1. You can start this business with no debt
The biggest barrier for first time entrepreneurs is typically a lack of funds, or a fear of debt. In any business there is some possibility of failure and no one wants to risk bankruptcy. Something as simple as a fast food restaurant, or clothing boutique will require most people to take out a large loan.
Snow cone stands are a business than you can begin for as little as $5,000 and as much as $20,000 depending on how how thrifty and smart you are with your purchases. If you are a 1st time entrepreneur this can be a great way for you make a go at owning your own small business without risking your life savings.
2. You can run a snow cone stand in your spare time
If you work a regular job like many of us, then this may be the perfect side-project. Once you are up and running then it's not that hard to hire kids to work days and then take care of everything else during at night. The stand I had recently was worked by high school kids during the day and weekends. I then paid a friend to handle rent and payroll as well as making syrup/ice and inventory. I was personally putting in only a few hours per week.
3. Snow Cone Stands have great cash margin
The price of a snow cone will normally range between two and four dollars. The cost of goods sold for a snow cone should be very low. They typically include ice, syrup, cup, spoon, straw and napkin.
When you buy supplies they should cost no more than 20 or 30 cents per snow cone. At this point you have gross profit of anywhere from $1.75 to over $4 for each snow cone. Then you simply need to sell enough to pay for the month’s labor, rent and utilities.
For more information about starting your own
snow cone stand, check out
TheSnowConeStand. We are the #1 website for everything you need to know to successfully and profitably operate your own snow cone stand.
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