Monday, July 16, 2012

Small Capital : Big Dividends...Let me walk you through in the FoodCart Business

It started with just a walk in the mall. I was looking for something light that could satisfy my little hunger just before me and my wife could have lunch. I saw people lining up for this one small food stall that offers Hongkong Style Noodles. It got me curious so i joined the long line of students waiting for their turn to be served. It wasn't a long wait though. Finally, i had my first taste of the hongkong noodles. It was good considering the price. I stayed for a while observed the other customers while they feast on their noodles :) Others would have their round 2 and some will even have a third. 

This tickled my interest so i grabbed my tablet and started to find out more of the business. Before i knew it, me and my wife were already acquiring a franchise. While the franchise was in process, we already scouted for a place where we can put our cart. Funny because we did secure the franchise without a definite location yet. I just told the franchisor that we are still negotiating with a school (not true actually during that time). But that gave me an idea. I did write a letter to the School Principal of the school where our only child was studying and with God's grace, the same was approved. And here we are now, enjoying the fruits of our foodcart business.

On the average, we sell a hundred cups per day at 20pesos each for the plain, 25pesos with 1pc siomai and 30pesos with the 2pcs siomai.

I have here some practical tips:

  • Search for the best supplier of products ex. dried noodles, pre-mixed  sauces, siomai, paper bowls, fork
  • 5 kilos of dried noodles is usually priced at 500pesos, siomai - 2.5cents per piece, paper bowls - 1.9cents per piece, teriyaki/oyster/peanut sauce - 230pesos per 1 kilo
  • Blanched the noodles in advance. Do not overcook. 5 minutes blanching is well and good
  • You should have a plastic canister for the advance noodle preparation
  • Prepare the sauce in advance. Do the right ratio when mixing. The heart of the business is on how good the sauces are.
  • Steam the siomai for not more than 15 minutes when frozen.
  • Serve hot!
Do all these and i'm sure, your business will be profitable just like ours!

Should you want to know more, i will be more than glad to be of help. Just give me a call, 09228547002.

Jojo
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