Renting and Costs
- Rent for food carts in SM malls is around P25,000 a month.
- Public transport station rent is P150-P200 daily.
- Mall rent is $18-30 per square foot.
Business Plan and Design Considerations
- Write a business plan.
- Ensure proper food sanitation.
- Develop eye-catching cart design.
- Check hardware options for kiosks.
- Prices range $1,500-$5,000.
Cost Breakdown and Ratios
- Food carts cost $70,000-$250,000.
- Used carts $30,000.
- New carts around $175,000.
- Rent-to-sales ratio varies 2-20% depending on business.
- Costs vary by acquisition method.
- Other costs: licensing, permits, equipment, ingredients.
SM Malls Online App
- SM Malls Online app available on App Store and Google Play.
- Currently serving six malls. More coming soon.
- Shop trusted mall brands and restaurants.
- One delivery fee or in-store pickup.