Chef's Corner (Hells Kitchen) A forum for all your cooking delights! Post up cooking horror stories, your favorite recipe's, questions, or anything else that relates to what happens in the kitchen!

Would buying a food truck be a good investment?

Thread Tools
 
Old 06-11-2012, 10:53 AM
  #1  
Member
Thread Starter
 
JFrusci's Avatar
 
Join Date: Mar 2002
Location: Boca Raton, Fl
Posts: 50
Likes: 0
Received 0 Likes on 0 Posts
Vehicle: 2010 Genesis Turbo
Default Would buying a food truck be a good investment?

My wife does catering for private parties and has been thinking alot lately about getting away from it. She came up with the idea of owning and running a food truck. There isnt really that many around here so I think it would do ok just for the fact that its not a saturated market. It would be her and her 2 sisters running it.
Old 06-11-2012, 02:07 PM
  #2  
Administrator
 
Visionz's Avatar
 
Join Date: May 2001
Location: Upstate NY
Posts: 23,223
Received 6 Likes on 6 Posts
Vehicle: 2010 Genesis 2.0T
Default

If you can find a truck that already has everything in it, then it would be a cheap investment. As long as it didnt need any major repairs, and you could get decent insurance, than your wife should be fine.



If you decide to buy a truck with nothing in it, and put all the cooking stuff in it, then you could be looking at the cost of a small mortgage, depending on how crazy you get with it.



There are places out there that deal with those trucks exclusively. Do some research online and see what the best way to go is.
Old 06-11-2012, 03:43 PM
  #3  
Senior Member
 
faithofadragon's Avatar
 
Join Date: Mar 2006
Location: tacos
Posts: 9,533
Likes: 0
Received 0 Likes on 0 Posts
Vehicle: 2000 Elantra
Default

The odds of becoming successful in any sort of restaurant type business is rare, short of already established locations



That being said, like v said, if you cab reduce the initial costs maybe buy someone else's failure you have a much better chance of success




All times are GMT -6. The time now is 10:09 PM.