Food Cart Business Plan

Also, it should not be more than five years old, as due to pollution problems various state governments and environmental bodies are considering to ban 10-year-old commercial vehicles in different cities.

The old vehicle can further be modified and designed based on the requirement with an additional cost of Rs 1 lakh from the various bodybuilder shops.

But to save costs, you can start with an old truck which would cost half the price of the new one.

However, when buying an old commercial vehicle or truck one should check for proper fitness certificate, registration, road tax receipt, and insurance.

The advantage of mobility in the Food Truck format gives owners access to multiple locations at an initial capital that is lower than that needed in opening a restaurant of any other format.

Thus, it is no wonder that small restaurant owners are looking to invest in a Food Truck instead of an individual stationary restaurant.First of all, you should create a food truck business plan which would act as a roadmap to the future growth of your food truck.It is natural to have doubts when you are starting a big or small restaurant business, which is why you must Learn how you can create a business plan for your food truck here.So, the total cost of the final truck (old) without kitchen equipment is Rs 5 lakhs.This cost seems to very high from the 450 sq ft shop for QSR whose rent is somewhere around Rs 40,000, but in the long run, the food truck cost would be negligible as there is no or very less rent or fees to pay depending upon the vicinity.Food trucks have become quite a rage lately in the evolving restaurant space.According to the National Restaurant Association report, by 2017 food trucks will generate about .7 billion in revenue.The total cost of kitchen equipment comes to around Rs 3 lakhs which includes Microwave, juicer mixer, freezer, refrigerators, griller, steamer, working tables, one burner, exhaust equipment, generator or big batteries with an inverter.It is advisable going for new equipment as they are mostly electronic items.It is always advisable to have a good point of sale software which can keep your data safe and give detailed information about your inventory and sales.A good POS can make or break your restaurant business in today’s competitive environment as a lot of restaurants including QSRs and other food businesses use customer data to get repeat orders and take customer feedback.