People say if you wants to open restaurants, lt must at place that have a lot of people. But did you know, this place has a high rental rate. Great revenue. A lot of people say it is a worthwhile investment. But, is it really worth?
Disclaimer: I do not own this picture. Took from the Internet. For view how it looks.
For example the rental is RM2500/month. I am required to pay a deposit of 2 months deposit + 1 electric/water = RM7500 (Contract 2 + 1). The value is actually high for me to just have a small capital for RM7500 only for shop, not talking about renovation yet, plus electrical, kitchen appliances, cooking materials and capital.
So I decided to get for the cheaper shops at a small area. It is good to have at the middle of the existing budget. Although the location of shops in the area of dense population, it is appropriate to look for experience opening restaurants.