Mobile Mixology Service

By: A Staff Writer

Updated on: Aug 08, 2024

The Opportunity: The global events industry was valued at $1,135.4 billion in 2019, with a rising demand for unique and personalized event experiences.

Startup Costs: Mobile bar equipment and supplies: $5,000 – $10,000Licensing and permits: $1,000 – $3,000Marketing and promotional materials: $3,000 – $7,000

Potential Revenues: $100,000 – $300,000 with regular bookings

Risks and Pitfalls: Seasonal fluctuations, Liability and insurance, and  High competition