business and sell their iconic 80-year-old recipe for $1 million, most Singaporeans thought the deal would be sealed in a matter of days.
The reality is that nobody took it up. The two elderly owners have to continue running the stall in spite of their poor health.
Likewise, the owners of Korat Thai Cafe in Orchard Towers recently announced that they want to retire and hand over the reins to a capable candidate. They reassured that they will teach their successor everything he/she needs to know. But no matter how attractive their deal sounds, it is not easy for them to find someone to take over.
We all know it is difficult to run a food business, especially in Singapore. The rent is sky-high and no matter how the government claims to help stall owners, it is never enough. Who would want to take over a business that is not profitable?
More at https://shrtcô.de/jDGNXz
The reality is that nobody took it up. The two elderly owners have to continue running the stall in spite of their poor health.
Likewise, the owners of Korat Thai Cafe in Orchard Towers recently announced that they want to retire and hand over the reins to a capable candidate. They reassured that they will teach their successor everything he/she needs to know. But no matter how attractive their deal sounds, it is not easy for them to find someone to take over.
We all know it is difficult to run a food business, especially in Singapore. The rent is sky-high and no matter how the government claims to help stall owners, it is never enough. Who would want to take over a business that is not profitable?
More at https://shrtcô.de/jDGNXz