How These Street Vendors Make $25,000 In 5 Days?
Published: 2022-11-06
Status:
Available
|
Analyzed
Published: 2022-11-06
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
The Circleville Pumpkin Show is estimated to generate between $25-$35 million annually.
"the rumor that I've heard from the commission that organizes this that they make between 25 and 35 million dollars a year off this event"
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The speaker aims to make $35,000-$50,000 from selling pumpkins at the Circleville Pumpkin Show next year.
"and I want to see if I can make probably between 35 and 50 000 off pumpkins here in Circleville Ohio"
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Companies providing rides at the festival pay $25,000-$35,000 to rent land for parking vehicles.
"the company that provides these rights to my Festival pays between 25 and 35 000 dollars just to rent dirt to park their vehicles while they participate in the festival"
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Owning 1-2 acres of land could yield $25,000-$35,000 in revenue over five days from renting it out for vehicle parking.
"if you're one of the kind of people that could buy an acre two acres worth of land you can make between 25 and 35 000 off five days of running dirt"
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A vendor sold over 2,000 buckets of pumpkin donuts, totaling at least $25,000, with likely higher earnings over five days.
"through the power of math and a 300 cell phone they sell over 2 000 buckets which is twenty five thousand dollars they got to be making more than that five days they're making way more than that"
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A pizza vendor sells approximately 500 pizzas during the Pumpkin Show.
"sell 500 people 500 Pizza is a pumpkin show"
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A wood-fired pizza vendor is projected to make $7,000 in one day, selling 500 pizzas at $14 each.
"they're on track for 500 a day fourteen dollars a piece so let's figure that one out so that's seven thousand dollars in one day"
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A wood-fired pizza business at the Pumpkin Show could generate $35,000 in revenue over five days, with an estimated profit of $26,000 after accounting for costs.
"pumpkin show is five days it's a 35. cost of goods sold is probably around probably less than a third of that because it's nothing super complicated so let's do a 25 cost of goods sold 26 000."
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The speaker estimates a booth rental cost of approximately $500 for the next year's event.
"the company would have spent about 500 bucks to be here that's about what I was willing to spend for my booth that we'll do next year"
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The speaker plans to start a business at the festival next year and broadcast its financial performance live.
"and my goal was to start a business and broadcast the actual income the revenue expenses and the total profit the business makes live during the entirety of the event next year"
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The speaker would hire someone at $10/hour for six hours ($60 total) to count pizzas to validate a business idea.
"I would pay somebody ten dollars an hour to just sit and count pizzas so then I would spend maybe 60 bucks six hours and I would use their data to validate whether it's a good business or not"
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A non-profit church is selling pizza slices for $1.50 and making a profit.
"they're selling dollar fifty pizza and they're not doing it at a loss"
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A local church organization sells 'several thousand' pizzas during the Pumpkin Show.
"thousands of pizzas one slice of cheese my kids ate my cheese pizza last time so I didn't get any several thousand"
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The goldfish game operator makes $5 per customer.
"they made five dollars per person"
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The goldfish game has a profit margin of approximately $3.50 per customer ($5 revenue - $1.50 cost), making it a profitable game of skill.
"they would have had about a dollar fifty in their cost of goods sold they would have cleared 23.75 just in three or five minutes games of skill can be really great money makers"
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Seeds from giant pumpkins can be sold for $3-$5 each.
"each seed out of one of those pumpkin sells for between three and five dollars which is just absolutely insane"
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Selling seeds from giant pumpkins can be significantly more profitable than the $500 first-place prize at the Pumpkin Show.
"When you win the event the Pumpkin Show Festival you might get 500 bucks in first place but the amount of money that you make off selling the pumpkin seeds vastly outweighs your 500 prize"
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Pumpkins are being sold for $5-$10 each at the event.
"they're paying five to ten dollars per pumpkin"
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The speaker's children earned $500 by selling pumpkins from their yard for $5-$10 each, enough to buy a Nintendo Switch.
"my kids accidentally made 500 two Falls Ago by selling pumpkins that we found in our yard they had dozens of dozens of dozens of pumpkins they were selling them for five to ten dollars a piece and that's how they made their money to buy a Nintendo switch"
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Used trailers can be purchased for $20,000-$25,000 in a non-distressed sale, or as low as $5,000 when an owner needs to sell.
"I could pick one of these trailers up for between 20 and 25 000 and a non-distressed sale I run into them once in a while for five thousand bucks when the owner has to sell them"
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Buying a new trailer as a retail customer could cost $40,000-$50,000.
"if you were going and doing it as a retail type person meaning all brand new Money Was No Object to you you could spend between forty and fifty thousand dollars pretty easily"
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Airbnb hosts could potentially double their rates during the festival period, including the days before and after.
"you could almost double your prices during this event and not just during the event before and after it as well"
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Each parking space can be turned over 2 to 2.25 times per day.
"for every open parking space we had open we would turn that space over between two times and two and one quarter time"
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A parking lot with 90 spaces, turning over 2 cars per space per day, could generate $1,800 in revenue.
"by my quick math there's about 90 cars here if they turn over two cars per day per slot that's one thousand eight hundred dollars they made just today in parking Revenue"
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On peak days (Fridays and Saturdays) with a 2.25 turnover rate, a 90-space parking lot could generate $2,100-$2,200 in revenue.
"if they're closer to the 2.25 which we got on Fridays and Saturdays which is super cool they're probably closer to 2100 to 2200 in just one day of running out grass"
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The speaker's previous parking lot operation generated $9,000 over five days during the Pumpkin Show.
"last year was the last year that I ran my parking lot we made nine thousand dollars in five days during the Pumpkin Show"
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Companies providing rides at the festival pay $25,000 - $35,000 to rent land for parking their vehicles.
"the company that provides these rights to my Festival pays between 25 and 35 000 dollars just to rent dirt to park their vehicles while they participate in the festival"
Pending
Owners of 1-2 acres of land can earn $25,000 - $35,000 in five days by renting it out for ride vehicle parking.
"if you're one of the kind of people that could buy an acre two acres worth of land you can make between 25 and 35 000 off five days of running dirt"
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A specific donut vendor sold over 2,000 buckets (priced at $10 each), totaling $25,000 in revenue.
"through the power of math and a 300 cell phone they sell over 2 000 buckets which is twenty five thousand dollars"
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A pizza vendor is projected to sell 500 pizzas per day at $14 each, generating $7,000 daily.
"on track for 500 a day fourteen dollars a piece so let's figure that one out so that's seven thousand dollars in one day"
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A pizza vendor is estimated to gross $35,000 over five days, with a cost of goods sold around $9,000-$10,000, resulting in a profit of approximately $26,000.
"pumpkin show is five days it's a 35. cost of goods sold is probably around probably less than a third of that because it's nothing super complicated so let's do a 25 cost of goods sold 26 000."
Pending
The speaker aims to earn between $35,000 and $50,000 selling pumpkins the following year.
"and I want to see if I can make probably between 35 and 50 000 off pumpkins here in Circleville Ohio"
Pending
A goldfish game booth can clear $23.75 in profit every 3-5 minutes, assuming a $5 charge per play and $1.50 cost of goods sold.
"they made five dollars per person they would have had about a dollar fifty in their cost of goods sold they would have cleared 23.75 just in three or five minutes games of skill can be really great money makers"
Pending
Individual seeds from giant pumpkins are predicted to sell for $3-$5 each.
"each seed out of one of those pumpkin sells for between three and five dollars which is just absolutely insane"
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The speaker's children earned $500 by selling pumpkins from their yard for $5-$10 each.
"my kids accidentally made 500 two Falls Ago by selling pumpkins that we found in our yard they had dozens of dozens of dozens of pumpkins they were selling them for five to ten dollars a piece"
Pending
Used trailers can be purchased for $20,000-$25,000 in normal sales, or as low as $5,000 when owners need to sell.
"I could pick one of these trailers up for between 20 and 25 000 and a non-distressed sale I run into them once in a while for five thousand bucks when the owner has to sell them"
Pending
Purchasing new trailers without budget constraints would cost between $40,000 and $50,000.
"if you were going and doing it as a retail type person meaning all brand new Money Was No Object to you you could spend between forty and fifty thousand dollars pretty easily"
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Renting out extra space (backyard, garage, house) for Airbnb during the event period (including before and after) can realistically double usual rental prices.
"you can make a lot of money just by renting space your backyard your garage your house Airbnb rates like to support the market realistically you could almost double your prices during this event and not just during the event before and after it as well"
Pending
A parking lot with 90 cars, turning over two cars per slot per day, generated $1,800 in revenue on that specific day.
"by my quick math there's about 90 cars here if they turn over two cars per day per slot that's one thousand eight hundred dollars they made just today in parking Revenue"
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On Fridays and Saturdays, with a turnover rate of 2.25 cars per slot, the parking lot revenue could be between $2,100 and $2,200 for one day.
"if they're closer to the 2.25 which we got on Fridays and Saturdays which is super cool they're probably closer to 2100 to 2200 in just one day of running out grass"
Pending