Screenshots via Google Maps, @sebastianang/Instagram.
\n\nBefore the first cup of tea is even brewed and sold, S$209,000 would have to be spent just to get a store up and running, from paying rent to setting up the point-of-sale system.
\n\nThis figure was shared by local food and beverage entrepreneur Sebastian Ang in a Sep. 26 Instagram video.
\n\nAng also founded the sundry shop-themed speakeasy, Mama Diam, as well as the now-shuttered HDB-themed café, Lou Shang.
\n\nAmacha is branded as tea rooted in Traditional Chinese Medicine principles, with recipes refined to suit modern palates.
\n\nIt currently has five stores around Singapore.
\n\nCommenting that the total initial capital required might "surprise you", Ang broke down the numbers needed to open one of Amacha's stores.
\n\nFirst, there's rent, which comes in at about S$15,000 a month.
\n\nAdding up the required three-month deposit plus first month's rent, it totals S$60,000 upfront.
\n\nThen, renovation. Carpentry for shelvings and counter tops cost around S$15,000.
\n\nS$10,000 went to flooring and tiles, and another S$10,000 went to works on walls around the store.
\n\nElectrical works, plumbing, ceiling works and air-conditioning came in at about S$50,000.
\n\nAs for equipment, an automated tea-making machine cost S$10,000, while a gelato machine…
Original source: https://mothership.sg/
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