How Much Do Hot Dog Stands Make
Did you know that over 95% of American households eat hot dogs? It’s not surprising to find hot dog stands and hot dog food trucks everywhere. Are you wondering how much hot dog stands make? This article will examine the different income metrics and the hot dog business insurance policies you need to protect that income.
What Do Hot Dog Stands Sell?
Hot dog stands make their income from a small variety of different products. Below are the prices you can expect to sell your hot dog stand products for.
| Product | Estimated Price for Customer |
|---|---|
| Hotdogs | $3-$7 |
| Sodas | $1-$3 |
| Chips | $1-$3 |
| Extra toppings | $0.50-$1 |
| Bottled Water | $1-$2 |
| Fries | $3-$10 |
How Much Do Hot Dog Stands Make?
The estimated profit on each hot dog sale is between $1 and $2. A typical order you might see at your hot dog stand is for two hot dogs and one drink. This means you can expect an average profit of $2.75 per typical order. While this number may seem small at the individual level, it scales up efficiently.
If you can sell hotdogs at a big event with many people, those $1-$2 of profit add up quickly. Your hot dog stand could work at a baseball stadium or cater a large event. A study found that over 4,000 hot dogs and 18,000 beers are sold at a single baseball game. Running concessions with a hot dog stand at an event like this could make you $4,000-$8,000 in pure hot dog profit every game.
How Many Hot Dogs Do People Eat Every Year?
According to the NHDSC, Americans will purchase and consume 350 million pounds of hot dogs just from retail stores alone. This translates to over 9 billion hot dogs eaten annually in the US. However, this number doesn’t tell the full story. It is harder to track the amount of hotdogs Americans eat at fairs, carnivals, street hot dog carts, parks, and other places. The NHDSC estimates that nearly 20 billion hot dogs are consumed yearly. Below is a comparison of how much people in different states consume hotdogs yearly per capita:
| State | Estimated Hot Dogs Consumed Per Capita Per Person Every Year |
|---|---|
| Alabama | 255 |
| Alaska | 207 |
| Arizona | 279 |
| Arkansas | 192 |
| California | 207 |
| Colorado | 197 |
| Connecticut | 260 |
| Delaware | 250 |
| Florida | 212 |
| Georgia | 226 |
| Hawaii | 202 |
| Idaho | 192 |
| Illinois | 317 |
| Indiana | 240 |
| Iowa | 207 |
| Kansas | 197 |
| Kentucky | 240 |
| Louisiana | 183 |
| Maine | 260 |
| Maryland | 207 |
| Massachusetts | 221 |
| Michigan | 245 |
| Minnesota | 197 |
| Mississippi | 178 |
| Missouri | 216 |
| Montana | 178 |
| Nebraska | 226 |
| Nevada | 216 |
| New Hampshire | 221 |
| New Jersey | 250 |
| New Mexico | 192 |
| New York | 221 |
| North Carolina | 279 |
| North Dakota | 183 |
| Ohio | 264 |
| Oklahoma | 212 |
| Oregon | 188 |
| Pennsylvania | 289 |
| Rhode Island | 279 |
| South Carolina | 279 |
| South Dakota | 197 |
| Tennessee | 231 |
| Texas | 192 |
| Utah | 188 |
| Vermont | 245 |
| Virginia | 236 |
| Washington | 188 |
| West Virginia | 481 |
| Wisconsin | 221 |
| Wyoming | 149 |
How Much Do Hot Dog Vendors Make Per Year?
During your research, you may wonder how much a hot dog stand makes per year. The total range of annual salaries is between $28,000 and $68,000, with the most likely range being between $34,000 and $55,000, which falls in the 25th to 75th percentile. Some hot dog vendors also make commissions, like those that sell hot dogs at sports games. Stadium hot dog vendors will deliver food orders to customers, allowing them to avoid lines and pay extra for convenience.
How Much Do Hot Dog Vendors Make Per Month?
Do you want to know how much a hot dog cart can make per month? The average monthly income from a hot dog cart is $3,602, with a salary range between $2,333 and $5,666 for most vendors. Additional pay from tips, commission, and delivery services adds an average of $205 monthly.
How Much Do Hot Dog Vendors Make Per Week?
Are you looking for short-term profit? If so, you may wonder how much you can make with a hot dog cart in a week. The average weekly pay for a hot dog vendor is $831. Most vendors make between $538 and $1,307 weekly. The likely weekly pay range for the 25th and 75th percentile is between $653 and $1,057. The average weekly base pay for a hot dog vendor without tips is $769, while tips, commissions, and bonus pay account for $46 per week.
How Much Do Hot Dog Vendors Make Per Day?
Do you want to know how much hot dog vendors make daily? Assuming a 5-day work week, a hot dog vendor will make $166 per day on average. Most vendors will make between $107 and $261 daily. The likely range of daily earnings is between $130 and $211, with an average of $9 extra daily from tips and commissions.
How Much Do Hot Dog Vendors Make Per Hour?
Are you wondering how much a hot dog stand can make per hour? Assuming a 40-hour work week, hot dog vendors have an effective hourly rate of $20.78 from their hot dog stand. The range of hourly rates for hot dog vendors falls between $13 and $32 an hour. Looking at the likely range between the 25th and 75th percentile for hourly rates, you can expect to make between $16 and $26 an hour.
| Pay Metric | Yearly | Monthly | Weekly | Daily | Hourly |
|---|---|---|---|---|---|
| Total pay | $42,214 | $3,517 | $811 | $162 | $20.29 |
| Base pay | $40,469 | $3,372 | $778 | $155 | $19.45 |
| Bonus pay from tips and commissions. | $1,745 | $145 | $33 | $6 | $0.83 |
| Possible pay range | $27,000-$66,000 | $2,250-$5,500 | $519-$1,269 | $103-$253 | $12.98-$31.73 |
| 25th and 75th percentile pay range | $33,000-$54,000 | $2,750-$4,500 | $634-$1,038 | $126-$207 | $15.86-$25.96 |
Earnings Based on Experience
With more experience, hot dog vendors generally earn more pay. Below is a breakdown of earning metrics for hot dog vendors with 1-3 years of experience.
| Pay Metric | Yearly | Monthly | Weekly | Daily | Hourly |
|---|---|---|---|---|---|
| Total pay | $43,629 | $3,385 | $839 | $167 | $20.97 |
| Base pay | $41,809 | $3,484 | $804 | $160 | $20.10 |
| Bonus pay from tips and commissions. | $1,820 | $151 | $35 | $7 | $0.87 |
| Possible pay range | $27,000-$71,000 | $2,250-$5,916 | $519-$1,365 | $103-$273 | $12.98-$34.13 |
| 25th and 75th percentile pay range | $34,000-$56,000 | $2,833-$4,666 | $653-$1,076 | $130-$215 | $16.34-$26.92 |
How Much Do Hot Dog Vendors Make With 4-6 Years of Experience?
Hot dog vendors with 4-6 years of experience make an average annual salary of $46,207. This number is further broken down in the chart below.
| Pay Metric | Yearly | Monthly | Weekly | Daily | Hourly |
|---|---|---|---|---|---|
| Total pay | $46,207 | $3,850 | $888 | $177 | $22.21 |
| Base pay | $44,109 | $3,675 | $848 | $169 | $21.20 |
| Bonus pay from tips and commissions. | $2,099 | $174 | $40 | $8 | $1.01 |
| Possible pay range | $28,000-$77,000 | $2,333-$6,416 | $538-$1,480 | $107-$296 | $13.46-$37.01 |
| 25th and 75th percentile pay range | $35,000-$60,000 | $2,916-$5,000 | $673-$1,153 | $134-$230 | $16.82-$28.84 |
How Much Do Hot Dog Vendors Make With 7-9 Years of Experience?
Hot dog vendors with 7-9 years of experience make $47,974 per year on average. Part of your hot dog vendor earnings come from tips, which account for $2,280 of your annual wages. Here’s a table for more idea.
| Pay Metric | Yearly | Monthly | Weekly | Daily | Hourly |
|---|---|---|---|---|---|
| Total pay | $47,974 | $3,997 | $922 | $184 | $23.06 |
| Base pay | $45,694 | $3,807 | $878 | $175 | $21.96 |
| Bonus pay from tips and commissions. | $2,280 | $190 | $43 | $8 | $1.09 |
| Possible pay range | $28,000-$81,000 | $2,333-$6,750 | $538-$1,557 | $107-$311 | $13.46-$38.94 |
| 25th and 75th percentile pay range | $36,000-$63,000 | $3,000-$5,250 | $692-$1,211 | $138-$242 | $17.30-$30.28 |
How Much Do Hot Dog Vendors Make With 10-14 Years of Experience?
If you stick it out for 10-14 years as a hot dog vendor, you will make an average of $51,600 annually. Here’s a table giving a further idea.
| Pay Metric | Yearly | Monthly | Weekly | Daily | Hourly |
|---|---|---|---|---|---|
| Total pay | $51,600 | $4,300 | $922 | $198 | $24.80 |
| Base pay | $48,932 | $4,077 | $941 | $188 | $23.52 |
| Bonus pay from tips and commissions. | $2,668 | $222 | $51 | $10 | $1.28 |
| Possible pay range | $30,000-$91,000 | $2,500-$7,583 | $576-$1,750 | $115-$350 | $14.42-$43.75 |
| 25th and 75th percentile pay range | $39,000-$70,000 | $3,250-$5,833 | $750-$1,346 | $150-$269 | $18.75-$33.65 |
How Much Do Hot Dog Vendors Make With 15+ Years of Experience?
Hot dog vendors with over 15 years of experience boast the highest average income. They make an average of $57,575 annually, with $3,423 of that wage coming from tips.
| Pay Metric | Yearly | Monthly | Weekly | Daily | Hourly |
|---|---|---|---|---|---|
| Total pay | $57,575 | $4,797 | $1,107 | $221 | $27.68 |
| Base pay | $54,152 | $4,512 | $1,041 | $208 | $26.03 |
| Bonus pay from tips and commissions. | $3,423 | $285 | $65 | $13 | $1.64 |
| Possible pay range | $33,000-$104,000 | $2,750-$8,666 | $634-$2,000 | $126-$400 | $15.86-$50 |
| 25th and 75th percentile pay range | $43,000-$79,000 | $3,583-$6,583 | $826-$1,519 | $165-$303 | $20.67-$37.98 |
Insurance Requirements for Boosting Income
Now that you know how much hot dog stands to make, you must learn about the insurance policies that can protect your profits. Without proper insurance protection, all that business income is susceptible to loss from property damage, lawsuits, and other liabilities. Below are the recommended insurance policies to ensure your hot dog stand’s long-term success:
Business Owner’s Policy (BOP)
A Business Owner’s Policy combines general liability and commercial property coverage into one convenient package. The price is often lower than buying these policies separately. NEXT is an excellent choice for a business owner’s policy, offering affordable, tailored insurance and a quick claims process.
General Liability Insurance
General liability insurance protects against third-party claims, including bodily injury, property damage, and personal injury. Thimble offers flexible, short-term general liability insurance that you can purchase for specific periods, whether by the day, month, or hour.
Professional Liability Insurance
Professional liability insurance covers you when a business mistake or omission leads to third-party financial loss. Hiscox specializes in providing tailored coverage for small businesses, with a 14-day refund policy and flexible payment options.
Commercial Property Insurance
Commercial property insurance protects your hot dog stand and equipment from risks like fire, theft, vandalism, and more. CoverWallet allows you to manage multiple policies from different insurers in one convenient app.
Commercial Auto Insurance
Commercial auto insurance is necessary if you use vehicles for deliveries or other business-related activities. Tivly provides commercial auto policies through its network of over 200 insurance partners, offering competitive quotes and fast customer service.
Workers’ Compensation Insurance
If you employ workers, most states require you to have workers’ compensation insurance. The Hartford offers affordable workers’ compensation policies with access to over 65,000 pharmacies and other benefits for employees.
By securing the right insurance coverage and following best practices, you can run a successful hot dog stand and maximize your profits in 2024.
