SHOPS FOR RENT IN PATNA Mr. Kumar started a franchise coffee outlet of a brand in Patna . Though coffee drinking is not a part of Bihari lifestyle; he was confident of winning the young crowd of Patna. From the first day on wards what irked him was the high rental that he was paying for the space and the large security deposit that was asked for the same. The rental and electricity bill constituted 60% of his fixed overhead costs. He paid Rs. 65000 for his 800 sq ft outlet. Maintenance and electricity charges took it to around Rs.85000 on an average monthly. This recurring fixed overhead cost has taken the lead time for breakeven from usual 8 months to unbelievable 2 years. And now the landlord/owner of the place feels that the rent be further increased as his business is running well. The truth is that he is yet to break even and the summers are around and there will be dip in his business and at the same time the electricity bills due to air conditioning cost will incr...
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