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Borough of Atlantic Highlands·New Jersey

Business Concession (Hot Dog Stand) - Harbor

Rolling / TBD close$20k – $80kRequest for Proposal
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Description

This RFP seeks a qualified vendor to operate a hot‑dog concession on the Atlantic Highlands Municipal Marina. The concession must supply hot dogs, nachos, fries, chips, and soft drinks (no alcohol) from a trailer/vehicle, maintain picnic tables, manage waste removal, and comply with all applicable codes, insurance, and security requirements. The contract is a 5‑year lease (with an optional 5‑year renewal) beginning around May 1 2018, with a minimum annual rent of $1,750 and a 4 % yearly escalation. A $50 non‑refundable proposal fee and $350 security deposit are required, along with proof of $5,000 liquid assets. Proposals are due May 22 2018, 11 a.m., and will be evaluated on the basis of best interest to the marina. • Operation of a mobile food concession (hot‑dog stand) covering ~7,950 sq ft. • Lease term: 5 years, optional renewal, $1,750 first‑year rent with 4 % escalations. • Mandatory submissions: cover letter, experience, financial proof, insurance, $50 fee, and security deposit.

Attached files

Contact

Adam Hubeny(Borough Administrator)

Key dates

Opened
5/9/2018
Closes
Rolling / TBD
Duration
5 years

Last updated

Details

Type
Request for Proposal
Industry
Food and Beverage Services
NAICS
722513

Budget estimate

$20,000 – $80,000

The contract specifies a minimum rent of $1,750 per year with a 4 % annual increase, plus a $350 security deposit and $50 proposal fee. However, the vendor’s primary revenue will come from food sales. Assuming modest daily sales of $150–$300 (typical for a waterfront hot‑dog stand) over 300 operating days per year, annual gross revenue could range from $45,000 to $90,000. Subtracting operating costs (food cost ~30 %, labor, utilities, insurance), net profit might fall between $20,000 and $70,000 per year, resulting in a 5‑year earnings potential of roughly $100,000–$350,000.

AI estimate from the solicitation

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