It usually costs less money to buy a Food Truck and all the equipment than a restaurant sitting and everything that is involved.
The costs involved in opening a restaurant vary based on the concept you develop. Opening a high-end dining establishment can start at 500K and can run into the millions. Opening a Food Truck using the same style (only smaller) of menu can cost as little as $50,000. By starting small, you will learn many of the same lessons in a truck as you would in a restaurant.
You can check our inventory and see our prices! Here
2. You’re Not Stuck In One Location
If you don’t like your location for whatever reason in the Food Truck industry, then you can typically just find another place to set up shop (of course, you will have to look into rules, regulations, permits, laws, etc.). The opposite rings true with a sit-down restaurant, so you have to get the location right the first time around with one of these businesses.
Finding the best location for a restaurant is one of the key ingredients to operating a successful restaurant. By operating a Food Truck in your local area, you will gain the understanding of where your customers are coming, and how to bring a storefront into their neighborhood. This is invaluable research data that can only be tested if your concept is mobile.
3. It’s A Great Opportunity to Have Your Own Business
If you want to be a business owner, then a Food Truck is perfect for you. Like we stated earlier, it’s cheaper than other ventures, and you have a lot of control.
Likewise, if you want to be a chef, then you can start your own kitchen and concept by buying a food truck.
This is a great opportunity for so many different reasons, and for so many different people, whether you fancy yourself a businessperson, a cook or both.
4. You connect with your customers in a closer way
With larger businesses, connecting with customers isn’t always the easiest goal to achieve, and that can become a real issue if you are trying to satisfy your customers and give them what they want.
However, as a Food Truck owner, you get to take their orders, cook their meals and have conversations with them during this process. This can lead to you really learning about your target audience, which could then lead to you building a successful business.
Spoiler alert: Customer service is essential in the food truck industry.
5. Less Employees to Manage
This is a good thing because it is typically easier to manage less employees. Not only that, but you will be able to train these employees better and make sure they are doing everything correctly since you should have more time with them, as opposed to stretching yourself thin with an overwhelming amount of employees.
This will make it so things are running smoothly, and it should also be easier to catch mistakes since you are working in a smaller space. Plus, you will have more time to do the things you love to do, such as cooking and trying out new recipes.
6. Financial Freedom
Many people long for a career that gives them independence, enjoyment and financial freedom. A food truck or a Concession Trailer business can offer just that! United Food Truck specializes in creating Food Trucks and Concession Trailers that are innovative and attractive. From bbq, smoker or pizza Food Truck to dessert, taco or burger Concession Trailers, we have the expertise to turn your vision into a reality. Our food concession trailers and trucks can be used for about just any type of cooking. As you browse through our gallery you will soon find out how we go above and beyond in helping you establish a successful mobile food business. Our vehicles are built to the highest quality, using stainless steel, name brands and NSF approved equipment and fixtures.
7. Food Trucks Allow You to Build (Or Expand) A Brand
With a mobile food truck, you can build your brand at a smaller level before expanding into something more significant, such as a sit-down restaurant or possibly franchising your trucks.
The dynamics of a food truck are entirely different from those of a sit-down restaurant. Analyzing the best location, trying new recipes, modifying plans and menus can be a lot easier in a food truck model as compared to a restaurant. Since sit-down restaurants are of a fixed nature, it can be difficult and expensive to change your brand name and image if needed.
8. Food Trucks Attract More Customers
With better quality food (as compared to the street vendors) at a marginally lesser price, Food Trucks have become the latest fad among the consumers as well.
Inexpensive: Almost all food trucks are pocket-friendly; a meal at food trucks starts from as low as Rs.50. The famous Lalit Food Truck which was started by the Lalit Hotel on Barakhamba Road claims to target audiences that cannot afford a five-star restaurant, yet desire a scrumptious, quality meal. Vegetarian dishes at the five-star associated food truck start at Rs 150-Rs 200, and non-vegetarian dishes start from Rs 200. Since the food costs are low, you can please your customers with budget-friendly meals.
Health and Hygiene: Food trucks are a safer and healthier alternative to street food. Food from street vendors is generally considered unsafe for consumption. With growing health consciousness, more and more people are switching to alternatives like small restaurants and food trucks.
9. Food Truck Involves Low Operation Cost
Owning a restaurant requires you to invest in expensive utilities, hire a wide range of staff including cooks, cashiers, servers, kitchen managers, cleaners, etc., and pay property tax if you are the owner of your real estate or monthly rentals if the property is on rent. Hence, it becomes imperative for you to keep your operations cost,
On the other hand, the operational costs of a food truck are month-to-month and limited to food, supplies, and gas. You don’t need to have a full staff; just a small team will do, and most of your taxes will be much lower.
Repairs and fixes required in a restaurant can also burn a hole in your pocket. There is no denying that a brick and mortar real estate requires continuous maintenance. Maintaining furniture, electrical appliances, and other kitchen equipment, restaurant decor, leaking pipes or ceiling, etc., all require a lot of effort and of course- money. Food trucks, on the other hand, can do well with just a little maintenance and repairs here and there over time.
10. Food trucks don’t pay rent
Food trucks don’t have lease payments as high as restaurants. You can look for a Food Truck Festival or a good spot in your neighborhood
If you are interested in getting a food truck business click here