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Old 02-20-2009, 07:54 PM   #1
Radar
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Quote:
Originally Posted by Clodfobble View Post
A move out of California to an area with a lower cost of living is a solid idea. I'm less convinced the hot dog cart will bring in the money you think it will.

Let's see if I can convince you. Even an average place on the street will sell at least 100 dogs a day. If you make a deal where people can throw in a drink and chips for $5 (Jumbo or Spicy Dog) or $4.50 (Regular Dog). I'd charge $4.25 for a Jumbo or Spicy Dog by itself and a $3.25 for a regular dog by itself.

Let's look at costs.

Hot Dog - $.35 for regular $65 for jumbo or spicy
Bun - $.20
Condiments - $.15
Drink - $.27
Chips - $.20
==============

Total Costs for Jumbo Combo = $1.47 for a profit of $3.53

Total Costs for a Jumbo Dog = $1.00 for a profit of $3.25

Total Costs for Regular Combo = $1.17 for a profit of $3.33

Total Costs for a Regular Dog = $.70 for a profit of $2.55

Since we are worst casing this, let's say from the 100 dogs sold 50% got the combo and the rest got only the dog. Odds are it would be more than that, but we'll use that.

Let's also say that only half of the people who got dogs got the jumbo dog and the others got the regular dog.

25 x $2.55 (regular dog w/ no combo) = $63.75

25 x $3.33 (regular dog combo) = $83.25

25 x $3.25 (jumbo/spicy w/ no combo) = $81.25

25 x $3.53 (jumbo/spicy combo) = $88.25

====================================
Total Profits Per Day = $316.50
x 6 days a week = $1,899.00 per week

Let's say we take off $99 per week for other costs (napkins, propane, etc.)

This makes $1,800 per week.

If you take a month off for bad weather, days off for doctor's appointments, or other stuff....

This is $85,800 per year.

If I do some special events like high school football games, farmer's markets, etc. I'll sell a lot more than 100 per day, but hopefully this will convince you.
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Old 02-20-2009, 09:05 PM   #2
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Quote:
Originally Posted by Radar View Post

This is $85,800 per year.
In four years you'll be able to pay the cost of a one year permit for a spot in front of the Met. See post above
http://www.nydailynews.com/ny_local/..._dog_du-3.html
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Old 02-20-2009, 09:13 PM   #3
Radar
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In four years you'll be able to pay the cost of a one year permit for a spot in front of the Met. See post above
http://www.nydailynews.com/ny_local/..._dog_du-3.html

That spot is worth more than the $326k they paid. But for that kind of money, they should have exclusive rights. I believe the one who paid for the right to the spot should have exclusive access. It probably makes close to that amount of money every year.
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Old 02-20-2009, 11:17 PM   #4
footfootfoot
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Originally Posted by Radar View Post
That spot is worth more than the $326k they paid. But for that kind of money, they should have exclusive rights. I believe the one who paid for the right to the spot should have exclusive access. It probably makes close to that amount of money every year.
You'd think so, but there are about 5 or 6 carts there. The regular dogs are 2.00 and the giant ones are 3.00 as I recall. Sodas are 1.50, chips 1.25.

I'm usually there on rainy or cold days when business is slow. Sunny, warm, summer, lunch, I bet it's insane. Still, that's a lot of dogs... Next time I'm there I'll make some photos of the carts.
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Old 02-20-2009, 11:26 AM   #5
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You could visit rkzen too... maybe shack up for a few days at his place.
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Old 02-20-2009, 11:42 AM   #6
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I got it

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Old 02-20-2009, 02:05 PM   #7
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That looks strangely familiar.
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Old 02-20-2009, 11:43 AM   #8
Shawnee123
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lmao
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Old 02-20-2009, 02:10 PM   #9
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Hey with these carts, do they come with a seat, or do you have to stand all day?
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Old 02-20-2009, 07:56 PM   #10
Radar
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Hey with these carts, do they come with a seat, or do you have to stand all day?
I hope I'm so busy I don't have a chance to sit down. But I imagine I could bring a folding chair or stool for slow times. They key is to hit lunch rushes in industrial parks or do special events that are super packed.
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Old 02-20-2009, 02:40 PM   #11
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No, the cart operator justs sit on his buns all day.
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Old 02-20-2009, 02:45 PM   #12
Shawnee123
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Quick, in what movie could this be seen in the background (towards the end of the youtube.)

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Old 02-21-2009, 08:08 AM   #13
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No, the cart operator justs sit on his buns all day.
Well, Radar wouldn't want to rest on his laurels now would he?
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Old 02-20-2009, 03:32 PM   #14
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I'll help you.

Though you so don't deserve it.

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Old 02-20-2009, 08:06 PM   #15
Radar
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I'll help you.

Though you so don't deserve it.

Logo Master.

Thanks.
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