We take a look at why they most definitely are at the current time…
Food trucks are becoming increasingly popular in the USA and other countries around the world. It’s safe to say that the food business is booming. Food is never going to go out of fashion, it’s true. Sidewalk street vendors are a brilliant idea and also in the USA a grand tradition. Who would be without their chili dog on that downtown vendor after a big game? We’ve been consuming food truck fayre for decades now, and maybe you wondered about becoming a vendor yourself.
But, are food trucks a good investment? We take a look at some of the reasons you might want to consider venturing into this business area or not.
Firstly, it requires very little investment in order to start up as a food truck business.
You might be able to do it for under $5,000. You might even be able to purchase some necessary items and equipment second-hand. So there are no barriers to entry with this particular type of entrepreneurship. If the costs are less, then anyone can give it a go. Food trucks themselves range in size, many of them do not require a specialist driving licence. You don’t necessarily need a particular permit, either. All you need is food – of the best quality, of course – and a truck – one with a great engine, wheels that come with stand wear and tear, and high quality basic parts such as bushings, which make a truck stable, steady, and offer low friction so that it moves quietly and quickly. You’ll find them in the suspension, the brakes, and many other vehicle parts. Don’t put customers off with noise and friction! Get a good truck.
Secondly, food trucks can go when they like.
Unlike a store, you’re not fixed to the spot. If you know there is a game on, or a big event, you can quite simply drive your truck there. Wherever there are people, there is profit. Therefore a food truck is a fantastic investment in this sense as you can go get the customers yourself.
Thirdly, as we stated above, street food is on the up.
People are excited by these new ventures. They’re more likely than ever to pay heed, to open their wallet, to buy your wares. Food trucks are exciting, fun, and just a little bit different. Particularly after the pandemic, people are keen to be outside rather than sitting in a restaurant or diner. You can go to them, and very likely they will also come to you.
All things considered, you may end up reaping more profit than expected, particularly at this current, post-pandemic time. Food trucks are a mighty big business, and we say that they make for a great investment overall.