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Only 6 in 10 F&B businesses last beyond 5 years: study

Restaurants along Nankin Row at China Square Central.


ALL those who have ever nursed dreams of opening a small cafe business in Singapore ought to know that it is no walk in the park: Only six in 10 of such smaller food and beverage (F&B) businesses make it past the five-year mark. In raw numbers: almost half the 369 cafes,