
Some time back, this photo caught my attention. It was posted by a celebrity chef on Instagram, relating to a TV show about Hawkers.
Here’s a quiz for you.
There are so many plates piled up high. Doesn’t it seem that they’re on their way to wearing Rolexes and driving Mercedes?
Well, I beg to differ. Let me give a quick explanation…
From the picture, there seem to be around 200 plates.
Selling 200 plates at $3/plate will give $600 in revenue.
Cost of ingredients should be around $1.50 which gives us a tidy profit of $300.
But wait… That’s not all.
Assuming only 4 off days per month, and also assuming a combination of cheap rental and low utilities of $120 per day (I deliberately based my calculations real low for uncertainty. Just to let you know, there are many hawkers that easily surpass this hypothetical figure…)
TA-DAH! We are left with $180 of cold, hard cash.
It’s going to be crazy cooking and serving 200 hungry customers all alone, so two hawkers will probably end up with $90 each.
I’m not finished yet…
More at https://www.prolificcrap.com/single-post/2018/02/21/I’m-Going-Totally-Naked-With-You!