Greendot goes from 19 outlets to 11, probably no thanks to PAP refusing to rein in greedy landlords

[Cs101]

https://www.thefooddossier.com/2019/08/greendot.html

 

[Aaron carter]

When one has to resort to paying the Shit Times to plug your restaurant, you know things aren't going well.

https://www.straitstimes.com/life/f...anteen-stall-into-21-million-vegetarian-chain

 

[jurongwest]

When one has to resort to paying the Shit Times to plug your restaurant, you know things aren't going well.

https://www.straitstimes.com/life/f...anteen-stall-into-21-million-vegetarian-chain

Wah got 21m in revenue each year, who says they dying?

 

[Deadcalm]

It's net profit that counts. If you earn 21mil, but all the operating costs, rental, salaries and shit tally up to way more than 21mil, then you are bleeding.

 

[OYK]

View attachment 222249

https://www.thefooddossier.com/2019/08/greendot.html

wlwlsmdwl

 

[eatshitndie]

if rent sexpense per location averages $30k per month, 19 locations cost nearly $6.9m which means one third of annual revenue. very high sexpense. rent average per location must have gone up to over $50k per month for them to scale back down to 11.

 

[A Singaporean]

What is wrong with making more,money ? Sinkies voted for it.

 

[Hmv]

if rent sexpense per location averages $30k per month, 19 locations cost nearly $6.9m which means one third of annual revenue. very high sexpense. rent average per location must have gone up to over $50k per month for them to scale back down to 11.

$30K only?

O

Thread 'Space available for rent at a whopping $49K/month @ Bugis Junction, any takers?'

Apr 5, 2025

https://urlr.me/v54TCK

• OYK
• Replies: 26
• Forum: The Courtyard Café

 

[rushifa666]

It's net profit that counts. If you earn 21mil, but all the operating costs, rental, salaries and shit tally up to way more than 21mil, then you are bleeding.

Dont bothersinkies all maths fail. They think cpf at 6% going to save them from 9% gst. Going tk 12% soon

 

[jurongwest]

Dont bothersinkies all maths fail. They think cpf at 6% going to save them from 9% gst. Going tk 12% soon

CPF where got 6%?