This is an article excerpt from the The Star website. The article talks about a “koperasi” that sells it food at a very reasonable price. I wonder why this business can sell things at such a low price and can still make a profit, whereas others like their competitors cannot and are ‘warning’ them for practicing such business concept? Wonder how far can we tolerate the high price of the basic nessecity of living, food? I guess it is due time for ‘hero’ to appear in the Food & Bevarage industry to open our eyes.
“Fancy a roti canai and a teh tarik for RM1 – right in the heart of the city and in these tough economic times?
That is what you will get over at the Ukhwah Restoran Rakyat 1Malaysia in busy Lorong Medan Tuanku Satu (located next to Prescott Inn).
A piece of roti canai at the outlet costs 40 sen and a glass of teh tarik is priced at 60 sen.
On the teh tarik, he makes a profit of 18 sen by selling it at 60 sen a glass.
To break even, the restaurant needs RM2,000-a-day or RM45,000-a-month in sales to cover the fixed costs of the RM7,000 rental per month for the premises and the salary of the 16 staff members, who are all locals.
“Food is a basic need. I don’t believe one should pay a lot for food. Most restaurants make 200% to 300% profit from selling food,’’ he said.”
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