How much does it really cost to start a food truck?

SUMMARY:

Have you considered starting a food truck business and are nowresearching the costs involved? We at, Concession Nation, have put together this infographic to give you starting place. Most costs are estimated and will need further researchto determine a more precise cost.  But these give you a good starting place to plan your dream food truck business.

FOOD TRUCK:

  • Truck – Estimated Cost: Start at $75,000 to $200,000
  • Fuel – Estimated Cost: $250 to $500 per month
  • Insurance (Vehicle & Business) – Estimated Cost: $50 to $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: $8 – $15 per hour for line staff and $20-22 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/