We are open to attending new events organised by first-time or unproven organisers. However, in these cases, we require a refundable bond of $1,500.
New organisers often provide projected attendance figures that are overly optimistic. For example, an event may be advertised as attracting 3,000 attendees, while in reality only 300 people attend.
This creates significant risks for food vendors:
Each food truck generally requires a minimum of around 200 sales to operate viably.
Events may invite too many vendors relative to actual attendance.
Multiple vendors may offer the same or very similar food products.
The food offering may be unbalanced (for example, one dessert vendor for every five savoury vendors is generally considered a healthy balance).
Poor attendance results in financial losses, wasted time, staffing costs, and large amounts of wasted food.
The $1,500 bond will be reimbursed in full or in part, depending on the actual turnover achieved at the event.
If turnover reaches or exceeds $1,500, the full bond will be refunded.
If turnover is below $1,500, a partial refund may apply.
The maximum retained amount will be capped at $750.
Our intention is not to profit from this policy, but simply to avoid suffering losses caused by poor event performance, unrealistic attendance projections, or unsuitable vendor planning.
We are open to attending new events organised by first-time or unproven organisers. However, in these cases, we require a refundable bond of $1,500.
New organisers often provide projected attendance figures that are overly optimistic. For example, an event may be advertised as attracting 3,000 attendees, while in reality only 300 people attend.
This creates significant risks for food vendors:
Each food truck generally requires a minimum of around 200 sales to operate viably.
Events may invite too many vendors relative to actual attendance.
Multiple vendors may offer the same or very similar food products.
The food offering may be unbalanced (for example, one dessert vendor for every five savoury vendors is generally considered a healthy balance).
Poor attendance results in financial losses, wasted time, staffing costs, and large amounts of wasted food.
The $1,500 bond will be reimbursed in full or in part, depending on the actual turnover achieved at the event.
If turnover reaches or exceeds $1,500, the full bond will be refunded.
If turnover is below $1,500, a partial refund may apply.
The maximum retained amount will be capped at $750.
Our intention is not to profit from this policy, but simply to avoid suffering losses caused by poor event performance, unrealistic attendance projections, or unsuitable vendor planning.