How much does it cost to start a Food Truck?

If you are considering starting a food truck business, it is important to research the costs involved. The following will give you a summary for a starting place. Most costs are estimated but you can determine a more precise cost once you are doing your homework locally.

FOOD TRUCK:

  • Food Truck – Estimated Cost: Start at $75,000 to $200,000
  • Fuel – Estimated Cost: $250 to $500 per month
  • Insurance (Vehicle & Business) – Estimated Cost: $300 and up.
  • Licenses, Permits, Inspections and Certifications – Estimated Cost: $100 – $500; vary from town to town.

OPERATIONS:

  • Initial food costs and Inventory – Estimate Cost: $1,000 to $2,000
  • Staff – Estimate Costs: $10 – $15 per hour for line staff and $20-25 per hour for managers
  • Staff Uniforms – Estimate Costs: $0 to $1,000
  • POS System – Estimated Cost: $200 to $1,000
  • Parking During Operations & Overnight – Estimated Cost: $500 to $1,500 per truck per month (depending on services available)

MARKETING:

If you don’t go the “do-it-yourself” route, you’ll need to consider the following:

  • Website & Social Media – Estimate Cost: $50 to $5,000 for a website
  • Part-time Marketing Person – Estimate Cost: $10 – $25 per hour
  • SMS Notifications – Estimate Cost: $10 – $180 per month plus setup
  • Email Marketing Subscription – Estimate Cost: $0 – $200+ per month
  • Event Participation – Estimate Cost: $200 – $1000

Concession Nation has expertly designed food trucks and concession trailers for a variety of businesses.  Let us design your food truck. Call us at 888-390-4479

References:

https://www.shopkeep.com/blog/how-much-does-it-cost-to-start-a-food-truck
https://openforbusiness.opentable.com/tips/how-much-does-a-food-truck-cost/
https://roaminghunger.com/blog/13143/how-much-does-a-food-truck-cost
https://www.fool.com/careers/2018/06/06/how-much-does-it-cost-to-open-a-food-truck.aspx
https://www.entrepreneur.com/article/233385
https://cardconnect.com/launchpointe/running-a-business/food-truck-startup-costs
https://foodtruckempire.com/how-to/costs/