The Rise Of The Food Truck Industry

The food truck industry is booming! But why? For starters, eating out is one of the biggest pastimes in America. In annual sales, over $80 billion is spent on the restaurants. And over $1 billion in revenue is enjoyed by today’s food truck industry. Over the last five years, the industry which hails food trucks as the new and improved kings of the street vendors has seen an increase of 12.5%. And though entrepreneurs from everywhere are jumping aboard the food truck bandwagon, there is still plenty of room for newcomers. It isn’t likely that the United States will run out of streets, or street vendors, anytime soon.

Thinking of Getting into the Business?

As with any start up business, you need to have saved up some considerable cash (or be assured a well-sized loan) with which to launch the food truck business. The good news is that you won’t have to sign a lease on the building. You can forget about the decorations, seating, and tables. And running a small, truck encapsulated kitchen is a lot cheaper than running a restaurant kitchen. To save a little bit of money, consider buying a used food truck.

You Can Be Far More Flexible with the Food Truck

You will be able to make your own hours and those of possibly one or two other assistants. You don’t have to work on the days that you don’t feel like working. You can go wherever the most customers are and avoid traffic if there is a troublesome spot, rush-hour traffic, or road construction. You can pick up and go whenever you want to. And if you like, you can even change your menu at will.

Be Aware of Some Obstacles

Because nothing is without its obstacles, let’s take a look at a few.

While decidedly not as expensive as buying a building for a restaurant, a food truck is a significant investment. Different kinds of food trucks will cost different amounts, however. You can start simple and expand to something far more involved and deluxe as time goes by.

Local municipality and state regulations can be a pain. Before you launch your food truck business make sure that you check each and every one of them. Don’t forget about the county health department. You will deal with them on a regular basis. Explore every facet of this category because it can be as simple as parking restrictions or as involved as inspections, noise limits, hours of operation, etc.

Though you can keep your day job if you feel so inclined, you will need to devote a considerable amount of time while launching your new business. While not as involved as a full-service, brick-and-mortar restaurant, it takes a while to get going and established. But if cooking and concocting new recipes is your passion, and you can do it on a compacted scale, the food truck industry may well be something that you could enjoy and profit from.

When it comes to customized trucks, Mickey Truck Bodies can’t be beaten. We have a broad range of new and used food trucks. For over 100 years, Mickey has been a leader in the trucking and transportation industry. We also have a wide array of parts, trucks, trailers, and numerous service centers located throughout the nation. Mickey can fulfill every one of your trucking and transportation needs. Check us out today to find out how we can be of assistance.

Let’s keep truckin'.

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