This post has been edited by Cassidy90: Jul 2 2010, 11:33 PM
How Much A Hawker Can Earn?, Before I jump in the ship
How Much A Hawker Can Earn?, Before I jump in the ship
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Jul 2 2010, 11:28 PM, updated 16y ago
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44 posts Joined: May 2010 From: somewhere on earth |
Hey guys and gals. First of all, I would say posting this thread here is more appropriate as this is the business section. I would really like to know how much does an average hawker can make in a month as well as how much can a good performing hawker makes in a month? Your answer is much appreciated. Please let me know whether you're mentioning gross or net profits.
This post has been edited by Cassidy90: Jul 2 2010, 11:33 PM |
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Jul 3 2010, 12:25 AM
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Hi Cherroy
I couldn't determine yet how much I can sell, so it would be better if I know how much can a very good performing stall earns in a month and also the average one so I can see the high and low before deciding is it worth to take the plunge. Of course many factors included esp location. If you do know the earnings of any hawker, is much appreciated. Added on July 3, 2010, 12:31 am QUOTE(YuNGSeNG @ Jul 3 2010, 01:05 AM) What food are you going to sell ? Haven't decided what to sell but it will not differ much from existing hawker foods.There is no average can be estimate, as it based on the food taste, profit per plate and also location. We can simple calculate the net profit by Gross profit : Profit per plate (RM 2) X 100 plate X 30 days = RM 6000 per month Rental : RM 800 Other expenses : RM 100 1 worker : RM 800 Therefore, Net profit : RM 6000 - RM 1700 = RM 4300 per month Above just the the estimation as a guideline. Yes, I agree with you on taste and location. Say let us just put aside those factors, I would like to know what is the range(net profits) of an average and a very good hawker can get in a month. I've heard of some saying that there are hawkers earning about RM10k plus a month(net profits) and so.. but is it real? This post has been edited by Cassidy90: Jul 3 2010, 12:31 AM |
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Jul 3 2010, 12:39 AM
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QUOTE(dannyme @ Jul 3 2010, 01:31 AM) I think u should be more specific in defining hawkers. Do u mean real hawkers like those plying their trade along the five foot way or do u consider those chinese kopitiams hawkers too? Hi dannymeBut here's what i know. A chicken rice stall owner in imbi is making at least 15k a month. The owner of sun meng kee roasted duck restaurant in cheras make at 100k a month. Pls dont ask for prove. I dont have any. It's all from some1 i trust. My definition of hawkers will be of those small stalls in Chinese kopitiams(not the owner of the Kopitiam but those who rents a stall with them). I am also referring to those small stalls at foodcourt like in Asia Cafe and so. Wow...15k is a lot but is that net or gross? Sun Meng Kee is different as it's a restaurant doesn't fall under hawker. Haha... no need prove. |
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Jul 3 2010, 10:32 AM
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QUOTE(dannyme @ Jul 3 2010, 01:46 AM) that'll be nett. I agree with you that this is a competition stiff business. But honestly, i think it's not a very viable business anymore. Too much of competition. Almost 90% of those who felt like running a business nowadays will choose these big three...food, education n beauty centre. Look through those ad pamphlet like media focus n u'll get what i mean. But hey, don't let me stop u if that has always been ur dream. "But hey, don't let me stop u if that has always been ur dream. Added on July 3, 2010, 10:34 am QUOTE(Felice821 @ Jul 3 2010, 01:42 AM) Can't say how much profit... But, a hawker can raised up 5 kids ... with 3 studying oversea ... got 3 properties; the most expensive is 700k ... got 4 cars .... Hi Felice821He's probably richer than a CEO. How you know? You know the hawker? Added on July 3, 2010, 10:35 am QUOTE(shoduken @ Jul 3 2010, 06:02 AM) don't underestimated hawker or any food seller, their turnover could be 3 - 5 times your salary. thanks for the info shoduken. I know a auntie just selling just noodles + side dish (liu fen), only sell morning, earn around 5k-8k per month. usually when i arrive around 11am in the market she's finished, now she retired jor =.=! my parent's childhood friends, sell meats since I was born, no need rent place just park his lorry near a restaurant, also only sell morning after 11am he start to wash and leave, sell until 2 storey banglo, 2 foreign cars + 4 children's oversea university (i'm one of his son's friend) =.=! regarding to TS, provided if your hawker's food is nice, you could earn a very good income, but, could you stand the heat everyday? i know this guy work as hawker, 6 month he give up because of the heat and now he's in australia doing another work. oh by the way, the two above i mentioned is doing it in Ipoh, so maybe KL business more better provided your location is good. and yes location is very important, more people more chances your food can be tasted and spread with mouth around =D This post has been edited by Cassidy90: Jul 3 2010, 10:35 AM |
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Jul 3 2010, 10:39 AM
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#5
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QUOTE(ptit @ Jul 3 2010, 06:57 AM) mamak stall earn min 4k max 8k perday....i repeat per day....even my father business selling drinks and ABC Hot Chocolate earns 2k perday.... Hi ptitThat's a lot but mamak stall is a restaurant instead of a hawker. Is your father's business selling drinks and ABC Hot Chocolate operating from a small stall or does he actually owns a restaurant and rented out the rest of the place for small stalls to sell food and your dad the only one selling drinks? thanks |
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Jul 3 2010, 01:21 PM
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QUOTE(Awakened_Angel @ Jul 3 2010, 12:23 PM) Hi Awakened_AngelBut this is extreme, 20-30k "PER DAY". In this case, what kind of mamak stall you're referring to? small ones or like Steven Corner? As I'm looking for answers for small stalls like those you see in WaiSikKai - in this case just a small single stall. Thankz Added on July 3, 2010, 1:28 pm QUOTE(ahpoh @ Jul 3 2010, 12:24 PM) well the most important thing is know what is the turn over of the restaurant.....taking the lowest estimation people come in will be the best, if not you will lose hope very fast ( because expectation too high but the rate you imagine is too low) Hi ahpohjust a few days ago, i went around pj and notice that about 4k per stall/ month which i directly ask the owner because me myself plan to start during weekend. only. because you start know what you want to sell, look for your competitor nearby where u want to start. do you need worker to help you? what are your different between other people stall. well looking at price to charge customer also have to determine your location some people might think your food and nice and cheap or reasonable price people who come from far too. putting in money in a factor as well, some marketing will help to increase your customer that stall you mentioned raking in RM4k a month, is it net profits or gross? If it's gross I don't see anything good but if it's net then it could be worth something to try. Eagerly waiting for your reply. Thanks This post has been edited by Cassidy90: Jul 3 2010, 01:28 PM |
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Jul 3 2010, 04:05 PM
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QUOTE(edyek @ Jul 3 2010, 03:29 PM) People people. Let's us to go to the basics. Don't tell TS that this hawker earn XX money and raise how many kids, buy how many cars, earn how much property etc. Give him facts, not stories. Stories will motivate him, but it doesn't teach him how to become like them. hi edyekAll he needs to know is how feasible it is to be a hawker. Let's say he is selling Bak Kut Teh with normal portion, normal taste at a normal flow of customer. And with that how much can be earn (based on estimation). Of course more pork, good sup, busy customer etc is just the bonus point. Yes, you got me. Guys in this case: "Let's say he is selling Bak Kut Teh/Noodles/Rice with normal portion, normal taste at a normal flow of customer. And with that how much can be earn (based on estimation)" - Anyone knows? Or have heard of other hawkers' earnings??? Please share here. All I need to know is basically the profit(net) of a hawker with average business and a hawker with good business. Of course I will take note on becoming a good hawker, like not give too less ingredients or serve something that is not delicious and so. Thanks |
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Jul 4 2010, 12:31 AM
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QUOTE(Jinx-Z @ Jul 3 2010, 10:07 PM) Hi jinx-Zwhy wait another 5years? why not make it now. Added on July 4, 2010, 12:38 am QUOTE(lexiqa @ Jul 3 2010, 11:22 PM) try not to get too famous or end up like the CKT auntie in pg, the income tax ppl sit there whole day to see how mant CKT she selling to check why her income tax so low. hahahahaha Hi lexiqabut seriously TS, u need to think of what's the tastiest thing u can cook to sell with the least amount of trouble (no need to do too many fancy things to cook it) but also profitable. then go ard look for a good stall location then ask abt the rental. then start ur calculations lar. no use asking us like this. ur question is so vague and we also don't know what u aim to do. ahahaha... i agree with what you said above and by that I mean all the points. i may not yet know what i wanna sell but at least by knowing what the worse and the best can make will certainly help in deciding my decision to jump in or not then only am i able to know what i can sell. This post has been edited by Cassidy90: Jul 4 2010, 12:38 AM |
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Jul 4 2010, 10:02 AM
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#9
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QUOTE(b00n @ Jul 4 2010, 03:20 AM) This are good motivational stories on hawker being rich. Hi BoonBut how many heard of hawkers that doesn't survive. (devil's advocate here) Did anyone list down the hard work one puts in to be successful? i.e. basically no life. Early morning has to rise and go market. After getting fresh ingredients then have to prepare the portions and also seasoning. Then it's cooking; even at night after closing, have to prepare the seasoning materials for the next day. It's basically hard work and hardly any rest to be successful. Yes we cant ignore those that failed too. But in business it's about taking risk. If one is prepared to try, he/she will eventually accept whether it's a positive or negative outcome. When someone fails, I believe there will always be somewhere wrong. Hardwork is a lot in running a hawker stall, and having no life is basically one. But there are also hawkers that have plenty of time to do own things and they merely even help out at the stall other than just monitoring it. It depends on how you do, what gives the perception that by being a hawker it's about very long hours and it takes you the whole day including preparing for tomorrow's ingredients? It all depends on what you sell and whether is there a system in place. I have seen some hawkers only spend little time on preparation before the start, and some even after helping out in preparation will leave for home while other people will help manning the stall. |
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Jul 4 2010, 01:57 PM
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QUOTE(howszat @ Jul 4 2010, 01:13 PM) Which really means that how much other hawkers can earn has very little relevance to what you can earn. Hi howszatThere are way too many variables involved, and it's very different for each individual. yes, how much others can earn has little relevance to what i can earn as there are many differences and like you said variables involved. but knowing the bottom and top enables me to do my calculations and much or less affect my decision making. Added on July 4, 2010, 1:59 pmBesides providing me with an insight of hawker business in terms of earnings. This post has been edited by Cassidy90: Jul 4 2010, 01:59 PM |
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Jul 4 2010, 03:22 PM
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QUOTE(howszat @ Jul 4 2010, 04:04 PM) One good thing about the hawker business is you can set it up with very little capital commitment, and see how it works out. yeah, well said. but do you guys know where to hire people to man the stall? If you don't like it, you can walk away from it. and i still need more feedbacks for thread. thanks guys and gals in advance, just keep the answers coming in. This post has been edited by Cassidy90: Jul 4 2010, 03:23 PM |
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Jul 4 2010, 03:45 PM
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anyone can tell me where to hire ppl for a hawker stall or do you guys know where other hawkers get their staffs/workers from?
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Jul 5 2010, 08:59 PM
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QUOTE(pinkantelope @ Jul 5 2010, 08:29 PM) given that generation nowadays are more enterprising, whereby they are more willing to try in search of the answer than to keep guessing. after all, failing which doesn't cost their lives and if it's successful it will be beyond his/her wildest dream. many successful people in business started off with no knowledge and experience, holding on to their idea armed only with guts. I just love what you said. |
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Jul 6 2010, 10:44 AM
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belum cuba belum tau ler. i rather see these ppl who wanna go ahead and do it than just talk talk talk all day about what could have been. let them go ahead and do it than discourage them lar. so what if u fail?? failing is the mother of success (chinese saying) having no ambition is the only sure-fire way towards failure. not failing once or twice. [/quote] Hi Lexiqa I agree with your statement. |
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Jul 6 2010, 09:51 PM
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44 posts Joined: May 2010 From: somewhere on earth |
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Jul 7 2010, 05:47 PM
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QUOTE(Al3x0174 @ Jul 7 2010, 05:35 PM) I have been looking into F&B as well. Hi Al3x0174It's true that F&B/Hawking have good profits even when your food tastes in the level of "Edible". Sales a day would vary from 500 - 5000 for a bahkuttea stall (My uncle). However bare in mind that 1) the preparation before the opening starts a few hours earlier 2) during peak time, you have no time to breath 3) ensuring stall is clean and all material are well kept from pest in between you still have to manage a lot of things including washing the dishes, collect money, attend to customer complain, etc. He's from a broke state earning his way to a double storey house and a BMW after years of hardship but soon failed blinded by the money. Gamble, gotten lazy, etc Youngster nowadays are like that as well. They assume that if they are able to get such profit in the long run, they started to 1) buy luxury stuff 2) get lazy 3) leave everything to the staff (including the money) at the end the business fail Important Note - Cost Caution - Wastage Coution The food cost in Malaysia is considered high. Let's take a simple Chicken Rice as sample Cost of a Drumstick = RM1.80 Cost of Rice (with spices) = RM0.50 Chicken Soup = RM0.20 Chili Sauce = RM0.10 Prices are inclusive of gas, water for precook cleaning, other ingredient, processing, after sales cleaning, etc Therefore the cost would come up to RM2.60. How much would you sell? Probable RM4 - RM5 depending on area. So let's assume RM4.50. You earned RM1.90 for each rice sold. This Exclude RENTAL. So assume the rental cost average per plate is RM0.50. Therefore the Net Profit is RM1.40. That's about 31% margin. However, do remember that you need to sell 2/3 of your food before you could start profit. that's the breakeven point. If you successfully sell 100% therefore you earn 31% Max. if you have 5% wastage, that 5% is cutting from your profit of 31% which left 26%. You do the maths Proper planning and reality have to kick in. If you ever think that working is harder than being a boss. Think again. Some of the successful ppl tell me stories like 1) "I used to ate rice with soy sauce" - ended up with a banglo and few luxury car 2) "I used to borrow money from loan shark to buy food" - Currently his Share Dividen is above few hundred K 3) "I used to ate rice with water" - Millionaire 4) "I once sold my house and borrow money from all friends and relatives to repay debts on my business" - Earning good money 5) "I slept 4 hours a day during the early stage, almost bankrupt" - Having Euro trip every year for a month with family. The early stage of a business is a Hell's walkway. The end part is Heaven. Just make sure you dont get lured to the Devil's den. Finally, You could find some advise, listen to experience, do the research, come out with a good business plan but the most important thing is to take the risk. Take the 1st step and never forget the effort and hardship that you been thru. Dont Dream the Future, Make the Future. No one plans to fail, they simply fail to plan. My 2 cent opinion. A Special advise to Cassidy90 - This serve as a guideline for your option. As to your choice of working or business, it's not about the money. It's about the effort you are willing to put in. Reward comes only after the work. Make sure that you want to do hawkering and not the money. Any work or business could generate money as long as you have the passion for the job. Thank you very much for your advice. I really appreciate it. I've been looking into this since a year plus and I've spent countless time working and learning along the way. Frankly, if I say if it weren't for the money it would be a big lie, and again of course I am ready to take on my new role knowing the consequences that I will face from this transition(from working in the office with no fuss to hawking on the street). I went through all the hardship to learn this trade and what you guys contributed here will have me deeply look into, of course I will not do something blindly. I would like to sincerely thank all those who has contributed a line or two here in this thread. Al3x0174, good luck to you since you're looking into this trade as well. |
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Jul 8 2010, 07:41 PM
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QUOTE(angelsinlove @ Jul 8 2010, 07:28 PM) Hi Cassidy90 I agree with what you said angelsinlove, I've seen your thread as well. Hope I can get more advice from you. thanksBeing in this hawking trade myself, perhaps I can answer your question more accurately, take one of my stalls for instant which is raking in about RM9k nett(more or less) - taking into consideration that volume is a variable. To be in this business location is the number one factor to consider, believe me or not, if you have a nice spot anything is just going to sell. Of course it must be food that is of reasonable taste. Long before I started, I have many people pouring cold water on my idea. Just like everyone else I almost abandoned my plan but hey, if it's something that you want to do, do it now. Go and find out for yourself, you can take the opinions and advice from others as a reference but don't be influenced by them. You know how to weigh them. I understand too that many shares the same view that being a hawker = no life(long hours/the heat/etc), well, it depends on how you're going to do it - the food and the system that you're going to put in place. Being a hawker I too can have a short working hours or perhaps working hours of those in the office. At the end is just about whether can you accept the transition. From an Executive job to a Hawker, from being in an air-conditioned working environment into a hot and sweat working conditions. And from an on par level with the rest of your friends to a much more lower level. But to me, whether you're working as an Engineer, or an Executive, at the end it's all just about making money. The most importantly is to have everything planned nicely, how much you can make a month whether you're an average or best performing hawker depends on many factors. Some are controllable while some are beyond our control. Good luck! |
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Jul 9 2010, 08:45 PM
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Jul 9 2010, 09:56 PM
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Jul 13 2010, 04:16 PM
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QUOTE(lexiqa @ Jul 13 2010, 04:15 PM) this is the same as saying "why eat when u r going to be hungry later?", "why take medicine when we all going to die anyways", etc You sure are something, I just can't help but to agree with you. Boy, you're really positive - just keep it on. This is the first step to being successful. Positive people attracts positive energy. Life is short, and you only have one chance to do the things that you like. Give it a shot, you don't wanna be telling yourself at the age of 60 that you should have tried. Why keep yourself guessing? Go find the answer. if u failed in doing sthg, doesn't mean everyone will fail too. just bcoz it wasnt the right path for u, don't discourage others to do the same. why can't we share our experiences with each other to let ppl with less experience in the area to gain from ur past experiences and failures? does dragging other ppl down make u feel better? so u won't feel so bad about failing? seriously, think about it. if Thomas Alva Edison had the same thinking as u and gave up at his 999th attempt, we will all still be using fire as light sources instead of electric lightbulbs. failure shldn't be labelled as a bad thing. we all learn new things everyday. so what if we failed in one thing now, the important thing is to learn from it. if TS (or anyone for that matter) wants to do it and is determined to do so, she shld go ahead and try. her views in life and how willing she is to work hard are most likely different from urs. why then, wld she have the same results? everyone is different. like u said, it's HARD WORK. if someone is willing to copycat it and become successful from it too, why not? it's still all due to their hard work to make it successful. u ald implied explicitly that not everyone can do this. so, how many copycats u think can survive? why all the negativity?? u surely don't know much about cooking as u can say chicken rice is easier to make than chicken wings. chicken wings u need to marinate and leave for few hrs only after cleaning the wings. then when u open stall, u panggang the wings while u get orders. chicken rice--->clean and cook chicken, cook rice, prepare chili sauce/garlic, cook soup. even without going through the processes, u ald have more than 3 things to prepare for this. btw, it seems like u just like to simply pour cold water on ppl in this forum. there're better ways to disagree with ppl without being so aggressive and unnecessarily negative esply when talking to ppl who are sharing their aims and goals in life with us here publicly. to me, this is quite a personal thing to share in public and i really appreciate reading about it. i'm not trying to say i'm a better person or anything, but the very least we could do is share some ideas and advise these ppl who are brave enough to share their goals with us so we can guide them in their chosen paths as much as possible. esply those who failed before from the same thing. we all can learn from the past experiences. nothing shld be a mistake if u can learn from it. an experience is only a mistake when u stop trying. being a bitter person will not help u go through with life easily. whatever that happened to u in ur life to have made u so bitter and negative shldn't be the only reference u have to give advice to ppl. pls remember that. that's his assumption about chicken rice being easy. u ask him lar. don;t tell me u also think rojak and chicken wings need so much special skills to make. unless u want to make everything urself, of coz ur recipe has to be good enough for ppl to buy. then u need to do some proper research on perfecting ur recipe. skills are just whatever u know put into practice over and over again until u are used to and good at it, isn't it? we all don't learn to walk/swim/cycle/etc when we're born. don't forget: all those are skills too. read properly before u answer and fan trigger-happy flamers. |
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