Howdy, Stranger!
It looks like you're new here. If you want to get involved, click one of these buttons!
Categories
Top Posters
- Arkady 5356
- miss annie 5139
- andy 4506
- Ali 3397
- krappyrubsnif 3205
- tosscat 2291
- David 2179
- ADGS 1875
- kreuzkav 1732
- Mirandola 1618
New business opportunity.
http://www.franchising.quickcrepes.com/
it is 'a recipe for your success'
it is 'a recipe for your success'
Comments
74% gross margin
bakery take away is growing at 3.2% per year
average per capita spend on takeaway food is £126
A fixed kiosk cost £65,000
A mobile kiosk costs £42,000
Franchise fee is £13,000 (included in figures above)
A crepe costs £2.50
Say you sell 40 crepes a day, except on saturday and friday, when you sell 60.
That's 320 crepes a week.
Crepes account for 60% of your turnover.
Your takings are £1300 per week.
74% gross margin leaves you with £986 after cost of crepes.
From this you have to pay rent, franchise fees and salaries.
One person all in will cost 450 per week (salary, insurance etc)
You're probably left with £100 odd quid a week.
Let's buy one.
But there aren't many high yield, low capital opportunities out there.
Even loan-sharking isn't the moneymaker it was.
There's basically drug-dealing and even the returns there are based around an inordinately high alpha.