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Kenny202

Setting up a small food business in Australia

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This one out of left field but was wondering if by chance anyone here was in the fast food business in Australia, specifically NSW. 

With all the changes and the ever falling dollar / rising baht I am toying around with the idea of going back home and starting a business.

The idea of a small takeaway type shop in a smaller town seaside type place appeals. Not after huge bucks just a bit of an income and a nice quiet life.


I have had several businesses before so know what I am letting myself in for re hours, suppliers, deliveries etc. Probably no staff required.

Pretty right as far as setting up costs, equipment etc. 

 

just wondering if anyone knows roughly what sort of coin I could be up for for say Permits, licenses, insurance etc. All of the nanny state stuff. Is it prohibitive these days?

 

 

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It would be a huge take-on, and in a nanny state like Australia full of red tape and regulations as far as selling takeaway foods.. 

 

The biggest considerations are rent with a 1-3 year lease commitment, start-up costs, adequate insurance with liability cover, LOCATION location, ABN and ACN registration of the business for tax purposes, having regular health and safety inspections from council, electricity, gas and water charges..

 

The list is endless.. Cash flow for replenishing your stock, your anticipated earnings from profit and tax liabilities.. A good business plan with projections, anticipated sales, costs of business including taxation liabilities, cash flow predictions and minimum wage expections.. Do you expect to be making a profit in year one, two or three?? 

 

You could save all the headaches working for someone as an employee with guaranteed hourly rates and superannuation contributions.. Or Centrelink now have a program for 50+ doing 15hrs pw (2 days) of voluntary work for $300 pw.. 

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Just set up a cart in front of an established eatery and work the blow-off.

 

If anyone comes by and asks for your license, just pretend you don’t speak English and they should leave you alone.

 

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8 hours ago, millymoopoo said:

mean you have to earn $1500/w net profit to pay rent before it gets anywhere near your pocket, and yes there's a heap of 'nanny state' compliance too...!

It may be better to set up a 'chuck wagon' and do the fairs, field days and festivals.

Initial set up costs are dearer but no on going rent - other than the days your on site.

And Markets. Yep, 'rosst' is right, huge rents

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Posted (edited)
14 minutes ago, Kenny202 said:

Thanks guys. Gone off the idea already emoji50.png

Sent from my SM-J730GM using Thailand Forum - Thaivisa mobile app
 

https://www.news.com.au/entertainment/tv/current-affairs/celebrity-chef-george-calombaris-faces-up-to-leigh-sales-on-730/news-story/26a179fcc43d9210ac35eee8ab248e9c

 

Read this did not pay staff wages in the tune of 7.8 million dollars

Edited by White Christmas13

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Even our Fish n Chips lady Pauline Hanson gave up her shop and became a politician :cheesy::cheesy:

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Posted (edited)

businessforsale.com.au

 

I own a general store and  Newsagency in the upper hunter Valley New South Wales. I personally would only ever buy a freehold business, therefore you have ultimate control over all aspects of your business. Hope this helps 🙏🇹🇭

Edited by jack7106
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11 hours ago, White Christmas13 said:

Always came across as a grub. Don't know how he got his mug on TV

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11 hours ago, jack7106 said:

businessforsale.com.au

 

I own a general store and  Newsagency in the upper hunter Valley New South Wales. I personally would only ever buy a freehold business, therefore you have ultimate control over all aspects of your business. Hope this helps 🙏🇹🇭

Jeez would have thought a news agency a tough gig these days with everything online. I guess if you are in a country area you would still sell a lot of stationary, school supplies etc.

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The best business you can have is to run it from home, i.e. no overheads on top of your rent/mortgage or if your fortunate enough to have it paid off. No insurances required, additional electricity costs, wages, etc etc.

 

Try looking at other alternatives from the food industry because the competition is hard, and from what I hear a lot of people are eating in these days, or takeaways delivered to your door by Uber. Speaking to my daughter on the phone the other day and she was getting a chicken wrap delivered to her by Uber for $13.00, about (280 baht) 🙂

 

I can't offer you any alternate business suggestions, but am talking from experience, e.g. I have friends in the game and all but one are constantly complaining.

 

I do consultancy work from home, did it back when I was working pre-2015 in Sydney and it followed me here to Thailand in my retirement as the client's retained my email address and mobile number, they also refer people to me, so I still take it on, making about a 6th of what I was making back in Oz, one down fall is the 32.5% tax that I pay as a non-resident because the money is made in Australia, it is still enough to cover half of our living costs here, so I won't say no and the work is easy, so I upped my fee which ranges from $100-$200 per job and they still keep coming, don;t know how much longer I will keep doing it, better to have a coin in hand, is better than a coin, than no coin in hand if you follow.

 

Don;t get me wrong and I am not boasting, I don't need the money, but I see pensioners who lives have been turned upside down because of the rising baht and falling $, now saving can also go down unless you have investments which can also go sideways, you just never know, so you have to diversify, and I consider myself one of the lucky ones, as the last 4 years living here has basically cost me next to nothing. 

 

Good luck either way, but opening up a food business has to be in a good pedestrian area with high volumes of people, and we all know rents will be sky high, high stress levels will follow as well because you will need everything else that goes with it.

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I often go to Australia to do sales work in shopping centres for 8 or so weeks at Xmas. Is hard work for 8 weeks or so but you can make good money. Is with a long established world wide company. PM me if you are interested.

Sent from my Lenovo TB-8304F1 using Thailand Forum - Thaivisa mobile app

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