1. Delia Memorial School (Hip Wo)
Project Learning D_Group02

2. Opening a Food Truck: Mexi-Kong
Starting Our Own Business
Opening a Food Truck:
Mexi-Kong

3. Members
29_James (Leader)
12_Dreisty
15_Kin Wah
25_Naser
32_Manh

4. Content Introduction Reasons for this (topic) Research & Findings
    i. Questionnaire
    ii. Site visit
    iii. Market Study
4. Implementation
5. Conclusion/Reflection
6. Sources

5. Introduction Name of business -Mexi-Kong Our objectives
      Daily objective
 Earn atleast HKD$3000 per day
       Long-term objective
 To gain profit within the first 6 months of operation

6. The Reason For Starting a Food Truck Business
Able to sell a variety of food types
Not much competition
Convenient
Easier to maintain
More affordable
Introduce new cuisine to the people

7. Aims of Research Choosing which location for the food truck
How much capital we would be needed
Find out if locals or tourists know about Mexican fast food
How much people should pay for their food

8. Research Methods Part 1: Questionnaire
20 People interviewed in Central Harbourfront
Age groups within 11 to 36+ years old
Local and Tourist

9. Research Methods Part 1: Questionnaire

10. Research Methods Part 1: Questionnaire

11. Research Methods Part 1: Questionnaire

12. Research Methods Part 2: Site Visit
Primary information: Visited Central Harbourfront and The Peak on the 15th of April

13. Research Methods Part 2: Site Visit (Location Comparison)
Central Harbourfront
The Peak
Pros:
Tourist attraction
Easy access
Performances
Atmosphere
Events
Cons:
Less tourists
Pros:
Tourist attraction
View
More tourists
Cons:
Not easily accessible
Inconvenient

14. Research Methods Part 2: Site Visit
The place we have chosen is!
Central Harbourfront

15. Research Methods Part 3: Market Study
Primary information: Visited "Pineapple Canteen" and "Cali-Mex" on the 15th of April

16. Information on our food truck:

17. Implementation: Food truck
HKD$272,344
11 am – 10 pm (10 working hours, 2 hours break)
7 days a week (Including Public holidays)
2 Chefs and 1 cashier will be working in the food truck
Food truck will contain:
Refrigerator
Stove and oven
Counters
Air conditioner
etc

18. Implementation: Floor Plan
Kitchen
Counter
Refrigerator
Sink
Cabin
Size: 16.9 square meters in total
Oven
Stove
Cabinet
Counter

19. Implementation: Menu
19 products
7 set meals
5 side dish
7 beverages

20. Implementation: Menu

21. Implementation Promotion
A poster
Have special offers during holidays / specials event

22. Implementation Website
Brief information
Menu
Contact Info

23. Implementation Expenditure
Sunk costs:
Total sunk cost: $284, HKD
Operating costs
Total operating cost: $42,397HKD
Running costs:
Total running cost: $57,460 HKD
TOTAL CAPITAL: ~3,780,000 HKD

24. ESTIMATED REVENUE & TOTAL PROFIT
TOTAL ESTIMATED REVENUES OF SEPTEMPER: $144,735
TOTAL EXPENDITURE
TOTAL ESTIMATED REVENUE
TOTAL PROFIT/LOSS
$3,780,000
$144,735
-$3,635,265 HKD

25. Estimated Profit after 6 months
Total Expenditure after 6 months
Total Revenue after 6 months
Total Profit after 6 months
$883,264.27
$1,077,690
$194,425.73

26. Conclusion/Reflection
Looks easy at first
Turned out to be difficult at the end
A lot of workload needed for this project
The food truck business is very challenging

27. Sources
food-trucks-turn-local-fare-boost-business-some
kong-food-truck-scheme-operator-pulls-out
success-hong-kongs-food-trucks-hit-road
community/article/ /hong-kong-food-trucks-see-mixed-sales-after

28. Thank you for listening!