Quote:
Originally Posted by Bigbluebird
Dear bro,
Thanks for your advice. I hope you do noy find my questions a bore and there are a tonne of questions I have in store for all seasoned Viet Samsters here. Let us say is 30k to 50k enough a sum to start off with in D1 itself.
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I have just edited my earlier posting regarding restaurant. 50k is a very small sum for a proper restaurant.
All depending on what type of restaurant u looking at, a proper air con with good decorate or just a shop house, open air type. Also depending on size of your restaurant n location in D1. The rental in advance and deposit will take up about 10k-20k USD which is almost 1/2 of your 30 to 50k SGD. Next will be furniture and equipment, even if u are in luck, take over a restaurant with the right furniture and equipment, u will still need a little renovation and minor additional purchase.... seriously u better think twice. U will need backup money to sustain for business for at least 6 months loses.