Starting a concession stand business can be a lucrative endeavor. It has low start up costs as well as low overhead; and it also allows you to work whenever and wherever you choose. If you are planning on starting a new concession stand business, there are some things you must consider first. Here are some good tips to help your new business become successful as well as things to prepare for that may impact your business.
You will need to research what licenses and permits are required for you to set up your new concession stand business. First, in order to operate your business, you must obtain a business license. You can easily apply for one online. You cannot just set up anywhere, so you will need to find out which areas are zoned for your style of business. Since you are serving food, make sure you check with your local health department for any requirements they may have. You must also obtain an insurance policy for your business. Having your own business is a liability, so make sure to protect your customers as well as your assets by purchasing a good insurance policy.
Beyond what licenses and permits you will need to setup your mobile concession stand, make sure to consider what fees will be required to operate your business. If you plan to have a permanent spot, you will need to pay a monthly rent to the landowner for your location. If you plan to set up your concession stand at an event or venue, you most likely will have to pay for the space. Just make sure you know what you to expect.
Weather can make a big impact on your business. Inclement weather can prevent you from being able to set up your stand which keeps you from being able to service your customers. If you can’t service your customers, you will not make any money. Even if you decide to weather the storm does not mean that your customers will. Staying abreast of the weather is obvious. Download a phone application that tracks the weather on a real time basis that you can best predict its outcome. Look for places to set up where weather is less of an impact. Weather can also impact your products and equipment. High heat and direct sun can damage your equipment as well as ruin your perishable items. Consider your climate and how it will affect your set up, and plan accordingly.
When creating your menu, choose foods that are easy to prep and execute. A concession stand is very high-paced, so you need to offer foods that have a fast turn around time. If you have food items that you can go ahead and prep beforehand so that all that you need to do is flash cook and finish it. Also think about your customer when decided on your menu. Most of the time, they are on their feet and on the go. They may only have one hand available for eating, so make sure that your foods are easy to hold and easy to eat.
If you need equipment for your new concession stand venture, contact American Concession Supply, a trusted brand in the Denver metro area.
American Concession Supply
2450 Airport Blvd. #F