How much would you pay for this cart? $500? $1,000?
At Bari Restaurant & Pizzeria Equipment Corp. at 240 Bowery in the Lower East Side, this portable hot dog stand retails for $1,900.
According to a 2006 survey of 100 vendors in Lower Manhattan by the Street Vendor Project, the average street vendor earns an income of only $7,500 per year.
Is this machine worth 25% of net yearly income? Is it worth $1,900 at all?