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A comment on YC Backs Portable Coffee Stand Called Wheelys (YC S15) to Take on Starbucks. Parent comment

Re:YC Backs Portable Coffee Stand Called Wheelys (YC S15) to... by eurosmoove on Thursday July 23, 2015 @07:34PM (#9939158)
From the article: "Mazetti estimates that in a decently trafficked location in a dense city, a Wheelys coffee shop might do $400 in revenue per day and keep about $200 after the cost of goods."
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Re:YC Backs Portable Coffee Stand Called Wheelys (YC S15) to... by mason55 on Thursday July 23, 2015 @09:10PM (#9939521)
Yes I came here looking for discussion on that. A good store does $200 a day after COGS?

Say 8 hours/day and you're looking at $25/hour, which I guess is pretty far above minimum wage, but is someone for whom $25/hour is an upgrade in a place to spend the $3k to buy in?

And if you're operating in a slower area you're not that far from making minimum wage. If I wanted to operate a fleet of them I don't see how I come out ahead after salary, overhead (increased loss from the minimum wage employee) and taxes. Even at $175/day your looking at $21/hour income after COGS, pay someone $12/hour plus taxes and overhead and you're profiting maybe $3/hour/bike.

I guess once you get to 30 or so you're starting to make real money. But at that point you have to wonder about saturation of the good spots.

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Re:YC Backs Portable Coffee Stand Called Wheelys (YC S15) to... by schrodinger on Friday July 24, 2015 @08:38AM (#9941506)
How much is $25/hr when you adjust for having to pay your own taxes and health insurance?
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Re:YC Backs Portable Coffee Stand Called Wheelys (YC S15) to... by itbeho on Thursday July 23, 2015 @08:26PM (#9939355)
Probably need to factor weather in to any projections of annual income.
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