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21-08-2018, 01:24 PM
All F&B operators in Singapore face twin challenges of 1) rental costs, & 2) wage costs. Margins are thin. Based on my own regular patronage (and therefore scuttlebutt) I have had Soup Restaurant, Sakae, Tung Lok and RE&S on my watchlist for abt 6 years, but the story that the numbers tell is not compelling.
I do like RE&S restaurants and concepts as a consumer, but I think the business is challenging to run profitably.
I do like RE&S restaurants and concepts as a consumer, but I think the business is challenging to run profitably.