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Cozy's avatar

The high operational costs is a compulsory from the very beggining ( even when the day it was founded), why the collapse didn’t happen before?

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MIHF's avatar

1. The location doesnt always guarantee success. Putting the restaurant at a place with high flow of people doesnt always mean the business will be successful

2. High operational costs are a significant factor. The high rental costs of the place caused them to shut down

3.Shifting in consumer preferences - and food safety incidents. these two factors have caused a decline in brand reputation

4. High pricing - competition with lower costs take over and cause customers to shift over to them

5.They relied on brand recognition, they didnt really customize and adapt to what the singaporean customers want

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