How To Start A Mobile Street Food Business On A Small Budget

Mobile

Editor’s Note: Today we’re excited to present a post from Alyssa Johnson. Alyssa is currently working as a freelance writer for https://essayvikings.com/. Her lifestyle credo is “A satisfied customer is the best business strategy of all.”

On the outside, a mobile street food business does not seem like a high-cost means of entering the food industry.
 There is no flashy, high-profile location, no utility costs, and no long-term business property tax.

However, this does not mean that it is the cheapest way out there as there are still some costs and considerations to make when deciding to set up a mobile street food business. For those on a small budget who decide to get into the food truck vending industry, they may need to do some more planning. Being successful with a small business is a grind, so always be ready for compromises.

Have Enough To Sustain Yourself

In all honesty, running a street food stall is not easy work. It’s going to take a while to fulfill your business plan for a food truck as money is not going to roll in from Day 1, and hours will be long. You may have to dedicate a long, physically challenging day to get things up and running, and depending on your location for the day, you may not see the fruits of your labor immediately. Mobile

Have enough saved up for not only running your business, but to sustain yourself financially. The food vending industry will only work as hard as you do. All those hours are going to eventually pay off, but in the beginning, you will need to have enough funds to deal with the fact that you may have a long period where you are not raking in any profit.

You May Also Like...  5 Unique Things Food Truck Business Owners Should Do Every Day

Sign up to receive the FoodTruckr Newsletter and we’ll throw in our free guide: 6 Free Social Media Tools to Get People Talking About Your Food Truck.


Have Your Equipment Ready To Go

A mobile food vending business will not spring out of the ground, obviously. And making a taco, a cupcake or a smoothie will not appear out of thin air. You need to have the equipment to start. Look around for mobile business trucks for sale which might be going for cheap. Some people may be giving up their trade as a street vendor and may be looking to get rid of their mobile food truck equipment. You may be able to find some decent/used equipment on sale. Check your local listings.

Do not take any risks, however. Just because it is cheap, it does not mean it is a good deal. Gas equipment, for example, needs to have recognized industry markings and labels to certify that it is safe to be used.

Don’t skimp out on your safety just because you want to save a few pennies. Being pragmatic will be kinder to your budget in the long run.

Mobile

Get Your Legalities In Order

Probably the most cost-effective thing you can do when setting up a mobile food vending business is to get all the trading, safety and health qualifications and documents in order. It will save you money by avoiding hefty fines for trading illegally.

Treat it like you would a restaurant or bar; make sure you have the permission to trade, and make sure what you sell is of high quality.

You May Also Like...  How To Maximize Your Food Truck Revenue In The Mobile Kitchen Industry

Save yourself the legal trouble before it even arises.

Maximize Your Location

The good thing about mobile food trucks is in their name and function — they are mobile. By being savvy about where you locate your mobile canteen, you can make the most out of your money. If you decide to pitch at a music festival, an event or a popular shopping location, you will see that the money seems to roll in with ease. If you have enough saved to pay for the rent that a particular location requires, then you may find yourself getting the rent fee back many times over.

MobileLook into what locations tend to have the most footfall and aim to go there. If you can’t get there within the first few months of business, then work hard, advertise yourself and build yourself up to a reputation where people will even request you being there.

After all, supply meets demand and if you market yourself as a stall that needs to be at certain locations, you will never be short of demand and money.

If going for the most popular locations is not viable, then go for the cheapest and build yourself up that way. If what you are selling is good enough, you will find that people will come to you without having to rely on a marketable template.

Ask around, copy your competitors and fake it until you make it.

Looking to build a new custom food truck? Check out this link for more details!

To dig your teeth into what FoodTruckr has to offer, make sure to like us on Facebook and follow us on Twitter, and also make sure to check out more content that we bring to the table.

Recently on FoodTruckr

Amazing Party Food Ideas For 4th Of July 4th of July is just around the corner -- it is less than a month away, after all. How can we make this year's festivities go from great to otherworldly, one might be wondering? Simple: By brainstormin...
5 Food Options That Every Mobile Kitchen Owner Should Add To The Menu We aren't trying to step on anyone's toes here, but we live in a day and age in which people get frustrated when certain items aren't featured on food menus, no matter what the restaurant might be. ...
Common Characteristics Of Successful Food Truck Owners Many people have entered the food truck industry, and many people have failed. On the flip side, many prepared food truck owners have entered this industry and have found a great amount of success in ...
Everything You Need To Know About FoodTruckr’s ‘I’m A FoodTruckr’ Facebook Group Have you always wanted to break into the food truck industry? Perhaps you already have in a big way and you currently own and operate your own mobile kitchen, but you could still use advice in many ke...
FS011- A Successful Start (and a Cold Winter!) With Tony from Rig-A-Tony’s In this episode of FoodTruckr School, we're very happy to welcome Tony Fumarolo, owner of Rig-a-Tony's, a relatively new Italian food truck that serves the community of Fort Wayne, Indiana. As ...
FoodTruckr Heroes: The World’s Largest Food Truck Rally What’s better than a food truck festival that brings a ton of tasty trucks together in one place?  Admittedly, that’s a bit of a trick question!  There’s nothing better—except for a food truck fest...
FS012- What I Wish I’d Known Before Starting My Food Truck The most popular article on FoodTruckr is one titled: 50 Food Truck Owners Speak Out: “What I Wish I’d Known Before Starting My Food Truck". In fact, this was the very first post ever published on...
Why Prospective Mobile Kitchen Owners Should Bring Financing Into The Mix Editor’s Note: Today we’re excited to present a guest post from JSL Financial. JSL Financial specializes in providing hassle-free financing for small and medium sized businesses. You can find out more...
The Condition Of A Food Truck Could Affect Financing Editor’s Note: Today we’re excited to present a guest post from JSL Financial. JSL Financial specializes in providing hassle-free financing for small and medium sized businesses. You can find out more...
5 Branding Tips For New Food Trucks Editor’s Note: Today we’re excited to present a guest post from Adrian Cordiner. Adrian is a writer for nisbets.com.au. He is passionate about food, business, marketing, and technology, and never gets...
3 Reasons Why You Should Feel Accomplished If You Are A Food Truck Owner Editor’s Note: Today we’re excited to present a post from Jeremy Adams. Jeremy is the President/CEO of Prestige Food Trucks, which is the world's leading custom food truck manufacturer. In his current...
3 Things Successful Food Truck Owners Give Up Let's face the facts: If you want to be a success, no matter what industry/job we are talking about, then you are going to have to make some serious sacrifices. That's just the way success works. A...
FoodTruckr’s Top 10: Our Most Viewed Mobile Kitchen Articles Of All Time Over the years, FoodTruckr has been a one-stop shop for all things relating to the food truck industry. With that in mind, we have unleashed some informative articles over the years that have done mob...
5 Unique Things Food Truck Business Owners Should Do Every Day If you add up every single task, then there are probably 100 things food truck business owners should do every day -- at least. However, let's broaden the horizon a bit and not look at the obvious. ...
How To Increase Your Odds Of Getting Food Truck Financing Editor’s Note: Today we’re excited to present a guest post from JSL Financial. JSL Financial specializes in providing hassle-free financing for small and medium sized businesses. You can find out more...

About the Author

FoodTruckr

FoodTruckr is the #1 online destination for current and aspiring food truck owners looking to succeed in the mobile food industry. Self described “food truck devotees,” the FoodTruckr team enjoys reading about successful entrepreneurs, salivating over photos of burritos on Twitter, and long walks through food truck parks. Chat with FoodTruckr on Facebook or check out the FoodTruckr School podcast for more awesome tips to level up your business.

Love it? Share it: Share on Facebook Share on Twitter