Absolutely new to the industry but am considering purchasing two shaved ice stands in a small city in the Southeast. I've researched and Googled more than I care and am amazed by the hype via the internet these days. There is massive , redundant information, profit and loss, business plans, trailer's for sales, kit's etc.
Call me a Doubting Thomas, but when I see that much spam info out there I begin to wonder. All I want are legitimate answers to various questions before I take the plunge full time into the shaved ice business! This is the first forum-type information source I have found and I thank the owners/developer's of this site for this excellent resource.
My scenerio:
Shops: 2
Comuunity size: Appx. 50,000
Competition: 1 other shop
Locations: Both shops will be located within heavily used city parks. One close to volleyball, playground, soccer, and baseball fields. The other close to softball and a spray park
Planned menu offerings:
- Shaved Ice: kiddie, small, medium, large
- Soft Pretzels: 4 choices
- Soft drinks / Lemonade
- Packaged peanuts or other salty snacks
PLanned operation hours 11:30am - 8:oopm Mon-Sat, 12:30pm-6pm Sundays
Background: The two shop in question of being purchased were open appx 4-5 hours/ day, sux days per week last year. They normally closed by 5:30pm. Combined sales of the two shops from April-July were jusy under $35,000. Shaved ice was the ONLY menu item.
Basically, I am seeking to be the only concessionaire within the city's two largest parks.
I see the opportunity as very feasible. However, I am also very aware that food/restaurant businesses come and go about as quickly as a snowcone can melt on a blistering summer day in the South!
As there are two stores, I would need two part-time employees to cover the 2nd operation. I would use teenage help during busy hours. My goal is to keep wage expenses under 40% of sales.
I feel I need to average $300/day in sales per location.
With the above details advised, do any of you long-time shop owners have any suggestions or advice. I would love to know average daily sales figures from any of you that may care to share. What times of the day are best times, etc.
Thanks in advance.
