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  5. ›Business Consession (Hot Dog Stand) - Harbor 2018

Borough of Atlantic Highlands·New Jersey

Business Consession (Hot Dog Stand) - Harbor 2018

Rolling / TBD close$10k – $30kRequest for Proposal
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Description

The Harbor Commission of Atlantic Highlands is seeking a qualified vendor to operate a hot‑dog concession at the municipal marina. The concessionaire will lease a 795 sq ft waterfront space, provide a full‑service food stand (hot‑dogs, nachos, fries, soft drinks), and be responsible for daily operations, maintenance, insurance, and compliance with numerous local, state, and federal regulations. The lease runs for an initial five‑year term with an optional five‑year renewal, with a starting rent of $1,750 per year and a 4 % annual increase. A non‑refundable $50 proposal‑review fee and a $350 security deposit are required, and applicants must demonstrate at least $5,000 in liquid assets.

Attached files

Contact

Adam Hubeny(Borough Administrator)

Key dates

Opened
3/15/2018
Closes
Rolling / TBD
Duration
5 years

Last updated

Details

Type
Request for Proposal
Industry
Food and Beverage Services
NAICS
722511

Budget estimate

$10,000 – $30,000

The lease generates modest rent revenue ($1,750 – $2,048 per year) plus a $350 security deposit, but the concessionaire’s earnings derive from food sales. Assuming average daily sales of $150 (≈ $54,750 annual gross) with operating costs (food, labor, utilities, insurance) consuming roughly 70 % of revenue, net profit could range from $10,000 to $30,000 over the five‑year term. This estimate reflects variability in sales volume, cost control, and potential renewal terms.

AI estimate from the solicitation

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