Replies to post #23511 on Sino Agro Food Inc (fka SIAF)

[treit2002]

You said restaurants sell main courses at $150/kg.

Thought we were talking about Bull, not Leonies, but either way ...

$300,000 is 10,000 covers a year at $30/each.

That's 32 customers per day. You could have only 8 tables; fill it once with no turn over for one meal only per day, and that's it.

Why not 20 tables of 4 with 2 turns for 2 meals? That's $3M.

Which do you think is more likely?


From da internet (you don't have to look it up) :

http://wiki.answers.com/Q/What_is_the_average_sales_per_square_foot_for_a_restaurant

Well, it depends on what type of restaurant you have.
Casual dining restaurants like Chili's or Applebees will average between $550 and 650. $2,800,000 / 4500 sq. ft
Fast food chains like McDonalds and Chick-fil-a do better averaging about $1000 per foot. $1,300,000 / 1200 sq. ft
Up scale restaurants Ruth's Chris or Morton's are in the middle, around $800 $4,500,000 / 5250 sq. ft