10 Good Reasons to Just Do It!
Concession trailers are the “IN” thing right now. The mobile food business is booming and there is no evidence of it slowing down…and why should it? It’s a great way to earn a good living, be your own boss, move around and be in a new place meeting new people any time you feel the urge!
But before you blindly jump in, realize that success is not always guaranteed. There are traps and pitfalls and it still can be risky, as it is with any new business.
Why am I telling you this?
Because running a concession trailer is just like any other business…you have to do your research and think things through. Yes, it’s true that it’s less risky than many other businesses. And it’s definitely less risk than a full brick-and-mortar restaurant would be, but there are still things you need to do in order to be successful.
There’s paperwork and requirements to meet, perhaps even a required course before getting certified with the Health Department. And a concession trailer usually requires a vehicle to pull it and that requires a big place to park it on city streets and a place to store it when not in use. The usual length of a trailer is 6’ to 8’ wide. That’s a pretty big parking space!
Then you have to consider insurance, hiring employees, finding suppliers, financing your concession trailer, and setting aside some money for marketing and advertising.
So do the groundwork necessary to know what you want and know what you will be dealing with. The better prepared you are, the better chance you will have success.
SIDENOTE: You have to be savvy in the marketing department if you want to succeed. But that’s not as hard or as expensive as it used to be. Now everyone is on every social media property there is, so just focus on building your own social media empire and food junkie following to help get your new business off the ground!
But let’s get on to the good stuff…
Once you get your concession trailer business going, you can then buy you a fleet of them and place them all over town so you can dominate the market and build a strong brand and presence.
Another great thing about concession trailers is that if business dries up in one place, you can pick up and move to another. They’re most popular at fairs, sporting events, carnivals, and flea markets. They’re also a wonderful addition to have around building complexes, construction sites and factories. They’re quickly becoming a hit for private parties and wedding receptions, as well!
Now for those 10 Good Reasons you should open up your own concession trailer:
Top 10 Benefits of Owning Your Own Concession Trailer
- Low startup cost and low overhead (can be as low as $2500 if you start with a small cart.)
- High profit margin – you can have a great income working only when you want! The average concession trailer owner can make $45,000 – 65,000 depending on your location, prices, menu and how often you work.
- Concession trailers and food truck businesses are here to stay. The business is growing more and more each day, so if this is your passion, you might want to get in while you can – before all the good spots are taken in your city.
- A huge variety of food items to serve – choose your own menu! You can go with traditional concession foods like elephant ears, popcorn, fried pickles, hot dogs, corn dogs, hamburgers, boiled peanuts, cotton candy, nachos, chocolate covered bananas, funnel cakes, falafels, candied and caramel apples, and fried turkey legs, or you can go with something totally different, wacky and unique. The choice is all yours!
- Customers pay on the spot with cash or credit cards – no waiting every two weeks for a paycheck. If you need more money, work more often and add new items to your menu!
- You can create a loyal fan base and easily advertise online with Facebook and Twitter
- You can change your menu or add/subtract items with ease
- You’re free to move your location or change your route anytime you like (as long as it fits within your city’s restrictions and your permit allows it)
- YOU are the boss; you can make your own hours and take off when you need to!
- You don’t need a lot of experience! Just do your research, make your plans, practice your menu items until you have them perfect, and connect with those that know what to do and how to do it for extra guidance and support!
Ok, so I told you that I would give you 10… but there are many others!
For example, you can easily sell your business if and when you decide to get out. Since you are the boss, you can make your own decisions, like deciding when to work and when not to. You will have fewer employees, less overhead and less headaches than the brick-and-mortar restaurants have. Not to mention less building expenses, less food and supplies to maintain and prepare. And you won’t be paying a high rent for a big building and get stuck with a contract or a business you hate (but can’t easily get out of!)
I know it will be hard work getting it going in the beginning, but you can do it! You can make a go of this concession trailer business with a little determination and strong willpower to see things through. You’ll have problems to solve just like in any business, but with good planning and foresight, you can really prosper and have a lot of fun doing it.
So, are you ready for a new opportunity? Are you ready to be in charge of your life, to do things your way, to make the rules and make your own money? If so, then running your own concession trailer may be just your thing!
If you want to get a head start and some professional advice on how to do it right the first time, Click here now and get instant access to the FREE video series we have created that will reveal the experts’ secrets on how to start a profitable concession trailer on a shoestring budget.
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