Why You Should Consider Starting a Concession Stand Business
Business Overview:
If you have a passion for food and enjoy pleasing people’s palates, you should consider starting a concession stand business. Whether you’re a chef wanting to get out on your own or a home cook with a fantastic new idea, there is plenty of room in this industry for new talent. Food concession stands are a popular new trend in cities all over the world representing sales of over 10 billion dollars. Not only is a mobile cart less expensive than renting a fixed space but you can move where the customers are and the location possibilities are endless. You can set up your concession stand at a county fair, outside a sporting event, in the park, on the street, or any number of other high-traffic venues. Some concession stand owners love to set up on the beach or at beautiful luxury tourist resorts so that they can enjoy the sun and laughter all day long while they sell their food. Supply costs are low because the menu is small. You can work when you want to, take vacation when you need to and really enjoy your work for a change. You may find that your business is so successful that you soon have an entire fleet of concession stands with many people working for you. This mobile food business idea is hot and this is a wonderful opportunity to take advantage of it.
A Day in the Life of a concession stand business owner:
A typical day for a concession stand business owner will begin with a check of your schedule. If any large events are taking place, you’ll want to get your stand ready to roll. Take inventory to see if you need to replenish your supplies. If you have vendors working for you, touch base with them to make sure they’re setting up in appropriate locations. Finally, you will get your stand on the road, set it up in a high-traffic area and wait for your hungry customers.
About Your Customers:
Your customers will be hungry passersby at various locations like county fairs, concerts and sporting events. You will also sell to hungry business people and tourists passing by on the street.
What You Need to Start:
- Food truck, cart or stand
- Cell phone
- Generator
- Food supplies (dependent on your products)
- Licenses and permits
- Computer with finance software
The Good:
- No experience needed.
- Start up costs are low.
- You can work when and where you want.
- This business is recession proof.
The Bad:
- Inclement weather can play a role in the success of your business.
- Being on your feet all day can be tiring.
Resources:
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