A lemonade stand is a fun way to start a business and make some cash. Choosing a location that encourages people to stop and buy lemonade from you is crucial. Parks with lots of people and kids are great areas to sell lemonade. If allowed, choose a location near a park or playground with lots of people so you already have customers. Pricing your lemonade well and offering flavors and specials will get more people to buy.
If you live in a busy area, your lawn, stoop or driveway might work. But if you live somewhere quieter, consider a friend who lives in a busier area or set up somewhere else in town.
It’s affordable to make lemonade. A 32-ounce lemonade costs less than 85 cents. Selling a lemonade for $5.00 makes over $4.00 profit.
Selling a lemonade for $5.00 provides a profit of over $4.00. A well-managed stand can make $30 to $50 daily.
Be aware of permit and license regulations which vary. Check with local government on requirements and costs for lemonade stands.
Running a successful lemonade stand takes planning and effort. Here are ten tips:
- Choose a busy location.
- Offer affordable prices; $.50 cups are easy for making change.
- Interact with customers to build confidence.
Offer popular snacks like cookies and treats since customers eat less on hot days. Give free samples so people feel obliged to buy. Price to sell, not to maximize profit, to attract more customers. High traffic locations gain more exposure.
The ingredients to make 16 ounces of lemonade cost less than 50 cents. Factor in enough customer traffic and the profits add up quickly.