Woody's cart for 60k

Wow, this seems really high. Someone selling their cart for 60k on Ebay

http://cgi.ebay.com/Woodys-Chicago-Style-Hot-Dog-Cart_W0QQitemZ220245247892QQihZ012QQcategoryZ46591QQssPageNameZWDVWQQrdZ1QQcmdZViewItem

You could buy many carts and not have to be locked into buying their high cost supplies. You wouold have to sell a ton of dogs to pay off this cart.

free shipping, thats mighty nice of them

I noticed that there are ZERO bids!

I read the description and it seems to include the location. I believe you are paying for the location. But I might be wrong...Russ

Depends how you look at this. Woody's does not overcharge for supplies. A BIB costs over 20 bucks less than an independent customer pays for one from Pepsi. The Vienna products are sold at a much lower cost than an independent can get them for. Woody's franchisees deal directly with Pepsi and wholesale distributors and are free to shop for a different distributor if they're dissatisfied. They're not locked in to one distributor that gouges them and sends a chunk to corporate, ala Quiznos, Stone Cold and many others

This sale is for a business, not just a cart. Don't know what they gross per month, but someone interested in buying would find out, I'm sure. For May, the top cart, which is in Hawaii grossed over 22K. The bottom of the top ten list for the month grossed over 10K, and they only have a little over 60 franchisees.

Does seem strange that they're using Ebay though. I'd think a good business broker would be better suited. No one's going to bid without a lot more details. I think free shipping showed up because you have to click on something when you post an ad.