under this heading. But as they are both bosses and workers, it isn’t clear if “Cost” includes their “wages”.
Makes a big difference on the real bottom line.
Initial Cost Of Starting Hawker Stall (Inclusive Of Opportunity Cost)
(Excluding Apprenticeship Fee)
Monthly Operating Cost$11,000 – $15,000
|Estimated Daily Revenue||$1,000||Based on assumption of 200 Customers, average spending of $5|
|Estimated Monthly Revenue||$22,000||22 working days per month|
|Estimated Monthly Cost||$13,000|
|Estimated Monthly Gross Profit||$9,000|