Bakerzin to close shop after 22 years

[Scrooball (clone)]

It is a reputable brand in Singapore, I am surprised that there's no suitor to buy them over.

Have u tried selling a slice of cake at $10 and above in a deep recession?

 

[laksaboy]

Bakerzin always sells a lot of atas mooncakes every year. Probably earned a lot through their sales.

I guess this year destroyed it.

 

[Chase]

Bakerzin always sells a lot of atas mooncakes every year. Probably earned a lot through their sales.

I guess this year destroyed it.

Yes, I used to get Bakerzin ice-cream mooncakes from workplace.

 

[eatshitndie]

Have u tried selling a slice of cake at $10 and above in a deep recession?

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i’m puzzled it could survive for over 2 decades selling overpriced shit pre-pandamic. either sinkies were morons spending hard-earned cash for that shit or they were rich with plenty of disposable incum, thanks to pap.

 

[laksaboy]

i’m puzzled it could survive for over 2 decades selling overpriced shit pre-pandamic. either sinkies were morons spending hard-earned cash for that shit or they were rich with plenty of disposable incum, thanks to pap.

Businesses tend to not raise prices willy-nilly. It's the rent. Who's the biggest landlord?

 

[eatshitndie]

Businesses tend to not raise prices willy-nilly. It's the rent. Who's the biggest landlord?

when an eatery or cafe is down 69% in revenue during the pandamic for 6.9 months, just like all cafes and restaurants in sf and sillycon valley, no one can survive even with a rent reduction of 69%. retail rent in sf is about 46.9% of total cost. in the valley it’s about 36.9%. rent alone is a lion share of cost but doesn’t constitute the “killer” component. the “killer” is a combo of drastic loss in revenue and inability to pay for all cost including labor, supplies, utilities, rent.

 

[JohnTan]

Have u tried selling a slice of cake at $10 and above in a deep recession?

Sell that slice of cake to me. I'll pay $10 for a slice of good cake. Many sinkies would. The restaurants with delicious food are still packed with customers. Din Tai Fung is a good example.

 

[syed putra]

I don't understand why must halal here halal there? Just don't order pork or alcohol stuff lah.. Must make life so difficult for everyone! Roll eyes!

There are nearly 200 mil halal consumers around sinkie. Who do you target. The 8 mil or the 200?

 

[syed putra]

Have u tried selling a slice of cake at $10 and above in a deep recession?

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There is nothing to eat except cakes.

 

[eatshitndie]

there's an outlier, literally, though during the pandamic. a taco bell joint at pacifica is doing ok despite high rent, high cost, high surf, and 6.9 months into the pandamic. revenue remains stable during the lockdown with takeaways, but spikes after diners are allowed to dine outdoors and around it on the beach. it's staffing up and remains cash flow positive all this time. taco bell is not exactly a high ses gourmet restaurant. it's fast food, cheap fast food mainly for the working class and poor starving students. but its location and convenience to beachgoers and surfers keep it afloat above the high surfs. and rent is not cheap as it's on the most sexpensive part of the peninsula, on valuable frontage at the coast (only 69 feet from beach) between sf in the north and sillycon valley in the south. since indoor seating is not allowed yet, no problem. with plenty of sunshine and cool breeze from the ocean, just walk up the ramp, order food from the window, get your meals in less than 6.9 minutes, and park your sexy buttocks on a bench or balcony overlooking the beach.

 

[bobby]

I don't understand why must halal here halal there? Just don't order pork or alcohol stuff lah.. Must make life so difficult for everyone! Roll eyes!

We must first remove the crescent from our national flag to say we that we are not an Islamic nation.....

 

[syed putra]

there's an outlier, literally, though during the pandamic. a taco bell joint at pacifica is doing ok despite high rent, high cost, high surf, and 6.9 months into the pandamic. revenue remains stable during the lockdown with takeaways, but spikes after diners are allowed to dine outdoors and around it on the beach. it's staffing up and remains cash flow positive all this time. taco bell is not exactly a high ses gourmet restaurant. it's fast food, cheap fast food mainly for the working class and poor starving students. but its location and convenience to beachgoers and surfers keep it afloat above the high surfs. and rent is not cheap as it's on the most sexpensive part of the peninsula, on valuable frontage at the coast (only 69 feet from beach) between sf in the north and sillycon valley in the south. since indoor seating is not allowed yet, no problem. with plenty of sunshine and cool breeze from the ocean, just walk up the ramp, order food from the window, get your meals in less than 6.9 minutes, and park your sexy buttocks on a bench or balcony overlooking the beach.
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Location, location, location.

 

[Chase]

news said Bazerzin owes over $30m

 

[JurongEast]

Look at the menu, it is cheap, mexican popiah is less than 3 dollars. really?

there's an outlier, literally, though during the pandamic. a taco bell joint at pacifica is doing ok despite high rent, high cost, high surf, and 6.9 months into the pandamic. revenue remains stable during the lockdown with takeaways, but spikes after diners are allowed to dine outdoors and around it on the beach. it's staffing up and remains cash flow positive all this time. taco bell is not exactly a high ses gourmet restaurant. it's fast food, cheap fast food mainly for the working class and poor starving students. but its location and convenience to beachgoers and surfers keep it afloat above the high surfs. and rent is not cheap as it's on the most sexpensive part of the peninsula, on valuable frontage at the coast (only 69 feet from beach) between sf in the north and sillycon valley in the south. since indoor seating is not allowed yet, no problem. with plenty of sunshine and cool breeze from the ocean, just walk up the ramp, order food from the window, get your meals in less than 6.9 minutes, and park your sexy buttocks on a bench or balcony overlooking the beach.
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[eatshitndie]

Look at the menu, it is cheap, mexican popiah is less than 3 dollars. really?

bean burrito is $1.29 and taco supreme is $1.79. you need 3 burritos and 3 tacos to fill you.

 

[laksaboy]

I don't understand why must halal here halal there? Just don't order pork or alcohol stuff lah.. Must make life so difficult for everyone! Roll eyes!

If you want to eat McDonald's pork burgers, you have to go to Thailand, Taiwan or Japan. Sad!