What’s The Cost Of Launching And Running A Food Truck Business?

Nowadays, you don’t have to walk into a building-based restaurant to have a plate of your favorite dish or a cup of hot coffee. This is because there is an alternative to this, and it comes in the form of a food truck. Food truck vendors are popularly referred to as mobile food vendors since their business involves moving from one place to another depending on orders and market concentration. If you are planning to get into the food vending industry, you may find it attractive to get into the mobile restaurant market as opposed to facility-based eatery business. So, how much will it cost to launch and run the food truck business? The cost depends on a number of things, and here are the major ones:

1. Cost of Truck

Food trucks come in different designs and sizes. It all depends on your business objective and how much you are willing to invest. You should expect to spend between $50,000 and $200,000 on the food truck.

2. Commercial kitchen and staff

You cannot expect to prepare and store all your food in the truck. You’ll need a central kitchen where you can prepare the foods before they are picked by the truck. You’ll also need people to help you prepare the food. The manpower will cost $20-$30/hour/person.

3. Health Permit

You cannot sell food to the public without a health permit. The permit gives you the legal freedom to vend food. Depending on your state, the health permit will cost you $800-$1500.

4. Food Menu

Established food truck vendors usually boast of outstanding menus. You don’t need a lot of items on your menu when you are starting. You just need to make it attractive and unique. If you have two main dishes, several drinks, and a few desserts on the menu, you are good to go.

5. Marketing Costs

Like any other business out there, you need customers for your food truck business to succeed. You need to market yourself and your food trucks in Florida. Some of the top digital marketing methods that you can use include social media, influencer marketing, and Google adwords among others. Most of these methods will cost you $1000-$2000 a month to effectively reach your target market.

6. Parking Cost

After you are done for the day, you need a safe place to park your food truck. This means renting a secure place and it will cost you $500-$1500 a month.

Conclusion

In addition to the above costs, there are other things that you need to consider. They include the route plan, customers, and the marketing plan. They all contribute towards a successful mobile restaurant business.