Showing posts with label Prawn Mee Home Cooked. Show all posts
Showing posts with label Prawn Mee Home Cooked. Show all posts

Home cooked Hokkien prawn and beef noodle






It wont be cheap if I wanna sell the above because of the cost involved. The 5 big prawns cost 50 cents each (5 = $2.50). The beef is another $1. Bean sprout is 5 cents plus the noodles,black fungus etc is 70 cents. Total cost without labour and rental (in case I rent a stall or place)comes to about $4.20c.
So what is the amount should I charge the customers for a bowl of the above? At least $8 to make a profit of about $3.80 per bowl? Too expensive right? Perhaps, $7 a bowl and make $2.80 from it.
Then what about rental and the workers' salaries? Lets assume that I am able to sell 200 bowls a day and I will take in a profit before salaries and rental of $560. Putting $200 for rental a day and $100 for the salary of 2 workers, I will be able to make a net profit of $260 a day which comes up to $7,800 a month(before tax).
However, getting a place at a good location will double the profit by selling 400 bowls a day. Sure, the rental may also double up to $12,000 a month. I would need to have another extra worker. The net profit would then be about $20,100 which is very good. Do you think I should give it a try after all the prawn mee cooked by me taste super good?