Spending 980,000 yuan to rent a stall at the Taihaoling Temple Fair to sell compressed steamed buns. In my personal opinion, it is both hype and some merchants can actually make money.
Apart from seeing stalls with such sky-high prices in school canteens and supermarkets, they can only be found at the Taihaoling Temple Fair.
The reason why stall fees are so expensive is due to the reputation of Taihao Mausoleum. During the annual temple fair, people from all over the country come to pay homage here.
For this reason, there is a saying that goes: "Compressed steamed buns have great aura and cannot go to Tsinghua University or Peking University."
It is this sentence that makes compressed steamed buns one of the must-buy items for tourists arriving at Taihao Mausoleum.
The rental fee for the stall is as high as 980,000 yuan, and it is only for selling compressed buns. Regarding this situation, I have the following two opinions.
1. Stall fees are mostly due to speculation. Stall fees in prime locations will naturally be higher than in ordinary locations. Stall fees play an important role in increasing prices due to attracting tourists.
The huge flow of people provides stall operators with capital to raise prices.
The rental fee for a stall selling compressed steamed buns was only tens of thousands of yuan a month at first, and the auction last year was only more than 200,000 yuan.
By the painting season this year, the price had risen to nearly one million yuan.
The price rises so fast, which is inseparable from the human operation behind the scenes, causing the stall prices to soar.
2. With a large number of tourists, making money is also a real thing. Taihao Mausoleum is the mausoleum of Fuxi, the head of the Three Emperors. During the temple fair, a large number of people gather here every year from all over the country to pray for themselves and their families.
With the base of tourists, we can drive the economic development of Taihao Mausoleum. We can set up stalls here to sell goods, and we can also make a lot of money during the temple fair.
A stall selling compressed steamed buns has a rental price of up to 980,000 yuan.
As long as someone is willing to rent, it means they can make money.
If it doesn’t make money, I don’t think anyone will rent, and no one will do business at a loss.
The high rental fees will slowly cool down and eventually return to market prices if there is no speculation.
From another perspective, if it cannot make money, its popularity will also decrease. When it comes to leasing next year, the rent will naturally be reduced.
What are the advantages of starting a snack business?