Restaurant Owner Salary in Kota Kinabalu, Malaysia (2024)

FAQs

How much does a restaurant owner make in Malaysia? ›

The average pay for a Restaurant Owner is MYR 41,566 a year and MYR 20 an hour in Malaysia. The average salary range for a Restaurant Owner is between MYR 31,590 and MYR 48,383.

How much restaurant owners make can be as high as $333,000 and as low as $19,500 per year. According to ZipRecruiter, the majority of restaurant owners earn between $45,500 and $100,000, with the average restaurant owner's salary just over $97,000, which equates to roughly $47 an hour.

While ZipRecruiter is seeing salaries as high as $349,813 and as low as $20,485, the majority of Restaurant Owner salaries currently range between $47,797 (25th percentile) to $105,049 (75th percentile) with top earners (90th percentile) making $275,228 annually in Los Angeles.

An entry level kitchen helper (1-3 years of experience) earns an average salary of RM24,328.

As a general rule, one-third of a restaurant's revenue is allocated to cost of goods sold, and another third to labor expenses. The remaining revenue must cover overhead expenses like utility bills and rent. Once all expenses are paid, restaurants are typically left with between only 2 and 6% in net profit.

A good rule of thumb for the average restaurant profit margin is between 2% and 6%. In its first year, the average full-service restaurant in the US can expect to make approximately $112,000 per month in total revenue. This means costs need to be around $106,000 per month to make a decent profit.

“The annual pay of a restaurant owner can range from $30,000 to over $150,000, but the average restaurant owner's salary is in the middle of those two extremes. A restaurant owner's annual income is typically around $90,000.”

The average profit margin for a restaurant is around 3-5% and 2-6% for fast food or casual restaurants. However, this can vary widely depending on the type of restaurant, location, and other factors.

Fast-food restaurants are some of the most profitable types of restaurants because the food is quick to make, the ingredients don't cost much, and customers love a good fast-food meal.

A restaurant owner can become a millionaire. Success in the restaurant industry hinges on factors such as location, cuisine quality, customer service, and effective business management.

How do restaurant owners pay themselves? ›

How do restaurant owners get paid? Some restaurant owners work their salary into their business model so that they will get paid right away. Others pay themselves a percentage of the restaurant's profitability once it starts creating a positive cash flow, which could take several years in some cases.

For starters, you get to be your own boss and take control of your destiny. You can create an atmosphere where people enjoy coming in to eat your food and have a great time. Plus, you'll be able to boost the local economy by providing jobs for local residents and keeping money flowing through the community.

Waiter Salaries in Malaysia

The national average salary for a Waiter is RM 1,700 in Malaysia.

New investors do not have idea of investment capital when start restaurant business in Malaysia. Let guess minimum budget of RM 20,000 to RM 40,000 may need to establish a restaurant business. Provided that, budget vary upon business location. Location: Location is the most important for starting a restaurant business.

For 100% foreign-owned company, you will need to apply for Wholesale, Retail Trade License to approve your entity. Such license will only be granted to a restaurant of “unique'” concept and with size minimum 1,500 sq ft.

The average salary for Business Owner is MYR 68,307 per month in the Kuala Lumpur, Malaysia. The average additional cash compensation for a Business Owner in the Kuala Lumpur, Malaysia is MYR 59,807, with a range from MYR 57,787 - MYR 61,827.