Keep aside around $300 for this depending on what you sell. Your food costs are ongoing running expenses and you must always have a budget for it. If customers can’t get food that tastes great and looks appealing, they will not eat at your stand. No matter what you sell at your stand, from hot dogs and burgers to cotton candy and pretzels, you will need to offer the best. One of the largest expenses, and probably one of the most important, is the food. Note that you may have to pay up to $8-$10 per hour for a single employee. This will give you a way to cut your costs, while still giving you extra help.
#ONE NIGHT STAND GAME MOBILE FULL#
Therefore it might be a good idea to offer only part time work in the beginning, which costs much less than full time employees. Take into account breaks, time off and vacations and you could find yourself paying a lot for full time help. While you might be able to own and operate a small concession stand on your own, most stands will require at least two or three employees. Note that sure supplies are one of the things you have to replenish on regular basis, so you have to keep a regular budget for it. If you do skimp on quality, your customers will certainly notice and that is something you would rather avoid.ĭon’t overspend, but don’t buy bottom of the barrel goods either. Good quality napkins and straws don’t have to cost a fortune, but can make a difference. But you do not want to skimp on these items. The supplies used at your concession stand can eat up a substantial portion of your budget. You may have to budget close to $5,000 to get standard equipment, depending on what you want to sell. This can make running your business easier and more profitable in the long run. Spend money on the proper equipment and keep it clean and well-maintained. Old and dirty equipment is not appealing, and it could hurt your business. In most booths, customers can see the equipment as you cook, so you may want to use high quality, durable equipment whenever possible. The equipment that you use behind the scenes is just as important as the booth itself.
Some of the costs concession stands need to note are It’s important to keep in mind that different types of concession stands serve different types of food and will therefore have different operating costs. To be successful, you will need to consider all of the various costs involved in running this business. Remember, with a concession stand you can always start small and grow. However, with the right approach, and the knowledge of what you will need to get started and to succeed, you can get things up and running with less cost. These costs may appear to be too meager and fool the entrepreneur, who would only realize himself when he is in trouble. Some people get into the concession business believing it to be an inexpensive way to start a business, and thus they neglect the costs associated with running this sort of business. The Estimated Cost Breakdown for Running a Concession StandĪ concession stand is a full-fledged business, and as such would require some financial commitment to run it to profitability. Concession stands are quite profitable and they can turn up to a 94 percent profit on foods like cotton candy, shaved ice and popcorn. You could even hire someone to man the stand for you, at $8 – $10 per hour you’ll easily cover the cost of that person’s salary with the huge markups you’re making from the menu.Ī concession stand owner who works 300 days a year and sells 100 orders daily at an average of $5 an order can expect to make around $37,000 a year. If you’re looking to make some money, whether it’s for fundraising, charity or your own pockets, concessions are a great way to go about it. And more than that, you need to know what it takes to run your business on a daily basis. Whether you want to run one mobile concession stand, or turn your business into a nationwide franchise, proper marketing, inventory control and equipment can make your dream become a reality. Very little overhead outside of the traveling trailer is needed. A mobile concession stand just arrives a location, sells and leaves. Sporting events, concerts, fairs and corporate family days are some of the events they make most of their sales at. Mobile concession stands have the advantage of traveling to where customers congregate and make their sales there. Concession stands are vending stands where snacks and drinks are sold from, typically to an audience in an event location. Do you want to start a concession stand and want to know the cost? If YES, here is a cost breakdown to open and run a concession stand and the profit margin.
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