Cory Lawrence had a dream of opening his own restaurant but soon found the costs to be insurmountable. A food truck was a similar obstacle with prices ranging up to $250,000.
Cory discovered an alternative that would fulfill his dreams without having to borrow hundreds of thousands of dollars and allow him a shortcut into the black side of a ledger book.
According to the Bureau of Statistics, new restaurants fail within the first 12 months. And a more recent study showed that in the first 3 years, 56% of restaurants fail. Most of this can be attributed to lack of market research, location and poor management.
Fortunately there is an easy alternative which allows a future restauranteur to test market.
Even open and test a mobile kitchen for as little as $3,000. Maybe not for everybody but definitely a solution that has almost zero risk and allows the future restauranteur to test multiple locations before investing hundreds of thousands of dollars.
Pro vendors, which really aren’t working any more than others but are securing better locations and offering catering, drop off catering and other income generators to their businesses are doing well over $100,000/annually.
Ben Wilson from LearnHotDogs.com and best selling author of Hot Dogs Saved My Life says that even though $3,000 is still an investment and for some may be hard to raise - he states it’s not a real risk.
“Most people can sell a used mobile catering cart or mobile kitchen for as much as or even more than they paid for it. Just do a search on craigslist for a used hot dog cart or mobile kitchen and you’ll quickly realize how well they hold their value. Your only real risk is the time to pursue your goals and dreams.” - Ben Wilson.
Ben has helped over 16,000 street food vendors start and succeed in vending, catering, drop off catering and many other mobile food vending opportunities.
Vendors like Cory started with a home built cart like one of these: buildacart.com for less than $900 and went on to add an enclosed concession trailer, catering cart and then a restaurant. Cory did it all within about 3 years and remained debt free.
The benefits of a mobile restaurant over a brick and mortar restaurant or even over a food truck other than just the initial risk capital required is that it’s mobile, it can go about anywhere and can serve about anything. Ben says that many hot dog vendors have switched to these new forms of catering which allow for serving an unlimited menu from an open cart.
What better way to test your skills, test your market and fulfill your dream of restaurant ownership than with a mobile catering cart or mobile kitchen? HotDogCartStore.com offers carts with grills, griddles, steamers, direct heat, sinks and and refrigeration from about $1900 to about $6000.
Take a look at Ben's course made just for our readers to download absolutely free... You can learn more about Ben’s story and download the course below
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Studies show that around 40% of the most common jobs of today will be extinct in 5 to 10 years. The world is changing, and it can't be stopped.
But at the same time, new opportunities arise, new fields of business, entrepreneurship.
The most important part it is our evolution in terms of ideology, concepts. More and more self entrepreneurship is becoming a solution for the common individual. That's what we stand for!
Mobile Food Lifestyles focus on the incredible niche and opportunity of food vending, an amazing solution for anyone out there searching for more free time, better lifestyle and financial stability!
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