Posted May 9, 2010, 8:49 PM
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Registered User
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Join Date: Jun 2006
Posts: 3,916
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Its not easy. Last license draw by the engineering department had 300 applications each with up to possible three choices applying for 10 locations in the city.
That means you have give or take a 1 in 600-700 chance of actually getting a location for street vending.
Obviously im on that lottery like a fly on shit since its $150 for three choices and if you win you can milk them via lease(free money). The hot dog stands for example make well over $100,000 in profit just within the late spring to early fall months, and their incredibly easy to run. Thanks to the city making the number of street vendors artificially low(to protect actual businesses) the profits with one of these licenses can be astronomical.
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