I believe there is a limit to what you sell and how much you can sell. There are only so many tables in the food court, not everyone eat yours. Considering 10-20% customer comes to the food court to eat your food is a healthy estimate figure.

Example:

Food court:
50 tables x 4 round per day (Morning, Lunch, Dinner and Supper) = 200 tables. (Do not include those tea time.)

200 tables x 3 person per table = 600 people. (Most people comes in 2 - 4) If your food court is near uni/college, you can put 4 people.

600 x 10% = 60 person.

60 person x RM 4 (average food) = RM 240.

RM 240 x 30 days = RM 7.2k

This serves as a guideline for you to estimate your sales figure. Please change the number to suit your needs.

I estimate based on food court. Do not include those which park their lorry beside the restaurant or others.

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.

All 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.

As I've replied in the previous thread.

Example:

Food court:
50 tables x 4 round per day (Morning, Lunch, Dinner and Supper) = 200 tables. (Do not include those tea time.)

200 tables x 3 person per table = 600 people. (Most people comes in 2 - 4) If your food court is near uni/college, you can put 4 people.

600 x 10% = 60 person.

60 person x RM 4 (average food) = RM 240.

RM 240 x 30 days = RM 7.2k

Expenses that you need to deduct:
1) Rental
2) Workers and your wages
3) Everyday / monthly ingredient expenses (Vegetable, Meat, Spices, Gas, etc)


From here you can access your income based on the estimation you have made.
1) You can access whether your food is sellable in the morning, lunch, dinner or supper. Some food are sellable when it is morning time (Rarely someone eats steak during morning time, yes?). Some is only for dinner and supper. Some is suitable for whole day(Char kuey teow, bak kut teh etc).

2) You can access whether the place you decide to rent has enough traffic flow. What kind of customer it has? Office workers? Students? Mixed? Nearby residential families?
If it targets office workers, then you need to prepare the food that is for morning and afternoon (e.g. economic rice). Max your income based on this two session.

3) You can access your food price. Adjust to the price that will cover your expenses and overhead and of course with profit. And most importantly, customer feels comfortable when paying for your food.

Your uncle is rich, but whether he get rich as you claimed he was through hawker is still a question mark. Maybe he invest in property, stock etc to get rich? As I've said in my earlier post, don't misguide TS by saying doing hawker can have "3 properties; the most expensive is 700k ... got 4 cars .... ". No offence.

You are right about the 2nd part. Yes, hawker business is cash term business. Which is why it is a good business as long as you are there to do it.

True. But most hawker only work hard but not smart enough. Purely depending on hawker biz is not the answer. How many can strike rich due to its good food? Most hawkers just have an average income. Some are smart enough to invest in property, stock, funds n etc.

True enough.

Some people just hold on too long without knowing they have wasted their time, and when they realized it, they think they are too old for anything.

Many successful people nowadays start off with a little/half/more knowledge and experience. These days many business is about speed, planning, stragically carrying out the plans, etc. Those days without knowledge and experience and yet be successful in business is our grandpa days, and those days are getting lesser.

Seriously, it all narrows down to the person him/herself for being what they want to be, and go where they want to go, or just stay inside their comfort zone.

It is easy. Just go to your local council and ask them how to register hawker license. They will give you a checklist or guideline on how to apply it.

Right. Average hawkers is around 1k-3k. Some even below 1k.

1) Avearge means those with average traffic flow. Normal food at normal stall. Earning 8k nett, is really a good profit (earn even more than average office employee). RM 5-6k is consider as a good income for those hawkers settle at good traffic flow of customer. The one you saw by driving Japanese cars are just some examples? People tend to listen more on success stories rather than not sucess stories. People are rather excited by listening to someone telling them that A hawker earns 10k and drive Benz. But have they heard of people telling them that, B hawker earn peanuts per month, drive lousy van, stay at a wooden kampung house? That why we always see those hawkers are rich because we always refer to those hawkers that are RICH!

2) Yes, I believe those hawkers at SS15 (Asian food court, was this the name? Nearby the Taylors college) will be able to make around that figure.

3) Normal kopitiam with normal traffic flow, will not earn RM 6-7k nett per month, I only believe in gross profit. However, if the kopitiam has good traffic flow, morning till night time has 80% full house, then I shall believe RM 6-7k is possible.

It is easy to estimate the the profit of hawkers, as they make buy products to make into another products to sell. There is always the expenses and profit there for us to monitor.

Should be good. List down what to learn from A to Z. So that people can see whether it is worth the money.