Top 5 Most Profitable Food Business Ideas For 2019 | Small Business Ideas

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  • Опубликовано: 7 янв 2025

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  • @WilsonKLee
    @WilsonKLee  5 лет назад +19

    💎 [FREE COURSE] Learn how to start an online food business - swiy.co/start-FPF-program
    🚀 [FREE COURSE] Learn how to start a restaurant/brick&mortar business - swiy.co/Start-PRO-Academy

  • @quickclips9645
    @quickclips9645 4 года назад +44

    First step in business:Listen and take note's.
    🙏🙏

    • @WilsonKLee
      @WilsonKLee  4 года назад +6

      Then take action! best of luck and stay safe out there!

  • @williameddy8856
    @williameddy8856 5 лет назад +18

    I like that you focused on CoGS. This was more informative than I thought it would be. Great research, good video.

    • @WilsonKLee
      @WilsonKLee  5 лет назад

      thanks for the kind words! what other vids would you like to see?

    • @peterolaga22
      @peterolaga22 2 года назад

      Hello, do you want to earn a consistent income by trading binary? Am a full time beirut binary trader, I do manage account for individuals and generate daily profit, I can help manage your live trading account to make a formidable profit. Please let me know if you are interested. Thank you my friend 💯

  • @hectorman8709
    @hectorman8709 4 года назад +14

    I have an idea :
    it's a new type of restaurants : eating-spots,
    in an eating-spot, food keeps changing, chefs also rotate,
    thanks to this rotation of food and chefs, eating-spots are way more powerful than restaurants,
    along with that, there is a mobile app,
    people vote for the food that will be cooked in the next days,
    menu is influenced by the live input of the people via a mobile app

    • @WilsonKLee
      @WilsonKLee  4 года назад +1

      thats innovative! not sure if its feasible though.

    • @Chevelle405
      @Chevelle405 4 года назад

      My idea would be to have a regular standard menu but with a monthly planner where customers can sign or choose which specialty item to be made for each next month maybe ? 3
      choice items and mosted item would be chosen to be the specialty item only available for that corresponding month until the upcoming month after :)

  • @mv9594
    @mv9594 2 года назад +1

    The music was louder than your voice and not sure why you needed it when your content was interesting already? Thanks for taking you time posting this and interesting to know 😁

  • @rcktrntheasianguy4169
    @rcktrntheasianguy4169 5 лет назад +14

    i really like the way you talk about the topic. Calm voice and thorough idea are the best combo 🤓

    • @WilsonKLee
      @WilsonKLee  5 лет назад +1

      thank youuu! :)

    • @peterolaga22
      @peterolaga22 2 года назад

      Hello, do you want to earn a consistent income by trading binary? Am a full time beirut binary trader, I do manage account for individuals and generate daily profit, I can help manage your live trading account to make a formidable profit. Please let me know if you are interested. Thank you my friend 💯

  • @deegegaming7911
    @deegegaming7911 3 года назад +6

    Wait, someone on RUclips giving actually useful content for free!? 😵
    Thanks for this

    • @WilsonKLee
      @WilsonKLee  3 года назад +1

      Hahaha thanks for the kind words! Just sharing my experience, thoughts, and the interesting updates I find on the net. Basically a channel on things I wish I had available when I started years ago. If you're interested, I made an updated 2021 version of this video. You can find it on my recent videos!

  • @tashaykef796
    @tashaykef796 4 года назад +26

    🤔I Wish you would lower or completely loose the background music so I can hear you better. It is just me wanted to give you undivided attention 😊 take it easy! Thank you! We love your vedios very informative!

    • @WilsonKLee
      @WilsonKLee  4 года назад +7

      Thanks for the tip! new vids don't have music. :)

    • @peterolaga22
      @peterolaga22 2 года назад

      Hello, do you want to earn a consistent income by trading binary? Am a full time beirut binary trader, I do manage account for individuals and generate daily profit, I can help manage your live trading account to make a formidable profit. Please let me know if you are interested. Thank you my friend 💯

    • @benbug
      @benbug Год назад

      U can use AI to remove de music

  • @tacohousepattaya3456
    @tacohousepattaya3456 3 года назад +5

    Great video. Finally somebody approaching F&B from a business perspective, managing costs, understanding margins, volume, etc. The Bubble Tea one was new to me, but we knew the others fairly well. Pizza is so heavily saturated these days, hard to compete where we live.

    • @Zo-hc2fn
      @Zo-hc2fn Год назад

      I am thinking about a new type of restaurants: eating-spots
      in eating-spots, food keeps changing, chefs also rotate
      this is opposed to current restaurants,
      thanks to this rotation of food and chefs, eating-spots are more powerful than restaurants,
      along with that, there is an app,
      people vote for the food that will be cooked in the next days
      menu is influenced by the live input of the people via an app

  • @goldjuli6703
    @goldjuli6703 5 лет назад +9

    First timer!
    Love your simplified way of presenting in a calm,confident fun WAY! Subcribed at once!!
    Look forward to hearing more interesting topics.
    Thank you so much!!!

    • @WilsonKLee
      @WilsonKLee  5 лет назад +1

      Thanks for the support! :) let me know if there are any specific topics you'd like me to cover! 😀

  • @DavidScottPeters
    @DavidScottPeters 4 года назад +3

    Since the pandemic, I'd say it's the pizza shops that are the only segment of the industry that hasn't been hit and is actually benefitting from the shift. They already had delivery and takeout is common with pizza. They didn't have to pivot too much. When I work with restaurant owners, I teach them how to use systems to carve out a 15-20% profit margin. It takes discipline to follow the systems and make sure the systems are followed by management. This helps tremendously when terrible economic conditions and crises occur.

    • @WilsonKLee
      @WilsonKLee  4 года назад

      spot on david!

    • @peterolaga22
      @peterolaga22 2 года назад

      Hello, do you want to earn a consistent income by trading binary? Am a full time beirut binary trader, I do manage account for individuals and generate daily profit, I can help manage your live trading account to make a formidable profit. Please let me know if you are interested. Thank you my friend 💯

    • @Zo-hc2fn
      @Zo-hc2fn Год назад

      I am thinking about a new type of restaurants: eating-spots
      in eating-spots, food keeps changing, chefs also rotate
      this is opposed to current restaurants,
      thanks to this rotation of food and chefs, eating-spots are more powerful than restaurants,
      along with that, there is an app,
      people vote for the food that will be cooked in the next days
      menu is influenced by the live input of the people via an app

  • @kenosabi
    @kenosabi 4 года назад +7

    Stumbled on this just made the commitment yesterday to start my business. Ive been in the industry all my life but Covid has made me look at things a bit differently. Thank you for the guidance. Solid channel you have here.

    • @WilsonKLee
      @WilsonKLee  4 года назад

      Fantastic! our free masterclass coming up on november! make sure to sign up!

    • @supersilentkiller456
      @supersilentkiller456 4 года назад +1

      same here..i escaped the corporate life a year ago. been planning to start my own food business.. i was thinking of a burger joint but this video made me rethink what to do..thanks!

    • @peterolaga22
      @peterolaga22 2 года назад

      Hello, do you want to earn a consistent income by trading binary? Am a full time beirut binary trader, I do manage account for individuals and generate daily profit, I can help manage your live trading account to make a formidable profit. Please let me know if you are interested. Thank you my friend 💯

    • @Zo-hc2fn
      @Zo-hc2fn Год назад

      I am thinking about a new type of restaurants: eating-spots
      in eating-spots, food keeps changing, chefs also rotate
      this is opposed to current restaurants,
      thanks to this rotation of food and chefs, eating-spots are more powerful than restaurants,
      along with that, there is an app,
      people vote for the food that will be cooked in the next days,
      menu is influenced by the live input of the people via an app

  • @Kikester
    @Kikester 2 года назад

    I’m definitely slowly starting out a business plan to sell wood fired pizza straight from home. Raise enough capital in the meantime to open up a physical location which has a decent amount of tables for dine in.

    • @balex556
      @balex556 Год назад

      Hello I just want to know have you started yet

    • @Zo-hc2fn
      @Zo-hc2fn Год назад

      I am thinking about a new type of restaurants: eating-spots
      in eating-spots, food keeps changing, chefs also rotate.
      this is opposed to current restaurants,
      thanks to this rotation of food and chefs, eating-spots are more powerful than restaurants,
      along with that, there is an app,
      people vote for the food that will be cooked in the next days
      menu is influenced by the live input of the people via an app

    • @balex556
      @balex556 Год назад

      @@Zo-hc2fn well one of the most effective ways to engage,and boost your sales is creating website and an app to brand your business and am an expert I can help you with this services and I can help you up with the Idea you have, I can help provide an app like that

  • @theodoroskalopedis
    @theodoroskalopedis 3 года назад +1

    What does the owl have to do with anything?? 😂😂😂

  • @chiefkeef8902
    @chiefkeef8902 3 года назад +2

    Never stop making videos bro! Thank you

  • @LyStories
    @LyStories 4 года назад +4

    luckily i watched this video or your channel in generall before I open my own business in Germany. Hope to see you somehow in the future. Cheerrrrrsssss!!! 🎉🎉🎉

    • @WilsonKLee
      @WilsonKLee  4 года назад

      Glad this was helpful Athena!

    • @Zo-hc2fn
      @Zo-hc2fn 4 года назад

      do you like this idea :
      it's a new type of restaurants : eating-spots,
      in an eating-spot, food keeps changing, chefs also rotate,
      thanks to this rotation of food and chefs, eating-spots are way more powerful than restaurants,
      along with that, there is an app,
      people vote for the food that will be cooked in the next days,
      menu is influenced by the live input of the customers via an app,
      I also made this infographic to give more details : ibb.co/DVrFvtn

  • @jimlieanlancita7847
    @jimlieanlancita7847 4 года назад +2

    This is my first video I watched about food businesses, I need to have ideas because I'm a second year food technology student. So thank you

    • @gabe1431
      @gabe1431 4 года назад +1

      Kian Salcedo yea you would need to know a shit ton of things to open a business and to keep it.

    • @jimlieanlancita7847
      @jimlieanlancita7847 4 года назад

      @@gabe1431 I had handle a small business but large space I sell shoes and slippers when I take gap year and what I learn it is what you say, business has allot challenges everyday.

    • @gabe1431
      @gabe1431 4 года назад +1

      Kian Salcedo that’s good man! How’s it going for you ?

    • @jimlieanlancita7847
      @jimlieanlancita7847 4 года назад

      @@gabe1431 I gave it back to my mom because I want to focus on my study now, because I want to be part of business, I mean hoping going abroad and apply the business. How about you?

    • @gabe1431
      @gabe1431 4 года назад +1

      Kian Salcedo oh ok currently I do t own a business yet. I’m getting into business management so hopefully open a store when I finish college

  • @imanigaston6049
    @imanigaston6049 5 лет назад +15

    Love these videos keep them coming !!! My brain is growing every day !! 🎉🎉

    • @WilsonKLee
      @WilsonKLee  5 лет назад

      Thanks! :)

    • @ganeshgoudapatil6412
      @ganeshgoudapatil6412 5 лет назад

      Ur brain is still growing?? Better consult an doctor....or else u will end up alien👽 , carrying ton brain

    • @imanigaston6049
      @imanigaston6049 5 лет назад

      Ganeshgouda Patil I didn't mean it literally 🙄🙄🙄🙄🙄

  • @bkkthaiuk4684
    @bkkthaiuk4684 4 года назад +3

    Please mention about the lease, what about the business is not doing well, how to cancel the lease, this would be useful for new learners/students. thank you.

    • @WilsonKLee
      @WilsonKLee  4 года назад +1

      Thanks for the suggestion! Actually filmed one recently about business lease and what to look for in lease agreements. Sadly didn't cover the scenario when the business isn't doing well or cancellations. Maybe a good follow up video with those topics!

    • @bkkthaiuk4684
      @bkkthaiuk4684 4 года назад

      @@WilsonKLee Thank you very much. This is my very first time to received a reply via utube. I now know next time where to look : )

  • @johnsettle2542
    @johnsettle2542 5 лет назад +20

    Im 14 and own a ice cream truck in Montana and know you inspired me to to sell bubble tea. But I don’t know as the same business or different. I would love to hear your feedback on if I should sell it on my truck or a separate business!

    • @WilsonKLee
      @WilsonKLee  5 лет назад +4

      wow! props to you for joining the club so young! selling BBt isn't necessary the same business as selling ice cream, but is a great add on. you will need to educate your customers and let them know you have this as well. aim to have your BBt line's revenue exceed your IC revenue. This way, you are more diverse and can even start doing catering and such. hope this helps!

    • @johnsettle2542
      @johnsettle2542 5 лет назад

      Ok thank you very much!

    • @goldjuli6703
      @goldjuli6703 5 лет назад +1

      Very good work!
      Keep up the focus and commitment to build your future without distraction from PEER group etc.
      God WILL bless & prosper the labour of YOUR HANDS in Jesus mighty name. Amen!

  • @slaveofallah6452
    @slaveofallah6452 4 года назад

    Vending massage chair is very profitable and low entry costs and have the ability to scale over time. The average cost of one vending machine is $1000 to $2500, which means that two would cost you as much as $5000.

  • @omololaezeifeoma3979
    @omololaezeifeoma3979 10 месяцев назад

    Glad I found this, very useful and informative

  • @lucas.ruault
    @lucas.ruault 4 года назад +6

    Lol I watched this video out of pure curiosity, as I’ve been thinking about expanding my business. I currently sell pizza, pasta, ice cream, and bubble tea 😂😂😂
    I’m also in a seasonal, tourism-based location, so honestly this video couldn’t be more spot-on!

  • @aurorka777
    @aurorka777 3 года назад +2

    that was great and very informative! maybe you could make a 2021 version? we could see what changed in those two years

    • @WilsonKLee
      @WilsonKLee  3 года назад +4

      Yes i have a 2021 version on my channel :)

  • @nattygymbro4692
    @nattygymbro4692 4 года назад +5

    what about bars/clubs
    they also have high demand and high turnover from what i learned in my workplace a bottle of beer cost 1 to 3 dollars and we can sell up to 9

    • @dexterrr9163
      @dexterrr9163 4 года назад +1

      incredibly high taxes. it is hard to maintain cuz drunk people always broke things. If u get to hang of it it is crazy profitable

    • @longtran-hg9bf
      @longtran-hg9bf 4 года назад

      I have worked in restaurant industry for 10 years, It's a high profit margin but it's noway near 35% compare to bbtea or ice cream . It show a high ticket sales for sure but the return is nowhere near. In addition, high rent and supply will hold your return profit ( specially during Covid time).
      GOOD LUCK TO ALL OF FOOD INDUSTRY BUSINESS AND WORKERS OUT THERE

    • @Zo-hc2fn
      @Zo-hc2fn 3 года назад

      Have you guys noticed that :
      eating out is very difficult and expensive.
      in an area, typically,
      you might find a pizzeria,
      you might sometimes find a restaurant in which meals are quite expensive,
      and that's it.
      Here you barely have : very few foods, and they are expensive
      You can eat almost nothing,
      Do you guys see ?
      This model is very inefficient
      Eating out is nearly impossible
      Something is definitely missing
      it is : a restaurant where food keeps changing, food changes every day
      Chefs also rotate
      A meal will be cheap
      You get new foods every day. After a period of time : you will have eaten thousands of foods
      Do you see the difference now ?
      This model is way better
      Eating out will finally become possible

    • @nattygymbro4692
      @nattygymbro4692 3 года назад

      @@Zo-hc2fn what are you talking about?? typically meals are cheap in singapore even in food courts u can find 3 dollar chicken rice also in singapore almost every mrt sells 2.20 chicken rice or nasi lemak.
      and now the japanese restaurant takagi ramen even sells cheap rice bowls and is open 24/7 idk about ur country maybe ur Eurasian but in Asian countries we have alot of places that sell affordable food

    • @Zo-hc2fn
      @Zo-hc2fn 3 года назад

      @@nattygymbro4692 I live in Europe, I went to several places during my life and I noticed that eating out is very difficult and expensive,
      like I said, you go to an area and you find very few foods that are expensive

  • @cateringcoachal
    @cateringcoachal 3 года назад +4

    This video is informative because you included the pros & cons and the Cost of Goods Sold (COGS). Thanks for doing excellent research for this valuable content! Kudos to that, Wilson 🙌

    • @peterolaga22
      @peterolaga22 2 года назад

      Hello, do you want to earn a consistent income by trading binary? Am a full time beirut binary trader, I do manage account for individuals and generate daily profit, I can help manage your live trading account to make a formidable profit. Please let me know if you are interested. Thank you my friend 💯

    • @Zo-hc2fn
      @Zo-hc2fn Год назад +2

      I am thinking about a new type of restaurants: eating-spots
      in eating-spots, food keeps changing, chefs also rotate
      this is opposed to current restaurants,
      thanks to this rotation of food and chefs, eating-spots are more powerful than restaurants,
      along with that, there is an app,
      people vote for the food that will be cooked in the next days
      menu is influenced by the live input of the people via an app

    • @cateringcoachal
      @cateringcoachal Год назад

      @@Zo-hc2fn That sounds like a cool concept

    • @Zo-hc2fn
      @Zo-hc2fn Год назад

      @@cateringcoachal thanks, you are free and welcome to use it

  • @SuperDavidBrothers
    @SuperDavidBrothers 5 лет назад +5

    Also you should talk about exotic profitable food business ideas for 2019 (like Mexican food, Greek food, Chinese food, Korean food, French food, etc.).

    • @WilsonKLee
      @WilsonKLee  5 лет назад +1

      that is such an amazing idea! :) you should def tune in my next video...

    • @SuperDavidBrothers
      @SuperDavidBrothers 5 лет назад +2

      @@WilsonKLee thanks man. I just thought of it a few hours ago lol!! 😂🤣🤣😂

    • @peterolaga22
      @peterolaga22 2 года назад

      Hello, do you want to earn a consistent income by trading binary? Am a full time beirut binary trader, I do manage account for individuals and generate daily profit, I can help manage your live trading account to make a formidable profit. Please let me know if you are interested. Thank you my friend 💯

  • @Zo-hc2fn
    @Zo-hc2fn 3 года назад +1

    Have you guys noticed that :
    eating out is very difficult and expensive.
    in an area, typically,
    you might find a pizzeria,
    you might sometimes find a restaurant in which meals are quite expensive,
    and that's it.
    Here you barely have : very few foods, and they are expensive
    You can eat almost nothing,
    Do you guys see ?
    This model is very inefficient
    Eating out is nearly impossible
    Something is definitely missing
    it is : a restaurant where food keeps changing, food changes every day
    Chefs also rotate
    A meal will be cheap
    You get new foods every day. After a period of time : you will have eaten thousands of foods
    Do you see the difference now ?
    This model is way better
    Eating out will finally become possible

  • @slavichwalker9856
    @slavichwalker9856 3 года назад

    Thoughts on "snack" buisness? Something that you make and then put in supermarkets or gas stations i.e. beef jerky

    • @Zo-hc2fn
      @Zo-hc2fn Год назад

      I am thinking about a new type of restaurants: eating-spots
      in eating-spots, food keeps changing, chefs also rotate.
      this is opposed to current restaurants,
      thanks to this rotation of food and chefs, eating-spots are more powerful than restaurants,
      along with that, there is an app,
      people vote for the food that will be cooked in the next days
      menu is influenced by the live input of the people via an app

  • @dannyvo9895
    @dannyvo9895 4 года назад +9

    Great material! Could you do a video on how much the mainstream restaurants and food chains make?

    • @WilsonKLee
      @WilsonKLee  4 года назад +1

      What do you consider as a mainstream restaurant?

    • @bdubz_det
      @bdubz_det 3 года назад

      @@WilsonKLee maybe a few chains like mcdonalds, Ihop, and panera bread.

    • @peterolaga22
      @peterolaga22 2 года назад

      Hello, do you want to earn a consistent income by trading binary? Am a full time beirut binary trader, I do manage account for individuals and generate daily profit, I can help manage your live trading account to make a formidable profit. Please let me know if you are interested. Thank you my friend 💯

    • @Zo-hc2fn
      @Zo-hc2fn Год назад

      I am thinking about a new type of restaurants: eating-spots
      in eating-spots, food keeps changing, chefs also rotate
      this is opposed to current restaurants,
      thanks to this rotation of food and chefs, eating-spots are more powerful than restaurants,
      along with that, there is an app,
      people vote for the food that will be cooked in the next days,
      menu is influenced by the live input of the people via an app

  • @villageflavors7069
    @villageflavors7069 4 года назад +3

    Thanks for your content. Nice one. Just wanted to know if possible "Low cost mass scale meal production and supply ---is it profitable?... The place is not visible, onetime cooking and multiple serving and all the units are a grab n go... major are pre orders. If no, then why? "

    • @WilsonKLee
      @WilsonKLee  4 года назад

      could be profitable due to buying ingredients in bulk and having the economy of scale.

  • @melaniaimperial4947
    @melaniaimperial4947 2 года назад

    Thanks for the info, Wilson.

  • @melvinsomera4787
    @melvinsomera4787 2 года назад

    Thank you very much for the IDEAS
    new sub here

  • @andreijula2112
    @andreijula2112 5 лет назад +3

    This year will be my last year of high school. After that, I plan on opening a small food shop that will sell food packs for students of all ages. Not a restaurant, not a bakery, not a pizza shop, not a cafe. But a small shop that make them all in small quantities and sell them as packs for school meals. Like, for $X.XX u can get a small burger and a coffee, or a sandwich and a pancake. What do you think about it?

    • @WilsonKLee
      @WilsonKLee  5 лет назад +1

      i think its great to start lean so you understand the industry more. also allows you know your customer avatar a lot more. once you have gain some confidence, you can go big. email me if you need any resources. wilson@720sweets.com

    • @peterolaga22
      @peterolaga22 2 года назад

      Hello, do you want to earn a consistent income by trading binary? Am a full time beirut binary trader, I do manage account for individuals and generate daily profit, I can help manage your live trading account to make a formidable profit. Please let me know if you are interested. 💯

  • @ahmadnuw1203
    @ahmadnuw1203 5 лет назад +3

    Hi Wilson... I'd like to thank you and express my admiration for your brilliant and consistent interactions with questions, your prompt responses, and your great feedback. All my respect where I doff my hat.

    • @WilsonKLee
      @WilsonKLee  5 лет назад

      ahhh thanks brother. it does take commitment and a certain amount of character.. :)

  • @mahmutugur5511
    @mahmutugur5511 4 года назад +1

    Very informative video.thanks for sharing

  • @montylenhart
    @montylenhart Год назад

    what do you think about a breakfast place?

  • @ellaemmie6722
    @ellaemmie6722 4 года назад +2

    Please what of corndog and chicken and waffle cone restaurant, it's been in my mind for a while and I just rounded up school...do you think it will work (might introduce bubble tea also but want to start with these two first). Eagerly Awaiting your response...

    • @WilsonKLee
      @WilsonKLee  4 года назад

      sounds delicious! for the right demographic, this will be a killer suite of menu. the trick is to find the right demo and place it there.

  • @BB7Ruby
    @BB7Ruby 4 года назад +4

    I ran a test trial with ice cream and decided to go all in the ice cream business and it seems 40-45% of the price of each item will be profit :)

    • @kevincollins2850
      @kevincollins2850 3 года назад

      45% even after rent, taxes, labor?

    • @mohammadal-sharhani7810
      @mohammadal-sharhani7810 3 года назад

      @@kevincollins2850 cloud kitchen

    • @peterolaga22
      @peterolaga22 2 года назад

      Hello, do you want to earn a consistent income by trading binary? Am a full time beirut binary trader, I do manage account for individuals and generate daily profit, I can help manage your live trading account to make a formidable profit. Please let me know if you are interested. 💯

    • @Zo-hc2fn
      @Zo-hc2fn Год назад

      I am thinking about a new type of restaurants: eating-spots
      in eating-spots, food keeps changing, chefs also rotate
      this is opposed to current restaurants,
      thanks to this rotation of food and chefs, eating-spots are more powerful than restaurants,
      along with that, there is an app,
      people vote for the food that will be cooked in the next days
      menu is influenced by the live input of the people via an app

  • @sebastianskopek
    @sebastianskopek 5 лет назад +3

    what do you guys think about opening a small burrito bar as my first investment? friends love my burritos, I've found a nice, cheap place to rent (its near a gym, and Im targeting fitness people, because its healthy food, with rice, vegetables etc - alot of protein and vitamins). Waiting for your opinions 🤔.

    • @WilsonKLee
      @WilsonKLee  5 лет назад +2

      as long as burrito is a staple food item in your area, i think its not bad. you should survey the gym people and see whether they are actually looking for burritos after a gym session. my assumption is that they will want to head home or they meal prep. know your audience's needs and give them what they need/want in their current state of mind.

    • @sebastianskopek
      @sebastianskopek 5 лет назад +1

      @@WilsonKLee thank you for your wise advice!

  • @gabo1622
    @gabo1622 4 года назад +3

    Love you content Wilson so inspiring! Keep up man:) running Sushi i Norway (Mr. Fish) myself
    2.15 when he gets to point

  • @leninpunzalan
    @leninpunzalan 4 года назад +2

    what do u think a out food carts? insights please. tnx!

    • @WilsonKLee
      @WilsonKLee  4 года назад

      toughy during this environment. unless you use it as a multichannel purpose distribution

  • @alisonellerbeck9541
    @alisonellerbeck9541 5 лет назад +6

    Thanks for the info! Quick tip though, dive in a bit sooner. You talk for like 2 minutes before actually diving in. Still appreciate your effort, its good to know what is currently popular in F and B. :)

    • @WilsonKLee
      @WilsonKLee  5 лет назад

      +Alison Ellerbeck thanks so much for taking the time for the feedback! Appreciate it and will def work on that for the next ones!

  • @aayushsachdeva2406
    @aayushsachdeva2406 4 года назад +3

    Hey man, great video!
    Can you make a video explaining how to choose a perfect location?
    Love from India ❤

    • @WilsonKLee
      @WilsonKLee  4 года назад

      Great suggestion!

    • @WilsonKLee
      @WilsonKLee  4 года назад

      already have it on my channel! :)

    • @hectorman8709
      @hectorman8709 4 года назад

      I have an idea :
      it's a new type of restaurants : eating-spots,
      in an eating-spot, food keeps changing, chefs also rotate,
      thanks to this rotation of food and chefs, eating-spots are way more powerful than restaurants,
      along with that, there is a mobile app,
      people vote for the food that will be cooked in the next days,
      menu is influenced by the live input of the people via a mobile app

  • @hemasahoo4908
    @hemasahoo4908 3 года назад +1

    Hi, how are you?
    I really love ur videos..keep going.I want to start icecream business..I will start my business very soon..

    • @WilsonKLee
      @WilsonKLee  3 года назад

      Go for it!

    • @Zo-hc2fn
      @Zo-hc2fn Год назад

      I am thinking about a new type of restaurants: eating-spots
      in eating-spots, food keeps changing, chefs also rotate.
      this is opposed to current restaurants,
      thanks to this rotation of food and chefs, eating-spots are more powerful than restaurants,
      along with that, there is an app,
      people vote for the food that will be cooked in the next days
      menu is influenced by the live input of the people via an app

  • @sernielyn5249
    @sernielyn5249 4 года назад

    Well.said wilson...thanks for sharing these ideas...

  • @jeremepeters9716
    @jeremepeters9716 2 года назад

    Thanks for the tip it is so helpful

    • @Zo-hc2fn
      @Zo-hc2fn Год назад

      I am thinking about a new type of restaurants: eating-spots
      in eating-spots, food keeps changing, chefs also rotate.
      this is opposed to current restaurants,
      thanks to this rotation of food and chefs, eating-spots are more powerful than restaurants,
      along with that, there is an app,
      people vote for the food that will be cooked in the next days
      menu is influenced by the live input of the people via an app

  • @saifq76
    @saifq76 5 лет назад +3

    You are awesome bro You have given the shape to my thought thank you so much for making a great and wonderful video

    • @WilsonKLee
      @WilsonKLee  5 лет назад

      Thank you! let me know how else i can help! :)

    • @peterolaga22
      @peterolaga22 2 года назад

      Hello, do you want to earn a consistent income by trading binary? Am a full time beirut binary trader, I do manage account for individuals and generate daily profit, I can help manage your live trading account to make a formidable profit. Please let me know if you are interested. Thank you my friend 💯

  • @annie.76
    @annie.76 Год назад

    There are no bubble tea shops in my downtown area. Thank you!

  • @relaxingnaturesounds2339
    @relaxingnaturesounds2339 2 года назад +1

    Video starts 2:23

  • @rickytan6019
    @rickytan6019 4 года назад

    Hi Lee, what do you think about the prospect of healthy F&B business such as Fruit Smoothie and Smoothie Bowl? Is it scalable and high profit margin?

    • @WilsonKLee
      @WilsonKLee  4 года назад

      Have you done your research of the shops in your area?

  • @abdelkaderjilalidaoud7598
    @abdelkaderjilalidaoud7598 3 года назад

    Thanks man your advice helped me a lot I have chop and I was loosing money because I could not control my item prise

    • @WilsonKLee
      @WilsonKLee  3 года назад

      All about the numbers!! Really look at it. Best of luck

  • @chocolatecheekschocolatewi9018
    @chocolatecheekschocolatewi9018 2 года назад

    Thanks for the vid. The bgm is louder than your voice tho. :)

  • @sakesama1
    @sakesama1 3 года назад

    HEY WILSON MY PASTA HAS , EGG, OLIVE OIL AND SEA SALT AS WELL.! HIGH END PASTA !

  • @CokeysCasino
    @CokeysCasino 5 лет назад +3

    Great video! Can you recommend something for me? I have a 13000 square ft lot on major highway at major intersection, lies in TIF zone and high high volume of traffic. Easy on/off highway, already zoned business. 200+ frontage road. Lot Is a bit irregular in that it is more long than deep. Besides a gas station , which others near by already building any ideas to capture high traffic

    • @WilsonKLee
      @WilsonKLee  5 лет назад +2

      coffee, quick bites, washroom break. make it easy for those who drove for 4 hours, tired, exhausted, hungry to come and consume and refuel at yours.

    • @Khscachimba
      @Khscachimba 4 года назад

      Would you rent a spot for someone who has a business idea?

  • @carlosscott8492
    @carlosscott8492 2 года назад

    Would Bubble Tea and a Salad Shop be a good combo for a start up idea?

    • @balex556
      @balex556 Год назад

      Yes you can really start with that and of your are in need of website design and development I am an expert writing to you

    • @Zo-hc2fn
      @Zo-hc2fn Год назад

      I am thinking about a new type of restaurants: eating-spots
      in eating-spots, food keeps changing, chefs also rotate.
      this is opposed to current restaurants,
      thanks to this rotation of food and chefs, eating-spots are more powerful than restaurants,
      along with that, there is an app,
      people vote for the food that will be cooked in the next days
      menu is influenced by the live input of the people via an app

  • @houssammekki404
    @houssammekki404 4 года назад +1

    I opened a restaurant that includes three section wings and fries and vegan section and pizza section .

  • @gucciciora
    @gucciciora 3 года назад

    Thanks for the video!!
    I got a question...any idea how to move a tuk tuk on a highway? On a platform or??
    Pls any advice

    • @WilsonKLee
      @WilsonKLee  3 года назад

      No idea - not my line of work

  • @milkakamau8709
    @milkakamau8709 4 года назад

    You always inspire me with your videos! Thanx so... Much!!

    • @WilsonKLee
      @WilsonKLee  4 года назад

      You are so welcome!

    • @peterolaga22
      @peterolaga22 2 года назад

      Hello, do you want to earn a consistent income by trading binary? Am a full time beirut binary trader, I do manage account for individuals and generate daily profit, I can help manage your live trading account to make a formidable profit. Please let me know if you are interested. 💯

  • @sophysak1861
    @sophysak1861 4 года назад +1

    Hello Wilson how successful is a food deli business? I’m looking into starting a food and beverage business.

    • @WilsonKLee
      @WilsonKLee  4 года назад +3

      always a demand for food deli at the right location. volume game though.

  • @Ed-ob1ox
    @Ed-ob1ox 3 года назад +4

    Hey Wilson,
    Love the videos! $200,000 a month during peak seasons for Boba seems extremely high, that's roughly over 1,300 daily cups at $5 a cup. Is that feasible in your experience?

    • @khalidcarrillo1132
      @khalidcarrillo1132 2 года назад

      I can see that being possible. At some places they are so jam packed with customers and people ordering 4 to 6 drinks at a time.

    • @lolosaulala48
      @lolosaulala48 2 года назад

      to put into perspective - KFC New Lynn in Auckland, NZ sells 500 buckets during dinner/peak - they make over 20k gross in that time, that is per day

    • @eda.2332
      @eda.2332 2 года назад +1

      My boba trailer at busy festivals makes $600/hour. Sales that is.

    • @Zo-hc2fn
      @Zo-hc2fn Год назад

      I am thinking about a new type of restaurants: eating-spots
      in eating-spots, food keeps changing, chefs also rotate
      this is opposed to current restaurants,
      thanks to this rotation of food and chefs, eating-spots are more powerful than restaurants,
      along with that, there is an app,
      people vote for the food that will be cooked in the next days,
      menu is influenced by the live input of the people via an app

  • @stobe33
    @stobe33 4 года назад +4

    I love your videos so much! I been trying to figure out which business to start and this video really helped me completely!!!!!!!!

    • @WilsonKLee
      @WilsonKLee  4 года назад

      Thanks for stopping by!

    • @Zo-hc2fn
      @Zo-hc2fn 4 года назад

      do you like this idea :
      it's a new type of restaurants : eating-spots,
      in an eating-spot, food keeps changing, chefs also rotate,
      thanks to this rotation of food and chefs, eating-spots are way more powerful than restaurants,
      along with that, there is an app,
      people vote for the food that will be cooked in the next days,
      menu is influenced by the live input of the customers via an app,
      I also made this infographic to give more details : ibb.co/DVrFvtn

    • @hectorman8709
      @hectorman8709 4 года назад

      I have an idea :
      it's a new type of restaurants : eating-spots,
      in an eating-spot, food keeps changing, chefs also rotate,
      thanks to this rotation of food and chefs, eating-spots are way more powerful than restaurants,
      along with that, there is a mobile app,
      people vote for the food that will be cooked in the next days,
      menu is influenced by the live input of the people via a mobile app

    • @peterolaga22
      @peterolaga22 2 года назад

      Hello, do you want to earn a consistent income by trading binary? Am a full time beirut binary trader, I do manage account for individuals and generate daily profit, I can help manage your live trading account to make a formidable profit. Please let me know if you are interested. Thank 💯

  • @mythgaile5673
    @mythgaile5673 5 лет назад +4

    Hi! I'm a student here in the Philippines and I just watched your video because we have a project in a subject 'Entrepreneurship', and we'll make a business plan. Can I ask you some questions? I have come up with the idea of having a food truck because I think it's better than having a restaurant, less hassle and can go to any places. Me and my partner haven't decided yet on what food should we sell. Ice cream was our first option but I don't know what other types of food should we add to make the business always attracts the people. Should we just make the ice cream to have unique flavours and make it the only food to sell, or add other food like sandwiches, drinks etc.? By the way it's our project and it'll be a big help for me and my partner if you've given us your opinion and answer. Thank you! *sorry for my wrong grammar though

    • @WilsonKLee
      @WilsonKLee  5 лет назад

      hey mida! best to email me your questions :) wilson@720sweets.com

    • @kailash6092
      @kailash6092 4 года назад

      Hi

    • @peterolaga22
      @peterolaga22 2 года назад

      Hello, do you want to earn a consistent income by trading binary? Am a full time beirut binary trader, I do manage account for individuals and generate daily profit, I can help manage your live trading account to make a formidable profit. Please let me know if you are interested. Thank you my friend 💯

    • @Zo-hc2fn
      @Zo-hc2fn Год назад

      I am thinking about a new type of restaurants: eating-spots
      in eating-spots, food keeps changing, chefs also rotate
      this is opposed to current restaurants,
      thanks to this rotation of food and chefs, eating-spots are more powerful than restaurants,
      along with that, there is an app,
      people vote for the food that will be cooked in the next days
      menu is influenced by the live input of the people via an app

  • @nobodyslim649
    @nobodyslim649 4 года назад +1

    Was thinking of opening a bubble tea shop...what are the most popular flavors??

    • @WilsonKLee
      @WilsonKLee  4 года назад +2

      milk tea, taro, mango. also depends on the location you are at.

    • @nobodyslim649
      @nobodyslim649 4 года назад

      Wilson K Lee - How To Open A Restaurant / F&B Shop thanks 😊✌🏽...

  • @danielhama4558
    @danielhama4558 5 лет назад +4

    Took long introducing the idea I nearly tuned out... but it was a good presentation

    • @WilsonKLee
      @WilsonKLee  5 лет назад +1

      trying to find the sweet spot :)

  • @openbox3794
    @openbox3794 5 лет назад +1

    This channel is awesome !

  • @sri1075
    @sri1075 4 года назад +1

    What f&b business works in Vancouver now in pandemic time?

    • @WilsonKLee
      @WilsonKLee  4 года назад

      chicken wings

    • @Zo-hc2fn
      @Zo-hc2fn Год назад

      I am thinking about a new type of restaurants: eating-spots
      in eating-spots, food keeps changing, chefs also rotate.
      this is opposed to current restaurants,
      thanks to this rotation of food and chefs, eating-spots are more powerful than restaurants,
      along with that, there is an app,
      people vote for the food that will be cooked in the next days
      menu is influenced by the live input of the people via an app

  • @Mak12368
    @Mak12368 5 лет назад +3

    Some Great information In this video. Thanks for the knowledge.

    • @WilsonKLee
      @WilsonKLee  5 лет назад

      +M.A.K anytime! Glad you liked it.

    • @hectorman8709
      @hectorman8709 4 года назад

      I have an idea :
      it's a new type of restaurant : eating-spots,
      in an eating-spot, food keeps changing, chefs also rotate,
      thanks to this rotation of food and chefs, eating-spots are way more powerful than restaurants,
      along with that, there is a mobile app,
      people vote for the food that will be cooked in the next days,
      menu is influenced by the live input of the people via a mobile app

  • @danielkarlsson7947
    @danielkarlsson7947 3 года назад +1

    This list is very good but the absolut most profitable food there is on top of every list on youtube is Burgers... :D

    • @WilsonKLee
      @WilsonKLee  3 года назад +1

      It is in my 2021 video :P

    • @danielkarlsson7947
      @danielkarlsson7947 3 года назад

      @@WilsonKLee oh snap i didnt know about that haha 😋

  • @parinazmousavi8393
    @parinazmousavi8393 4 года назад +1

    This is amazing. Thanks. Wishing you great success.

    • @WilsonKLee
      @WilsonKLee  4 года назад

      Thanks! Wishing you the same :)

    • @Zo-hc2fn
      @Zo-hc2fn 4 года назад

      do you like this idea :
      it's a new type of restaurants : eating-spots,
      in an eating-spot, food keeps changing, chefs also rotate,
      thanks to this rotation of food and chefs, eating-spots are way more powerful than restaurants,
      along with that, there is an app,
      people vote for the food that will be cooked in the next days,
      menu is influenced by the live input of the customers via an app,
      I also made this infographic to give more details : ibb.co/DVrFvtn

  • @MrFish-cn9pt
    @MrFish-cn9pt 5 лет назад +5

    Love you content Wilson so inspiring! Keep up man:) running Sushi i Norway (Mr. Fish) myself

    • @WilsonKLee
      @WilsonKLee  5 лет назад +1

      keep it up! Mr Fish! let me know if you have any questions! :)

    • @globalcitizen3413
      @globalcitizen3413 5 лет назад +1

      Where in Norway is your shop?

    • @MrFish-cn9pt
      @MrFish-cn9pt 5 лет назад

      Tuan Rifkhan Samat Torshov? Oslo?

    • @MrFish-cn9pt
      @MrFish-cn9pt 5 лет назад

      Wilson K Lee thanks you! :D would love the icE cream collab if possible one day. The WestJet condition is kinda the same

    • @hectorman8709
      @hectorman8709 4 года назад

      I have an idea :
      it's a new type of restaurants : eating-spots,
      in an eating-spot, food keeps changing, chefs also rotate,
      thanks to this rotation of food and chefs, eating-spots are way more powerful than restaurants,
      along with that, there is a mobile app,
      people vote for the food that will be cooked in the next days,
      menu is influenced by the live input of the people via a mobile app

  • @gunderglenn5548
    @gunderglenn5548 5 лет назад +1

    Love this video...now i know Im on the right track. Thanks Wilson

  • @blerimzenelaj383
    @blerimzenelaj383 3 года назад

    Well done this is amazing tips for beginners and is very easy to manage doing any of this 5 options that you give .But in my opinion this could be amazing if you open all 5 in one which gives people more options too choose when the visit the bussines 😁anyway i talk to much thanks for this video amazing stuff bro you earned my respect 👏👏

    • @Zo-hc2fn
      @Zo-hc2fn Год назад

      I am thinking about a new type of restaurants: eating-spots
      in eating-spots, food keeps changing, chefs also rotate
      this is opposed to current restaurants,
      thanks to this rotation of food and chefs, eating-spots are more powerful than restaurants,
      along with that, there is an app,
      people vote for the food that will be cooked in the next days
      menu is influenced by the live input of the people via an app

  • @poohbear2441
    @poohbear2441 5 лет назад +2

    I have a ramen and sushi restaurant. We use to just do sushi but we redid our menu and added ramen. Ramen is great easy to teach our employee therefore like sushi we don’t need a skilled chef. Our business grew double and I rather do ramen then sushi. For my next business i rather do just Ramen

    • @WilsonKLee
      @WilsonKLee  5 лет назад +1

      that is amazing! exactly what I talk about in my Winning Menu matrix! would love to shoot an interview with you talking about your experience with this! email me! wilson@720sweets.com

    • @poohbear2441
      @poohbear2441 5 лет назад

      Wilson K Lee I would love to talk to you. I will email you soon.

    • @TheDosuFamily
      @TheDosuFamily 5 лет назад

      Wat is this business

    • @poohbear2441
      @poohbear2441 5 лет назад

      CJCashMoneyIMVU We are a sushi and ramen shop we earn gross profit 780,000 last year. Our 1st year was less 660,000. Open 6 days a week and closed on holidays.

  • @shielamariegoleznival8981
    @shielamariegoleznival8981 3 года назад

    Thank you for this video. It helps us a lot. Godbless

    • @WilsonKLee
      @WilsonKLee  3 года назад

      Glad it was helpful Shiela!

  • @Zo-hc2fn
    @Zo-hc2fn 4 года назад

    I am thinking about a new type of restaurants : eating-spots
    in eating-spots, food keeps changing, chefs also rotate.
    this is opposed to current restaurants,
    thanks to this rotation of food and chefs, eating-spots are way more powerful than restaurants,
    along with that, there is an app,
    people vote for the food that will be cooked in the next days,
    menu is influenced by the live input of the people via an app.

  • @YeonTannieTaee
    @YeonTannieTaee 4 года назад

    a good informative video.thanks mate.by the way,any tips for foos business starts-up which focus on brand expansion?

    • @WilsonKLee
      @WilsonKLee  4 года назад

      Can you share more info?

  • @heavenlypatric4822
    @heavenlypatric4822 5 лет назад +5

    Love this video, was great..
    From Tanzania 🇹🇿

    • @WilsonKLee
      @WilsonKLee  5 лет назад +2

      Thanks for the LOVE! :)

    • @rayray8137
      @rayray8137 5 лет назад +1

      @@WilsonKLee and sending love from next door of Tanzania... Kenya 😂😂😂

  • @janehannahkalangula2122
    @janehannahkalangula2122 5 лет назад +4

    Watching from Namibia

  • @joeydesai8381
    @joeydesai8381 2 года назад

    Hi Wilson, Thanks for this video. A quick question what are the margins in a coffee business please?

    • @Zo-hc2fn
      @Zo-hc2fn Год назад

      I am thinking about a new type of restaurants: eating-spots
      in eating-spots, food keeps changing, chefs also rotate.
      this is opposed to current restaurants,
      thanks to this rotation of food and chefs, eating-spots are more powerful than restaurants,
      along with that, there is an app,
      people vote for the food that will be cooked in the next days
      menu is influenced by the live input of the people via an app

  • @winstonkoh6875
    @winstonkoh6875 3 года назад

    Hi, is this report and research base on vancouver?

  • @katrinaruthministries
    @katrinaruthministries 4 года назад +1

    Wow! Love this! Thank you for sharing your insight into this topic :)

    • @WilsonKLee
      @WilsonKLee  4 года назад

      Glad you enjoyed it!

    • @peterolaga22
      @peterolaga22 2 года назад

      Hello, do you want to earn a consistent income by trading binary? Am a full time beirut binary trader, I do manage account for individuals and generate daily profit, I can help manage your live trading account to make a formidable profit. Please let me know if you are interested. Thank you my friend 💯

  • @nurulizzah6248
    @nurulizzah6248 2 года назад

    Good explanation ✨

    • @peterolaga22
      @peterolaga22 2 года назад

      Hello, do you want to earn a consistent income by trading binary? Am a full time beirut binary trader, I do manage account for individuals and generate daily profit, I can help manage your live trading account to make a formidable profit. Please let me know if you are interested. 💯

  • @Reza.El-Fatih
    @Reza.El-Fatih 4 года назад

    cheers bro. love from singapore

  • @opheliaarida1882
    @opheliaarida1882 3 года назад

    Thank you very Informative. So this data is ore-covid, do we have anything about the F&B industry in canada post covid?

    • @WilsonKLee
      @WilsonKLee  3 года назад

      2021 version coming up soon!

  • @MFBEDUS
    @MFBEDUS 3 года назад

    Thank you for sharing such a good knowledge.

    • @WilsonKLee
      @WilsonKLee  3 года назад

      thanks for tuning in! I recommend checking my updated 2021 version too!

    • @peterolaga22
      @peterolaga22 2 года назад

      Hello, do you want to earn a consistent income by trading binary? Am a full time beirut binary trader, I do manage account for individuals and generate daily profit, I can help manage your live trading account to make a formidable profit. Please let me know if you are interested. 💯

  • @fanzilla66
    @fanzilla66 5 лет назад +3

    Thanks so much for the video. I am thinking about noodles restaurant. May i ask if there is a training place in USA? I know there are a lot in Japan. Thanks again.

    • @WilsonKLee
      @WilsonKLee  5 лет назад

      what kind of training place are you referring to? If you are brand new in the industry and want to learn the trade, i do recommend going with a franchise. on the other hand, if you are willing to learn and hustle, trying it out on your own works as well. email me and i will send you some resources applicable to you. wilson@720sweets.com

    • @hectorman8709
      @hectorman8709 4 года назад

      I have an idea :
      it's a new type of restaurants : eating-spots,
      in an eating-spot, food keeps changing, chefs also rotate,
      thanks to this rotation of food and chefs, eating-spots are way more powerful than restaurants,
      along with that, there is a mobile app,
      people vote for the food that will be cooked in the next days,
      menu is influenced by the live input of the people via a mobile app

  • @davidinthaseng9690
    @davidinthaseng9690 2 года назад

    Where does this apply to? I live in Spain and i don't think your list applies here

  • @Gbicer10
    @Gbicer10 3 года назад +1

    What would be some of the criteria’s someone should look for to start a bubble tea shop?

    • @WilsonKLee
      @WilsonKLee  3 года назад

      Take a look at my updated 2021 video on this :)

  • @weirdtink1
    @weirdtink1 5 лет назад +4

    Thanks for the great video!!! i never own any f&b startup but very interested to do so. How you rate an ice dessert shop(korean bingsu) business?

    • @WilsonKLee
      @WilsonKLee  5 лет назад

      bingsu business is amazing in terms of margins and production as its requires low level skill.

  • @spicecircle8370
    @spicecircle8370 5 лет назад +3

    Hi there,
    I just opened a new Restaurant (East Indian Restaurant) few weeks ago. Would you please help me how should I engage traffic to the restaurant. I live in Canada. Please help me out.

    • @WilsonKLee
      @WilsonKLee  5 лет назад +1

      sure thing. email me wilson@720sweets.com

    • @nikhildutt1708
      @nikhildutt1708 5 лет назад

      Wilson K Lee I use different email. I sent an email on 4321..... please help me

    • @nikhildutt1708
      @nikhildutt1708 5 лет назад

      I just sent an email please help me

  • @boonvang708
    @boonvang708 5 лет назад +2

    People who dont like ice cream = lactose intolerant ppl.
    Now give me my ice cream!

    • @WilsonKLee
      @WilsonKLee  5 лет назад

      lol ask and you shall receive! :)

    • @boonvang708
      @boonvang708 5 лет назад +1

      I'm just kidding bro....because I'm lactose intolerant LMAO

    • @WilsonKLee
      @WilsonKLee  5 лет назад

      @@boonvang708 XD

    • @joesmith-zj7ec
      @joesmith-zj7ec 5 лет назад +2

      Coconut milk ice cream. My wife is lactose intolirent and she searches high and low for it

    • @WilsonKLee
      @WilsonKLee  5 лет назад

      @@joesmith-zj7ec soooo gooddd :)

  • @ziggyc4474
    @ziggyc4474 4 года назад

    What you think of a fried wing with side sauces make it only app ordering and website ordering and curbside pickup only ?

    • @WilsonKLee
      @WilsonKLee  4 года назад +1

      great idea if you can locate the right demographic.

  • @tazness1853
    @tazness1853 5 лет назад +8

    I live in Australia where I’ve never heard of bubble tea do you think it would work in a small town? I’m talking only like 10,000 people

    • @WilsonKLee
      @WilsonKLee  5 лет назад +5

      ummm i would go with something that has higher demand. you want to ride a wave, much easier to get to shore.

    • @ngocphuongnguyen187
      @ngocphuongnguyen187 5 лет назад +3

      I live in the capital of Finland and every bubble tea shop has opened all went bankrupt...

    • @WilsonKLee
      @WilsonKLee  5 лет назад

      @@ngocphuongnguyen187 interesting! I don't know the market over there. Were they all the big chains? What's the awareness of bubble tea over there?

    • @ngocphuongnguyen187
      @ngocphuongnguyen187 5 лет назад +3

      Wilson K Lee there is absolutely no big chain. Finnish people- or the Nordic/Scandinavian people don’t drink tea with a lot of milk. And chewing while drinking is weird for most of them. There were few independent store opened in the center/shopping mall but all closed. There’s just one truck still open in 3 summer months and 3-4 asian cafes have it on the menu and very basic.

    • @lifeinaustralia8552
      @lifeinaustralia8552 5 лет назад +4

      Bubble tea is good only in Asian community.

  • @edwardfredrickwalugembe8848
    @edwardfredrickwalugembe8848 3 года назад

    Lovely especially the tea business

  • @jhaanielamozartizs9884
    @jhaanielamozartizs9884 5 лет назад +6

    Pasta and Pizza is in One menu i think but in the Philippines is INASAL is the final number as the most food ideas this generation ☺️

    • @WilsonKLee
      @WilsonKLee  5 лет назад +1

      yup! depending on your location, the food selection would be a bit different. cultural difference plays a big part.

    • @maxfransic0878
      @maxfransic0878 4 года назад

      Maybe for bisaya people only

  • @fathimakassi8289
    @fathimakassi8289 Год назад

    I would like to open my business Foo truck but I don't know how to start with the paper

  • @shanicehall3804
    @shanicehall3804 3 года назад

    Was watching this cause I wanna know the different types of restaurants/f&b offerings. I’m trying to do a business plan for my fruit shop (offers fresh fruit, parfaits, fruit salads etc) but I’m not so sure about the profitability on a larger scale. I usually do it from home and there seems to be a demand for fruits on the go. What do you think

    • @WilsonKLee
      @WilsonKLee  3 года назад +1

      Have you checked out my other video on writing a business plan?

    • @Zo-hc2fn
      @Zo-hc2fn Год назад

      I am thinking about a new type of restaurants: eating-spots
      in eating-spots, food keeps changing, chefs also rotate.
      this is opposed to current restaurants,
      thanks to this rotation of food and chefs, eating-spots are more powerful than restaurants,
      along with that, there is an app,
      people vote for the food that will be cooked in the next days
      menu is influenced by the live input of the people via an app

  • @rauchu5861
    @rauchu5861 4 года назад +2

    starts at 2:15

  • @tibr835
    @tibr835 5 лет назад +2

    Subscribed! Also you state that certain business like the pizza shop have a high investment rate, why is that?

    • @WilsonKLee
      @WilsonKLee  5 лет назад +1

      higher investment rate because you need the stove and rennovation and licensing and such as opposed to something like a cafe.