For so little start up cash, you could really start generating a fantastic income in a very short space of time. Another great thing is that it’s a cash basis business, so you won’t have to worry about people not paying you for months on end, but really – what can you earn…
A single person running a single cart – you can generate $500 or more a day if you have the right location. The cost of running your business including your propane tanks and stock is 30% of your income. This means that you make a pretty good profit of each and every hot dog that you sell and as there are over 60 hot dogs eaten by each US citizen every year – there’s no end to the customers. – You’ve just got to be in front of them!
Keeping Costs Down!
If you want to keep your costs to a minimum and still maintain excellent quality, then its a good idea to get a little insider information.
There are ways to get yourself a free concessionary kitchen as well as being able to find quality produce at a very low price. You can reduce the cost of your cart purchase by knowing where to look and what to look for and of course, you need to have a quality product with additional produce available for your clients to buy.
Getting Profits Up!
Knowing how to upsell, and knowing which licenses and permits you need without having to do all the research yourself is definatley going to cut your learning curve right down. There are guys in the industry that are making $300,000 a year from hot dogs, so can you and I
Once you have the proper documentation, the secret to selling success is being able to meet your customer’s expectations and the quality of your hotdogs. For more information, read it all here: http://www.uscarts.net/owners-guide/tips-for-success.