Tips To Choose The Right Location For Your Food Truck Choose a street that doesn’t have too many similar food vendors around, has a regular flow of traffic for inviting large footfalls, and has establishments with young professionals and students in the surrounding area.
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.
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.
Based on the given menu which is Italian and Continental, you need a commercial vehicle which is at least 18-feet long, and a new one would cost around Rs 7-8 lakhs.
There are various trucks available in the market from Tata, Mahindra & Mahindra and Ashok Leyland.
If you want to set up a delivery model for the truck, you can hire two delivery boys or can tie-up with third-party logistics companies that charge somewhere around Rs 40-50 per delivery.
However, to keep the service level up to the mark and if you are looking to create an identity in the foodservice market, we would like to advise you to hire at least one delivery boy who will also help you to procure raw materials in the case of emergencies rather than depending upon the third party logistics.
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.