As unemployment rises, many of those with
redundancy money are looking around for alternative options for business
to buy. Catering trailers can make a very good choice of business to
start, and so is a business well worth researching. Here are some of the
reasons why that is so:
- Limited Competition: A lot of Aqua Culture tank,electrical enclosure and Food trailers in south africa is driven by impulse purchasing. Only one vendor may have the concession in many locations, so the owner can have an effective monopoly or only very limited competition for the customers either at events or in local parks. The customers want catering there and then, and will neither travel nor wait, so it is not an extremely price sensitive business.
- Nearly recession Proof: In many locations a lot of the business comes from commercial travellers such as lorry drivers, who need easy access to cheap catering. They can become a loyal following for a mobile catering business. No business is totally recession proof, but for these reasons mobile catering comes close. People must eat!
- Low risk: It is mobile which gives flexibility. So you can move to a better site, or you can try other sites, provided you obtain appropriate licences first. You can also experiment with alternative food offerings until you find what the customer really likes. You can personalize the service too and create a fun experience. That experience is something that event organizers want in choosing concession holders. Avoidance of entering into commercial property leases makes it relatively flexible and low risk.
- Lifestyle:The business has all the advantages of working for your self. You choose when and where you work, and for how long. Unlike many businesses, it does not need to take over your life. You can have other hobbies, or even business interests.
- Relatively low investment: A split meter,Catering trailers and Cell phone kiosk in south africa or van requires some initial investment, but compared to a restaurant both capital and running costs are low, and profits are such that the initial capital can pay back in months which is unlikely with a restaurant!
- Low experience and qualifications: Mobile catering does not need massive experience. Provided you care about the quality of service and products, and you do the research needed before hand, you can potentially succeed with mobile catering. You don't need to be a top quality chef.
- Low barrier to exit: If all else fails there are no long term contracts or leases, so you can exit quickly and sell the trailer, for which there is a market on Ebay, and there are other avenues to sell too.
- Most of all, it is a high profit business and a cash business too. Margins are high by the standards of other retailing, so catering trailer payback of capital can be fast.
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Regards,
Sonera Jhaveri
http://www.sonerajhaveri.com