Is anyone here familiar with food startups and which tend to do the best overall in terms of marketability?
I noticed a rise in new food related businesses over the last 5 or so years that have really changed the market. One of those has been those monthly or seasonal shipped boxes filled with samples of food items or snacks/candies. TokyoTreat is one of these snack boxes that does very well.
This depends really. Are you looking to use products already available or bring a new item to the market? Food startups tend to be pretty straight forward and you will know a lot sooner if the idea was good or not based on how easy it is to market and how fast your product transitions into selling itself. I always recommend working with a partner or small group for this kind of industry because there is a lot you have to follow for registration, laws, and general approval.
Marketing a product to stores and shops local to you is a good start. I remember when those 8-hour energy shots were first started. They were much cheaper and only being sold as promotional items in drug store chains but now you can find them everywhere.
The monthly or quarterly subscription boxes do very well. If you have an idea that is worth exploring, you should see where it can go. Find investors that will back you. I know someone who had overnight success with one of them.
Have you considered a food truck?
This is one of those ideas that is often overlooked. It cost very little to start-up and it is easily manageable by a small team of people. I know someone who runs one with just himself and his wife. They make good money and live in New York.
Speaking of food trucks, that is trending right now in terms of startups. If you live in an area where there is a need or desire for a food truck be it outside of work areas or busy city spaces, it is worth the investment.