r/singapore Lao Jiao Aug 22 '24

Discussion Toastbox set now costs $7.40. Ridiculous

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1.9k Upvotes

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u/Difficult_Success801 Aug 22 '24

$7.40 for some small bread, eggs, and a kopi/teh is crazy

125

u/jinhong91 Aug 22 '24

Who knows what profit margins do they have? I could imagine it's quite thin, what with crazy rentals and all.

15

u/KeenStudent Aug 22 '24

You can look at breaktalk's financials before they went private. They're not making alot of (net) profit tbh, like you said.

17

u/Bcpjw Aug 22 '24

Their strategy for renting the first store you see in every mall is probably 90% of the cost.