Food trucks have always been a staple of summer festivals, from carnivals and state fairs to concerts and art shows. Even if you are going to a concert at a park with nothing nearby you can rest assured someone will be there with a food truck to quench your thirst and satisfy your hunger. Food trucks are also moving into daily life, bringing you gourmet coffee outside your office building in the morning and taco trucks for lunch. Food trucks have become so popular in recent years they are projected to be a $2.7 billion industry in 2017. Food trucks have become so popular that they are considered a solid career choice these days!
You can get started in the food truck business for less than $100,000, and if you buy a used food truck your startup costs can be considerably less! This business has the potential to earn between $250,000 to $500,000 a year, so even if you want to have a food truck for a couple of years and sell it you will have the potential to set yourself up for a great lifestyle down the road.
The food truck business is super flexible. If you want to work only on weekends you can do that with a food truck. If you want to only work in one area of town you can do that. If you find yourself in a bad location one day you can drive your food truck somewhere else the next. If you want to go on vacation you just park your food truck while you’re gone. And if you want to move across the country your business can go with you!
If you have a crazy idea for a falafel truck and then some late night talking head ruins falafel for everyone, you can easily switch to a new menu. If you want to try out vegan frozen tofu and you figure out people like ice cream better, you can easily switch. There are a lot of advantages to having a mobile restaurant and very few disadvantages. Even major chains are starting to hop on board! You have ultimate flexibility, low overhead, and the ability to change things on a dime. As far as businesses go it’s the best of all possible situations.
Learn more about the business of food trucks from this infographic. You might be surprised how easy it is to get started in the food truck business!