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Tak Punya Pewaris, Kakek Pedagang Sup Ikan Ini Akan Jual Bisnisnya Senilai Rp9,1 Miliar

Does Not Have an Heir, This Fish Soup Merchant Grandfather Will Sell His Business Worth Rp9.1 Billion

Dream - Singapore has many legendary dining places with loyal customers. Like in the Amoy Street Food Centre area, there is a shop selling fish soup or Bubur Ikan Pao Jiyang that has been standing for 54 years. However, unfortunately, the shop owner named Yar Choon Phiow, who is 79 years old, has chosen to sell his business. According to AsiaOne, the grandfather is currently looking for someone who is willing to buy his shop for SGD700,000 - SGD800,000 (Rp8 million - Rp9.1 million).

This information was obtained from a Facebook post on Friday, October 13, 2023. The decision was made by Choon Piow due to considering his poor health.

Tak Punya Pewaris, Kakek Pedagang Sup Ikan Ini Akan Jual Bisnisnya Senilai Rp9,1 Miliar

The following is the translation of the provided text from Bahasa to English while preserving any HTML tags: "Seller of elderly food said to Shin Min Daily News that despite his business growing rapidly, he has no choice but to sell his business due to exhaustion. In early May 2020, Choon Piow suffered from heatstroke which resulted in a lung infection. This caused him to easily become short of breath, especially when he works quickly during busy hours at the kiosk."

Tak Punya Pewaris, Kakek Pedagang Sup Ikan Ini Akan Jual Bisnisnya Senilai Rp9,1 Miliar

"To overcome this, these street vendors shorten their opening hours and their kiosks are only open from Friday to Sunday, from 11 am to 3 pm."

"Tak Punya Pewaris" translates to "No Heir" in English.

Although Choon Piow has a younger brother, Yar Choon Niong, who used to work with him, Choon Niong also faces physical difficulties in continuing the business. This snack seller also has a daughter, unfortunately, she will not take over the business as she has her own career. However, if this elderly trader cannot sell it, he plans to close his stall forever.

               

"Legendary Shop"

Choon Piow is the first-generation owner of this business and has been running it for 54 years since he was 25 years old. Bubur Ikan Pao Ji first started in 1969 as a simple pushcart along Hong Kong Street and in 1983, this cart was one of the first carts to move to Amoy Street Food Centre.

Kedai Legendaris

In an interview with Timeout Singapore in April 2017, Choon Phiow revealed that the life of a street vendor is not a glamorous one, especially with long working hours and difficult customers. "Tell everyone: don't work in this industry," he said.

Other elderly food vendors are also trying to sell their businesses. Last week, it was reported that Phua Gek Sia, the owner of the famous Michelin Bib Gourmand brand, To-Ricos Kway Chap, was trying to sell his recipe as he plans to retire. Speaking to AsiaOne, the 70-year-old food seller said that he made this decision because of his advancing age. "Retirement is not actually my main motive. But I am not getting any younger, I want to [sit] in the backseat and have strategic investors to help develop the business," Phua Gek Sia explained.

"As we know, a shortage of labor has always been a problem. Especially for street vendors, we can only hire local people and PR [Permanent Residents]. And for kway chap, this job involves a lot of organ [meat] cleaning, which is not something that many people like," she said. "If there are no buyers, Gek Sia will still continue working but with reduced working hours."

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