Food trucks are offering an easy and convenient way for consumers to access a wider range of dining options, as people are interested with the emerging of celebrity chefs who cook different local dishes and international cuisines. In order to gain entry to the world of restaurant business, a good start-up business is a food truck business. With mobile food truck business, the start-up cost is attainable and reasonable, allowing first-time entrepreneurs to start a business, start marketing their unique menu selection, earn easy money, and gain loyal customers from different locations. In fact, many established restaurants utilize food trucks to enhance and expand their catering businesses, and a way to promote and strengthen their brand to a specific target audience or community.
There are many factors to consider when determining the start-up costs for a food truck business, and there are also one-time costs. It is important to set the right budget for the one-time start-up costs including purchasing of your food truck, truck wrap, register or POS (point-of-sale) system, web design and app development, marketing and PR, office supplies, and legal, consulting, and other professional fees. The biggest investment is the fully-equipped food truck that can range between $40,000 to $300,000, depending on the type of truck, cooking equipment, degree of specialization needed. You have to keep in mind that every state has varying regulations for what constitutes a legal mobile food truck, and local municipalities may also have separate standards too. Get quotes from your state’s food truck manufacturers and get an assurance that the food truck complies with coding and food business standards. It is more practical for you if you have a tight budget to invest in a food cart or food trailer that only range from $20,000 to $50,000. The supplies needed for your food truck include the following: serving utensils, pots and pans, service ware (napkins, serving containers), and cleaning supplies.
The other start-up costs also include insurance (vehicle and business), inventory (food and supplies), payment processing (mobile data plan, processing agreement, hardware), truck’s aesthetic appearance (lighting, paint), commissary fees (prep work professional kitchen rentals), and propane or generator costs. The recurring costs include equipment rental, payroll, credit card processing equipment, and petrol. Get to know more about food trucks and mobile food businesses by visiting the homepage or website of Mobile Cuisines. Mobile Cuisine can help you achieve your short-term and along-term business goals by offering food truck business solutions and information to make it successful.