How much money you will need? Well, this is not an easy question to answer. It really depends on so many things from what type of truck will be used to what type(s) of food will you be serving? But start-up costs vary greatly depending on the size and scope of your business. This is just one of the many reasons why a food truck business plan is so essential. However, the general start-up range seems to be between $35,000 and $300,000. Again, that really depends on you and the business you wish to run.
Source: www.mobile-cuisine.com
But to help get you started here are a few points to consider:
- How much will a proper truck cost? (used vs. new) prices can range from $10,000 to $125,000 (depending on the size and scope of your operation)
- Set-up New and/or Refurbishing, Retrofitting the vehicle $30,000 to $60,000
- Power source (Generator(s) $2000 to $15,000
- Proper register (with receipt) $200 to $3000
- Paint decals and graphics $3,000 to $10,000
- Food, utensils, plates (other basic supplies) $2000 to $5000
- Official Website (depending if you do it yourself or contract out) $500 to $10,000
- General administrative supplies and equipment $500 to $2,000
- Marketing and advertising $500 to $1500
- Consulting, legal, accounting cost $500 to $5000
All the figures are in US dollars and are rough estimates, merely shown to give a rough estimate. Actual amounts will vary based on the location you are operating in, and based on your food truck business plan. You will need to do a little research in order to find out what the real costs will be.
