How Much Can You Expect To Pay For A Food Truck?
Written on February 1, 2017
You finally decided that you wanted to be a food truck owner. Yes, you have been an aspiring chef for quite some time, but you have finally made the decision to start up your own business, and you plan on doing so by entering the food truck industry with your very own mobile kitchen.
While there are still a thousand of other things you will have to figure out (such as making a business plan, your food truck concept, how to make a menu, how to be a manager, how to run a business, etc.), your first step is going on the great journey that is food truck shopping.
Therefore, we pose this question, a question you probably can’t get out of your head: How much can you expect to pay for a food truck?
The answer? It depends.
RELATED: Cooking Up A Storm In The Kitchen Will Only Take You So Far In The Food Truck Industry. Being a good cook is very, very important in the food truck industry, but you also need to be business savvy. If you can’t run a business, then your mobile kitchen will sink in no time. Check out this article for more details.
While that is vague, it is the truth. You could save some serious dough by buying a cheap food truck, but said cheap food truck might not be reliable, and we don’t recommend you taking that route as a result. After all, if you do decide to take that risky path, then there is a chance that your truck breaks down (multiple times, and multiple parts), which will cost a good amount of money to fix, and will also cost you money every day you are out of commission.
Entering the food truck industry is a risk in itself, and the last thing you want to worry about is your truck breaking down. Can you imagine how embarrassing — and costly — that would be if it happened while on the job? “Sorry, customers. We have to close down shop because are [fill in the blank] broke down … again.” You do not want to be that person. It’s not good for business — to say the least.
If you want to buy a high-end truck, then it can get pretty pricey. With that said, it is worth every penny. This is your business, after all, and it should look and feel exactly how you want it to. A high-end truck is not only reliable, but it features everything you need, and in the right places, and it could also lead to your truck being decked out with your logo and colors.
You see, if you buy a cheap truck, then there is a good chance that the previous owner’s logo is going to be on it. Not to mention, you might need other cooking equipment, cooking equipment that won’t even be able to fit into your truck unless you do some serious rearranging, which could, of course, cost some serious dough.
RELATED: 2 Simple Ways To Lure In Customers At Your Food Truck Business. Whether you are new to the lunch truck industry or have been trying to conquer it for years, these two simple (yet effective) steps will help you lure customers to your food truck.
If you want a Prestige food truck, a truck that is customized to fit all of your needs, then it could cost as low as $70,000 and as high as, well, it can get up to $200,000 or more. It depends on the size of the truck/trailer you purchase as well as all of the bells and whistles you want to be added. The actual cooking equipment surely comes into play as well.
Right now, Prestige has plenty of great food trucks for sale. As for the price, well, it’s all over the map. At the time of writing, our lowest food truck for sale is — believe it or not — $40,000. However, the next lowest truck would cost you $80,000.
Looking to finance your food truck? Make sure to check out this link!
Reminder: You get what you pay for.
If you want to see some of the work we have done in the past to get a better idea of what you are working with, then feel free to check out some of the trucks we have already sold.
In summary, if you want a high-end food truck, and you want it customized to fit all of your wants and needs, then you are likely going to pay at least $70,000. It can be much more than that depending on all of the bells and whistles.
This is your business, and if you are really serious about it, you should be willing to drop $70,000. Keep in mind, a food truck is typically less money than a sit-down restaurant. That is not only the case for the initial buy, but in the long run as well (food trucks have relatively cheap overhead costs). Not only should your business look nice and professional, but it should have the feeling of home, if you will. In other words, you should be happy to go to your lunch truck. You shouldn’t be disappointed every time you look at it.
If you don’t have the out-of-pocket money to buy a high-end food truck, then financing options are available. If that doesn’t seem like your cup of tea, then you might want to save up before making this extremely important purchase. You can save in other areas, and you should, but you should not go cheap when it comes to the foundation of your business. Your food truck is a “walking” advertisement for your business. It has (or will have, that is) your logo on it, right?
In every way imaginable, a high-end food truck is the way to go.
RELATED: Food Truck Articles That Prospective Mobile Kitchen Owners Need To Read. If you want to enter this fine industry, then you need all of the help/advice you can get. Therefore, look no further than these articles to receive some help/advice.
If you would like a quote, Prestige has you covered. Follow this link to request a custom quote.
More Prestige Food Trucks blogs can be found here!