“Topping the charts is Mr Lee Chee Wee, who is the owner of Beach Road Prawn Noodle House along East Coast Road. He reportedly makes sales of $139,200 a month (max). Just by selling award-winning prawn noodles.
Coming in close in second place is Mr Hassan Abdul Kadil of Selera Rasa Nasi Lemak at Adam Road Food Centre. He takes in $122,880 a month.
Note that the figures cited above are gross income from sales alone and do not take into account the cost of goods (i.e. ingredients), rental, employee salaries, etc.”
I spoke to my friend John* who is in his 30s and recently started a stall selling local favourite chai tow kway aka carrot cake.His stall wasn’t award-winning nor did Joseph Schooling visit him but it was centrally-located and he managed to take home a typical monthly income of $12,000-$16,000 SGD. It was pretty good money to him but the long hours and working conditions didn’t work well for him and he eventually stopped the business after 3 months and went back to his previous trade.
So if you are thinking about it, maybe you should think harder considering how tough it can be to be a hawker.
And if you are thinking about tax evasion, well, you have been warned.
*Name has been changed to protect the privacy of the individual. But he did declare his income and paid his taxes, don’t worry.