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Ho Chiu Lian beef noodle store lost 1.8 million dollars, what is going on?

Star open store news has been commonplace, the earliest there is Yang Ying opened milk tea store, now Chen He and Zheng Kai opened hot pot store business is also very hot, the star opened the restaurant business is always surprisingly good, because people want to store with the stars to have a chance encounter, so the general star restaurant is required to book a queue. The daughter of Macau's gambling king Stanley Ho and third wife Chan Yuen-chun, Ho Chiu-lien, was once hailed as ? the world's most beautiful millennial ? , although she has a rich father, but she wants to use her own hands to fight a world, so she has a different from ordinary people's endurance, many people also feel that Chiu-Lin Ho's character is very much like her father.In 2018, Chiu-Lin Ho will be the brand ? Jiuwu Beef Noodle? Introduced to Hong Kong, this brand of beef noodles are in many areas have received a welcome, and Ho Chiu-lien also see this business opportunity, so after a year of preparation in 2019, the first Nine Five Beef Noodles in Mongkok a shopping mall to open, but to date the store has lost 1.8 million yuan, and what is this all about?

Epidemic Impact

Ho's beef noodle store was opened in mid-January 2020 on a trial basis, and officially opened in February, and it can only be said that Ho's luck was really bad, because the next thing that was waiting for her was the new Crown Pneumonia that lasted for several months, and all the food and beverage industry was hit very hard. During the epidemic are not allowed to eat in the store, the people for their own safety also rarely go out, so the store rent plus staff wages is a huge expense, Hong Kong area inch of land, the rent of the store in the Mongkok area is also high scary, after a few months without any profit, a few months of loss 1.8 million would appear to be very normal.

With the gradual improvement of the epidemic, the government has gradually liberalized the restrictions to allow customers to order takeaways, but the business of Ho's store is still not very ideal, because Ho's store sells beef noodles at a higher price, so few people are willing to spend a lot of money to order a noodle takeaway, and the store sells noodles in soup, packaged takeaways will be very affected by the taste. So even with the liberalization of policies in the food and beverage industry, Pansy Ho's store is still in a constant state of loss.

Father died

May 26, 2020, King of Gamblers Stanley Ho died, and with it is the process of complex funeral. As the daughter of Stanley Ho, Pansy Ho naturally had to attend the entire funeral, so there is even less time to take care of the store. From the end of May, Pansy Ho and her family are busy dealing with the aftermath of the King of Gamblers, so the day-to-day work of the store was handed over to the shareholders responsible for the daily state of the store Pansy Ho is not very clear, only to know that the money earned each month is not enough to pay the rent of the store, that is to say, the store is still in the state of sustained losses. But He Chiu-lian for the staff is also very good, even if there is no little business during the epidemic, He Chiu-lian also did not fire an employee, she wanted to work with everyone **** degree of hardship.

This year's catering industry would have been a big blow, because the market is fair, even if the daughter of the richest man can not be spared, but the catering industry as long as the taste is good, and to give consumers a good consumer experience, then the last will certainly be profitable.