You might be planning to purchase a food truck or to venture into your food truck business dream. Food trucks, just like any other food business have some range of concerns. There are few things you need to know before delving into the food truck listings and getting a vehicle that is right for your business.
Before you buy a food truck, you need to consider what size of the vehicle you should have. Many cities have restrictions on the size of food trucks and parking space sizes. You should ensure that the vehicle you want buy adheres to the restrictions in your city to avoid having trouble with the authorities.
Once you decide on what size of the truck you want to buy, you should then consider the equipment inside. You can either choose to have an outfitted truck or a custom build vehicle. There are many vehicles equipped with all the kitchen equipment and sanitation systems that you will need to run the food truck business. You can also buy trucks that were not originally designed to use as food trucks and modify them yourself.
Legal requirements and definitions for food trucks vary greatly depending on country and locality. Some of the requirements for food trucks include business and liability insurance, Commercial Vehicle Operator Registration for the truck, appropriate food handling certificates, valid driver’s license and assistant’s licenses for assistants.
Consider the cost of the truck you want to buy and the profit you expect to make. Before the purchase, analyze your funding sources, your projected costs and the benefits after that. If you have an investor, then their funding depends on the type of truck especially if you outlined costs in your business plan. Always seek the advice of financial backers and agents before deciding on which vehicle to buy.
Always explore your options. Buying new food trucks are very costly. Thus you must be sure that you have the amount needed to obtain one. Used food trucks are considerably cheaper, but you need to keep in mind repair and maintenance cost. Before you take a used truck home, you should be fully informed about it. You should also have a trusted mechanic handy in case of any repairs and breakdowns. Leasing can also be a good option especially if you are not sure if you are cut out for the food truck business. You can lease a truck and try it out before fully diving into the business.