- May 5, 2006
- 63,036
- 70,460
- AFL Club
- West Coast
As someone said, property costs the big one
rents ridiculous and places are happy to have empty buildings then drop rents.
Restraunt scene in Perth is hugely competitive, just opening a run of the mill place will get you killed. running a good restraunt isnt good enough either.
I work as a sales rep for a liquor wholesaler and some of the stop credit accounts/money owing to us its kind of scary. Had one go into administration which is on the hook for 5 grand. and im expecting another 2/3 which will be about that much as well go down soon
Example in north perth, anything on fitzgerald street your looking at about 40k Per year. so abut 3400 per week, PLUS other expenses, Tough game
That's more useful information. $40k is about $770 a week (3400 a month), so if you are open every night that's $110 a night.
Not really a huge cost in the context of a $30 mains restaurant but for smaller places like cafes where each customer usually only spends $5-10 it would sting.