Food Trucks for Sale (2024)

FAQs

Is buying a food truck a good investment? ›

Typically, owners will take a salary of less than half the food truck's profit, with pay ranging from $24,000 to $153,000 per year. If you can quickly build a successful business, earning $153,000 per year on a startup cost of $100,000 or even less seems like a good investment.

Quite a lot, actually. According to a survey conducted by Food Truck Nation in 2019, the average revenue for a food truck in the US is between $250,000 and $500,000 per year. However, some food trucks can earn as much as $1 million annually. Some, even more.

According to research, food truck failure rates correlate with the restaurant industry average. This means that 50% to 60% of all food trucks will go out of business within 5 years after establishing their service window. Starting a food truck business is a fun undertaking, but it is not without problems.

Poor inventory management can easily bankrupt you if you aren't careful. Your inventory, the food, and ingredients in your truck are your biggest, consistent expenses.

We recommend getting an LLC for your food truck business for several reasons, including reducing liability and making staying in compliance a bit less complicated.

Operational Risks

Although safety precautions must be practiced at all times, work-related accidents like slips and falls, smoke inhalation, burns, wounds, and heat stroke can still happen from day-to-day operations. In a workspace like a food truck, there are a lot of accidents that can arise in smaller spaces.

It depends on the location and the type of food being served, but typically food trucks can expect to serve anywhere from 50 to 200 customers per day in the first month of business.

Barbecue is consistently rated as North America's most popular – and most profitable – food truck item. Find out what kind of BBQ your customers want, and you'll be the hottest eatery on the block. With some simple spices, sauces, and seasonings, you can make any kind of BBQ food truck your own.

What food has the highest profit? ›