Food & Bev (F&B) - Seedly
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Food & Bev (F&B)

From Dine-in Deals to Supermarket Steals

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Share your lunch ideas below $5?
Skip the drinks:) i find that it helps cut costs significantly for me Your body will thank you for less intake of sugary drinks too

6

What are some gaps in Singapore's plant-based/vegan market?
I think is a very niche market in singapore. Most of singaporean are carnivore and people tend to love unhealthy food, salts & MSG taste so good, although we know is bad for us, that why so many fast food around singapore and always crowded. Prehaps something new, may be how to make vegan into similar to fast food chain? Similar to subway? but i dont like the way of ordering to complex. Taste good, affordable (less than $10 can get a set meal). Different type of vegan burger that dont taste like vegetable. As a carnivore myself, i will try it out and make it as an alternative like mcd, kfc, texas etc. If it taste good.

0

Is Foodpanda Pro beta worth it?
Hi Gordon, they are also having a 1-for-1 dine-in deals that is "COMING SOON". That is probably also one way to break even/get back more than $14.99. ! Whether it's worth it or not, I would believe it also depend on how much you usually spend per order. Like you mentioned, some restaurants already offer free delivery but that's with min. spend of around $25 normally (at least from the restaurants around my area, east side). If you're someone who usually spend around $15 per order (2 pax) then the plan would be worth it for the free delivery as the min. spend is $15 instead of $25. Let's take an average of $1.50/2 delivery fee per order, it would take about 7/8 orders to break even. Considering that it also gives up to 20% off on restaurants, it might be faster to break even and also taking into account if you order from pandamart. Hope this helps :)
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0

Eat Just to sell lab-grown meat in Singapore, would you pay more or be willing to buy lab-grown meat?
Why pay more for lab-grown meat instead of a regular meat? There is no shortage of food in Sg. In fact, singaporean waste ton of food every year. Too much food, too much choice.

1

Why do Western / Japanese / Korean food seem to always cost more than Chinese / Malay / Indian food at hawker centres and food court?
I think more of the market rate. The meat they use are all the same for hawker centre. But i think indian food is the most expensive. Same price as chinese but the portion is like feeding ants.

1

How much capital required for food vending machine?
N

Nathaniel

Level 6. Master

Updated on 09 Sep 2020

Total start-up capital for 1 year of operations, for 1 unit: $20,000 Here's a concise breakdown of startup costs: 1. Food Vending Machine: Starts from $8,000/unit to buy. $500/month to rent To buy or rent a food vending machine, you can look at food vending machine providers in Singapore like Bicom Asia and AIC Systems. When you buy from a provider, they will also have servicemen to perform regular maintenance on your unit. Alibaba also has a wide selection of models with prices. This particular hot food vending machine is USD 5500 (SGD 7,700): https://www.alibaba.com/product-detail/Microwave-heat-function-vending-machine-for60453540906.html?spm=a2700.7724857.normalList.132.e3c92977c2Ynlb 2. Food Inventory + Food Packaging: $500-$1000/month Food costs vary depending on the type and quantity of food sold. You can either make the food yourself (cheaper), or outsource preparations to a centralised kitchen (costlier). 3. Electricity: $50/month This is a starting price for newer, energy efficient machines. Make sure you check the energy consumption of the machine. Less efficient models can consume twice as much energy (and so cost twice as much to power) as more efficient models. 4. Maintenance: $100/month Food vending machines will require more upkeep than drinks machines or snack dispensers. 5. Location Rental: $200-500/month Varies depending on: district, outdoor/indoor, natural proximity to crowds (e.g. HDB, offices, schools, malls). 6. Commercial Insurance: $50/month You'll need to protect your machines against burglary, vandalism, fire, and other risks. If you're selling package food, you'll also want to protect yourself from liability, e.g. if customers become sick after eating your food. Click here to get business insurance quotes online. 7. Food Vending License: $195/year You'll need a food vending license from the Singapore Food Agency before you can begin operations. Apply here: https://www.sfa.gov.sg/food-retail/licensing-permits/food-vending-machine

1

Intermittent Fasting Changed the Way I Spend My Money

The Financial Perks that Come from an Intermittent Fasting Habit

Junus Eu

Junus Eu

Level 9. God of Wisdom

Updated on 21 Nov 2020

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