2020 proved to be an amazing year for the hot dog vendor and overall street food vendors.
Although most lost their planned event gigs, they gained new income opportunities that proved to be less risky and far more rewarding.
2021 IS BEING HUGE
As restaurants closed, cafeterias closed and vendors were picking up gigs at hospitals, testing sites, factories and more… hot dog vendors THRIVED.
Already this new year with more Covid cases and shut downs, vendors are continuing on (safely) and are reaping all the rewards.
1000'S OF RESTAURANTS CLOSING
According to the reports, last years restaurant closings will be a drop in the bucket to what's coming for this year.
· Burger King – 100's
· Popeyes – 100's
· Dunkin Donuts – 700
· Pizza Hut – 700
· StarBucks – 500
· McDonalds – 200
· Ruby Tuesday – 150+
· IHop – 150+
These are just some of the 1000's of planned closings this year. Many national chains are sitting on the verge of bankruptcy.
WHAT THIS MEANS FOR THE HOT DOG VENDOR?
Although it's sad to see others suffer, just as Blockbuster Video missed their opportunity in the internet video – Netflix happily stepped in to take over the market.
Vendors this year are going to see their incomes multiply. This doesn't mean working harder or more… it means taking advantage of the amazing opportunities that this virus and political environment has delivered.
Even a brand new hot dog vendor has the opportunity to make $8, $10 and even $20,000 a month.
WHAT RISK FOR HOT DOG VENDORS?
Sure, nearly everything in life has risk but answer me this… honestly; What business can you start for under $5k and literally turn around and make $5k / $8k / $13k – a month?
And for the few who want sell it and go back to having boss at their old “just over broke / JOB” – Carts more often than not, sell for more than a new one.
Why? Because most people that want one and find a used one, are willing to pay more to get it immediately than to order and have to wait a couple weeks