Thread: The Ham Place
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Kswck Kswck is offline
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Default The Ham Place


"Bob Terwilliger" > wrote in message
...
> Sheldon wrote:
>
>> NYC is famous for its street venders... there's a guy near where I live
>> that runs his one man operation eatery from a trailer, he nets
>> $200,000/yr selling nothing but hotdogs, fries, and soft drinks.

>
> Okay, let's do the math:
>
> Start out with the statement that the guy nets $200,000 per year.
>
> Let's assume that taxes take away about 45% of his adjusted gross income.
> That would make his adjusted gross income somewhere around $450,000 per
> year.
>
> Let's also assume he makes a 200% profit on his raw ingredients, i.e., hot
> dogs, buns, potatoes, and so forth. That would make his actual gross
> income $1,350,000.
>
> So if the restaurant is open 365 days a year it takes in about $3700 per
> day.
>
> I could believe that for SOME days, but not for EVERY day, especially in
> the backwoods part of the country where Sheldon now lives.
>
> I think it's most likely that no street vendor would give Sheldon the time
> of day, let alone share data about his personal income, and Sheldon just
> made the whole thing up.
>
>
> Bob
>
>


Don't kid yourself. A hot dog stand situated near a hospital, construction
site or on a main road makes a killing. Word of mouth is priceless.
Unless you have had a dirty water hot dog, you don't know what you are
talking about.
Baseball stadiums USED TO sell them. Now it's all steamed-bleah!
Markup? Even at store prices, $2 <assuming in bulk> pack of hot dogs-8 to a
pack, at $1 each.....Do your math again.