Businesses are the real deal. They make tons of money and they can make you rich.
Regardless of how smart you are, you can only make money off your smartness if you’re able to tap into the business side of things.
Moving on to the real question; what are the businesses that make $500 a day?
The truth is, there are lots of businesses that make up to $500/day and even much more.
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I’d say any business can make $500 dollars in a single day but it depends on the size of the business.
With this in mind, here are my top picks for the businesses that generate up to $500 bucks in a day.
15 Profitable Businesses that Make $500 a Day.
1. Food truck.
A Food truck business is definitely one of the businesses that make $500 a day and even more.
With a business like this, you just need to get the right location and a unique service delivery system.
However, it’s expensive to start up and you need some experience or knowledge to begin with.
Also, you need to administer some level of orientation to the staff you’ll hire.
This is because they’ll be the frontline of the business 99% of the time unless you’re looking to run it yourself.
A food truck can generate as much money as $250,000 dollars annually depending on the side.
Now if we divide that into 365 days, it’s more than $500/day. Precisely and approximately $685 bucks daily.
2. Grocery store.
A grocery store is another business that makes $500 a day, and more. If you own a grocery store, you’ll know this is true.
Plus, it’s a lot of money to start up a grocery store, and one factor that determines the success of not just a grocery store but any business is the location.
So, if you don’t already have a store, a grocery store, and you want to start one, think about the location.
It’s got to be in an area that’s not remote.
The more commercialized an area is in the city, the better suited it’ll be for any business to thrive.
On a mid-high end, grocery stores can generate up to $300k/year or $822 bucks per day.
And other than the location, some other factors that can affect profitability include ownership (whether it’s a franchise or not), and the size.
3. Construction equipment wholesalers.
This has to do with reselling construction equipment.
People buy them all the time to build their houses and laborers or contractors are the target audience for this business.
However, it joins the list of businesses that can generate up to $500/day in profit.
Selling construction equipment will require you to have a deep knowledge of these tools.
If you don’t, a lot of things could go wrong and you’re not going to make a lot of profits due to unprofitable sales analysis and more.
Like every other physical business, the location and size will also determine how well this business performs.
4. Book publishing.
Publishing houses are making it big, and authors make up the target audience in this regard.
Normal readers or people who love to read (and students too) also make up the target audience of the book publishing industry.
So, publishing a single book costs a ton of money. On average, it costs between $2,000 to $5,000 dollars to publish a single book.
Whatever it is the publishing industries are doing behind the scenes to make you have a beautifully designed book to read, they’re getting paid well for it.
And I’m not talking about small firms that are nameless.
I’m talking about book publishing firms that handle hundreds of publishing requests/tasks weekly.
5. Restaurant.
Another very expensive business that can make $500 dollars a day is the restaurant business.
It’s got to do with food, and humans can’t live without food.
For the record, this is the kind of business that will perform insanely without any promotion if it’s well situated.
The restaurant business is suitable for you to start up if you have a background in cooking or you have good culinary skills.
The size of the restaurant and the menu of delicacies will also impact how much profit it can generate. Other than starting a restaurant from scratch, it’s a little preferable to launch a food franchise.
6. Supermarket.
You’re probably thinking this is the same thing as a grocery store, but it’s not.
A supermarket has shelves for more items than just groceries or items you won’t find in a grocery store.
Plus, it’s more expensive to start a supermarket than to start a grocery store.
Moving on, the supermarket is one business that can make $500+ a day in profit, and depending on the location, the profit can be 5× $500 bucks in a single day.
This means there’s a possibility to make a profit of over $2,500 dollars a day depending on the business size and the location.
7. Laundromat.
As simple as starting a laundromat can be, it’s expensive. But it’s on this list of the businesses that make up to $500/day because it can make more every single day.
As a physical business, location is everything. Pick the best location for the laundromat, acquire more machines and make money.
Typically, it’ll cost around $200,000 to $500,000 to launch a standard laundromat in your city.
But other than just having the money, you need to know what it takes to start a business like this and the necessary equipment to make it a success.
8. Equipment rental.
A business like this requires you to acquire assets and then rent them out from time to time.
Your clients are majorly event planners and people looking to host an event or a ceremony.
The equipment is rented by clients and then they return them back after use.
You can start up an equipment rental service in your city, promote your business online and get clients from time to time.
Although clients will mostly troop in during the weekends, if you have a wide range of equipment for different events including business meetings, then you can have requests during weekdays.
It’s one of the businesses that make $500 a day, but it’s not passive and business deals/requests may not come in every day.
9. Barbering.
Barbering is another thing I’m good at doing and I’ve made a business out of this myself. I’m 82.4% skilled when it comes to barbering hair.
I’m just good at it; no superfluous skills. Anyway, this is one of the businesses you can start up to make $500 a day.
But then, you need to be a barber for things to flow smoothly.
When you have the knowhow and the experience, it’ll be easy for you to start a barbering business or a barbering; you’ll know what equipment to get and how best to retain your clients.
With a business like this, location is a priority.
10. Clothing store or boutique.
Having to do with non-consumable products, you can have stock of clothes in your boutique and make sales every day to hit $500/day in profit.
It’s a great business to start if you’re looking for something to invest in and you want to have a physical or offline stream of steady income.
Never make the mistake of starting off from a remote location. It’s a boutique and it’s going to cost you a lot of money to start up.
From the stock/inventory to the interior, it’ll cost some really nice chunk of money to kickstart.
11. E-commerce.
Basically, e-commerce is a business. It’s all about buying and selling and it happens online.
If you ever shopped on Amazon or eBay, then that’s ecommerce right there. These companies are two of the biggest ecommerce platforms on the internet.
So, if you start an ecommerce business, there’s every chance you make $500 a day doing it right.
It’s a lot of money when it comes down to growing an ecommerce business.
It’s just growing any other kind of business on the web or off the web.
You’ll also be spending some money to reach your target audience and to make sales.
12. Car detailing.
I’m 100% sure about this one, and it’s not one of the most expensive businesses on this list.
A car detailing business is on that can make you a lot of money.
It’s also the kind of business that can generate passive income even if it’s not an online business.
You can hire people to get the job done while you spend time doing something else more productive.
Plus, once you’re able to start one successful car detailing business, it gets easy to replicate the process for the sake kind of business again; you can start up multiple car detailing centers to generate more money.
13. Mobile app.
If you’re able to build a mobile app and market it, then you’re going to make millions depending on the kind of all.
Mobile apps are billion dollar assets when they appeal to a larger audience.
Plus, this is purely business and the launch of a mobile app that solves real-time problems or remedies a real-time challenge is a quick transition from a hobbyist startup to a full-fledged business if things go in the right direction with promotion/marketing.
With that said, managing and maintaining a popular app you own can generate more than $500 a day for you in passive income.
Think about some of the most used apps.
They’re worth billions and they generate several million dollars in monthly income.
14. Online content publishing.
There’s a lot of ways to make money online, but one of the methods is content publishing.
It’s one of the businesses that make $500 a day, and it can only generate this much money if you indeed take it as a business.
Content publishing is simply launching a blog from scratch and loading up contents on it. You do this consistently until you start seeing results.
This can be small scale or large scale.
On a small scale, you do everything yourself.
But then things get bigger when you hire a number of content publishers or writers to grease up the content wheel.
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15. Check cashing.
Lastly, the check cashing business is definitely one of many that makes $500 a day.
You can start up a business like this on a busy street and take home more than $500 bucks daily.
Honestly, there’s no guarantee that you’re going to make an average of $500 dollars daily.
This can be true for you if you’re in a city where people cash their checks regularly and completely forget the banks offer such services.
If you’re also operating a check cashing business in a populated city like San Jose or Los Angeles, you’ll do fine.
Ideally, it’s possible to make $500 a day with a check cashing business.
15 Profitable Businesses that Make $500 a Day – Final Words.
In summary, some of the businesses that make up to $500 a day include check cashing, online content publishing, mobile app development, food truck business, grocery store, construction equipment wholesalers, book publishing, supermarket, restaurant, laundromat, equipment rental, barbering, e-commerce, clothing store or boutique business, and car detailing.
Trust me, these businesses can generate over $500 a day.
For some of them, earning $500/day is a joke. Plus, a bunch of them are super expensive to start up.