I just ran across an established hot dog cart business for sale in Bakersfield, CA.  It’s located in front of a busy Lowe’s home improvement center and has annual sales of $92,000.  Not bad.

The owner has listed this business through a broker, and it is a franchise operation, so there are some extra costs involved which bring the profit margins down to 40% which is really low (the average independent hot dog cart operator keeps 60% to 70% of profits).  The asking price is $89,000.

Good deal?  If you apply the usual business valuation formulas such as setting the asking price as a multiple of revenue or EBIDTA (Earnings Before Interest, Depreciation, Taxes, and Amortization), possibly.  But I’m not so sure.  Here’s why…

With a little bit of knowledge, you could duplicate this business almost anywhere in the country with start up costs under $5000.  With a little more knowledge, you could do it for $1500.  You would save $87,500.

That’s what I teach regular folks to do every day.  People with no previous business experience.  Would you pay $500 to learn how to do this?  (Hint: You won’t have to pay nearly that much.)

Where can you get this knowledge?  Right here: How to Start a Hot Dog Cart Business.  And in case you would rather pay 89 grand, here is the brokers contact info.

To your success,


Learn How To Sell Hot DogsClick To Take The Hot Dog Business Quiz