Starting A Coffee Food Truck Business On A Budget

If you’re an entrepreneur passionate about coffee, starting a coffee food truck business could be the perfect venture. Coffee is one of the most popular drinks globally, and people are always looking for new and innovative ways to enjoy it. A coffee food truck can offer a wide variety of coffee drinks and tasty food items that pair well with caffeine. 

To get your business off the ground, first, you’ll have to consider the costs of making your business dreams come true. You might have heard different expenses that might or might not fit your capital; however, it’s better to focus on the essentials to have a great outcome. Here are some of the main costs of starting your coffee food truck business.

-You can be your boss: One of the best advantages of starting your coffee food truck business is that you’ll be your boss. You’ll get to set your hours and schedule, which means you can work around other commitments in your life.
-You can control your income: Another great advantage of owning your own coffee food truck business is having more control over your income. If you work hard and build a strong customer base, you could significantly increase your earnings.
-Lower start-up costs: The start-up costs of a coffee food truck business are relatively low compared to other businesses. You won’t need to worry about renting office space or purchasing expensive equipment.

Coffee, Drink Ingredients, and Baked Goods:  

Of course, one of the biggest costs you’ll face when starting your coffee food truck business is the cost of coffee, drink ingredients, and baked goods. You’ll need to factor in the cost of coffee beans, milk, sugar, cups, straws, napkins, and other supplies. 

Food truck or trailer: 

Another major cost you’ll need to consider is the cost of a food truck or trailer. You can expect to pay anywhere from $15,000 to $100,000 for a used food truck or trailer. 

Equipment:  

In addition to the cost of a food truck or trailer, you’ll also need to factor in equipment costs. You’ll need coffee brewing equipment and refrigeration units for milk and other perishables. 

Permits and licenses:  

Before you can start serving coffee from your food truck, you’ll need to obtain the necessary permits and licenses. The cost of permits and licenses will vary depending on your location. You may also need a seller’s permit, food handler’s permit, fire, health, and other permits.

Payroll:  

If you plan on hiring employees to help run your coffee food truck business, you’ll need to factor in the cost of payroll. You’ll need to pay your employees for their time, as well as any taxes and benefits that are required by law. 

Fuel and parking:   

Finally, you’ll need to factor in the cost of fuel and parking. If you plan on parking your food truck in a public space, you’ll need to pay a significant monthly or weekly fee. Even though you’ll be parked most of the time, consider the transportation to the place and that some appliances might need fuel to work as expected.

If your food truck business is successful, you can always expand by opening up a brick-and-mortar location. But if it’s not, you can move on to another location or change your concept without losing too much money.

In this kingdom saturated with businesses trying to make it on a daily basis, we own the throne to the best food truck builders! At Trailer King Builders, we ensure you have top-quality equipment to begin your coffee food truck brand. All our trucks are made from scratch following your ideas and business plan. 

We have partnered up with commercial lenders such as Quick Lease, Centra Funding, and Ascentium Capital. This will allow you to pay for your truck and equipment on flexible monthly payments and a hassle-free application process. Obtain your vehicle financing from the best food truck builders in town!

Of course, being your boss also comes with its fair share of challenges. But if you’re the type of person who likes to control your destiny, a food truck business is a great option.