(Promo Code for 75% off: GET75OFF). With full access to free market reports.
Learn more about the Coffee Shop Location Analysis event.
Starting a coffee shop?: Free Cafe Setup cost Calculator
Failure rate of coffee shops in Singapore, what is your estimate? 7 out of 10?
The fact is, 9 out of 10 coffee shop business in Singapore failed. By coffee shops, we meant most F&B outlets.
And we are not talking about those no brand, no resources small medium enterprises in Singapore.
We are talking about strong names like Arinco King, the very well known Swiss Roll company.
And we are also not talking about areas that are not frequented by people, low traffic area. Shops are opening and closing in places like Orchard Road the highest human traffic concentration in Singapore!
If you are thinking if it has anything to do with the length of time, perhaps it was a bad timing and so on.
The study that was not done by us but by the Singapore Press Holdings highlighted that 9 out of 10 coffee shop business closed with a year in 2010.
Most of you would know that 2010 is one of the best year for Singapore, with record high GDP growth, and the spending power of consumers are at an all time high -so what happened?
Are you aware of this? If this is the first time you are reading this, what can you do about it to mitigate this situation.
Other than failure rate of coffee shops in singapore learn about what other questions you should really know.
Also read about how to mitigate this situation, at our coffee shop business section.
Featured coffee brewing method: How to prepare V60 Coffee?
Previously: Making Coffee with a Coffee Sock.
Feb 15, 23 10:33 PM
Feb 12, 23 10:25 PM
Feb 02, 23 08:27 PM
Do check out other cool boards such as the one all on how to make coffee and drip coffee.
Sustainability Practices in Food Service
3 Free Restaurant Marketing Ideas
Singapore Cafes Reviews -Can they be Trusted?
Location, location, location might be a myth!
Walmart and Walter -The Power of Social Media!
Importance of value pricing for Cafes In Singapore
Why Nescafe is still the Largest Roaster in the World?
Everyone likes Starbucks -here's why
Is your Cafe location an asset or a liability?
Location myopia: why good anchor tenant might not be good?
Measuring the Location attractiveness index.
Social Media Crisis Management for Cafes in Singapore
Why I stopped Selling Social Media?
Key in code before check out: WCMFIRST10OFF
Free Coffee Workshop Singapore
Enjoy Free Coffee in Singapore!
Choosing: Office Coffee Machine
Free: Augmented Reality in Singapore
Learn more about ESPRO UltraLight in Singapore
The best filter Coffee Machine in Singapore
SkillsFuture Series: F&B Market outlook