BGN Entrepreneur

On a cold winter day, large number of people want to enjoy the simplicity of warm food, such as a piping hot spud, with a knob of butter, and a sprinkling of cheese. Selling baked potato makes a great way to make some money if you are ready to get cold.
You could do the business as a part-time weekend activity, serving carboots, fun fairs, weekend markets, farmers’ markets or concerts. It can also make a full-time career with a regular pitch in a town center.
Let’s to some math first to see how the business of selling baked potato is like. The cost of a piping hot spud, with a knob of butter, a sprinkling of cheese, a polystyrene cases, a plastic knife and fork and a napkin is about £0.5. And the average retailing price of a jacket potato on the street is around £1.95. So, if you are selling 100 potatos per day, you will make £145 in cash. The business is pretty profitable, even before you sell the topping and fizzy drinks to go with it.
But there is initial investment. You need to buy a commercial spud oven. A second hand one will cost about £200 while a new one with hot water supply might cost you up to £7000. Sometimes, you need to pay for a space or get a license for selling on the high street. So you need to learn about the local market ahead. It is not a good idea to spend hundreds of pounds on ovens and licence, only to find the local market for jacket spud is sewn up.

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