"Men's health affects about half the population and everyone has a man in their life they would like to have accessibility to the charity funds if something was to go wrong with them," Mr Kolenski said.
Last year the event raised nearly $2000 and this year the goal was $2500.
The event would have a family feel, with free hot dogs and face painting for children, spot prizes and live music.
All month Rye had been running Movember cocktails, donating $2 from each sale to the charity. The restaurant staff had also got behind the movement, with those that could growing moustaches and collecting money.
The competition was loosely based on Nathan's Hot Dog Eating Contest in the United States, where this year's winner Joey Chestnut ate 70 hot dogs.
"I couldn't even imagine eating five," Mr Kolenski said, but New Zealand hot dog eating champ Nela Visser would be there to try to beat her record of 16 hot dogs which she did at Nathan's contest in 2015.
Where: Rye American Kitchen, Wharf St
When: Starts at 2pm, hot dog eating contest kicks off at 2.30pm
Full list of contestants:
Justin Evans - MORE FM Breakfast host
Tiny - Reigning champ
Big Dlys - One half of this year's Block NZ People's Choice winners
Dan Goodwin - Tauranga fireman and former Steamer
Nathan Harris - All Black
Tim Coad - Works at Bell Plumbing
Jaco Wessels - Former chef and in the navy for five years
Casey Rarere - Production engineer for Mediaworks Tauranga
Nela Visser - Former model, Miss Earth NZ 2013 and Oceania record holder for hot dog eating
Tim Bond - Steamer and former Japanese university rugby player