I know it's only January, but I can't help but think of the upcoming summer. The most important thing for me is getting a good job that will facilitate my entry into the 'real world' after school - being a cashier at a liquor store will not do this.
Lately, I've been thinking of going on a completely different path and starting my own business - a hot dog stand business! Apparently, with a little investment money, you can make a sizable amount of money over a summer. I've read stories of numerous hot dog vendors who make about $100,000 a year. Crazy, eh?
So the next few steps for me are to look into getting a health license, a business license, and a hot dog cart. The city in which I live is very tourist-y in the summer. Apparently it doubles in size. I believe I could make a nice chunk of change by hitting the beaches during the day and the clubs at night.
I worked out some of the math. Selling 1 hot dog every 5 minutes for $5 would generate me about $50/hour profit. If I work 8 hours a day, I think I could make some good money. Maybe I'll even pay off my massive student loans.
My question to you guys is, do you know anybody who has successfully run a mobile vending business? What do you guys think of my plan?
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22 comments:
Could be a cool way to go. You just have to set yourself apart from the other vendors.
Not surprised. Especially if the vendor is in a busy city!
Thanks for stopping by my blog.
I suggest doing something that doesn't involve payment from a business. Try to do household chores for people and have them pay you. I plan on mowing lawns over the summer. If you have a talent become a street performer. Or beg for money.
i guess then start sellin dem weiners boy.
I've been out of school for almost a year and still trying to find my real job! good luck...with the jobs/hotdogs
Good Luck
i dont know anyone, but i would definitely give it a try
Good luck on your new venture!
I've eaten from many a mobile vendor, and all I can say is that it is competitive and all about location and repeat business.
Nothing like being on the corner of a busy street and having someone know exactly what type of food you want!
no related, but lol at the poll results
Don't know any1 in the business but sounds like a good plan. How much do you have to invest?
I think running a hot dog cart would be really cool! A big cart where you can sit down and have 1 other person working with you would be awesome too. Great blog; following :)
lol at whoever said you should do chores over the summer.
Haha this is awesome! I never knew they could make THAT much money. But sorry I don't know anyone who's done this!
Good luck girl!
Good luck
I want a job :(
That's a pretty tasty profit margin. I hope it goes well for you!
Dammit, now I want a hotdog.
Certainly is something to look into. Really have to see if there is any competition in your area and how much of the proverbial "pie" you can get.
i wish i can make that much dough in a year..
if you don't mind the discomfort of standing outside near a heat source during the summer, go for it.
being a young woman instead of a middle-aged man will set you apart and attract customers.
Dude, Hot dog stands are awesome. You can make a lot of contacts that way.
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