LRT Food Cart Spaces Rent - worth it?

[archielew]

I recently bought food cart franchises and got an offer from LRT 2 to lease a space from them. The rent is 35k plus taxes. Asking opinion if it's worth it? Foot traffic wise, no questions asked. But does foot traffic automatically convert to higher sales? Thanks

[ViosGen1.5Guy]

I recently bought food cart franchises and got an offer from LRT 2 to lease a space from them. The rent is 35k plus taxes. Asking opinion if it's worth it? Foot traffic wise, no questions asked. But does foot traffic automatically convert to higher sales? Thanks

Hi! It depends on what you are selling...

If you look at the profile of those who take the trains, lagi nag-mamadali, parang may hinahabol. If you got a food franchise, kailangan yung ibebenta mo is madaling i-serve. Kaya okay yung siomai dyan eh. Yung ibang kailangan lutuin baka maging alanganin ka lang.

[lowslowbenz]

Or food that is packed and ready to go.

Sandwich + juice in a tetra pack + candy and a pack of tissues, etc. all packed in a paper bag or something sturdy.

Priced accordingly.

You can vary your sandwich types, tuna, chicken, meats, etc.

Priced accordingly as well.

On the side, pwede ka mag tinda ng phone load.

May idea ka na ........

[_Qwerty_]

If your product is good and affordable.. it will sell.

[archielew]

Thanks everyone for your responses. I forgot to mention, the products will be siomai and fried noodles. Both are on the go, either as baon or pasalubong. I guess it's worth the rent then...

[ViosGen1.5Guy]

Thanks everyone for your responses. I forgot to mention, the products will be siomai and fried noodles. Both are on the go, either as baon or pasalubong. I guess it's worth the rent then...

What's your profit margin? What's your breakeven sales per day or how many daily customers is your target?

[dr. d]

Thanks everyone for your responses. I forgot to mention, the products will be siomai and fried noodles. Both are on the go, either as baon or pasalubong. I guess it's worth the rent then...

i was told by my street consumer-colleague.
there are two "popular" brands of siomai. one consistently gets sold out, the other does not.
i wonder, which is yours?

[_Qwerty_]

kaya bang kitain yung 35T a month? magbabayad ka pa nang tatao.. ilang siomai ang kailangan ibenta para mag break even? para magka profit?

[archielew]

dr. d - pwede ikaw tanungin ko? alin yung always sold out?

to break even, the store would have to sell at least 70 orders a day. I'm looking positively at hitting 200 orders/day which I think is feasible due to the high foot traffic.

[greenlyt]

of the total number or estimate foot traffic there is a certain percentage to compute for potential buyer
then a certain percentage of that potential buyer will actually buy

sorry forgot that actual number/percentage