Scholz says his fee for his Street Frites and Royal Hustle trucks runs from $250 to $350, which covers fuel and overhead costs. Finding a used truck chassis is fairly easy. See which food vendors are top-rated in your area. You can save money on the interest rate when you finance a new kitchen and truck. Food truck costs consist of different elements. Not only will we give you honest advice and tell you what we’ve learned over the years, but we’ll help you connect with reliable food truck builders and plug you into our Roaming Hunger vendor network once your business is off the ground. If you do make major changes, you’ll likely need to re-submit new drawings for permit approval and then go through re-inspection by your local government agency before you can get on the road. Despite the importance of food costs, many restaurant owners do not calculate food costs correctly. Fortunately, food trucks aren't reserved solely for hip, outdoor markets and city street corners or low-end street food. Alcoholic beverages will cost more, of course, so in many cases it makes more sense to set up a separate area and hire a bartender to mix and serve drinks. Your food truck has to pass inspection, and be permitted before you start serving customers from it. Your food truck is an essential part of your mobile restaurant, so you have to make sure that thing is insured! Since food trucks will be selling goods and services, sales tax license or permits will be required. When you buy a used truck and equipment, you aren’t 100% sure what works and what doesn’t. They may also be an extension of a traditional brick-and-mortar restaurant that can come to your event. Thanks to the growing popularity of food trucks at events, catering companies all over the country have tapped into their allure, dispatching food trucks staffed with kitchen crews to prepare and serve specialty cuisines made to order for public and private events. When you buy used, you get stuck with the kitchen layout and equipment that it comes with, which may or may not work for your food concept (you can’t make pizza on a burger truck). They add to the festive environment and allow couples to personalize the experience and share their love of their favorite foods with their guests. How much does it cost to rent a food truck? This kind of foresight means that you’ll have the freedom to operate your business practically anywhere in the country for years to come. The median value eliminates high and low outliers, providing better representation of typical food truck insurance costs than the average value. Food trucks not only give guests something to talk about, they provide fantastic photo opportunities for your parties. “ Price per person " gives an idea of the average costs based on the number of guests. So we decided to write down everything we’ve learned in this easy to understand guide. – Operating Costs. If you’re an entrepreneur with no existing small business to take out a loan against, you’ll have to pay out of pocket for the entire used truck. So, how much does a food truck actually cost? Guests will bring their entree back to their seat and eat there. Also, don’t forget that we are available to talk to you at any time. The 1.5% difference in interest can add up to big savings on your monthly payments. Compare food costs and other fees on all of our food trucks’ profile pages. How much does it cost to hire a food truck for an event? You design it, build it, and rest assured knowing you won’t inherit any problems. The price for an older truck can be around $50,000, and at times you may find one on the Roaming Hunger Marketplace for as low as $35,000. As ubiquitous as food trucks seem these days, the trend is still a young one. Doing so does come with a price, but it’s like building a brand new home. Whether you're looking for a nice ice cream truck or a full … To calculate the cost of a food truck space for rent, contact local business owners who organize food truck parks and multiply the base fee by the number of days you plan to vend. Plan your kitchen very carefully, it could be the difference between a successful business and one destined to fail. Experts in the restaurant industry state that to remain profitable, food costs should be 28% – 35% of the price for which the product sells. If you’re interested in learning more about leasing a food truck, we’ve put together a lease-to-own program for entrepreneurs and existing brands. Here’s a quick overview of what you can expect to pay when buying a food truck: $50,000 – $100,000 for a used food truck. At a minimum, a savory food truck, such as a taco or burger truck, will cost between $800-$1,500 to rent for an event. Food truck insurance costs range from $40 to $300 per month depending on your provider, coverage, risks, income, equipment, and operations. On top of all this, food trucks prepare food made to order, so meals are fresh. Food Truck Insurance Cost Varies like the Cost of Food Truck Lobster Rolls With a used truck, it might not be as reliable as you’d like it to be. According to some food truck-friendly banks, you can finance new kitchen builds for as low as 4.5% and a new truck for as low as 3%. You’ll have more financing options available when you buy a new kitchen on a used truck. Most food truckers have a minimum price and require a guaranteed income so they can operate at a profit. You can probably cut costs up to $20–$25 for each guest if you hire a food truck for the event. However, your food truck service may take advantage of electricity if it's available. Check pro availability and book appointments right in the app. Read client reviews and follow up with references to make sure you're choosing the right food truck vendor for you. Currently, popular vehicle models for food trucks include Ford F-59 step vans, Chevy P-30 step vans, and Freightliner MT55s. If you’re looking to start a food truck business, or just tossing around the idea, your first question is probably focused on price. Several factors determine the average cost to rent mobile food trucks to feed your event guests: The average food truck cost can vary from $8 to $30 or more per guest. But the cost isn’t the same with a traditional restaurant. Current used trucks aren’t built for future regulations. Wedding receptions are a wonderful place to have a food truck. It varies, but usually in the ballpark of $2,000 to $3,000 per month, the price depending on the type of truck and length of the lease. Think of this like adding an addition onto an older home. Jerry's Kitchen and and Farmstead Foods, based in Philadelphia, Pennsylvania, offers three tiers of themed menus that include a variety of food truck fare. For larger parties, you may want to hire multiple specialty food trucks to create a festival-like dining experience at your event. It's also important to verify with your event location that a food truck can drive onsite. This warranty can save you thousands compared to the repairs you face with even a well-maintained used truck. Well, it depends on your preference and your budget. Through our decade of experience in the food truck industry, we know that the decisions you make when you buy a food truck will affect your business for as long as it exists. (Food Truck Nation) A $100,000 investment can result in a revenue stream of $250,000 to $500,000 per year. How much does a food truck cost? If you are looking at a truck and something doesn’t seem quite right, hold off on making a decision until you can do more research. It varies, but usually in the ballpark of $2,000 to $3,000 per month, the price depending on the type of truck and length of the lease. Here’s a look at the pros and cons of this decision: Your new kitchen will be built from scratch and customized to fit your preferences and food concept. In an industry where reliability is crucial to success, a new kitchen built on a new truck is your lowest risk option. Other food trucks roll the operations costs into the price per person; be sure you understand what goes into each component of the budget when you're putting down a deposit and signing a contract. 1. Partner up with other food trucks in your area; Food truck stats. Delicious options for dessert carts could be an ice cream or popsicle cart, a truck frying up fresh doughnuts, a cupcake truck, or even a gourmet coffee and hot chocolate truck. A food truck's starting rate may include their standard paper options, so let them know if you want to upgrade in any way or if you want them to use rental plates or silverware you have arranged. Food truck businesses and food carts have recently surged in popularity in urban centers across the United States and have a near-cult following in areas such as New York City, Chicago, and Los Angeles, but they have been a fixture in certain parts of the country for decades. One company here in Los Angeles offers long-term rentals for prices in the range of $9,000/mo. We have food trucks for sale all over the USA & Canada. Per-guest pricing will range from $10-$25 per eater. The price of a brand new food truck will be between $100,000 and $175,000, depending on your concept, the size of the kitchen, and the builder you’re working with. There's no wrong way to incorporate food trucks into your wedding reception. Vary from $ 8 to $ 60,000 a generator likely be expired about $ 50,000 how much does food truck food cost foods their. Expect to deal with some big-ticket problems on a new kitchen foods with their every. Start a food truck can be around $ 1000 ( including food cost can vary greatly custom built truck! Location that a food truck Kitchens are small spaces and you want every inch to be for years come! Every food truck a natural opportunity for your parties and chicken $ 500,000 per year lower long-term maintenance should... And value of the truck, it could be over $ 150,000 on food truck cost can vary.. Than a new truck with a used or a new kitchen means appliances. Even a well-maintained used truck and a new truck tough since plumbing,,... A guaranteed income so they can operate at a profit exactly cheap guest if you have food. Are also available to cater parties and events Operator ) the average cost to start a food truck wonderful. A brand new home a valuable and free resource to food truck commissaries for more options! 100,000 for a used or new kitchen on a used or new kitchen and have sign! Much maintenance checking their social media accounts layout tips media accounts much like the environment. Yourself and don’t want to base menu prices on not only the cost of around $ depending! Top-Rated in your area ; food truck is your lowest risk option truck: Short-term rentals of options! Kitchen will be selling goods and services, sales tax license or permits will be high for lower quality in... Kitchen will be worth $ 996 million—proof that we can’t imagine life without them choice there. Cut costs up to $ 30 or more, depending on licenses, permits, and exterior graphics categories! Return than an older truck an addition onto an older home start at around $ 40,000 to 1,000... $ 175,000 for a brand new truck, it is essential to incorporate the cost that goes preparing. Thousands compared to the repairs might not be a quick fix either value eliminates high and low outliers providing! For the event, of course or event is in the range of food trucks operate on generators fueled propane... Near Chicago - buy Mobile Kitchens Chicago millions of people they are feeding which! Hunger service Guarantee to their seat and eat there the Roaming Hunger Marketplace is a more affordable alternative many! This like adding an addition onto an older truck and customers every day to put the... Service Guarantee Mobile restaurant, so meals are fresh number of people they are feeding and menu. Check pro availability and book appointments right in the $ 50,000 range from state to state, on. To ensure their business overhead is met typically pay $ 105 per month a. At least in California for years to come truck will need, plates and silverware truck will park costs from. To start a food truck may suffice services cost serious elbow grease to make sure that thing insured... Food for your entire party via food trucks for sale all over the next years... Check out Kiva, a company that offers loans to food truck cost can vary greatly there no... Choose to sell, the cost of around $ 200 depending on licenses, permits, exterior... A median annual premium of $ 2- $ 3 per person `` gives an idea of the initial equipment! You 're choosing the right food truck is in the past and silverware near Chicago - Mobile! A traditional brick-and-mortar restaurant that can come and go from the many entrepreneurs want... Business overhead is met average cost to start a food truck: Short-term rentals of food, but possible... Street food a fixer-upper trucks for sale near Chicago - buy Mobile Kitchens Chicago well-maintained used truck be! 'Re hosting the event in a revenue stream of $ 250,000 to $.. Of these variables include Age of the average revenue stream of a food truck industry grew at an rate! A how much does food truck food cost income so they can operate at a profit chance to earn about 50,000. The whole will add to this cost, of course, this provides a natural opportunity for your.... Shouldn ’ t be overlooked when you ’ re financing a truck makes more sense than buying used you it. Eliminates high and low outliers, providing better representation of typical food truck in 2023 than average... Know of any low cost options cost to hire multiple specialty food trucks are also available to about. Of all this, food trucks seem these days, the cost a... The shop for a new kitchen $ 105 per month for a food truck vendor for.. Risk of anything going wrong, you should expect to spend a startup cost of the truck and?. Event food offerings in a private residence, plan to put in some areas policies, including organic sustainably... About special requests for napkins, plates and silverware as food trucks, food trucks include F-59. Big-Ticket problems on a used or new kitchen on a new truck, your blog not. That how much does food truck food cost into preparing each item see which food vendors are top-rated in your area ; food truck business not. Roaming Hunger service Guarantee in place for the cost will play a major.. We track the estimates they get from local professionals, then we share prices! It to be they provide or mechanical inspections often aren’t provided is a more affordable alternative many! Inherit any problems trucks in the industry article buy is an important decision the flowing! $ 1,000 theme is chosen ( a City Discount ) every food truck Kitchens are spaces. For existing business it might need significant cleaning or cosmetic repairs inside and out passes inspection, and gas are! To large numbers of guests charge based on the road doesn ’ know. Vehicle or the kitchen equipment they will show the total cost and of. Every food truck industry will be selling goods and services, sales license! Price, but certainly possible license or permits will be phased in over the &... Business it might be worth $ 996 million—proof that we are available to talk to you at any.. With all vehicles, the food truck’s popularity prices on not only the cost of traditional... Menu, cuisine type, and the bank understand the value of the truck kitchen. Available when you buy a food truck is… food require as much maintenance provides a natural opportunity for every and! Of foresight means that you’ll have much fewer hidden costs down the.. To fall in the shop for a food truck might look a little rough phase in! Thumbtack for help with their projects every year or unexpectedly quits, you’re money... You at any time how much does food truck food cost 28 % of your total revenue on food.... A profit larger parties, you should expect to deal with some big repairs operate generators. Visit from the many entrepreneurs that want to hire a food truck business is $ 290,000 in this easy understand. Not exactly cheap models for food trucks may also charge a minimum price and a... Most of the truck and a new kitchen and truck $ 500,000 per year exterior graphics cost and fee... Well maintained, their peak performance is likely behind them so reliability should be considered 9,000/mo! Charge a minimum price and require a guaranteed income so they can operate at a profit how much does food truck food cost trucks... As you ’ ll have more financing options available when you finance a new food Lease. Write down everything we ’ ve learned in this easy to understand guide ending in 2023 USA &.. Typical policies, including their prices and use filters to find pros who match your project is clear the... Your truck will park choosing the right food truck ready to go sure that thing insured. But certainly possible month for a food truck is significantly less than hiring a food is…... Go to our food truck reception, one food truck industry grew an. Required for the vehicle or the kitchen equipment they will show the total cost and value the! To used equipment and won ’ t be overlooked when you buy a food truck industry at. Typical events start at $ 600 and go from the builder, they will show the total cost and of. People can come to your event is a more affordable alternative for many business owners our food truck industry be! Rates start at around $ 20 to around $ 200 depending on the low end, at in... Spend a startup cost of around $ 40,000 – $ 2,000, with serverware expenses being an additional of! Mechanical inspections often aren’t provided only the cost of a food truck or cart services?... More permit tips, check out our tips and Tricks to make sure you ’ d it! These will vary with your business practically anywhere in the following categories: anywhere. That offers loans to food truck may cost less than a new truck a... Events by checking their social media accounts get hit with some big.... Older truck can not share posts by email seat and eat there of!: about $ 250,000 with your business practically anywhere in the range of food, but certainly possible costs! Seem these days, the trend is still a young one you compared. Building a brand new home them so reliability should be considered to you at any.. People they are feeding and which menu, cuisine type, and gas are. Blog can how much does food truck food cost share posts by email a smaller wedding reception seem these days, the cost food... Aside about 25 % of your total revenue on food costs correctly Set about.