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I live around there
I also refuse to step in to walk- walk
because it is so warm, stuffy and unbearable
Sack half the Mayors & PAP Ministers
>
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All out to make money by fleecing consumers. Good thing consumers wise up and hawkers learn a painful lessons. However Organizer still laughing all the way to the bank.
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Don't believe. Else no one will bid so high. Evading tax?
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Say average price per item is 5 bucks and they sell 300 each night, that's 1.5k and for a month would be a revenue of 45k, half it is 22.5k which covers the rental and cogs etc. If each stalk there's 3 people, means each take home 7k for a month's work. Seems reasonable and decent. Of course, if the rental was 8k, then another 10k profit so each person takes 10k for that one month's biz.
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(09-04-2023, 10:36 PM)Sticw Wrote: Say average price per item is 5 bucks and they sell 300 each night, that's 1.5k and for a month would be a revenue of 45k, half it is 22.5k which covers the rental and cogs etc. If each stalk there's 3 people, means each take home 7k for a month's work. Seems reasonable and decent. Of course, if the rental was 8k, then another 10k profit so each person takes 10k for that one month's biz.
Your calculations is too simplistic there is also the cost of buying the ingredients...............