Mockngbrd;941820 said:not bad... but 8k a month is in sales. no mention of costs?
Mockngbrd;941820 said:not bad... but 8k a month is in sales. no mention of costs?
kenntona;941849 said:I earn $188-488 a session selling my only hotdog.
Efficiency.
Mockngbrd;941853 said:got ketchup arnot?
kenntona;941849 said:I earn $188-488 a session selling my only hotdog.
Efficiency.
John74;941823 said:3 partners x 8 . total earns is 24k.
bryan_t;942036 said:its $8k in sales revenue, not profit per partner. IMO, bad business return leh, considering the costs involved with materials, staff, and of course, his own time spent everyday.
but, would be really good experience for him in F&B business operations management.
Red_Bean_Bun;942047 said:you familiar with campus costs ?
bryan_t;942059 said:nope, but when I consider the following:
- 3 partners involved
- 15 employees
- rental at $500 -> ~$2/hr
- operating hours - 10hrs per day, approx 220hrs per month
- assuming min 3 staff operating at all times -> at least 660 man-hours per month
- sales per operating hour ~$36-$40
- assuming $5/hr for labour -> at least $15/hr for manpower
- assumed total cost per hour before materials (rental + labour) - ~$17-$20?
- Sales of (max) 150 sandwiches per day => 15 sandwiches per hr = costs?
- Utilities costs?
My guess is - this business is either barely breaking even or small profit. during those school breaks, highly likely they will be making losses.
not a business I want to be in.
ac323;941816 said: