[ad_1]
Would you pay $ 20,000 to run a street vendor that has a constant stream of repeat customers and their prescriptions?
Well, someone did even during these difficult Covid-19 times. 8 Days reported that the owners of the Joo Chiat Hokkien mee Yong Huat street vendor stall have sold their shop and recipes for fried mee sua, char kway teow, and of course Hokkien mee.
Therefore, Yong Huat’s stall at Alibabar The Hawker Bar will continue to operate, and the new owner is scheduled to take over the operations of the 50-year-old stall starting August 31.
The current husband and wife team, Pang Weng Hong and Chia Siew Heok, have been training the new owner for the past two weeks.
However, $ 20,000 was not the starting price Pang had in mind. He had initially hoped to get $ 50,000 from the sale initially, but lowered his order because he feared no one would bite given the current economic situation. And the sale was resolved in a matter of months.
The final buyer was chosen from four interested parties as Pang had an affinity with him, in addition to having experience as a street vendor.
Of course, this type of sale is not the first of its kind in Singapore, although it is still impressive given that we are on Covid-19 times. Here’s a list of other successful hawker sales that have taken place in our little red dot.
