💎 [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
@pntshairdesignshamyhale51674 жыл бұрын
0p0p0pp
@tashaykef7963 жыл бұрын
🤔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!
@WilsonKLee3 жыл бұрын
Thanks for the tip! new vids don't have music. :)
@peterolaga22 Жыл бұрын
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 Жыл бұрын
U can use AI to remove de music
@quickclips96454 жыл бұрын
First step in business:Listen and take note's. 🙏🙏
@WilsonKLee4 жыл бұрын
Then take action! best of luck and stay safe out there!
@rcktrntheasianguy41694 жыл бұрын
i really like the way you talk about the topic. Calm voice and thorough idea are the best combo 🤓
@WilsonKLee4 жыл бұрын
thank youuu! :)
@peterolaga22 Жыл бұрын
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 💯
@williameddy88565 жыл бұрын
I like that you focused on CoGS. This was more informative than I thought it would be. Great research, good video.
@WilsonKLee5 жыл бұрын
thanks for the kind words! what other vids would you like to see?
@peterolaga22 Жыл бұрын
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 💯
@tacohousepattaya34563 жыл бұрын
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 Жыл бұрын
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
@hectorman87094 жыл бұрын
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
@WilsonKLee4 жыл бұрын
thats innovative! not sure if its feasible though.
@Chevelle4054 жыл бұрын
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 :)
@goldjuli67035 жыл бұрын
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!!!
@WilsonKLee5 жыл бұрын
Thanks for the support! :) let me know if there are any specific topics you'd like me to cover! 😀
@imanigaston60495 жыл бұрын
Love these videos keep them coming !!! My brain is growing every day !! 🎉🎉
@WilsonKLee5 жыл бұрын
Thanks! :)
@ganeshgoudapatil64125 жыл бұрын
Ur brain is still growing?? Better consult an doctor....or else u will end up alien👽 , carrying ton brain
@imanigaston60495 жыл бұрын
Ganeshgouda Patil I didn't mean it literally 🙄🙄🙄🙄🙄
@LyStories4 жыл бұрын
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!!! 🎉🎉🎉
@WilsonKLee4 жыл бұрын
Glad this was helpful Athena!
@Zo-hc2fn4 жыл бұрын
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
@DavidScottPeters4 жыл бұрын
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.
@WilsonKLee4 жыл бұрын
spot on david!
@peterolaga22 Жыл бұрын
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 Жыл бұрын
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
@deegegaming79113 жыл бұрын
Wait, someone on KZbin giving actually useful content for free!? 😵 Thanks for this
@WilsonKLee3 жыл бұрын
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!
@kenosabi4 жыл бұрын
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.
@WilsonKLee4 жыл бұрын
Fantastic! our free masterclass coming up on november! make sure to sign up!
@supersilentkiller4564 жыл бұрын
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 Жыл бұрын
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-hc2fn10 ай бұрын
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
@mv95942 жыл бұрын
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 😁
@cateringcoachal3 жыл бұрын
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 Жыл бұрын
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 Жыл бұрын
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 Жыл бұрын
@@Zo-hc2fn That sounds like a cool concept
@Zo-hc2fn Жыл бұрын
@@cateringcoachal thanks, you are free and welcome to use it
@aurorka7773 жыл бұрын
that was great and very informative! maybe you could make a 2021 version? we could see what changed in those two years
@WilsonKLee3 жыл бұрын
Yes i have a 2021 version on my channel :)
@dannyvo98954 жыл бұрын
Great material! Could you do a video on how much the mainstream restaurants and food chains make?
@WilsonKLee3 жыл бұрын
What do you consider as a mainstream restaurant?
@bdubz_det3 жыл бұрын
@@WilsonKLee maybe a few chains like mcdonalds, Ihop, and panera bread.
@peterolaga22 Жыл бұрын
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-hc2fn10 ай бұрын
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
@chiefkeef89023 жыл бұрын
Never stop making videos bro! Thank you
@WilsonKLee3 жыл бұрын
More to come Sergio!
@johnsettle25425 жыл бұрын
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!
@WilsonKLee5 жыл бұрын
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!
@johnsettle25425 жыл бұрын
Ok thank you very much!
@goldjuli67035 жыл бұрын
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!
@jimlieanlancita78474 жыл бұрын
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
@gabe14314 жыл бұрын
Kian Salcedo yea you would need to know a shit ton of things to open a business and to keep it.
@jimlieanlancita78474 жыл бұрын
@@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.
@gabe14314 жыл бұрын
Kian Salcedo that’s good man! How’s it going for you ?
@jimlieanlancita78474 жыл бұрын
@@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?
@gabe14314 жыл бұрын
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
@bkkthaiuk46844 жыл бұрын
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.
@WilsonKLee4 жыл бұрын
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!
@bkkthaiuk46844 жыл бұрын
@@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 : )
@Kikester2 жыл бұрын
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 Жыл бұрын
Hello I just want to know have you started yet
@Zo-hc2fn Жыл бұрын
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 Жыл бұрын
@@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
@lucas.ruault4 жыл бұрын
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!
@WilsonKLee4 жыл бұрын
thats awesome!!!! :)
@nattygymbro46923 жыл бұрын
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
@dexterrr91633 жыл бұрын
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-hg9bf3 жыл бұрын
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-hc2fn3 жыл бұрын
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
@nattygymbro46923 жыл бұрын
@@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-hc2fn3 жыл бұрын
@@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
@SuperDavidBrothers5 жыл бұрын
Also you should talk about exotic profitable food business ideas for 2019 (like Mexican food, Greek food, Chinese food, Korean food, French food, etc.).
@WilsonKLee5 жыл бұрын
that is such an amazing idea! :) you should def tune in my next video...
@SuperDavidBrothers5 жыл бұрын
@@WilsonKLee thanks man. I just thought of it a few hours ago lol!! 😂🤣🤣😂
@peterolaga22 Жыл бұрын
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 💯
@villageflavors70694 жыл бұрын
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? "
@WilsonKLee4 жыл бұрын
could be profitable due to buying ingredients in bulk and having the economy of scale.
@alisonellerbeck95415 жыл бұрын
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. :)
@WilsonKLee5 жыл бұрын
+Alison Ellerbeck thanks so much for taking the time for the feedback! Appreciate it and will def work on that for the next ones!
@sebastianskopek4 жыл бұрын
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 🤔.
@WilsonKLee4 жыл бұрын
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.
@sebastianskopek4 жыл бұрын
@@WilsonKLee thank you for your wise advice!
@mythgaile56734 жыл бұрын
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
@WilsonKLee4 жыл бұрын
hey mida! best to email me your questions :) wilson@720sweets.com
@kailash60924 жыл бұрын
Hi
@peterolaga22 Жыл бұрын
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 Жыл бұрын
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
@slaveofallah64523 жыл бұрын
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.
@danielhama45584 жыл бұрын
Took long introducing the idea I nearly tuned out... but it was a good presentation
@WilsonKLee4 жыл бұрын
trying to find the sweet spot :)
@Zo-hc2fn3 жыл бұрын
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
@andreijula21125 жыл бұрын
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?
@WilsonKLee5 жыл бұрын
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 Жыл бұрын
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. 💯
@omololaezeifeoma39797 ай бұрын
Glad I found this, very useful and informative
@ahmadnuw12034 жыл бұрын
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.
@WilsonKLee4 жыл бұрын
ahhh thanks brother. it does take commitment and a certain amount of character.. :)
@aayushsachdeva24064 жыл бұрын
Hey man, great video! Can you make a video explaining how to choose a perfect location? Love from India ❤
@WilsonKLee4 жыл бұрын
Great suggestion!
@WilsonKLee4 жыл бұрын
already have it on my channel! :)
@hectorman87094 жыл бұрын
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
@saifq764 жыл бұрын
You are awesome bro You have given the shape to my thought thank you so much for making a great and wonderful video
@WilsonKLee4 жыл бұрын
Thank you! let me know how else i can help! :)
@peterolaga22 Жыл бұрын
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 💯
@minihooperprod.83322 жыл бұрын
Jesus Christ is lord and savior amen 🙏
@gaminghubshorts204711 ай бұрын
Jesus christ is the mssenger of god and will reject all those who worshipped him without him telling them #facts Second comming of jesus
@BB7Ruby4 жыл бұрын
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 :)
@kevincollins28503 жыл бұрын
45% even after rent, taxes, labor?
@mohammadal-sharhani78103 жыл бұрын
@@kevincollins2850 cloud kitchen
@peterolaga22 Жыл бұрын
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 Жыл бұрын
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
@ellaemmie67224 жыл бұрын
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...
@WilsonKLee4 жыл бұрын
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.
@MrFish-cn9pt5 жыл бұрын
Love you content Wilson so inspiring! Keep up man:) running Sushi i Norway (Mr. Fish) myself
@WilsonKLee5 жыл бұрын
keep it up! Mr Fish! let me know if you have any questions! :)
@globalcitizen34134 жыл бұрын
Where in Norway is your shop?
@MrFish-cn9pt4 жыл бұрын
Tuan Rifkhan Samat Torshov? Oslo?
@MrFish-cn9pt4 жыл бұрын
Wilson K Lee thanks you! :D would love the icE cream collab if possible one day. The WestJet condition is kinda the same
@hectorman87094 жыл бұрын
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
@slavichwalker98562 жыл бұрын
Thoughts on "snack" buisness? Something that you make and then put in supermarkets or gas stations i.e. beef jerky
@Zo-hc2fn Жыл бұрын
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
@poohbear24415 жыл бұрын
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
@WilsonKLee5 жыл бұрын
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
@poohbear24415 жыл бұрын
Wilson K Lee I would love to talk to you. I will email you soon.
@TheDosuFamily4 жыл бұрын
Wat is this business
@poohbear24414 жыл бұрын
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.
@SuperDavidBrothers5 жыл бұрын
Awww man I really thought you were going to say mexican food, burger joint, steakhouse, and fried chicken restaurants were very profitable all because of how good and delicious they are. 😥😢😭
@WilsonKLee5 жыл бұрын
hahahhaa totally down my alley. they are just higher in COGs and definitely need to niche down as there are so many great burgers/steaks/fried chicken out there...
@ariuki53633 жыл бұрын
Bro taco's has got to be in!! and I run a pizza joint 🤙
@CokeysCasino4 жыл бұрын
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
@WilsonKLee4 жыл бұрын
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.
@Khscachimba4 жыл бұрын
Would you rent a spot for someone who has a business idea?
@sakesama12 жыл бұрын
HEY WILSON MY PASTA HAS , EGG, OLIVE OIL AND SEA SALT AS WELL.! HIGH END PASTA !
@Mak123685 жыл бұрын
Some Great information In this video. Thanks for the knowledge.
@WilsonKLee5 жыл бұрын
+M.A.K anytime! Glad you liked it.
@hectorman87094 жыл бұрын
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
@chocolatecheekschocolatewi90182 жыл бұрын
Thanks for the vid. The bgm is louder than your voice tho. :)
@gabo16224 жыл бұрын
Love you content Wilson so inspiring! Keep up man:) running Sushi i Norway (Mr. Fish) myself 2.15 when he gets to point
@WilsonKLee4 жыл бұрын
Thanks! Best of luck!
@houssammekki4044 жыл бұрын
I opened a restaurant that includes three section wings and fries and vegan section and pizza section .
@WilsonKLee4 жыл бұрын
nice!
@Ed-ob1ox3 жыл бұрын
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?
@khalidcarrillo11322 жыл бұрын
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.
@lolosaulala482 жыл бұрын
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.23322 жыл бұрын
My boba trailer at busy festivals makes $600/hour. Sales that is.
@Zo-hc2fn10 ай бұрын
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
@melvinsomera47872 жыл бұрын
Thank you very much for the IDEAS new sub here
@Gbicer103 жыл бұрын
What would be some of the criteria’s someone should look for to start a bubble tea shop?
@WilsonKLee3 жыл бұрын
Take a look at my updated 2021 video on this :)
@melaniaimperial49472 жыл бұрын
Thanks for the info, Wilson.
@annie.76 Жыл бұрын
There are no bubble tea shops in my downtown area. Thank you!
@mahmutugur55113 жыл бұрын
Very informative video.thanks for sharing
@WilsonKLee3 жыл бұрын
Glad it was helpful!
@katrinaruthministries3 жыл бұрын
Wow! Love this! Thank you for sharing your insight into this topic :)
@WilsonKLee3 жыл бұрын
Glad you enjoyed it!
@peterolaga22 Жыл бұрын
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 💯
@hemasahoo49082 жыл бұрын
Hi, how are you? I really love ur videos..keep going.I want to start icecream business..I will start my business very soon..
@WilsonKLee2 жыл бұрын
Go for it!
@Zo-hc2fn Жыл бұрын
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
@PipeDreamAnimation4 жыл бұрын
I love your videos so much! I been trying to figure out which business to start and this video really helped me completely!!!!!!!!
@WilsonKLee4 жыл бұрын
Thanks for stopping by!
@Zo-hc2fn4 жыл бұрын
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
@hectorman87094 жыл бұрын
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 Жыл бұрын
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 💯
@spicecircle83704 жыл бұрын
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.
@WilsonKLee4 жыл бұрын
sure thing. email me wilson@720sweets.com
@nikhildutt17084 жыл бұрын
Wilson K Lee I use different email. I sent an email on 4321..... please help me
@nikhildutt17084 жыл бұрын
I just sent an email please help me
@abdelkaderjilalidaoud75983 жыл бұрын
Thanks man your advice helped me a lot I have chop and I was loosing money because I could not control my item prise
@WilsonKLee3 жыл бұрын
All about the numbers!! Really look at it. Best of luck
@milkakamau87094 жыл бұрын
You always inspire me with your videos! Thanx so... Much!!
@WilsonKLee4 жыл бұрын
You are so welcome!
@peterolaga22 Жыл бұрын
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. 💯
@janehannahkalangula21225 жыл бұрын
Watching from Namibia
@Boutit0315 жыл бұрын
SA here 🇿🇦
@KindPhilosophy5 жыл бұрын
From Nairobi, Kenya
@ceciliakasanga65744 жыл бұрын
From 🇳🇦 too
@tibr8354 жыл бұрын
Subscribed! Also you state that certain business like the pizza shop have a high investment rate, why is that?
@WilsonKLee4 жыл бұрын
higher investment rate because you need the stove and rennovation and licensing and such as opposed to something like a cafe.
@parinazmousavi83934 жыл бұрын
This is amazing. Thanks. Wishing you great success.
@WilsonKLee4 жыл бұрын
Thanks! Wishing you the same :)
@Zo-hc2fn4 жыл бұрын
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
@blerimzenelaj3833 жыл бұрын
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 Жыл бұрын
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
@rickytan60194 жыл бұрын
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?
@WilsonKLee4 жыл бұрын
Have you done your research of the shops in your area?
@Evy_irissa4 жыл бұрын
a good informative video.thanks mate.by the way,any tips for foos business starts-up which focus on brand expansion?
@WilsonKLee4 жыл бұрын
Can you share more info?
@weirdtink15 жыл бұрын
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?
@WilsonKLee5 жыл бұрын
bingsu business is amazing in terms of margins and production as its requires low level skill.
@sophysak18613 жыл бұрын
Hello Wilson how successful is a food deli business? I’m looking into starting a food and beverage business.
@WilsonKLee3 жыл бұрын
always a demand for food deli at the right location. volume game though.
@montylenhart Жыл бұрын
what do you think about a breakfast place?
@Zo-hc2fn3 жыл бұрын
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.
@fanzilla665 жыл бұрын
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.
@WilsonKLee5 жыл бұрын
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
@hectorman87094 жыл бұрын
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
@rileyr22554 жыл бұрын
How about thai food cafe? In city like LA, on every block. In my city, only 5 thai restaurants in entire city. However I have yet to find someone who doesnt like these places. Also, only one bubble tea place which has me traveling 25 min per week to get there. Bubble tea so delicious! Ps my wife and family thai.
@WilsonKLee4 жыл бұрын
If there is interest & demand in your city, then definitely a good option to consider. You could always add bubble tea to it as well.
@heavenlypatric48225 жыл бұрын
Love this video, was great.. From Tanzania 🇹🇿
@WilsonKLee5 жыл бұрын
Thanks for the LOVE! :)
@rayray81375 жыл бұрын
@@WilsonKLee and sending love from next door of Tanzania... Kenya 😂😂😂
@jamaiawhite56724 жыл бұрын
Hi awesome video. I appreciate the time and effort that was put towards research. Also like how the focus of the video is about CoGS, especially as a person who is interested in this industry. How would you rate a dairy free mousse dessert bar or a dairy free dessert bar?
@WilsonKLee4 жыл бұрын
Depends on the demand in your area. Are people looking for dairy free desserts? Who else is selling that? What's their traffic like?
@sernielyn52493 жыл бұрын
Well.said wilson...thanks for sharing these ideas...
@WilsonKLee3 жыл бұрын
Thanks for watching!
@theodoroskalopedis3 жыл бұрын
What does the owl have to do with anything?? 😂😂😂
@leninpunzalan4 жыл бұрын
what do u think a out food carts? insights please. tnx!
@WilsonKLee4 жыл бұрын
toughy during this environment. unless you use it as a multichannel purpose distribution
@jeromeheha61804 жыл бұрын
Seems like a west coast list to me. Thanks
@WilsonKLee4 жыл бұрын
yea actually thats quite accurate. how does east coast look like?
@jeromeheha61804 жыл бұрын
@@WilsonKLee I couldnt tell you.
@Nothankyou19694 жыл бұрын
Definitely west coast, I'm in the south, down here 1 through 5 is going to be fish, bbq, bbq, fish, chicken and pop. 😁✔
@davidlopez-rl4sh5 жыл бұрын
Pizza shop? Not anymore it really depends on the part of the world you live. Were I live in Pennsylvania everyone has pizza not just pizza places. Maybe you should be more specific.
@WilsonKLee5 жыл бұрын
pizza in general does really well because of the high margins. however, you are also very correct about the supply. this vid is about the most profitable items, which is evident with the number of places offering it. :)
@davidlopez-rl4sh5 жыл бұрын
@@WilsonKLee I used to deliver for a pizza delivery service in Pennsylvania seems like it was doing well until economy in 2008. Seems like marketing changed alot since the early 2000s. We used to hand out menus and get so much business but the last time we tried it was useless. They are very old school and don't understand that when they opened in 1965 business was so much different and simple.
@WilsonKLee5 жыл бұрын
@@davidlopez-rl4sh totally! you are def spot on about the marketing aspect. the business is still booooming like crazy, just the method of delivery is different. check out pizzaioki, a pizza chain developed by steve aioki combining food delivery services + pizza. Killing it!
@joeydesai83812 жыл бұрын
Hi Wilson, Thanks for this video. A quick question what are the margins in a coffee business please?
@Zo-hc2fn Жыл бұрын
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
@nobodyslim6494 жыл бұрын
Was thinking of opening a bubble tea shop...what are the most popular flavors??
@WilsonKLee4 жыл бұрын
milk tea, taro, mango. also depends on the location you are at.
@nobodyslim6494 жыл бұрын
Wilson K Lee - How To Open A Restaurant / F&B Shop thanks 😊✌🏽...
@openbox37945 жыл бұрын
This channel is awesome !
@WilsonKLee5 жыл бұрын
YOU are awesome! 😄
@danielkarlsson79473 жыл бұрын
This list is very good but the absolut most profitable food there is on top of every list on youtube is Burgers... :D
@WilsonKLee3 жыл бұрын
It is in my 2021 video :P
@danielkarlsson79473 жыл бұрын
@@WilsonKLee oh snap i didnt know about that haha 😋
@trillo33325 жыл бұрын
Maybe I should open up a bubble tea. There isn't one anywhere near us. In fact, I haven't even HEARD of it before!
@WilsonKLee5 жыл бұрын
oh what... where do you live?
@shiddalingaswamysiddu75405 жыл бұрын
Wilson K Lee Good informnation
@mohdrizalbenomar24395 жыл бұрын
Which planet you from....do you have ice lemon tea over there...?just kidding!!
@WilsonKLee5 жыл бұрын
@@mohdrizalbenomar2439 😁
@MFBEDUS3 жыл бұрын
Thank you for sharing such a good knowledge.
@WilsonKLee3 жыл бұрын
thanks for tuning in! I recommend checking my updated 2021 version too!
@peterolaga22 Жыл бұрын
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. 💯
@jeremepeters97162 жыл бұрын
Thanks for the tip it is so helpful
@Zo-hc2fn Жыл бұрын
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
@taffythegreat19864 жыл бұрын
That’s the trouble here. They’ll price themselves out of the market. Someone has a good idea, then everybody wants to do it. They should do something that compliment the trade
@WilsonKLee4 жыл бұрын
100%
@shielamariegoleznival89813 жыл бұрын
Thank you for this video. It helps us a lot. Godbless
@WilsonKLee3 жыл бұрын
Glad it was helpful Shiela!
@jhaanielamozartizs98845 жыл бұрын
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 ☺️
@WilsonKLee5 жыл бұрын
yup! depending on your location, the food selection would be a bit different. cultural difference plays a big part.
@maxfransic08784 жыл бұрын
Maybe for bisaya people only
@azmankmn4 жыл бұрын
Just found your video & channel, very informative, liked & subscribed.
@WilsonKLee4 жыл бұрын
Appreciate it!
@carlosscott8492 Жыл бұрын
Would Bubble Tea and a Salad Shop be a good combo for a start up idea?
@balex556 Жыл бұрын
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 Жыл бұрын
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
@tazness18534 жыл бұрын
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
@WilsonKLee4 жыл бұрын
ummm i would go with something that has higher demand. you want to ride a wave, much easier to get to shore.
@ngocphuongnguyen1874 жыл бұрын
I live in the capital of Finland and every bubble tea shop has opened all went bankrupt...
@WilsonKLee4 жыл бұрын
@@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?
@ngocphuongnguyen1874 жыл бұрын
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.
@lifeinaustralia85524 жыл бұрын
Bubble tea is good only in Asian community.
@kevinsoriano89724 жыл бұрын
I love the way you speak, Very informative Vedio God blessed 😍
@dallasdala70744 жыл бұрын
True😂..... True🤣😂..... Great vedio..... Am sorry if u made a spellin error, and if it was done on purpose, then, dang..... Creative
@WilsonKLee4 жыл бұрын
Thank you so much 🙂
@tiffanybuchanan10444 жыл бұрын
I want to sell wings and fries!!! Everyone loves that. People order Uber eats and grub hub like crazy. I wish I could sell it out of my house.
@shadyloso28644 жыл бұрын
WE HAVE THE SAME IDEA IM GOING TO START FROM HOME TOO
@tiffanybuchanan10444 жыл бұрын
Shady LoSo yeah but I’m wondering how to get customers
@WilsonKLee4 жыл бұрын
unfortunately, you can't sell outta your house. look into cloud kitchens!
@WilsonKLee4 жыл бұрын
customers are all from the delivery apps. as long as you have a good item, they will order from you.
@shadyloso28644 жыл бұрын
Wilson K Lee - How To Open A Restaurant / F&B Shop thx you i think this is the best option for me right now
@davidinthaseng96902 жыл бұрын
Where does this apply to? I live in Spain and i don't think your list applies here
@celestineadzadza5153 жыл бұрын
Thank you very much
@hugopouchard90334 жыл бұрын
What about cocktails and bars? It's F&B and does more margin than 20-30%
@WilsonKLee4 жыл бұрын
don't have too much experience with bars. if you are looking at just alcohol, the margins are substantially higher of course. however, its tough to get a crowd to come for drinks on a regular basis. you need to mix in other lower margin items and such. thats why f&b love serving drinks as its what makes them more profitable.
@peterolaga22 Жыл бұрын
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. 💯