So, you’ve got a great idea for a business, meaning you’ll need to buy a food truck. There’s a lot more to the food truck than simply a mobile kitchen. You’ll have to think about your investment as well. Here are some things you need to consider and why a warranty is critical.
Buy a Food Truck: New or Used
If you get a new food truck, it’ll cost you $100,000 to $175,000 and that includes the kitchen. If you get a used food truck, it’ll cost you $125,000 to $200,000, including the kitchen, but excluding hidden costs, such as engine repair or other electrical issues that impact the kitchen.
Here’s the biggest thing: Buying a used food truck is like buying a home that needs to be fixed up. You get what you pay for. That can lead to big expenses while you’re building your dream kitchen in your dream food truck. The decision is yours, of course, but a major driver in this decision making process will be the speed at which you need to have a fully operational food truck.
If you’ve got kitchen space rented in a building, you could do away with some prep in the truck and leave that repair for another time. If you’ve only got the truck, your best option may be to simply get a new one.
Getting a Warranty
If you’re putting out a lot of capital for your food truck — and, let’s face it — a food truck, whether used or new, is expensive, you need a warranty. This is because it will help protect you financially if something goes wrong. Thus, think of it as a way to protect your investment.
A new food truck should definitely have a warranty that covers all parts of the truck, including kitchen. Since the food truck can be customized, you can decide where stuff goes and how you want the layout to be. That’ll help improve your operational efficiency. With the warranty, if something breaks, it’s easier to have fixed and less will come out of pocket. However, you need to know that the warranty may not cover everything and the time period of the warranty may vary.
For a used food truck, the warranty may be limited. That doesn’t mean that it’s useless though. Warranties, regardless of the type of truck, are beneficial for the owner’s protection. After all, just because the location can differ from day to day doesn’t mean that it’s not a business.
Protect Your Investment with Legion Food Trucks
The food truck is a unique way to run a business without having to worry about all of the hassles that a traditional restaurant has to worry about. However, it’s also acknowledged that a food truck has its own set of complications. A warranty, in this case, is like buying insurance on the building. It is critical, albeit potentially expensive.
Contact us to see how we can help you get your custom food truck — complete with warranty — today.