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opening a restro in cebu


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Thelandofku-an

  

 

huhuhuhu a must be drunk???? PATISSIER LOL my apology

 

pris·sy  (prs)

adj. pris·si·er, pris·si·est

Excessively or affectedly prim and proper.

[Perhaps blend of pri(m) and (si)ssy.]

prissi·ly adv.

prissi·ness n.

 

wahahaha!

Edited by Thelandofku-an!
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just what part of NO do you not understand ? 

Take your money to the casino.  More fun and better odds. 

Never gotten my order nearly that fast.  Did you pay extra for 'same day service?'  Don't remember them having music, maybe they turn it up when thtey see you coming?  Hahaahaha  Been a while since I'

samatm

Burger Joint is alive and well. They moved when their lease came due for renewal & they got presented with a hefty increase.

 

Thanks for the info,  but where are they now?

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thebob

My GF has been running a resto for the last 6 years. It is very hard work and profit is very seasonal. If your friend has never run a business before, I suggest that he reads the book "Business Plans for Dummies", as a starting point.

 

If your friend is expecting a resto to be his sole source of income, I suggest that he just work abroad and live off that income. It will be easier.

 

The resto business has difficult hours, you will have constant staff problems and if you do everything by the book and pay all of the required permits and taxes you will earn a pittance.

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you really need t to research in Cebu before taking on a resto biz and many fall, only a few make it from what I have seen.

 

First, the owner or main person involved should be from a chef or resto biz background and must understand the food business.

 

I would consider IT park, there seems to be some higher income going on there to the workers who are hungry at lunch and want to be entertained in the evenings.

 

location is the key as others pointed out.. especially in cebu where people walk very lazily if anyone has noticed (even the poor walk around like it's a big holiday or they are millionaires). Don't make anyone walk to get their food, you need high traffic areas  ;)

Edited by jme
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Davaoeno

i have an idea give me all the money and i will give it back in small payments so it feels like a profit and i will only charge 10% for all my work

 

smokey has been making that same offer for years now and still hasnt been able to snag a live one !!!! 

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Buko Beach

To the OP,

 

If your 'friend' actually wants a shot at turning a profit in the Philippine restaurant biz, tell him to take all the money he would of blown spent on a restaurant and put it all into Jollibee foods corporation stock. If the restaurant is a labor of love and they love to cook and run a small business, then have at it but expect to have overhead twice or three times the money taken in. 

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smokey

To the OP,

 

If your 'friend' actually wants a shot at turning a profit in the Philippine restaurant biz, tell him to take all the money he would of blown spent on a restaurant and put it all into Jollibee foods corporation stock. If the restaurant is a labor of love and they love to cook and run a small business, then have at it but expect to have overhead twice or three times the money taken in. 

and so post 43 just did not seem fair to you 

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miles-high

 

A good greek restaurant???????

 

http://www.cymarestaurants.com/#!__contact

 

Certainly I would not give ☆☆☆☆☆, maybe 3… without ANY good Greek wine and broiled octopus!

 

A Greek owner of a Greek restaurant in Tagaytay just opened another Greek restaurant in MOA (Mall of Asia) so I guess there are many success stories in this business as well... :)



 

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Davaoeno

Failure rate of new restaurants in Canada in first 5 years - over 90%  .  Failure rate in the Phil -   I doubt if it is less than 90%  [ and i do consider a restaurant where you run it yourself and dont even make enuf to pay yourself a decent salary as a failure ! ]

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Buko Beach

and so post 43 just did not seem fair to you 

*spoken in the voice of Consuela the mexican maid from Family Guy*

 

Nooo, no Meester no here. Nooo, noo.   :P

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I won't bother reading the posts..............all I will tell you is, after 20 plus years in the resto buiness  in the US and living there four years.............there's a fool born every day............good luck............ your (your friends) chances of success are about 1 tenth of 1 percent! 

 

When will they learn?...............lol 

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