![]() in Columbus, Ohio, a cart design and manufacturing company. Determine your needs before ordering a cart, advises Jeffrey Morris, president of All A Cart Manufacturing Inc. There are carts for specific types of food, some with refrigerators, grills, steamers-even small ovens so you can bake on location. Items such as jewelry and crystal require a greater investment than, say, hot dogs.Ĭarts come in many sizes and styles with varying capabilities. Additional start-up costs depend on your merchandise. To Riches: A Step-by-Step Guide to Start & Operate Your Own Mobile Cart Vending Business. "Kiosks start higher than carts, usually $9,000 or $10,000," says Denise Clark, author of From Dogs. Wally Rizza, owner of several carts in high-profile locations like the Irvine Spectrum Entertainment Center in Irvine, California, pays more than $2,000 per month for rent on each of his five carts. Some malls charge a percentage of your sales in addition to monthly rent. The cost of leasing depends on the season and mall traffic volume but is usually at least $800 per month for space and a cart, and can get very high in a good location. In malls, you generally lease a cart from mall management. Whether you lease or buy a cart depends on your product and location. He says you'll spend at least $600 per week for rent. "The least expensive option is to rent for a short time and see how it goes," says Bruce Stockberger, owner of Stockberger Marketing Associates, a North Palm Beach, Florida, small-business marketing firm specializing in cart, kiosk and Internet marketing. Options for starting a cart or kiosk business include opening a permanent location in a mall and leasing a cart buying a cart to use for outdoor events or on street corners or renting a cart short-term. The most popular site for a temporary operation is a busy mall, but many operators are also finding success in airports and other transportation facilities, at sporting events, and at other creative venues limited only by their imagination and ability to strike a deal with the property manager. For example, a specialty candy shop may open just before Christmas, remain open through Valentine's Day, Easter and Mother's Day, then close for the remainder of the year. These temporary locations can also work well for seasonal businesses that only need to be open for a limited time. This arrangement makes it easy for entrepreneurs to "come in, try it out for a month, and if their product isn't working, shift to a new product line or close up shop and move to a new location," Norins says. SPACE FOR RENT FOR BUSINESS CLARKSVILLE INDIANA MENU LICENSELicense agreements for carts and kiosks are shorter and are usually renewed every month up to one year depending on the location. And today, carts and kiosks are a $10 billion industry.įlexibility is another advantage to staying small. The upfront investment for a kiosk or a cart ranges from just $2,000 to $10,000, according to Patricia Norins, publisher of Specialty Retail Report, a quarterly trade publication for specialty retailers. While the costs of establishing a permanent retail location can be steep-you may spend up to $100,000 or more, with leases spanning three to 10 years-carts, kiosks and temporary spaces can be an easier way to get a foot in the door with a lot less risk. The good news is, retail spending has remained strong through the economic ups and downs (it totaled about $3.58 trillion in 2002, according to the U.S. "I'll only get crushed." But these days, your small size could save your business. In a world dominated by big-box retailers, wanting to start an independent retail business probably feels a bit like David battling Goliath.
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