1 Staff at 1.2k per month, after cpf, 1.4k. (considering you
work for free)
1.4k x 12 = 16.8k
Rent in a place (non-prime land) = 3k monthly
Rent in a place (prime land) = 10k monthly
Taking that you go for non-prime land... 3 x 12 = 36k.
Basically 53k gone.
Renovation 20k.
Ingredients, furniture, utensils, kitchenware, electrical
appliances, loose charge, POS system. 10k
Minimum start up cost is near to 80k.
Please remember that this must be in cash, not assets nor
properties. Bank loans will further make it hard to make ends
meet.