Recession proof busines - KOUFU

SGX:VL6   None
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So, we are now allowed to dine in larger groups of 8 pax instead of the previous 5. That means a two families of 4 can have gatherings together over a meal. And that means a lot to the people here who had been inconvenienced by the previous 5 pax rules. Imagine going out for a dinner gathering and having to sit in separate tables.

Thus, I am anticipating more traffic for food businesses like KOUFU. If you go to most malls on weekends, you would see not only throngs of people but almost all restaurants have queues. People are spending more money as if to catch up for lost time.

Plus, we are now into a brand new year , 2021 and working adults who previously work from home may be required to return to office. And Koufu is one beneficiary of the working lunch crowds. Not forgetting the increasing trend of taking away food delivery as well.

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