Only NT$2.25 million…
[quote]Three Story Building-
Rent: us$545 (nt$18,000)
Elec-water: us$212 (nt$7,000)
F/T Cook: us$757 (nt$25,000)
F/T Waitress: us$606 (nt$20,000)
F/T Bartender: $757 (nt25,000)
Monthly Operating Cost: NTD$95,000 (US$2,877)
Monthly Gross: NT$300,000 - NT$500,000[/quote][/quote]
Yeah, good point since I (for one anyway ) just saw it.
That said, you left out something(s) rather important. One, what’s the cost of goods sold, or better, the avg. monthly gross margin %?
We get that, we can get to EBITDA. And since in Taiwan we may be able to dodge T while claiming I, D, & A, you know, it gets better maybe.
Two, does the ‘operating costs’ figure include kickbacks/protection money?
EDIT: Just saw your link, which indicates the bar has sold or, ‘who cares?’ Anyway, I wonder who bought it? I guess Kaohsiung-ites will know soon…