22 Feb '18, 12am

Good read, good spot by @MothershipSG

Good read, good spot by @MothershipSG

Full Facebook post by A Noodle Story I’m Going Totally Naked With You! 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 hypothet...

Full article: https://mothership.sg/2018/02/a-noodle-story/

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