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How Family Businesses Should Justify Food Truck Cost to Ensure a Good Investment

legionfoodtrucks - September 8, 2019 - 0 comments

If you are about to start a family food truck business, then you are likely wondering what to expect when it comes to buying a food truck, and the food truck cost. Should you save money up front and buy a used one, or should you buy a food truck that’s new and customized for your customers and growth goals while paying a bit more? Just how do you justify the cost and gauge whether or not something is a good investment? This article is intended to help get family businesses thinking in a good direction so they can make the best investment.

food truck cost

Food Truck Companies

The food truck cost from a reputable builder can easily be justified, because the best food truck companies only use the best materials and equipment, and they use growth-driven design in all of their projects. In other words, paying a higher sticker price for a food truck that’s been manufactured from a replicated model that mirrors hundreds of other trucks that rolled off the manufacturer’s floor does not justify a reasonable cost, but working with a company that only builds custom models based on their client’s growth goals and customers most certainly does justify a price that’s right up there with the best of them. 

low food truck cost

Food Truck Cost and Materials

A competitive budget should always be associated with trucks made from the highest quality materials. Cheap food trucks tend to be made with plastics and other porous materials that are hard to clean, dry, and that allow mold to grow and thrive. If you are looking at a food truck cost that seems high, there needs to be a good reason to justify it. This means the entire interior should be made from high-quality stainless steel as it is easy to clean, resistance to mold, and is very hygienic. That said, the things to consider when building a food truck that justifies a higher cost are high-quality materials in a custom build for your needs, and for your customer’s wants. 

best food truck cost

How Equipment Plays into Food Truck Cost and a Good Investment

Needless to say, used food truck equipment will garner a lower cost. However, in the long run this investment will likely cause you to lose thousands of dollars. Last year more than 80 percent of food trucks failed within their first two years of business. The main reason is that so many bought used food trucks with second-hand equipment. Ongoing breakdowns and the need for expensive repairs not only bled businesses dry, but all that time off the streets caused their customers to go elsewhere and form new loyalties with competing businesses. That said, cost is always justified when you get brand new equipment, on a custom designed platform meant to help you achieve your specific growth goals, rather than fit some universal model that only works for a small fraction of businesses.
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