ADjohn90,

Here's a constructive criticism for your consideration. RM20k - RM30k for 6 months of rental is definitely NOT enough for shopping complexes. The rental for shops are at least RM8k - RM25k, depending on location and size, and usually you will have to pay 2+1 upfront upon signing of tenancy agreement. You will have to fork out additional funds for shop renovation as well.

You could consider renting pushcart areas within these shopping complexes though, ranging from RM1,500 - RM6k.

Plan to do it full time ?

In that case, you will need your own pushcart because that's more towards franchising. Unless you want to do it yourself, then most of the shopping complexes have standard pushcarts for you to rent. If you're really interested, do contact the management and submit your applications to a few of them. You can reject the rest if you are accepted by one of them. If you're lucky, the waiting list is short.

Good luck.

Hi,

I think I know what you are up to. A side business that can fully work on its own without your daily involvement. Chances are it will work in short-term but not long term.

I started my bubble tea stall in Wisma Cosway four months back while being fully employed in Singapore, though earning a marginal profit but running it is not easy, reason being that I am not there.

Secondly, finding a reliable partner/staff. Someone that can oversee and do up your material purchasing schedule, monthly promotion, accounts, staff payroll and etc.

As my budget was limited, I have to all my planning myself. Plus my partner was not really helpful and was at loggerhead with the landlord. There were some dispute between him and the landlord and  now I am forced to move out by end of the month.

I may not intent to continue since I not in KL to oversee it, ownership is very important and I failed to 'own' my business resulting in early closure. But if you are nearby, chances are it will survive.

Rental and staff cost will be your main concern, and opening it at shopping mall with traffic flow round the clock, you would have to hire at more staff and to work on shift, which would also add to your operating cost.

RM30k will be ideal for pushcart, test the market first, start small. When you have the confidence, then move up to stalls and shops.

Finally, good luck.

Host, did you talked to Sunway Pyramid Leasing Department? Surely they have their rules and regulations for you to obey. You have to be aware about it. Getting the right place is the first most important thing you gonna settled now.

In fact, I am doing similar thing in KLCC. But having a lot of problems in there.

All the best.

have u done ur homework.. like market research etc?? i think u r not so ready yet.. no offense