Flipper’s pancake shop 奇蹟班戟香港 in Japan debuted in Hong Kong 10 days ago. Price is 53% higher plus few-hour’s waiting time. Monthly turnover reaches HK$1.8M. Such a profitable operation!
Flipper’s 奇蹟班戟香港 is a popular pancake shop which is the must-visit venue for many tourists to Japan. It debuted in Hysan Avenue, Causeway Bay in Hong Kong about 10 days ago.
People have to wait an hour before Flipper’s opening to get seating tickets. Then come back again at designated time to queue for seating. And waited again for another hour to taste their long-awaited pancake.
Incredible patience for customers in Hong Kong!
What makes Flipper’s so popular and quick to expand overseas?
Lacrucci witnessed the opening of many dessert concepts from overseas. Some of the concepts are selling things which are nothing new but with focus on food quality. This makes the brand stand out in the crowds and make good profits.
Flipper’s HK 奇蹟班戟香港 earns HK$1.8M per month
Flipper’s Hong Kong is not providing the full menu like in Japan yet.
The chef in Flipper’s HK told Lacrucci that he is too busy and has no spare time to prepare take-away cakes, which are printed as on menu. The kitchen is now making the pancakes without a single minute for breaks.
Flipper’s HK distributes 300 seating tickets every day. Estimated spending at around HK$200 per head. Fully seated every day. Its turnover could reach HK$1.8M per month.
This turnover amount is really high for an F&B operation in such seating scale in Hong Kong. A very profitable business indeed. Kiseki (miracle in Japanese and the name of Flipper’s pancake)!
Flipper’s pancake pricing – Japan vs. Hong Kong
As far as Lacrucci knows, Flipper’s pancakes in Hong Kong are priced much higher than in Japan.
For example, the kiseki pancake, either in strawberry or banana topping, prices at HK$119 each in Hong Kong vs. ￥1,100 (around HK$78) each in Flipper’s Japan. Flipper’s pancake pricing in Hong Kong is around 53% higher than that in Japan.
Flipper’s operation sounds more profitable in Hong Kong!
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