A million dollars cash!
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I would invest it in a proven franchise model like Ya Kun or Macdonalds
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LarryG67:
I would invest it in a proven franchise model like Ya Kun or Macdonalds
Ah, the franchise fee for macdonald and ya kun is more than a million. Franchise is one thing, staffing and rent is another thing. The ya kun rental at hdb hub is about $40,000/mth FYI. Rental is killing a lot of SME. -
LarryG67:
I would invest it in a proven franchise model like Ya Kun or Macdonalds
Ah, the franchise fee for macdonald and ya kun is more than a million. Franchise is one thing, staffing and rent is another thing. The ya kun rental at hdb hub is about $40,000/mth FYI. Rental is killing a lot of SME. -
Invest in property…
So far haven’t heard of anyone make lost in properties. Any? -
hophlng:
i think so long there is flow, the biz should be ok.... a small old chang kee shop 1 day revenue can be 2-3k on weekdays, weekends even higher......LarryG67:
I would invest it in a proven franchise model like Ya Kun or Macdonalds
Ah, the franchise fee for macdonald and ya kun is more than a million. Franchise is one thing, staffing and rent is another thing. The ya kun rental at hdb hub is about $40,000/mth FYI. Rental is killing a lot of SME. -
KSP:
i think so long there is flow, the biz should be ok.... an old chang kee 1 day revenue could 2-3k on weekdays, weekends even higher......[/quote]Maybe if have 2-3 million dollars can consider franchise.. 1 million too tight.. Probably tight on cash flow..hophlng:
[quote=\"LarryG67\"]I would invest it in a proven franchise model like Ya Kun or Macdonalds
Ah, the franchise fee for macdonald and ya kun is more than a million. Franchise is one thing, staffing and rent is another thing. The ya kun rental at hdb hub is about $40,000/mth FYI. Rental is killing a lot of SME. -
bzb:
coz the trend is still uphill.......Invest in property...
So far haven't heard of anyone make lost in properties. Any? -
TheAnswer:
i think if one has 2-3M would buy 2-3 condos can collect rental for a living..... market rate for 1M condo is about 5k..... if can own 2-3 then about ~10-15k monthly income can live comfortably in SG.....
Maybe if have 2-3 million dollars can consider franchise.. 1 million too tight.. Probably tight on cash flow..
whereas running a biz needs time, effort and commitment.... -
KSP:
If cannot find people to rent how? Not that easy to find people to rent these days isn't it?
i think if one has 2-3M would buy 2-3 condos can collect rental for a living..... market rate for 1M condo is about 5k..... if can own 2-3 then about ~10-15k monthly income can live comfortably in SG.....TheAnswer:
Maybe if have 2-3 million dollars can consider franchise.. 1 million too tight.. Probably tight on cash flow..
whereas running a biz needs time, effort and commitment....
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