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Hello, weird question but just about to sell refreshments at a fishery and am wondering what the maximum price you would pay for:
A cold can of Coca Cola
A magnum style ice cream
Would be bearing in mind a can of coke would cost around 50p to purchase for me and I need to be making enough profit to make it worthwhile.
Many thanks in advance,
Jack
£1 for coke you can get it for less than 50p a can and £2 for a magnum.
Vending machine at work, a coke costs £1.
Captive audience, at a venue where bringing your own is not going to keep it cold, I’d maybe spend £1.20? Any more than that I’d go without.
Dunno how much a magnum is normally- similarly I’d be annoyed at spending more than £1.50 on one.
Quid for the coke, although some places charge utterly insaneum prices. Make sure it's nice and cold please.
Magnum? Couple of quid.
Sounds about right for midlands. Maybe 1.50 for the coke at a stretch but wouldn't be overly happy about it.
Its not just about what the maximum you can charge is though, well it might be for you. Some people will pay owt for some crap but I'd feel a right **** if I was charging 3 or 4 times the price or something.
I reckon if you can get a can of coke for 50p then charging £1 is about right. Similarly £2 for a Magnum is ok, but i'd probably pay more for that than the coke. Depends how much you can get them for...
Captive audience
Catch and release I hope?
Depends how much you can get them for…
Full sugar is about 40p a can at a wholesaler zero about 30p iirc.
They are 95 pence in the supermarket.
If your paying 50 p and not near any other options to purchase it then it would probably handle 1.50.
Much more than that and I'll probably decide I don't need a coke..
Whereabouts in the country are you?
£1 seems a little on the steep side to me.
£1 and £2 respectively seems reasonable to me if your selling from a van/pop up store.
£1.20 for the Coke I reckon.
£2 for a Magnum, but I reckon you’d get away with £2.5. The local (Midlands, pitch in a bust park) ice cream van charges £2.90. But then he also charges £2 for a can of Coke. And has a constant queue.
Fishermen? You'd be better off selling cans of Stella and pouches of tobacco.
£1 and £2.
Coke has to be from a fridge though, I wouldn't bother otherwise.
You could charge £1.50 for a coke and £2.50 for a magnum but £1 and £2 respectively will sell a hell of a lot more.
Round pound works.
Aye, and no buggering about with change.
£1.18 for a coke and £2.87 for a choc-ice 🙂
Thanks everyone for all your replies, has helped a lot.
Selling coke to hookers?
I'll get my coat...
Selling coke to hookers?
I’ll get my coat…
Why, is your wallet in your coat pocket?
Aye, and no buggering about with change.
You wouldn't be suggesting this was a tax fiddle would you.
Apparently the future is cashless
But either way it's much easier to carry some change than 50% more product since you have slashed your margin in half.
Make it so you can't see the prices until you get to the counter. Some people will queue up then make a show of going '£1.50?! I don't want it any more!' but most won't, they'll be afraid of looking like a tight arse and a whiner. I would pay £1.50/£2.50 and I probably wouldn't even check the price first. I would complain about it afterwards but I'd reason it's only a small surcharge on my day out so I'd pay.
Oh and arrange a credit card machine of some kind - iZettle or whatever. This is the biggest reason I end up not buying food etc.
Don’t forget to sell loaves of Hovis toastie and cans of sweetcorn for when they need to mix it up bait wise but forgot to bring anything.
Thanks again for the replies.
Where would the best place be to buy from to make sure that they are legal for resale?
Regarding pricing it depends on your rent/bills etc.
In a proper rented building/cafe with a normal setup unless your are averaging 3:1 on your stock you won’t make a penny.
All depends on rent, staff, services, tax, rates.
Easiest stock supplier will be your local Booker branch. Costco are sometimes cheaper on cans.
Stay away from confectionary, no profit.
Home made tray bakes (brownies, flapjacks etc) are easy and should make good profit.
Oh and arrange a credit card machine of some kind – iZettle or whatever. This is the biggest reason I end up not buying food etc.
But keep in mind that for any of those things you’ll be paying 20p per transaction (+2% ish) which massively eats into £1 for a coke.
If you want to maximise your profit (in normal times) you put your coke in a glass with some ice and it’s then worth at least £1.80 - especially if it’s brought to your table!
Coke and Magnums are great on hot days, but suspect you can make just a much with an urn and some teabags on a cold day.
Where would the best place be to buy from to make sure that they are legal for resale?
Another reason to pour it in a glass 😉
I don’t think there is anything to stop you buying and reselling any format of drinks. There *may* be packaging rules which mean it should contain certain labelling like the ingredients that might be missing from multipack products but if you really wanted to you could print your own label (or potentially meet that obligation with signage). It does imply cheapskate to the customers though - which in most cases is fine if they are getting a good price too!
Your nearest Costco/Booker will Likely be the cheapest option unless you are buying huge quantities. If you are selling enough then postmix machines are the cheap option about 2p per pint! I image mr whippy type machines are similar for icecream profits!
I image mr whippy type machines are similar for icecream profits!
Yep, massive markup but a pasteurising machine cost £5k+ I think.
You’ll make 3:1 on scoop ice cream (Kelly’s etc) as long as you control the portion sizes.
If you are interested in a fully kitted out trailer - 2 group espresso machine, grinder, 4 pan soft scoop ice cream freezer, gas griddle, extraction, gas urn, hot water boiler for sinks, can fridge, 3 x under counter fridges - I have one to sell.
Markup on lattes must be huge.
Markup on mochas, ahhhhh not so much.
Hot drinks, even instant coffee from a non-cafe type place would normally get my vote but this year you would probably need to be extra careful to wear gloves, not be able to leave out a communal milk jug and sugar bowl etc.
£1.20 for a can and £2 for a magnum would be a fair price and I'd buy one again next time. £2 and £3 I'd only buy on the first visit. Hope that helps.
PS get a few cans of not coke as some prefer other drinks. Water often seems to be the big seller from ice cream stalls.
<blockquoteFishermen? You’d be better off selling cans of Stella and pouches of tobacco>
And blue skins
take your cue from the airport vending machines
price not available until selection
500ml warm water £2
pack of 5 face masks....? dread to think
The maximum price I'd pay on the spot would be in excess of the price at which I'd feel ripped off by and have negative feelings towards the company overall.
If you have nothing to do with the fishery then price gouge away!
You'll need one of these too, mummy and daddy can drop you off set it up and you're away -
