I know of someone who opened a chicken rice shop in HCMC and closed within months.
My general observation is that 9 out of 10 small foreign-owned businesses fail. The few that succeed will have to bleed for many years and persevere for 5 to 10 yrs.
Long story short. There are easier ways to make money.
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Originally Posted by blacksocks
estimated transfer fee and rental is about sgd10-15k. small shop within can tho city.
recce the airconditioned ones for takeover but business is relatively poor. the non aircon ones seems more popular with a cup of ice ca phe going at around 10-12k.
how much profit, that would depend on sales.
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