Lease-To-Own Programs For Food Trucks

Food Trucks

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 role as President/CEO, Jeremy manages dozens of employees, interacts with clients, and maintains a healthy relationship with all of his business partners. Since Prestige, Jeremy has launched many other successful companies.

Many aspiring chefs and entrepreneurs alike struggle to start up a food truck business because of the initial costs.

Not only do you need the money to buy a food truck and all of the equipment but you have to have enough money to pay for employees, permits, etc.

While the two main options in the past have been renting or buying a food truck, a third option is now available thanks to Roaming Hunger’s lease-to-own program.

This concept should be very appealing to FoodTruckrs because not only will it make it possible to start a food truck business but you will also be able to build equity and someday own your truck, something that isn’t possible if you go the renting route.

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.

Lease-To-Own Programs For Food Trucks

Here are some of the mapped out benefits of this lease-to-own program (via Roaming Hunger):

Get a three year lease-to-own program that sets you up for success, exclusively from Roaming Hunger. Total Roaming Hunger program benefits are valued up to $90,000 over the life of the program and include:

  • Professional food truck wrap design ($1,500)
  • High-quality, professional website ($2,500)
  • Social media marketing and PR support to kickstart your business ($2,000)
  • Minimum of one catering opportunity from Roaming Hunger per month (estimated $1,000+ per booked event)
  • Free access to Roaming Hunger public event listings to fill your calendar (estimated $800+ per booked event)
  • Free food truck marketing profile on Roaming Hunger website
  • If you choose to sell your truck at end of term, Roaming Hunger will help sell your truck and waive any listing fees

Looking to take your food truck business to the next level? If so, then The Food Truck Growth Kit has your name written all over it!

As for requirements for the program, an established business will need a credit score of 675 or higher, a minimum of two years in business, revolving credit under $20,000, two years business tax returns and a three-year lease term.

You May Also Like...  The Best FoodTruckr Advice For Mobile Kitchen Owners From Last Week: Sept. 4-10

If you’re an entrepreneur, here’s what you will need to qualify for the program: 700-plus credit score, you need to be a homeowner, your credit card debt needs to be under $10,000, you need a solid business plan, you need culinary or business experience and a three-year lease term.

Looking for Food Trucks For Sale? Check out this link for more details!

There are many routes to enter the food truck industry, and Roaming Hunger is providing another great way with its lease-to-own program.

You can learn more about the program by following this link.

If you liked this article, then we encourage you to share your feedback, advice, questions and/or stories below!

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

FoodTruckr Articles That Will Help You Start Up A Food Truck Business If you're trying to start up a food truck business, then you likely have an endless amount of questions. What should my food concept be? How do I market my truck? What about permits? What ...
The Best FoodTruckr Advice For Mobile Kitchen Owners From Last Week: Oct. 29-Nov. 4 October came and went ... and it is now November -- if you can believe it. December is right around the corner, and so is January, which means 2018 is almost here and 2017 is just about over. Yes, ...
3 Things You Need To Become Addicted To In The Food Truck Industry To Ensure Success While there is no secret formula to success, there are certainly things people can do to increase their chances of succeeding, and we will be unleashing some of those things -- better yet, ingredients...
Street Food Rules And Regulations Food Truckers Should Know About Editor’s Note: Today we’re excited to present a post from Ronald Mccarthy. Food trucks seem to be on the rise all over the country as people go down the path of being self-employed and working re...
How to Run a Food Truck 13: Stay Motivated Through the Winter Today’s lesson marks an important moment in “How to Run a Food Truck”—not only are we wrapping up Unit 3, but we’ve also officially reached the halfway point of the entire series! You guys have been d...
The Best FoodTruckr Advice For Mobile Kitchen Owners From Last Week: Dec. 25-31 First off, we wanted to wish everyone a happy New Year! And now, we want to unleash a ton of advice in the form of every article published at FoodTruckr from last week. Use the advice/information w...
3 Steps To Become 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...
2 Invaluable Things Food Truck Chefs Need To Learn From Business Owners 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...
Is It Time To Hire A Manager At Your Food Truck Business? 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 Ways To Make More Time In The Food Truck Industry For Business Owners 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...
How to Run a Food Truck 23: Write the Recipe for Future Success FoodTruckrs, are you ready for the final unit of the “How to Run a Food Truck” series? We’re so excited to bring you the remaining lessons that will make up Unit 6—a section that’s all about setting g...
3 FoodTruckr Articles That Will Help Owners Out With Financing Food trucks are not cheap. As a result, you might be thinking it will take you years to become a food truck owner. With that said, financing alone could get you into the food truck industry much so...
FoodTruckr’s Annual Food Truck Industry Survey At FoodTruckr, our passion and purpose is to support your food truck business—whether you’re just getting started or you’ve been in operation for a decade. We do that by providing you with insights an...
How to Run a Food Truck 07: Run Promotions to Inspire Fan Loyalty In last week’s special customer service lesson, we learned how the FoodTruckr LEARN method helps you handle customer disputes. However, while it’s important to have protocols in place for those times ...
3 Unique Ways Food Truck Owners Can Break Up Their Days Being a food truck owner is not a cupcake career. Sure, you might make cupcakes a time or two during your journey, but you will likely work harder than you have ever worked before. Not to mention, 60-...

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

Leave a Comment

*