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Food Truck Business Plan

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Street Eats Food Truck

Value proposition.

Street Eats Food Truck offers high-quality, diverse, and affordable meals on-the-go. We blend creativity with culinary tradition, bringing global flavors directly to local communities, events, and private functions.

The Problem

People on the go often lack access to diverse, quality meals at affordable prices. Many food options in densely populated areas are either fast food or expensive sit-down restaurants.

The Solution

Street Eats Food Truck provides a solution by offering quality, flavorful, and affordably-priced meals directly to consumers in various locations. Our dynamic menu keeps customers interested and promotes a fun dining experience.

Target Market

Our primary target market includes busy professionals, students, and families looking for a quick and unique dining option. The secondary target market includes event organizers looking for catering services for festivals, private functions, and corporate events.

Competitors & Differentiation

Current alternatives.

  • Other food trucks
  • Fast food restaurants
  • Casual dining restaurants

Street Eats Food Truck stands out with its creative, globally-inspired menu, focus on quality ingredients, and commitment to customer service. We also leverage location flexibility, serving customers at numerous hotspot locations, events, and festivals.

Funding Needs

The estimated startup cost for the food truck, including the truck, kitchen equipment, initial food supply, permits, insurance, and marketing, is approximately $100,000.

Sales Channels

  • Street Eats Food Truck (various locations)
  • Catering for private events and festivals
  • Online orders for pick-up via the business’s website
  • Partnerships with local businesses and events

Marketing Activities

  • Social Media Campaigns
  • Local SEO and Online Advertising
  • Participation in Local Food Festivals and Events
  • Collaborations with Local Businesses for pop-up events

Financial Projections

2023: $150,000

2024: $175,000

2025: $200,000

Expenses/Costs

2023: $110,000

2024: $120,000

2025: $130,000

2023: $40,000

2024: $55,000

2025: $70,000

  • Obtain necessary permits and licenses — July 1, 2023
  • Purchase and outfit the food truck — August 1, 2023
  • Launch website and social media accounts — September 1, 2023
  • Open for business — October 1, 2023
  • Cater first private event — November 1, 2023
  • Participate in a local food festival — May 1, 2024

Team and Key Roles

Owner/operator.

Responsible for daily operations, menu creation, customer service, and event coordination.

Prepares the food, ensures quality control, maintains cleanliness and food safety standards.

Part-time Staff

Assists during peak hours and large events, helps with food preparation, customer service, and cleanup.

Partnerships & Resources

The purpose of these partnerships is to increase visibility, reach more customers, and create a thriving food truck business.

Local Suppliers

Partnerships with local food suppliers ensure fresh and quality ingredients, support local economy, and can potentially attract customers interested in locally-sourced food.

Event Organizers

Collaborations with local event organizers can provide access to large audiences at festivals, concerts, and private functions.

Local Businesses

Partnering with local businesses for pop-up events can attract their customers and provide mutual benefits.

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How to Write a Food Truck Business Plan – Download Template

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Want to look inside the business plan of a real food truck business? We’ve organized detailed business plan templates from successful food trucks and made them available to you in PDF and Word doc in this post. In addition to offer templates, we give you detailed instruction how to complete each section of the plan using this guide.

Before we dive in, keep in mind that it could take weeks if not months of planning to develop a business plan that’s helpful. Whatever time takes for you to write the business plan will be well spent. When researched correctly this document serves as the “game plan” for operating your entire mobile food business and sets the direction of your company.

Approach this document seriously because it can become the roadmap to operate your business and ensure you’re set up for success. When you’ve finished writing your plan, you should know where you plan to vend, estimated food costs, the marketing plan, and how you’ll raise money for the food truck. Pretty important stuff right? Let’s dig in.

Introduction

I want you to get the most value possible out of your business planning process. Why? I believe having an accurate business plan gives you the best odds of success for operating a profitable food truck.

And if you’re going to be investing tens of thousands of dollars into a food truck or trailer, cooking equipment, and permits, why not invest a few days creating a detailed plan for how to run the business.

Here’s one example why going through this process can be helpful from our Annual Food Truck Academy class, where train future food truck owners how to start a food truck. One student completed her research estimating food cost, overhead, and anticipated sales as part of her business plan. Then she came back and revealed that based on her current plan, the food truck wouldn’t be profitable. After factoring in tax, labor, and food costs there were no profits left over.

Our student was initially discouraged by the numbers, but I was happy. It’s much better to identify a revenue short-fall before you start the business than months after when you see sales coming in, but can’t figure out why there’s nothing left in the bank account. As a result of the work invested on the front end through planning, she was able to evaluate her ingredient cost and pricing to create a business plan that set herself up for success.

Still, many first time food vendors don’t take the time to put in this work. It’s a shame because it’s so easily avoidable.

One more tip before we get into researching and writing the business plan, don’t get overly hung-up on the structure of the document. Unless you plan to apply for a small business loan (then you will need to be more concerned about formatting, but let’s worry about that later), you’re not going to be graded on how pretty the document looks or how nice the nice fonts and illustrations. This isn’t an assignment for school where you’re going through the motions to get a B.

Instead focus your energy on making this plan useful for your business. Find specific locations that you plan to sell food. Get the contact information for these venues to learn how you can get into them. Figure out your exact food cost and how much it’s going to cost to get permits in your area. Putting ink to paper or word document is going to make the operations of your business real.

Now let’s get on with making your game plan!

Note to Reader: This is part of a series of posts following the process of starting a food truck with Anthony Salvagno (featured in the image below) as he writes a business plan, seeks funding, develops a concept, builds a menu, and ultimately launches his first food truck. Listen to the audio lesson inside this post to learn more about writing a winning food truck business plan.

The person that doesn’t have one [a business plan] sets themselves up for failure. – Anthony Salvagno on the importance of thinking before leaping into a business.

Serious about Starting a Food Truck?  Click Here To Get Our Free Food Truck Business Kit.

365 days on a food truck

Download Business Plan Templates

In my opinion, this case study is most effective when listening to the audio and downloading the example that Salvagno was kind enough to provide for this post. I’ve also linked to other resources that can help you write your own business plan.

Download Business Plan – Yes, this is the PDF business plan used to acquire $5,000 for a food truck during a business pitch competition. This document is referenced in the companion podcast.

Download Business Plan Template – Here’s a sample template you can use and edit for your own truck.

SBA – Create Your Business Plan – The Small Business Administration (SBA) does an excellent job outlining the steps needed to create a business plan. It’s not food truck specific, but it gives you what you need and there’s plenty of valuable information here.

You can learn a lot by reading business plans for other food businesses like restaurants as well. Operating a profitable restaurant is similar to operating a successful mobile food business. The main different is that a trailer is that it’s mobile.

Components of a Business Plan

Below is an outline of the key sections you’ll need to complete for a standard business plan with a description of how each section applies to a food truck or trailer business. Complete each section and you’ve got yourself a real plan for your business my friend.

Keep in mind that if you’re creating this document for yourself and not a banker you don’t need to get fancy with the formatting. The important thing is to have a detailed plan for the business before you open. If you feel the burning desire to make this look nice, you can make formatting updates after the

Executive Summary:

This is an overview of the information contained in the business plan and should introduce the name of your food truck and the food you plan to serve. This section should only be one page in length. Give readers the high-level overview of what the plan. You’ll have plenty of opportunity to dive into the nitty gritty in the next sections of the document.

The purpose of this section in most business plans is to give prospective investors information about your startup. Lenders reviewing a small business loan might be another audience, although they will be much more focused on financial side of things. But for most of our readers this section is for you, a business partner, and potentially a spouse.

For our Executive Summary we included 2 – 3 sentences describing these important aspects of the business. The provides anyone reading this document with a general understanding of what the business is and how it expects to make money:

  • The food item we plan to sell and specialize in.
  • The key people that will manage the business. In this case, the food truck will be owned and operated by two partners.
  • The business entity we plan to form. We formed an LLC.
  • Where you plan to operate the business and hours of operation. Our initial plan had us operating 5 days per week for lunch and dinner.
  • The basic marketing plan. Again you’ll dive into the details in the marketing and sales portion of the document.
  • Projected cost to fund the business and anticipated revenue.
  • Future goals. How will you know you’ve won? For some this will be a specific revenue number and for others this could be opening up a franchise with 100s of locations.

Again, unless you plan to bring on outside investors don’t worry too much about perfect formatting in the executive summary. This is to ensure you and your partners are clear on the high-level plan for the business.

Food Truck Mission Statement:

The mission statement for a food truck can be as short as a sentence or as long as a paragraph. This statement should define what you plan to serve, who you will serve, and the ultimate vision for the business. When done right the mission statement should guide every major decision you make for the business.

Here’s the mission statement from our business plan as an example: 

To provide the residents of our city, young and old, an out of this world gourmet peanut butter and jelly inspired sandwich experience. We use local ingredients and provide gluten-free, contaminant-free products for those with special dietary needs.

When a mission statement is done right it should actually influence how you operate and run your business day to day. For example, since the utilization of local ingredients is part of our mission statement, we’ve got to actively be looking for local suppliers to buy inventory. If we don’t, we’ve failed.

We also need to consider the dietary needs of different groups of people. This impacts the sandwiches we put on our menu every day. Again, if we don’t do this, won’t reach the goal we’ve set out to achieve.

A mission statement can be the most influential part of the business plan when it’s used the right way. On the other hand, this guide can be forgotten when it’s not used to guide decisions. To learn more about making impactful mission statements, watch this interview to go deeper on the subject.

free food truck business plan

Company Concept and Description:

This is the fun part. Here you will describe what you hope the food truck will become, the food you plan to serve, and why you believe it will be a successful business. For most food trucks this section only needs to be a few paragraphs in length.

Make sure to include information on why your food is both desirable and unique to customers in the area. Also, if you have some type of theme, like an island theme for example, include little details like this in the description.

If you plan to operate something more mainstream like taco truck, take the time to express what it is that makes you different in your market. A common way food trucks differentiate themselves is through their ingredients or style. For example, you could be the only taco truck in town that uses organic, locally raised meats. Or you might be the only one in town that specializes in making fish tacos. Find a way to standout and offer something that isn’t available elsewhere.

You want folks that read this section to be able to clearly envision the kind of overall experience they’ll enjoy when visiting your food truck. Here are a few guidelines for writing this section:

  • What food will you serve?
  • How is your food different than other vendors in the area?
  • Is there a specific type of consumer you want to attract?

As you can see from our own business plan, we differentiated ourselves through seasonal menu changes all the time and have menu options that cater to people that require a gluten-free diet. It’s also worth noting that our core product of peanut butter and jelly sandwiches is unique to the market.

Market Analysis:

free food truck business plan

Understand the players in your market before starting a business.

For smaller markets with a couple hundred thousand people living nearby this section might be short and include just 4 – 5 other trucks. However, if you’re entering a market like Los Angeles this section will be larger and more in-depth.

If you’re planning to enter a market that has 10 traditional taco trucks and you plan to start a traditional taco truck too, it will be to differentiate yourself from other vendors in the area.

Consider adding a spin to your own food concept like serving Asian tacos instead to provide local consumers will more variety and fill a potential need. If you’re not sure about the type of truck you want to create yet, looking at the market and seeing what type of food is missing can be a smart way to approach this.

In this area you’ll also want to identify the type of customer that will frequent your establishment. Any data about local trends that you can find will be useful to include as well like this report from IBIS World that forecasts growth in the United States food truck industry for the next 5 years. Google can be a good friend in locating the data to include in the document.

Management Structure:

stress restaurant owner

Most food truck owners start with a management structure of one.

This section is straightforward for most food vendors. You can list yourself as the owner and operator if that applies. But don’t forget about key employees or partners too. Many food trucks need a team of 3 – 5 employees to operate successfully during a lunch rush. Make sure these long-term players are accounted for.

In our business plan, it’s a partnership between brothers. The work load is split up between one brother operating the front of the house and marketing: accepting orders, booking new business and events, emailing and calling catering leads. The other brother focuses more on the chef duties including sourcing ingredients, cooking food, working with suppliers, and ensuring food quality.

Industry Survey Results: What is the Average Income of a Food Truck Vendor?

If you have more than one owner of the business this is where you want to take the opportunity to clearly define roles. This is an extremely important section of the document when multiple parties and their money are involved. By outlining everyones responsibilities in this document, it serves as a record of who was in responsible for certain aspects of the business. The more people involved, the more diligent you need to be with assigning tasks.

If it’s not written down, it’s easy for partners to recall things differently. This will help avoid conflict in the future for all parties involved. You need this.

The more stakeholders involved, the more complicated this section will be. You should also include investors and advisors in this section even when people aren’t excepted to help with the daily business operations. Outline what value these people have delivered to the business and what return they can expect in the future.

Product Line:

free food truck business plan

Ready-made meals can be a great way to diversify your product line.

Finally… This is the section you finally get to describe your food. I recommend outlining the main menu items and any signature dishes that you have in this section. But don’t stop at just the food that you plan to serve.

Other products and services that you plan to offer could include corporate catering gigs or weddings. These can be the biggest money makers for a mobile food vendor.

It pays to think outside the box too in this section. Some vendors that started out by serving food out the window of a truck exclusively have now begun to sell their trademark dishes in stores, online, or at restaurant. Don’t forget to think about possible paths for growth in the business.

  • Previous guest of the show Martie Richie of Motley Crews is an excellent example of someone that is doing just that. They’ve expanded to selling snacks online through their e-commerce website and at local gas stations.
  • Malcolm decided to open a restaurant to attain more consistent sales, especially through the slow winter months.

Sales and Marketing:

s'wich it up

A food truck can serve as a mobile promotional platform.

How do you plan to market your business and get sales? One of the biggest factors that determine the success / failure of a lunch truck is location. Will you be able to get into major events or areas with a lot of potential customers?

One of the biggest favors you can do for yourself to input into your sales and marketing plan is to create a tentative list of places you might be able to vend. Get extremely granular with this task. In fact, it might even help to print out a map to evaluate where the best potential vending locations are in your area.

Here’s the information you should gather as part of this process. You can add this information inside the sales and marketing section of the business plan as you gather it. 

  • Name of the vending location and cost details.
  • Contact information including telephone, email, and address. Ideally a dedicated point of contact in charge of booking vendors.

Here are some locations that work well for food trucks:

  • Farmer’s markets: You can usually find vendor information listed on the website.
  • Annual events: Browse your cities website for a list of upcoming events like car shows, fairs, or parades.
  • Social Media: One of the easiest ways to find good vending locations is to monitor the social media accounts of popular food trucks in your city. If they are vending somewhere, it’s probably a lucrative location that you might be able to vend at as well.
  • Corporate Workplaces:  Big corporate employers with a few thousand employees working at a single location can be a good option for generating consistent lunch sales.
  • Breweries and Wineries: Places like this often don’t want to build in a restaurant into their operations and partner with mobile food vendors to supply food to guests.

Pro Tip: Make sure to have a a lot of  different parking location options before getting started. Not every location you try is going to be profitable. By developing a big list of opportunities upfront, you won’t feel stressed about vending options because your dream vending location didn’t work out.

There are an endless number of tactics you can use to attempt to drum up business in the early days, but for most successful food business getting into events with big hungry crowds is the first step to building a brand locally and gaining traction. Learn more about finding profitable vending locations here.

Funding Request:

free food truck business plan

Just another day on the food truck.

The key to a good funding request is knowing exactly how much money you need and having a detailed plan explaining how you plan to use it. For food truck owners, the biggest early expense will be in buying a food truck and the kitchen equipment installed onboard.

You should also account for the amount of money you’ve raised or have on hand in this section. In our business plan for example, we were looking at $55,000 all-in to start the business. This would include the purchase of a food truck, our initial inventory of food, and permits. Be extremely diligent in outlining how you intend to spend every dollar in this section. It will safe you time late in the process and lenders will appreciate your attention to detail.

We were able to bring $14,850 or 27% of that total investment to the table that was raised mostly through personal savings, a small crowd funding campaign, and winning a business plan contest. The remaining 73% was acquired through the help of a small business loan. Being able to start a real food business like this for below $15,000 out of pocket is pretty cool.

Reader’s Note: If you’re not planning to seek funding through a traditional bank (or are simply planning to take out a personal loan based on your credit history) you can technically disregard this section, although you should still analyze closely how you intend to spend your money.

If you plan on asking for friends and family for money this attention to detail can help too. Even if they’re not in the food industry, it’s easy to understand that a commercial oven or fridge could cost a few thousand dollars. If you have a specific use for funds that makes sense, it increases the likelihood of obtaining a loan with friendly terms amongst family.

Financial Projections:

This is an extremely important area to spend time on before starting a food truck. I’d argue this section is as important as the product, sales and marketing plan of the business plan. This section will offer your first insight into whether or not the business idea you have is going to work or not in its present form.

From a practical standpoint, the main thing you want to figure out is what your break-even point for the business is. In other words, how much food do you need to sell in order to pay all of your monthly expenses? This is a simple, but critical question you must find the answer to before getting started.

You can determine the break-even point for a food truck business with this formula: 

Fixed Costs / (Price – Variable Costs) = Bread Even Point

Here’s the due diligence you’ll need to complete to find the break-even point for your food truck:

  • Add up the total monthly expenses you expect for the food truck to find your fixed cost number. This number will include loan payments, insurance, cell phone, and everything else you need to pay on a monthly. Use our guide to create a quick estimate of monthly costs.
  • The price refers to how much you plan to charge customers and how many sales you anticipate in a given month. From your perspective the less sales you need to break even the better as it will.
  • The variable costs is the expenses you put into cost of goods sold. In your case this if the food you’re selling. As you sell more, your variable cost will also increase because you need to buy more product. This is a good thing!

Based on your current fixed cost and variable cost estimates, find out how many total sales of your food total you would need to generate to pay all your bills. Does that number seem seem attainable based on the frequency you plan to vend each month?

Figuring out what your sales is going to be in the future will be the biggest leap of faith you make in the business plan. I always urge people to be being super conservative with sales estimates. You are going to have slow days and extremely busy days when you get out into the real world. Being financially ready for challenging times will make your business more resilient.

Forecasting Financial Projections:

In the financial projections, focus on estimating how much money you will make in the first year of the business. Investing too much time on longterm projections 5-years out doesn’t make any sense since you haven’t actually started the business yet. After the business has been operating for about a month, you’ll want to go back and review the previous estimates to ensure everything is making sense.

While estimating the projected revenue will require some guessing, figuring out startup and monthly operating expenses once the business gets going is much simpler. While there might be unexpected expenses that pop up before opening the business, you already know the monthly bills like insurance, phone, inventory, loan payments (if you have one), commissary.  Read our post that includes a spreadsheet on the Complete Breakdown of Food Truck Operation Costs for help researching this section.

Here are a few other quick tips for the financial projections section: 

  • Always start a business with some extra capital on hand and establish an emergency business fund. We suggest $3,000 – $5,000 minimum. You don’t want to find yourself underfunded going into the second week so and not be able to purchase supplies. Unfortunately, break downs also happen in this business so you want to be ready for them.
  • You’ll need to be comfortable making a few “educated guesses” in this section especially when it comes to revenue projections. Always be conservative with sales estimates. If you do end of exceeding expectations then that’s fantastic.
  • The primary goal of completing this process is to understand how much money you’ll require to operate the business and break even on a monthly basis. After determining a break-even, find out how much it will require to pay yourself a comfortable wage after taxes.

This is the place to include your permit from the health department, photos of the vehicle, and other legal documents needed to operate a mobile food business. This is a good spot to add photos of food or people smiling and enjoying your meals at events (if you’ve vended at an event already). Add in anything else you feel could be helpful too.

Bonus Tips When Creating Your Building Plan

Here are a few key concepts pulled straight from the audio companion of this guide.

  • Don’t be afraid to ask current food truck owners for help when writing a plan. They have the best understanding of what the market looks like and may even help you to create more accurate market projections. Not everyone will be willing to lend a hand, but some might.
  • The financial projections section is the most important and practical element of the business plan. You need this to be able to evaluate how much money you’ll to start the business and what prices you’ll need to charge for longterm success.
  • Don’t invest a ton of your time into longterm projections especially years 3, 4, and 5 of the food truck. Restaurants come and go. You won’t be able to make accurate projections out that far anyway.
  • You should be extremely detailed when estimating expenses. Including often overlooked items like sandwich wrappers, napkins, mops, buckets, and cleaning supplies. Knowing how much cash you need for day one of starting the truck right is critical.

free food truck business plan

Is Creating a Business Plan a Total Waste of Time?

Good question. That really depends on who you ask.

There’s a whole group of like savvy entrepreneurs and business people who don’t believe in the business plan at all. They’re like okay, you have this written document that you never ever use again. But then there’s this whole other group of people that actually believe in the business plan.

If you’re planning to try to get a traditional bank loan you will need to create a business plan. Having a written plan does not guarantee you will be approved for a loan. In fact, you might get turned down even with an okay credit history.

While it’s not perfect, I firmly believe going through the process of writing a business plan, when taken seriously improves your chances of success. You want to understand your competition. You want to understand where you plan to park. You want to have a few ideas about how you might market your business and what your overhead is going to be before starting the business. This document helps you make more educated decisions based on the work you’ve put in.

The Bottom Line: Will drafting a detailed business plan like this one take a long time? You bet it will. If you do it right, it could easily take a month or two to complete. But the benefits of doing so can be worth it and pay dividends for the life of your business.

So what’s the next step? I suggest enrolling in our free food truck business kit to learn more about the startup process. 

Want to start your own food business?

Hey! 👋I’m Brett Lindenberg, the founder of Food Truck Empire.

We interview successful founders and share the stories behind their food trucks, restaurants, food and beverage brands. By sharing these stories, I want to help others get started.

If you liked this story, sign up for our newsletter that includes our food business startup kit and most popular interviews sent straight to your inbox.

Know someone interesting that should be interviewed on the website? Tell us about them here. 

About the Author: Brett Lindenberg

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Calypso Tree

Food truck business plan examples: 20+ templates & success guide.

Are you dreaming of your own food truck? A solid business plan is your first step. But where to start? Don’t worry! This guide covers everything from defining your concept to finding hungry customers. We’ll even share 20+  food truck business plan examples  and templates to make it easy. Let’s get cooking!”

Table of Contents

What are the essential components of a food truck business plan?

Executive summary: the quick intro.

This is a short snapshot of your idea. What’s your food truck all about? What makes you special?

  • Example:  “Fresh Eats Food Truck is all about healthy and tasty food on the go! We’ll serve awesome salads, wraps, and juices to busy people who care about eating well.”

Company Description: Your Story

Tell us who’s behind the truck and why you’re doing this.

  • Example:  “Fresh Eats was started by chef Sarah, who loves creating healthy dishes, and Michael, who knows how to run a business. Together, they’re the perfect team!”

Market Analysis: Know Your Customers

Who will buy your food (customer demographics)? Are there other food trucks nearby (competitor analysis)?

  • Example:  “Fresh Eats is perfect for office workers who want a healthy lunch but don’t have much time. Other food trucks are around, but none focus on super healthy options like us.”

Menu and Pricing: What’s for Lunch?

Your menu is the star! Please tell us what you’ll serve, where you’ll get your ingredients, and how much things will cost (profit margins).

  • Example:  “We change our salads with the seasons! You can build your wrap and add tasty toppings. We use the best stuff, so our prices might be slightly higher than the taco truck.”

Marketing and Sales Strategy: Spreading the Word

How will you find customers and excite them? Consider social media, partnering with businesses, and offering special offers.

  • Example:  “We’ll post drool-worthy pics on Instagram and Facebook! We can park near office buildings at lunchtime and even bring food to company events.”

Operations: The Behind-the-Scenes Stuff

This is the practical part: where will you cook, who will help you, and how will you follow all the food safety rules and get the right permits?

  • Example:  “We’ll rent space in a special kitchen to prep our food. We need a chef and a cashier when it’s busy. We’ll make sure to follow all the health department’s rules!”

Financial Projections: The Money Part

Here’s where you get serious about money. How much will it cost to start (startup costs)? How much will you earn (revenue forecast)?

  • Example:  “We need money for the truck, kitchen stuff, and food to start. We think we can make $15,000 each month. Our goal is to start making a profit within six months!”

Why Do You Need a Food Truck Business Plan?

Think of your food truck business plan as your recipe for success. Here’s why:

  • A Clear Map: Your plan forces you to think through every part of your awesome idea. What kind of food will you serve? Where will you park? How will you be different from other food trucks? Answering these questions gives you a solid direction.
  • Show Me the Money! Need a loan or investor to get your truck rolling? A business plan shows them you’ve done your homework. It proves you understand the money side – how much things cost and how you’ll make a profit.
  • Plan for the Unexpected: Your plan helps you think “what if?” What if your best ingredient gets super expensive? What if it rains the day of a big event? Having a backup plan means those problems won’t ruin your business.
  • Reach Your Goals: Did you sell as much as you hoped? Are customers happy? Your plan lets you track your progress so you can see what’s working and what might need a change.
  • Fuel for the Long Haul: Running a food truck is hard work, but also exciting! Your plan reminds you why you got into this in the first place and helps you stay motivated.

It’s More Than Just Paper:

  • Opening Day Checklist: Your plan tells you which permits you need and the steps to get your truck up and running legally.
  • Finding Hungry Customers: Think office lunch crowd or late-night party crowd? Your plan helps you figure out the best places to sell your food.
  • Pricing for Success: Make sure you’re charging enough to make money but still keeping your prices fair. Your plan helps you find the perfect balance.
  • Building Your A-Team: Will you need helpers? Your plan makes sure you hire the right number of people for those busy times.

Remember: Your plan can evolve along with your business! Look it over often, make changes when you need to, and use it to make smart decisions to keep your food truck on the road to success!

What are the Typical Startup Costs for a Food Truck?

Launching a food truck is like opening a restaurant on wheels – there are some costs you just can’t avoid. Here’s the rundown:

Food Truck Examples

Food Truck Examples

  • Buying New: Can cost as much as a small house!
  • Buying Used: A cheaper option, but be sure to get a mechanic to check it out.
  • Leasing: Like renting a truck – monthly payments instead of one huge upfront cost.

Your Mini-Kitchen Setup

  • This depends on your food. Simple menu = cheaper equipment.
  • Ovens, fryers, fridges…think of what a tiny restaurant would need.
  • Don’t forget storage for napkins, utensils, and all that stuff!

The Official Paperwork

  • Every city/state is different. Some places have lots of strict rules.
  • Licenses: Give you permission to operate.
  • Permits: Think food safety, parking spots, and fire inspections.

Branding and design:

  • Your truck is your billboard! Think eye-catching paint or a wrap.
  • Logo design: Makes you memorable.
  • Menus: Need to be clear, easy to read, and look tasty.

Initial inventory: 

  • Start with enough ingredients for your first few days.
  • Overbuying means food going bad and wasted money.
  • You’ll learn what you sell the most of as you go!

Important Note: Costs change depending on where you live, your menu, and if you buy new or used. Do a ton of research specific to your area!

What are the Legal Requirements for Starting a Food Truck?

Think of your food truck as a mini-restaurant with extra rules since you’re always on the move. Here’s the basics:

Become an Official Business

  • Business License: This tells your city/state you exist. You’ll need one to get everything else.
  • Picking a Name: Make sure no other business has the same name!

Food Safety is #1

  • Health Permits: These prove your truck passes food safety inspections.
  • Rules are STRICT – clean surfaces, proper food storage, etc.
  • Each place you want to sell might have its own permit!

Your Truck Needs to Be Legit

  • Just like a car, it needs registration (license plates) and insurance.
  • Some places have rules about how big your truck can be, or where you can park.

You’re the Boss – Get Certified

  • Food Safety Training: You (and probably your staff) need to take a class.
  • This proves you know about keeping food germ-free and safe for your customers.

Rules can be totally different depending on where you live. Don’t just trust online info – contact your local health department and city hall!

How Specific Should Your Food Truck Concept Be?

How Specific Should Your Food Truck Concept Be

How Specific Should Your Food Truck Concept Be

Finding the right balance between specific and too narrow is key for food truck success. Here’s what to think about:

  • Stand Out From The Crowd: “Burgers and fries” isn’t going to cut it! You need something unique. Maybe it’s loaded burgers with crazy toppings, or all-vegan burgers.
  • But Don’t Go Too Niche: “Kale smoothie truck”? Probably too limited. You need enough options to keep customers coming back, even if you do have a specialty.
  • It’s More Than Just Food: Your concept is also about the vibe. Are you a gourmet hipster truck? A late-night comfort food spot? Matching this to your target audience is important.
  • Location Matters: A seafood truck in the desert? Might be tough. Make sure there’s a demand and that your concept fits the area.

Finding the Sweet Spot: Examples

  • Too Broad: “Sandwiches”. Boring!
  • Too Narrow: “Peanut butter and banana sandwiches ONLY”. Gets old fast.
  • Just Right: “Gourmet grilled cheese with a twist”. Specific but offers room for creativity and variety.

How To Conduct Market Research for Food Truck?

Food Truck Festival Business Plan Examples

Food Truck Festival Business Plan Examples

Market research is like spying on your potential customers! It helps you figure out what they want and where to find them. Here’s how to tackle it:

Who’s Your Perfect Customer?

  • Don’t just say “everyone”! Be specific.
  • Age: Are you aiming for college students or busy families?
  • Habits: Do they grab lunch on the go or hang out late?
  • Tastes: Spicy food lovers? Health nuts?

Scope Out the Competition:

  • Food Trucks: What other trucks are nearby? What do they sell? What do they do well? Where are their weaknesses?
  • Restaurants: Even regular restaurants compete for your customers’ dollars. Check them out too!

Get Out There!

  • Talk to People: Ask friends, neighbors, anyone who fits your target customer what they think.
  • Visit Food Truck Events: Taste the competition, see what crowds they attract.
  • Online Sleuthing: Social media, restaurant review sites – what do people say about the food scene in your area?

Dig into the Data:

  • Local Chamber of Commerce: They have stats on your area (population, income, etc.)
  • Foot Traffic Websites: These can show how busy spots are at different times of day, perfect for choosing where to park!

Remember: Market research is ongoing. Keep an eye on trends, what other trucks are doing, and what your customers are saying to stay ahead of the game!

How Do You Price Your Food Truck Menu?

How Do You Price Your Food Truck Menu

How Do You Price Your Food Truck Menu

Pricing your food right is tricky! You need to make a profit, but you can’t scare customers away with crazy high prices. Here’s what to consider:

The True Cost of Each Dish

  • Ingredients: Don’t just think about the main items. Every single topping, sauce, even the bun adds up!
  • Labor: How long does it take to make? More complicated dishes should cost more.
  • Overhead: The boring stuff – gas, permits, napkins…all these costs need to be covered.

Know Your Customers

  • What can they afford? Fancy ingredients in a student area is a bad idea.
  • What else is around? You can charge more if you’re the only gourmet option, but not if you’re parked next to a dollar hot dog cart.

Spy on the Competition

  • What do similar food trucks charge for similar items?
  • Are you offering something better? Then you can charge a little more.

Don’t Forget About Profit

  • You’re doing this to make money!
  • Aim for a profit margin – this means after paying for everything, you still have some cash leftover.
  • Most restaurants aim for around 30% profit margin on each dish.

Menu pricing is flexible! If something isn’t selling, lower the price. If you have a crowd-favorite, maybe raise it a bit.

How Do You Market Your Food Truck?

Bazaar Food Truck Festival Business Plan Examples

Bazaar Food Truck Festival Business Plan Examples

Food trucks need to get noticed! Here are the best ways to spread the word:

Strong social media

  • Social Media is King: Instagram for drool-worthy pics, Facebook to post your schedule. Short, funny videos on TikTok can go viral!
  • Get Chatty: Answer questions in comments, be friendly, and build an online following.
  • Location, Location: Always tell people where your truck is each day!

Participate in events

  • Events Are Your Friend: Food festivals, street fairs, even concerts – wherever hungry people gather.
  • Food Truck Roundups: Some cities have special events just for food trucks. Great way to find new customers.

Partnerships

  • Partner Up: Is there a coffee truck nearby? Offer a “brunch special” together.
  • Businesses Love Lunch: Park near offices and offer delivery for the whole group.

Positive reviews

  • Reviews Matter: Yelp, Google, anywhere people talk about restaurants.
  • Ask Nicely: Put a sign on your truck asking happy customers to leave a review.
  • Great Service = Great Reviews: Being friendly and having yummy food is the best way to make this happen!

What are the Risks of starting a food truck business? (And How to Fix It)

Food Truck Business Plan Examples

Food Truck Business Plan Examples

Food trucks are great, but they’re also a lot of work. Here are some  risks of starting a food truck business  you might face:

Weather dependency

  • Rainy Day Blues: No one wants to stand in line in the rain, even for fantastic food.
  • Solution: Have a backup plan! Indoor events and partnerships with businesses that have covered areas nearby.

Limited space

  • Tiny Kitchen: Cooking and storing everything gets cramped.
  • Solution: Smart menu design is key! Dishes that use a few fresh ingredients are easier to manage.

Finding reliable locations

  • It’s taken! Popular spots for food trucks get snatched up fast.
  • Solution: Network! Get to know other truck owners, check online calendars for your city, and scout new locations

Work All Day & Night

  • Long Hours: Prep before you open, serving customers, cleanup afterward…it adds up!
  • Solution: You can’t do it alone! Hire good staff, even if it’s just part-time helpers for busy times.

Challenges can turn into opportunities. Bad weather special? “Cozy comfort food for a rainy day!” Limited space? “Simple menu means your food gets to you faster!”

Where Can You Find Resources to Help Your Write My Food Truck Business Plan?

Don’t worry, you don’t have to do this alone! Here are places to find support:

Help from the Government (Yes, Really!)

  • The SBA (Small Business Administration): They love helping new businesses! Their website ( https://www.sba.gov ) has tons of info.
  • Local Business Centers: Search for ones near you. They often have free advisors to help with business plans.

Learn from the Pros

  • Food Truck Websites: Lots have blogs with advice, like “The 3 Things I Wish I Knew Before Starting”.
  • Industry Groups: Some areas have food truck associations – perfect for networking and getting tips.

Food Ideas for Your Food Truck Business

Choosing what to serve is a big decision for your food truck! Here are some ideas to get you started. Think about what you love to cook, and what people in your area might crave:

  • Ice Cream: Classic! Offer fun flavors and toppings.
  • Shaved Ice: Perfect for hot days.
  • Popsicles: Make your own with fresh fruit – healthy and yummy!
  • Grilled food: Burgers, chicken, even grilled veggies
  • Fried Chicken: A crowd favorite, but it needs special equipment.
  • Tacos: Endless options – fish, steak, vegetarian…
  • Pizza: Fancy with a special oven, or simple slices to go.
  • Salad: Freshest ingredients are key – boring salads won’t sell!
  • Smoothies: Lots of flavor combos, can add healthy boosts.
  • Wraps: Easy to hold, perfect for lunch on the go.
  • Pastries: Who doesn’t love a fresh donut?
  • Cookies: Gourmet cookies are trendy.
  • Cupcakes: Get creative – decorate them with a cool theme.
  • BBQ: If you’re a master smoker, this is a winner.
  • Mac & Cheese: Dress it up with fancy toppings!
  • Gourmet Hot Dogs: Not just for ballparks – think unique sausages and toppings.
  • Soup: Homemade and comforting on cold days.
  • Coffee/Tea: Perfect partner for another truck’s food!
  • Pretzels: Warm, salty snacks are always popular.
  • Ethnic Cuisine: Do you have a specialty? Share your grandma’s recipe!

Important: What’s popular in YOUR area? Does anyone else do what you want to do? Your idea needs to stand out!

20+ Food Truck Business Plan Examples & Templates

Pizza Food Truck Business Plan Examples

Pizza Food Truck Business Plan Examples

Printable Food Truck Business Plan Example

Printable Food Truck Business Plan Examples

Simple Food Truck Business Plan Example

Simple Food Truck Business Plan Examples

Template for Food Truck Business Plan Example

Template for Food Truck Business Plan Examples

Minimal Food Truck Business Plan Example

Minimal Food Truck Business Plan Examples

Editable Food Truck Business Plan Example

Editable Food Truck Business Plan Examples

Easy Edit Food Truck Business Plan Example

Easy Edit Food Truck Business Plan Examples

Customizable Food Truck Business Plan Example

Customizable Food Truck Business Plan Examples

Basic Food Truck Business Plan Example

Basic Food Truck Business Plan Examples

New Food Truck Business Plan Example

New Food Truck Business Plan Examples

A business plan is your roadmap to food truck awesomeness! It shows you’re serious and helps you avoid problems later.

Owning a food truck is hard work, but it’s super rewarding. A great plan is your first step towards making your food truck dreams come true!

Ready to turn your food truck vision into reality? A detailed business plan is your key ingredient for success. It’ll guide you through challenges, attract investors, and keep your dream on track. Need help getting started? Check out our food truck business plan template or other resources. Let’s make your food truck a delicious success story!

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Boston Food Truck Blog: Reviews & Ratings

Food Truck Business Plan Guide + Template

business plan for food truck

If you want to start a food truck, then a food truck business plan should be one of your very first steps.

A food truck business plan helps you to think through all the possibilities of your new entrepreneurial endeavor and face critical challenges before investing sweat, equity, and monetary resources.

The more developed your plan of action is now, the better chance you have at success down the road. Having a detailed food truck business plan will help provide a roadmap as you grow and will keep your business focused and organized.

Writing Your Food Truck Business Plan: How to Prepare

Writing a business plan does not have to be time-consuming or difficult. Focus on gathering all the information you need to make the actual writing process much easier.

The main skills that you will need are likely to be:

  • Collection of relevant data
  • Determining the readers’ needs for information, depending on your audience
  • Organizing the material that will be of greatest interest
  • Creating a professional document that represents your business in the best possible light

At first this all may feel overwhelming, but don’t worry – you can do it!

The main purpose of your plan is to introduce your food truck, show how you plan on being successful, and laying out some of the immediate groundwork ahead so that you can better prepare for the future and assess what you need to begin your food truck enterprise.

Customize Your Business Plan For Your Audience

Although a business plan can be generalized so that anyone can read and understand it, it’s smart to  have a specific group of readers in mind when crafting your business plan so that their interests can be targeted.

how to start a food truck

For example, if you plan to apply for grants, loans, or crowdsourcing funds, you’ll want to prepare your food truck business plan in a way that is oriented to those specific readers.

If one of your main goals is to promote your business to local civic groups and community organizations, your plan may be arranged in a slightly different way to inform and impress them with your business goals and focus on local efforts.

In other situations, you’ll want to gear your business plan for personal investors or professional associates who are considering a partnership with your enterprise. Keep the language simple and clear without being too casual or “slangy”. Avoid technical terms that some readers may not understand, or they may lose interest.

In all situations, you’ll want to customize your business plan’s content and language for the different audiences you’re addressing.

Food Truck Business Plan Outline

Here are the main aspects to consider when creating your food truck business plan.

  • Executive Summary
  • Company Description
  • Business Operations
  • Market Analysis
  • Marketing and Sales
  • Management and Ownership
  • Growth and Development

Part 1: Executive Summary

Most business plans start off with a thorough Executive Summary at the beginning of the document. Most executive summaries are one page, providing a brief overview of the entire scope of your food truck business venture.

Here you’ll include:

  • Overview:  In just a few sentences, explain why you’re starting your food truck. Include your name, the name of your food truck, and where you plan on operating your business.
  • Products and Services:  Quickly describe the type of food you’ll be selling and what gap or need in the market your food truck will be filling. Explain how you plan on selling the food (will you just be selling from your truck or will you provide catering services or a brick and mortar location as well?). Be brief here, as you’ll explain more about the food and ingredients further on in your business plan.
  • Financing:  Explain how much money you predict needing to start your food truck and how you’ll use that money. Again, you can keep it short since you’ll be going into more depth later.
  • Mission Statement:  This is the heart of your business plan – why do you even want to start a food truck? Why sell the food that you are selling? Give some insight into your vision and why your food truck business will thrive.
  • Management Team:  Briefly mention who you are, any parters you’ll be working with, and note any experience they may have.
  • Sales Forecasts:  Investors’ eyes go straight to the sales forecasts. Here, provide a quick one year forecast regarding the financial costs and expected food truck’s sales and profits of your food truck.
  • Expansion Plan:  What future do you see for your food truck business? What are your goals? How do you hope to expand?

In your executive summary, you’ll explain the  point  of your food truck – what is it all about?

If technical terms are necessary throughout the plan, include a list of words with their definitions at the beginning that will help readers better understand the document.

A good executive summary is no longer than one to two pages, can be more or less memorized, and is ingrained into your thoughts. It’s the core of your business concept on paper!

Part 2: Company Description

In the company description of your business plan, you’ll go more in-depth with the focus of your truck. Here, you’ll go into more detail about your food truck’s purpose and the role your truck will play in the community.

Some trucks focus on using locally sourced ingredients and using eco-friendly materials. Some food trucks may be all about nutrition and providing healthy food options in food deserts. Others may orient their brand around colleges and universities, providing cheap and tasty food for students.  Discuss your target customers and how you plan on winning them over.

line busting food trucks

In addition to everyday business activities, you can add special events or occasions that your business will be able to handle from the outset, such as catering parties or local charity events.

Provide readers with a clear idea of what you plan to do and how you will do it. This section also allows you to go into more detail about the specific goals you hope to accomplish with your truck.

Consider what your truck can do differently – how will you stand out from the crowd?  Talk about what makes your food truck special. The company description is a great place to sell investors on your truck – be confident and show them what you’ve got!

Part 3: Business Operations

In this part of your food truck business plan, you’ll provide a breakdown of activities, equipment, and supplies that will be needed. You don’t need to mention expenses here, as they will be covered in the financials section.

Include key points such as the following:

1. Hours of operation , along with anticipated special events if applicable.

2. Describe what your food truck will do , i.e., deliver hot or cold food, prepare convenience food on site, offer hot or cold beverages, set up indoor or outdoor eating areas, etc.

3. Outline the expected locations , using maps if desired, of your daily activities. For example, you may establish a specific list of destinations or stops of your daily deliveries, as well as weekend special events.

4. Make a list of any hired help , such as managers, assistants, employees, etc. Describe the duties and expected hours of each person, as well as any additional help you plan to hire within the first year or two.

5. Menu Items.  Outline any menu items or signature dishes you plan on servings, plus any key ingredients or food sources you plan on using. Also consider including special dishes you’ll offer for catering services or events.

Part 4: Market Analysis

Your market analysis is where you’ll explain your reasonings for entering the food truck market and why you foresee your truck being successful based on food truck trends.

You need to prove  why  your food truck will succeed. Include a market analysis of your target area and show food truck trend data, gathering information from any relevant sources. Include information on:

1. Industry & Audience Research

What is your target audience, and why can you expect them to eat at your food truck? What is the size and preferences of your key audience?

Do your due diligence – research and use the information you gather in your market analysis.

For example, you might meet with a company’s HR representative who oversees meal catering or food planning services for a company or organization. Employees in these positions may have authority to schedule your food truck on a routine basis, or they may explain why your food truck might not find many customers due to the company already having other sources of convenient lunch or snack options.

It is often helpful to consult the local chamber of commerce, which is typically aware of the many businesses operate in the area. They may be able to let you know if there’s a need for convenient mobile food in certain areas.

Other potential markets to consult include:

  • Community centers
  • Large companies
  • Tourist sites

These are all markets that may be able to provide information about their interest in your mobile food business.

You should also consider consulting with the city planner’s office or town council, as they might be able to help you obtain information about:

  • Traffic patterns
  • Planned construction projects
  • Festivals where food trucks would be desired
  • Upcoming venues where your food truck may be welcome

This is all valuable data for your market analysis!

2. Competition and Roadblocks

In addition, you may need to consider your competition as well as any city regulations or food truck licensing requirement  that might affect the food truck market.

Provide information about competitors, including the types of food they offer, their prices, and how you plan on overtaking them.

food truck festivals 2015

Don’t be afraid to include predicted obstacles or problems you may encounter – it’s important to show you’ve done your homework and have planned ahead for any potential issues.

Part 5: Marketing and Sales

Promoting and marketing your business is essential for success.

A solid food truck design is one major aspect of brand promotion, and you’ll want to make sure your truck has a memorable design and provides information on how to contact your truck.

However, promotion doesn’t end with the look and design of your truck. You’ll want to create plans on how you’ll extend your reach with strategies such as:

  • Your Website.  Keep your website up to date and include information about catering, food menus, and other info site visitors might be interested in.
  • Chamber of Commerce Business Directory.  Contact your local Chamber of Commerce and inquire about getting on to their business directory. Also research into other local business directories you could potentially join (some cities even have food truck associations).
  • Social Media.  Twitter, Facebook, Instagram, and other online media can generate interest and keep your food truck business actively engaged with an online customer base. Make sure to get your food truck up and active on social media!
  • Local News Outlets. Get in contact with local news outlets to try to get some coverage about your new truck. Many local news organization will be happy to do a piece on an up-and-coming new food truck, especially if you have a unique hook or spin to your business.
  • Getting Involved With Local Events.  Consider ways in which you can get involved with local events, such as catering community events or donating food to charity fundraisers. You could also sponsor a local little league team or even provide a talk about your food truck start up experience at a local business seminar. Activities like these put you in a favorable light with the community and spread awareness of your business.

In your food truck business plan, you’ll need to explain all you are willing to do to promote your food truck and convince readers of your business plan that you are ready and willing to work hard to build clientele and generate sales.

You’ll also need to include sales information in your food truck business plan. Include key points such as:

  • The number of sales you’ll need to keep you truck open
  • The number of sales you’ll need to turn a profit
  • Average menu prices or cost of dishes
  • How many days and hours you plan on selling

These down-and-dirty numbers will be key for keeping you on track and measuring the success of your truck.

Part 6: Management & Ownership

In this section of your food truck business plan, you’ll detail your key food truck team more extensively . If you’re a team of one, this section may be very short.

Explain the organization and structure of your business, such as:

  • Who is the main person in charge?
  • What are the various team members’ roles?
  • How will profits be divided?
  • Background, skills, and qualifications each member of your team will bring to the table

Part 7: Financials

Some experts believe that financials are the most critical aspect of a business plan.

Savvy investors sometimes take a cursory look at the Executive Summary and then jump right to the financial section to see how well the entrepreneur has planned the profits and expenses.

You’ll probably want to include information about the following areas of your food truck business:

  • Estimated start-up costs.  How much will it take to jumpstart your food truck business? Consider the cost of your vehicle and commissary rentals, plus other startup costs. Should contingency funds be set aside? If so, how much?
  • Supplies and equipment.  A breakdown of supply and equipment costs will help readers understand costs involved. They may also have ideas on ways to save money and cut down on costs.
  • Employees.  Include your earnings as well as income for other employees or consultants like accountants or legal advisers, taxes, and benefits, if any.
  • Intangible costs.  Insurance, vehicle maintenance, returns or food loss (due to spoilage), and other “invisible” expenses should be factored in.
  • Financial first year projections. Consider creating monthly or quarterly food truck sales projections based on your  existing sales plans while incorporating income, costs, and losses over the first year. After your first year’s projections, you can create monthly or quarterly annual estimates for the next few years of your business (don’t worry too much about the 3, 5, and 10 year projections at this stage – just focus on the first year or two for now). Make sure you dedicate a solid chunk of time to researching how much money you’ll need to operate your food truck – you don’t want to run out of money mid-season due to poor projections.

If you feel like you don’t have all the answers, that’s OK. You’re going to be making a lot of educated guesses, and that’s absolutely fine. Just make informed predications with real data to back up your assumptions.

Part 8: Funding

If you are looking for funding to help run your food truck, you’ll want to make sure you have the right numbers to back you.

In the funding section, you’ll want to explain:

  • How much money you need to start (and upkeep) your food truck
  • Where you plan on spending the money
  • How you plan on repaying any loans (and over what time span)

When it comes to earning funders, it’s essential that you’re clear and upfront about what you’ll need. Make sure to express the returns and benefits for potential investors.

Remember, getting investors isn’t a requirement by any means. Many successful food trucks save money and invest in the food truck themselves, so if you don’t love the idea of being dependent on an investor, you have plenty of other options.

Part 9: Growth and Development

In addition to making a case for starting up your food truck company, a business plan should include a segment for growth and development.

Although you may be satisfied to cater to a limited crowd of local college students or lunch time office workers, you may find yourself looking to expand in the near future.

Sometimes the demand for your food services may grow, even if you do not initially plan to expand.

A long-range plan for two, three, and five years, or even ten years, may be advisable if you plan to be doing this for a long time. Investors and others who read the plan will get a better idea of your long-term commitment as well as your insight to area marketing conditions as they decide how to respond to your initial set-up plan.

Part 10: Appendix

The appendix is where you can include additional material that readers may find relevant. This can include things like:

  • Your health department permit
  • Photos of your food truck
  • Any design concept material
  • Any applicable legal or licensing documents relevant to your food truck
  • Your food truck menu
  • Letters of reference
  • Food truck industry statistics and research data

Food Truck Business Plan Style and Design

When it comes to the look and style of your business plan, make sure your document is collated and bound in an attractive folder or report cover. You may also want to consider a slightly thicker paper stock for situations when you want to make an especially big impression.

Your food truck business plan should begin with a title page including your company name, followed by a table of contents to list all the material found within. Page numbers may be needed if the document is lengthy.

More Help, Examples, & Templates

Food truck business plan examples.

There are several real-life examples of food truck business plans on the web.

  • Food Truck Empire. Here’s a great food truck business plan example from Food Truck Empire. You may also want to check out their podcast on food truck templates , featuring advice from a food truck owner.

Food Truck Business Plan Templates

There are several free food truck business plan templates we recommend, including:

  • Legal Templates. Legal Templates offers a fantastic and extensive free mobile food business plan sample template . This is a great example to look at as you create your own food truck business plan.
  • SCORE.  SCORE is a non-profit organization dedicated to helping small businesses get started and become successful. This organization offers a number of useful services for small business owners, including business plan  templates .
  • U.S. Small Business Administration. The much larger parent organization that supports SCORE is the U.S. Small Business Administration. It, too, offers helpful business planning  templates  and advice for entrepreneurs.
  • Startup Business Plan Template. While this template may have information and sections not relevant for food trucks, much of the included info will be applicable. Since this business plan in uniquely geared towards startups, it’s a great template to begin with. Get the Startup Business Template here.
  • BPlans. Bplans offers many business plan templates, and while there is no food truck plan specifically, there is a Fine Fining Business Plan Template which can be a great resource as a place to start. It’s extensive and has more information than a food truck would need, but is still worth checking out. There’s also a Coffee Kiosk business plan example that will be especially helpful for food trikes or trailers.

Bonus Food Truck Business Plan Tips

  • Ask For Help.  If you’re struggling, consider asking other food truck owners for help with your business plan. They’ve been through it all before and may be able to help you.
  • Focus on Financials. Having hard, concrete numbers incorporated into your food truck business plan will build confidence and provide a roadmap for your business. These financials will help you evaluate how much money you’ll need to start your food truck business and how much you’ll need to charge to stay successful. Be as detailed as possible, considering the cost of everything from sandwich wrappers to cleaning supplies so that you can prepare accordingly.
  • Do It Your Way. Business plans vary greatly depending on the stage of the business, the structure of the business, and all kinds of other factors. Don’t be afraid to cut out what you think is un-necessary and only focus on the aspects of your food truck business plan that make the most sense for your unique needs.

Have you written a food truck business plan? What was your process like – did you use any resources you found helpful? Share your experience in the comments!

4 thoughts on “Food Truck Business Plan Guide + Template”

Writing a business plan does not have to be time-consuming or difficult. Are you kidding seems like you need a college degree in Business, Marketing, etcl Do you know any Incubator businesses or Mentors in the Hartford, CT Area.

It really can be as simple or complicated as you’d like it to be. Unless you’re bringing on outside investors, the business plan is mostly just for your own piece of mind and planning.

I don’t know off the top of my head if there are incubators in that area, but most likely there are some groups. I’d suggest asking existing food trucks in your area or asking the Chamber of Commerce.

So helpful, thank you

Thanks for this great info..

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Blazing Salads Food Truck: Salads & Pita Power

Food truck kitchen commissaries in boston.

Food Truck Business Plan Template

If you are considering starting a food truck business, you are in the right place. Our free food truck business plan template is designed to help entrepreneurs like you turn their culinary dreams into a reality. This comprehensive template provides a step-by-step guide to developing a solid business plan, which is essential to securing funding, attracting customers, and ultimately achieving success. Whether you are a seasoned chef or just starting out, our food truck business plan template can help you get started on the path to launching a successful and profitable food truck business.

free food truck business plan

Get the free business plan template here!

Are you passionate about food and looking to start your own business? If you've considered starting a food truck, you're in luck! Our free food truck business plan template can help guide you through the process of starting your own successful food truck business.

Starting a food truck business can be an exciting and fulfilling venture. You'll get to share your passion for cooking with others and have the freedom to work for yourself. However, launching a food truck requires more than just a love of food - it takes careful planning, organization, and strategic thinking to make it a success.

That's where our free food truck business plan template comes in. This comprehensive template is designed to help you create a solid business plan that will guide you through each step of the process. From identifying your target market and creating a menu to securing funding and developing a marketing plan, our template covers all the essential elements of a successful food truck business.

Here are just a few of the key features of our food truck business plan template:

  • Executive Summary: This section provides an overview of your food truck business and includes a summary of your mission, goals, and target market.
  • Company Description: This section provides more detailed information about your business, including your business structure, legal requirements, and any partnerships you may have.
  • Market Analysis: This section helps you identify your target market and understand the demand for your food truck business in your area. It includes a competitive analysis to help you understand your competition and how you can differentiate yourself.
  • Menu: Your menu is the heart of your food truck business, and this section helps you create a compelling and profitable menu that will attract customers.
  • Marketing Plan: Once you have your food truck up and running, you'll need to attract customers. This section helps you develop a comprehensive marketing plan that includes both online and offline tactics.
  • Financial Projections: This section will demonstrate some actual food truck financial projections so you can see what should be included in your food truck business plan.

Our food truck business plan template is easy to use and customizable to fit your unique needs. Whether you're just starting out or looking to grow an existing food truck business, our template can help guide you through the process of creating a solid business plan that will set you up for success.

Starting a food truck business is an exciting and rewarding journey, but it's important to remember that success doesn't happen overnight. With careful planning, hard work, and a solid business plan, you can turn your culinary dreams into a thriving business. So why wait? Download our free food truck business plan template today and get started on the path to success!

Food Truck Business Plan Frequently Asked Questions

Q: why do i need a business plan for my food truck.

A: A business plan is essential for any food truck entrepreneur, as it outlines the foundation and strategy of your business. It helps you define your goals, identify your target market, and map out the steps you need to take to achieve success. A solid business plan can also help you secure funding and attract investors.

Q: How do I create a menu for my food truck?

A: Creating a menu for your food truck can be a fun and creative process, but it's important to keep a few things in mind. Consider your target market and what types of foods they're interested in, as well as what is popular in the area you plan to operate. Think about how you can make your menu unique and stand out from the competition, while also keeping your costs low and your prices reasonable.

Q: How much does it cost to start a food truck business?

A: a good estimate is around $50,000 to $100,000 for a new food truck. This includes the cost of the truck, kitchen equipment, permits, and other start-up expenses. The cost of starting a food truck business can vary widely depending on factors such as the size of the truck, equipment needed, and local regulations.

Q: What kind of permits and licenses do I need for my food truck business?

A: The specific permits and licenses you need for your food truck business will vary depending on your location and the type of food you plan to serve. Generally, you'll need a food service permit, health permit, and business license. You may also need a parking permit and special permits for events and festivals. Be sure to check with your local health department and city officials to find out the specific requirements for your area.

Q: How do I market my food truck business?

A: Marketing your food truck business is essential to attract customers and build your brand. There are a variety of marketing tactics you can use, such as social media marketing, email marketing, and local advertising. You can also participate in local events and festivals to get your name out there and build relationships with other food truck owners and vendors. The key is to find the marketing channels that work best for your business and target your audience effectively.

We Know a Good Business Plan When we See One

Collectively, our team has reviewed thousands of business plans and has nearly 20 years of experience making SBA loans. We've also helped more than 50,000 businesses create financial projections across many industries and geographies.

free food truck business plan

Adam served as Executive Director for a SBA microlender in Indiana for over 10 years helping businesses and reviewing thousands of business plans.

free food truck business plan

Grace has built hundreds of custom financial models for businesses as well as our projection templates which are used by thousands of businesses every year.

free food truck business plan

Kyle served as an SBA loan officer for 7 years working directly with startups and business owners to review their business plans, projections, and prepare their loan package.

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free food truck business plan

Small Business Trends

Food truck business plan: everything to include.

food truck business plan

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Every business needs a plan — including food trucks. If you want to run your own food truck but don’t know where to start, here’s a guide that explains how to write a business plan in this industry.

What to Include in Your Food Truck Business Plan

A plan for a mobile food business includes many of the same elements as other business plans. But there are also some unique elements. Here’s a food truck business plan template to guide your own journey.

A plan for a mobile food business includes many of the same elements as other business plans, but there are also some unique elements that are specific to the food truck industry. To start, the cover page is crucial, as it provides potential investors, team members, and readers with a glimpse of what to expect from your food truck business plan. A professionally designed cover page can make a positive first impression and enhance the credibility of your venture.

Table of Contents

A table of contents is another essential component of your food truck business plan. It serves as a roadmap for readers, allowing them to quickly locate specific information they might be interested in. Since food truck business plans can be quite extensive, a well-organized table of contents is invaluable for easy navigation.

Executive Summary

The executive summary is a concise and compelling overview of your food truck business. It should not only provide a clear explanation of what your business does but also highlight its unique selling points and competitive advantages. Briefly mentioning key elements such as market analysis and operational challenges can give readers a glimpse into the comprehensive nature of your business plan.

Company Overview

Your food truck’s company overview should succinctly describe its purpose and the goals you hope to achieve. This section sets the stage for the entire plan and should reflect your passion and dedication to your food truck venture. Consider including a brief history of your food truck concept and how you came up with the idea to add a personal touch to this section.

Food Truck Mission Statement

Your mission statement should explain your reason for existence.  A well-crafted mission statement is a powerful tool that conveys the purpose and values of your food truck business. Your mission statement should go beyond merely stating what you do; it should also reflect your passion for serving your community and bringing joy to people through your food. For instance, your mission might focus on providing high-quality and innovative dishes that cater to diverse tastes while promoting sustainability and supporting local farmers.

free food truck business plan

Target Markets and Market Analysis

Identifying your target market is essential for the success of your food truck business. By narrowing down your audience based on location and demographics, you can tailor your offerings and marketing efforts more effectively. Conduct a comprehensive market analysis to understand the preferences and needs of your potential customers better. For example, if your food truck is primarily focused on offering gourmet desserts, target areas with a high concentration of dessert lovers or near popular event venues.

Food Truck Industry Summary

In the food truck industry, finding your niche is crucial for standing out from the competition. Research the existing food truck market in your area to identify gaps and opportunities. Determine how your food truck concept fits into the overall landscape, ensuring there is a demand for your unique offerings. Understanding the broader trends and challenges in the food truck industry can also help you make informed decisions and adapt your business strategies accordingly.

Read More: how to start a food truck business

Analysis of Local or Similar Niche Food Trucks

Studying your competition is an essential aspect of shaping your food truck’s unique identity. Analyze other food truck businesses in your area, especially those that offer similar cuisine or target similar demographics. By understanding their strengths and weaknesses, you can identify areas where you can differentiate yourself and create a competitive advantage. This analysis can also inspire you to innovate and bring a fresh perspective to your offerings, making your food truck stand out from the rest.

Food Offered

Create a basic menu. Consider your niche, demand from your target audience, and costs of ingredients and cooking equipment. The food you serve is the heart of your food truck business, so creating a well-thought-out menu is crucial. Consider your niche and target audience while designing your offerings. Conduct market research to identify popular dishes and food trends that align with your concept. Additionally, analyze the cost of ingredients and cooking equipment to determine the pricing and profitability of each item on your menu.

Planned Food Truck Locations

Planning your locations in advance can help you stay up-to-date with inventory and streamline marketing. Find local food truck festivals, special events, and areas with lots of foot traffic that are popular with your target market.

free food truck business plan

Food Truck Marketing and Delivery Plan

Your business plan’s marketing and sales portion should detail how you’ll communicate with potential customers to sell food. Your marketing plan may include listing on food truck finders, local advertising, and social media or search marketing.

Financial Plan and Funding

This section should include realistic financial projections based on how much food you can sell at various locations. Factor in startup, equipment, and food costs as well.

Legal Structure

Food truck businesses can have various legal structures. For example, a solo venture may be a sole proprietorship. However, most food businesses are LLCs or corporations to limit personal liability. Work with a business lawyer and/or tax professional to find the best structure for your needs.

Organization and Management

Outline your team and hierarchy to determine how everyone will be managed. For example, you may be the primary decision-maker. Or you may specify a few shift managers to answer questions when you’re unavailable.

Customer Experience Strategy

Detail your approach to customer service and the overall experience you aim to provide. This might include unique service methods, customer interaction policies, or how you plan to create a memorable experience for your customers.

Sustainability Practices

In this section, outline any sustainable practices your business will adopt. This could include using locally sourced ingredients, eco-friendly packaging, or waste reduction strategies.

Social Media and Online Presence

Elaborate on your strategy for building and maintaining a strong online presence. This could include plans for engaging with customers on social media, content marketing strategies, and leveraging online reviews and feedback.

Expansion and Scalability

Discuss your long-term vision for growth. This could involve adding more trucks, expanding to new locations, diversifying the menu, or even branching into catering services.

Partnerships and Collaborations

Outline potential collaborations with local businesses, event organizers, or other food trucks. These partnerships can increase visibility and provide mutual benefits.

free food truck business plan

A business planning appendix may include any supporting documents for the various parts of your plan. For example, financial statements or market research reports may complement your projections or competitive advantage.

Tips for Food Truck Owners to Write an Amazing Business Plan

Food truck businesses can follow these tips to create a concise yet effective business plan:

  • Get acquainted with your local food truck scene: Many elements of a food truck business plan rely on your local market and competitors. So spend time patronizing other businesses and attending events where food trucks may park.
  • Create a clear vision: Determine the type of food truck business you want to start and how you want it to stand out and operate to ensure all the sections match your vision.
  • Read other food industry business plans: If you’re not sure where to start, looking at examples from other food businesses may help.
  • Back up your claims: Don’t just guess about things like finances and legal structure. Get expert help and/or documentation if needed.
  • Remember your why: Keep in mind why you’re writing a business plan. This can help you speak in verbiage that will serve you in the future.

What is a Food Truck Business Plan?

Business plans outline what a company does and how it makes money. It includes everything from a summary of your business to your marketing plan. When creating a food truck or restaurant business plan , you may use it to pitch investors or refer to it when making future business decisions.

Why You Should Write a Food Truck Business Plan

A food truck business combines culinary creativity with entrepreneurial spirit. However, diving into this business without a solid plan can lead to a host of challenges. Like any business, the road to success is often filled with unexpected twists and turns. This uncertainty is where the importance of a food truck business plan comes into play.

A Guiding Light

A business plan is more than just a document filled with numbers and marketing jargon. It serves as a guiding light, illuminating the path that you intend to follow. With it, you know where you are headed, why you are going there, and how you intend to reach your destination. Without it, you might find yourself lost in the complex world of entrepreneurship.

Understanding Your Business Inside and Out

The process of writing a business plan forces you to delve into every aspect of your food truck business. From understanding your target audience to financial forecasting, you get a 360-degree view of what it takes to run your venture. This insight ensures that no stone is left unturned, preparing you to face challenges with confidence.

Demonstrating Commitment and Professionalism

Investors, bankers, partners, or even key employees may want evidence of your business’s viability and your commitment to the project. A well-crafted business plan is that evidence. It shows that you are serious about your food truck business and that you have considered the necessary elements to make it a success.

Risk Mitigation

Every business encounters risks, and having a plan enables you to identify and mitigate them. A business plan provides you with a structure to analyze potential pitfalls and develop strategies to avoid or overcome them. This foresight can save you time, money, and frustration in the long run.

Financial Health Check

Money is the lifeblood of any business, and a business plan helps you manage it effectively. Understanding your financial needs, projections, and how cash will flow through your business ensures that you keep your financial health in check. It enables you to make informed financial decisions that align with your business goals.

Continuous Evaluation and Adaptation

The business environment is always changing, and what works today may not work tomorrow. A business plan gives you a baseline that allows you to evaluate your performance continually. It enables you to make necessary adjustments, ensuring that your business stays relevant and competitive.

free food truck business plan

An Exit Strategy

Every entrepreneur needs to think about the future, including what will happen to the business down the line. Your business plan will allow you to consider and plan for various exit strategies, whether that involves selling the business, passing it on, or winding it down. Thinking about this in advance ensures that you are prepared for all eventualities.

A food truck business plan is not an option; it’s a necessity. It’s the backbone of your business that provides direction, insight, risk management, and continuous alignment with the ever-changing business environment. Writing a business plan reflects a deep understanding and commitment to your business idea. It’s an essential tool that can set your food truck venture on the path to success, helping you navigate the thrilling yet challenging journey of entrepreneurship.

The Pros and Cons of Writing a Business Plan for a Food Truck Business

This table provides an at-a-glance view of the benefits and potential drawbacks of creating a food truck business plan, which can be helpful for aspiring entrepreneurs in the food truck industry.

Ultimately, the decision of whether or not to create a food truck business plan is a personal one. However, there are many potential benefits to having a well-written and comprehensive business plan.

free food truck business plan

What are the first steps to start a food truck business?

The first steps include conducting market research, defining your target audience, planning your menu, finding a suitable food truck, securing necessary licenses and permits, and creating a comprehensive business plan.

How much does it cost to start a food truck business?

Costs can vary widely based on the location, equipment, and the type of cuisine, but you can expect to invest anywhere from $50,000 to $200,000, including the cost of the truck, equipment, licenses, insurance, and initial inventory.

What are the legal requirements for operating a food truck?

Legal requirements vary by location but may include business licenses, health permits, food handler permits, vehicle licenses, fire certificates, and local zoning compliance.

How can I finance my food truck business?

You can finance your food truck business through personal savings, bank loans, investor funding, crowdfunding, or small business grants.

How do I create a menu for my food truck?

Your menu should reflect your brand and target audience. Consider researching popular food trends, using quality ingredients, and offering unique dishes that set you apart. Price your items accordingly to cover costs and generate profit.

How do I choose the right location for my food truck?

The location should be determined by the target audience, local regulations, competition, foot traffic, and accessibility. It’s essential to find a legal spot with good visibility and foot traffic.

How can I market my food truck business?

Marketing strategies might include social media advertising, local event participation, partnerships with local businesses, loyalty programs, and traditional advertising methods.

Read More: food truck ideas

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Sample Business Plan For a Food Truck Business

sample business plan for food truck businesses

Writing a business plan is an essential part of starting a successful food truck business. It acts as the guiding document that outlines the goals and objectives, informs decisions, and helps to secure the financing needed to launch the venture, whether it be from lenders or investors. For new food truck business owners, having access to a sample business plan can provide invaluable direction and insights on how to create their own food truck business plan .

Download our Ultimate Food Truck Business Plan Template

Having a comprehensive business plan in place is vital for any successful food truck venture. It will serve as the foundation for your operations, setting out the goals and objectives that will help guide your decisions and actions. A well-written business plan can also give you clarity on realistic financial projections and help secure financing from lenders or investors. An example of a food truck business plan is a great resource to draw upon when creating your own business plan to ensure that all the key elements are included in your document.

Below is an example food truck business plan to help you see what one should look like. It can provide a good starting point for writing a business plan for your food truck. However, it is not nearly as comprehensive and successful in raising capital for your food truck as Growthink’s Ultimate Food Truck Business Plan Template . But it can help you write a food truck business plan for your business.

Food Truck Business Plan Example – Barbecue Brothers On Wheels

Table of contents, executive summary.

  • Company Overview

Industry Analysis

Customer analysis.

  • Competitive Analysis

Marketing Plan

Operations plan, management team, financial plan.

  Download the Food Truck Business Plan Sample PDF here.

Barbecue Brothers On Wheels is a family-owned and operated BBQ food truck business founded by brothers John and David. After successfully operating their flagship mobile kitchen for the last five years, they are now looking to expand their operations and open up a second location. To do this, the Barbecue Brothers have crafted a comprehensive business plan that outlines their goals and objectives, as well as the steps they will take to achieve them.

The Barbecue Brothers plan to open their second food truck in the heart of downtown Los Angeles. With over one million people living within a five-mile radius, the brothers intend to capitalize on this large population by providing delicious and affordable BBQ cuisine that is prepared on-site with high-quality ingredients. To stand out from their competition, the Barbecue Brothers will offer unique menu items such as pulled pork sandwiches, beef brisket tacos, and smoked turkey wraps.

To fund this expansion effort, the Barbecue Brothers are seeking $250,000 in startup capital from Angel investors. This money will be used for purchasing a new truck and equipment as well as setting up the necessary kitchen space. With a successful track record of satisfied customers, the Barbecue Brothers believe they have what it takes to succeed in this highly competitive industry and are eager to get started on their next venture.

By following this business plan, the Barbecue Brothers will be able to reach their goal of becoming one of the top BBQ food truck businesses in Los Angeles. With your support, we can make our dream a reality and bring delicious BBQ cuisine to even more people.

Company Description

Barbecue Brothers On Wheels is a family-owned and operated BBQ food truck business that has been serving customers in Los Angeles for the past five years. Founded by brothers John and David, the business has quickly become one of the most popular mobile BBQ kitchens in town. With an emphasis on using only high-quality ingredients, they specialize in mouthwatering pulled pork sandwiches, beef brisket tacos, smoked turkey wraps, and other savory favorites.

The Barbecue Brothers have forged successful partnerships with many local businesses as well as organizations such as schools and corporate events which helps to expand their reach beyond just downtown Los Angeles. Their flagship food truck has been consistently recognized for its excellent customer service rating across all online sites helping them build a loyal following throughout their community.

John and David recognize the importance of giving back to those who are less fortunate than them so all profits generated from catering jobs are donated to local charities such as soup kitchens around Los Angeles county. Through these efforts combined with delicious recipes unique to this business, Barbecue Brothers On Wheels has achieved great success in developing its brand identity over the last five years but now they look towards further expansion into more locations within the Los Angeles area.

The food industry in the Los Angeles area is growing rapidly and becoming increasingly competitive. Food trucks offer an exciting alternative to traditional restaurant dining, allowing customers to enjoy high-quality, fresh, and affordable meals without having to commit to a single location. Over the past decade, food trucks have become increasingly popular in major cities across the US, with cities such as Los Angeles boasting over 2,000 licensed food trucks.

The main competition for Barbecue Brothers On Wheels is other food trucks in the area offering similar menu items. This competition forces businesses to stay ahead of their competitors by constantly innovating and reinventing their recipes and menu offerings. In addition, they must create a strong customer loyalty program that will encourage repeat customers and remain competitive on pricing due to a large number of options available to consumers.

Finally, Barbecue Brothers On Wheels must be prepared to scale quickly in order to keep up with the growing demand for mobile dining options in LA county. With careful planning and strategic investments, Barbecue Brothers On Wheels can succeed in this highly competitive market by setting itself apart from the competition.

The customer analysis for Barbecue Brothers On Wheels should focus on two main target markets: mobile diners, and BBQ aficionados.

Mobile Diners : Mobile diners are those individuals who prefer to dine outside of a traditional restaurant setting, either at food trucks or other outdoor locations like events or festivals. These customers tend to be younger, single professionals or families with young children who are looking for convenience, affordability, and delicious meals. They also care about being able to support local businesses and the community.

Psychographics of this target demographic includes people on the go; tech-savvy consumers who are comfortable using online platforms for research and ordering; adventurous eaters who enjoy trying new foods; and those looking for a unique dining experience.

To reach these individuals, Barbecue Brothers On Wheels should invest in an effective digital marketing strategy that includes social media channels as well as online advertising.

BBQ Aficionados : The second target demographic for Barbecue Brothers On Wheels is barbecue aficionados – customers who have an affinity for barbecue cuisine and a preference for authentic flavors. These customers often look beyond just the taste of the food but also seek out restaurants that can offer something special in terms of atmosphere, customer service, quality ingredients, and presentation.

Psychographic characteristics of this group include adventurous foodies seeking out the best barbecue in town; those with a strong appreciation for craftsmanship in their meals; fans of small businesses looking to support local entrepreneurs; and those with a passion for cooking will appreciate the emphasis on high-quality ingredients used by Barbecue Brothers On Wheels.

To reach this audience effectively, Barbecue Brothers should consider investing in traditional print marketing materials such as flyers or brochures that can be distributed at popular BBQ joints around Los Angeles County. Additionally, they could participate in local festivals that draw large numbers of barbecue enthusiasts from all over California making sure to bring enough samples so everyone can get a taste of their signature dishes.

Competitor Analysis

For a BBQ food truck business like Barbecue Brothers On Wheels, competitor analysis is essential for success. In the highly competitive Los Angeles food truck industry, it is important to identify the main competitors and understand their strengths and weaknesses. Doing so will allow Barbecue Brothers to set themselves apart from the competition by offering something unique that will draw in customers.

The main competitors of Barbecue Brothers On Wheels are other BBQ-focused food trucks in Los Angeles County. These include notable names such as The Rib Whip, Pig Out Delights, Smoke N’ Grillers, and Hog Heaven BBQ.

The Rib Whip is known for its specialty sandwiches featuring slow-cooked meats paired with signature sauces and fresh vegetables on a hoagie roll. They cater to both lunchtime and evening crowds alike, serving up large portions at a reasonable price. Strengths of The Rib Whip include quality ingredients, generous portion sizes, affordability, convenience, and excellent customer service. However, one area where they could improve is the level of creativity in their menu offerings which may not be appealing to more adventurous or experimental eaters looking for something new every time they visit The Rib Whip.

Pig Out Delights serves classic BBQ favorites such as ribs, pulled pork sandwiches, macaroni and cheese topped with bacon bits, and sweet potato fries. Their signature dishes are made using locally sourced ingredients whenever possible and come in generous portions that can easily be shared among two or three people. Strengths of Pig Out Delights includes freshly prepared meals made with high-quality ingredients at very fair prices as well as attentive customer service that many customers have come to expect from this establishment. Unfortunately due to its location away from popular downtown areas like Hollywood or Downtown LA, some customers are unable to try out this delicious cuisine unless they make a special trip out there- something many LA locals might not be willing to do just for some good BBQ!

Smoke N’ Grillers offer classic American BBQ fare such as brisket sandwiches slathered in house-made barbecue sauce along with sides like cornbread muffins or coleslaw salad. They focus on providing generous portions at an affordable price point while allowing customers to customize their own meals with various toppings and condiments. Strengths of Smoke N’ Grillers include their location in a busy part of town, competitive prices, and their ability to accommodate special dietary requests. On the other hand, Smoke N’ Grillers could improve its menu by offering more creative and unique dishes that can differentiate them from the competition.

Finally, Hog Heaven BBQ is a gourmet BBQ food truck that serves up only the finest cuts of meat prepared with signature rubs and sauces. They focus on delivering high-end dining experiences at an affordable price, setting them apart from other BBQ establishments in the area. Strengths of Hog Heaven include their commitment to using only the freshest ingredients, their quality service, and their delicious dishes that consistently wow customers. However, they could improve by diversifying their menu with more budget-friendly options or dishes that cater to different dietary needs.

By understanding their competition, Barbecue Brothers On Wheels can identify areas of improvement as well as opportunities to stand out and attract more customers. They can focus on providing unique dishes that are only available at their food truck and focus on delivering excellent customer service. Additionally, they can look into utilizing local ingredients whenever possible in order to appeal to customers who are conscious of where their food is coming from. By doing these things, Barbecue Brothers On Wheels can become a leader in LA’s BBQ scene.

Barbecue Brothers On Wheels is the newest BBQ food truck to hit Los Angeles. Our mission is to provide customers with an unforgettable dining experience that combines quality ingredients, generous portions, and unique flavors for a price that can’t be beaten.

Our Product : We offer classic American BBQ fare such as brisket sandwiches slathered in house-made barbecue sauce enhanced by our signature rubs and sauces. All of our dishes are freshly prepared using locally sourced ingredients whenever possible and come in generous portion sizes that can easily be shared among two or three people.

Price : At Barbecue Brothers On Wheels, we understand that value matters just as much as flavor so we strive to keep our prices competitive without sacrificing quality or taste. You won’t find better deals anywhere else!

Promotion : We will promote through digital channels such as Facebook, Instagram and Twitter along with local advertising campaigns like print ads in newspapers and magazines. Additionally, word-of-mouth referrals from satisfied customers are key to helping us spread the word about Barbecue Brothers On Wheels!

Place : Our food truck is conveniently located on busy city streets where commuters have easy access during their lunchtime break or while they’re running errands. We also offer catering services for events such as office parties and family gatherings.

At Barbecue Brothers On Wheels, our goal is to provide customers with an unforgettable and unique dining experience. Our daily operations focus on delivering quality food that is freshly prepared using locally sourced ingredients whenever possible. Every day we will start by preparing the sauces and rubs for our signature dishes as well as preparing the sides. Once all of the ingredients are prepped and ready, we will begin cooking on-site to ensure that every order is served hot and fresh.

Staff Requirements:

For the successful day-to-day operations of Barbecue Brothers On Wheels, we need a team of dedicated individuals.

  • Chef – To prepare the signature dishes using fresh ingredients and signature sauces.
  • Cashier – To take orders and process payments in a timely manner.
  • Food Runner – To deliver orders to customers quickly and accurately.
  • Cleaner – To make sure the food truck is clean and presentable for customers.

We need a variety of supplies in order to run our business effectively. This includes ingredients, paper products, cleaning supplies, and small wares. We will focus on sourcing all of our supplies from local vendors to ensure that we are using quality ingredients while supporting the local economy.

Our menu consists of classic American BBQ fare such as brisket sandwiches, pulled pork, and ribs. We also offer sides like slaw, potato salad, and baked beans. In addition to our regular menu, we will offer daily specials that can range from tacos to nachos.

Customer Service:

At Barbecue Brothers On Wheels, we strive to provide our customers with the best possible experience. Our goal is to make sure every customer is satisfied by delivering excellent customer service that is prompt and friendly. Additionally, we will listen to feedback and make changes as necessary to ensure that customers are always happy with their experience.

The safety of our customers and staff is paramount. We will adhere to all regulatory standards and best practices when it comes to food handling and sanitation. Additionally, anyone working in the food truck must wear protective gear such as gloves, masks, and hats.

John and David are the co-founders of the Barbecue Brothers On Wheels. John, who has a background in culinary arts, is the head chef and primary visionary of the business. He oversees operations and ensures that all dishes are made with the finest ingredients. His passion for barbecue stems from his childhood in Texas where he fell in love with the art of making authentic, mouth-watering barbecue.

David is an experienced business professional and handles the administrative side of the operation. He focuses on marketing, financials, and customer relations. His goal is to make Barbecue Brothers On Wheels a household name by providing unbeatable quality and service.

With their founding Members John and David teaming up, Barbecue Brothers On Wheels is set to be the go-to BBQ food truck for city dwellers.

At Barbecue Brothers On Wheels, we understand that the financial aspect of running a business is integral to its success. We have formulated a financial plan that will help us achieve our goals and ensure the longevity of our business.

Startup Costs:

To get our business up and running, we need to cover a variety of startup costs such as purchasing equipment, leasing a truck, and acquiring ingredients.

Operating Costs:

Once we are open for business, our operating costs will include labor and overhead expenses. We plan to keep these costs in check by implementing cost-saving methods and leveraging technology to streamline processes.

Revenue Model:

Our revenue model relies on selling our signature products and daily specials at a fair price. We will also pursue additional revenue streams such as catering and delivery services.

Profitability:

Our goal is to achieve profitability within two years of launching the business. We plan to do this by increasing revenue through catering services and expanding our customer base, as well as reducing expenses by maximizing efficiency and maintaining ongoing cost-saving practices. Additionally, any profits will be reinvested into the business to further expand our services and capabilities.

Commitment to Excellence:

At Barbecue Brothers On Wheels, we are committed to delivering the highest quality product and service possible. We strive to use only the freshest ingredients and prepare our dishes with care. Our staff is highly trained in customer service, food safety, and proper food handling techniques.

We understand that quality is paramount and that is why we will never sacrifice our standards. We want to build a long-lasting business that customers can trust and rely on for delicious, mouth-watering barbecue cuisine.

Sample Menu

  • Fried Catfish
  • Pulled Pork Sandwich
  • Smoked Sausage Platter
  • Hand-cut French Fries
  • Baked Beans
  • Collard Greens
  • Corn Bread Muffins
  • Cobbler Pie

Financial Projections

Balance sheet.

[insert financial statement]

Income Statement

Cash flow statement, food truck business plan example pdf.

Download our food truck business plan pdf here. This is a free food truck business plan example to help you get started on your own food truck plan.  

How to Finish Your Food Truck Business Plan in 1 Day!

Don’t you wish there was a faster, easier way to finish your food truck business plan?

With Growthink’s Ultimate Business Plan Template you can finish your plan in just 8 hours or less!

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Free Food Truck Business Plan Template

Table of Contents

If you’re contemplating starting a food truck business, having a solid business plan is crucial to its success. A business plan is a roadmap that outlines your business’s objectives, strategies, and financial projections. It helps you stay organized and focused on your goals and communicate your vision to potential investors, partners, and lenders. A business plan template for a food truck can make writing a business plan easier. In this post, we’ll guide you through the essential steps of creating a comprehensive food truck business plan. From conducting market research and defining your target audience to analyzing your competition and developing a marketing plan. We’ll also provide free templates and examples to help you create a professional plan .

Steps to Writing a Successful Food Truck Business Plan

Define your concept.

The first step in writing a food truck business plan is to define your concept. What type of food will you be serving? What will your menu look like? Will you specialize in a particular cuisine or offer a variety of options? Defining your concept will help you create a unique brand and stand out.

Conduct Market Research

Next, you’ll want to conduct market research to determine the demand for your concept. Research your target audience, competitors, and location. Look for gaps in the market and determine how you can fill them. Understanding the market will help you create a successful business strategy.

Develop Your Menu

Once you’ve defined your concept and conducted market research, it’s time to develop your menu. Your menu should reflect your idea and target audience. Consider offering various options to appeal to different tastes and dietary restrictions. Keep in mind the cost of ingredients and pricing when developing your menu.

Plan Your Operations

Planning your operations is essential to your food truck business plan. You’ll need to determine your equipment needs, staffing requirements, and logistics. Consider how you’ll handle inventory, scheduling, and food safety regulations.

Create a Marketing Plan

Proper marketing plans are essential for promoting your food truck business . Determine your target audience and how you’ll reach them. Consider social media, local events, and partnerships with other businesses. Creating a unique brand and establishing a social media presence can help you attract customers.

Develop Financial Projections

Financial projections are essential to your food truck business plan. You’ll need to estimate your startup costs, operating expenses, and revenue projections. Consider how you’ll finance your business and plan for unexpected expenses.

free food truck business plan

Business Plan Template for a Food Truck

Consider the business plan template for a food truck below.

Sample 1: Mexican Food Truck Business Plan

Executive summary.

Our Mexican food truck, Tacos y Más, will offer a variety of delicious and authentic Mexican dishes at affordable prices. Our business will be based in downtown Los Angeles, where there is a high demand for food trucks and a large Hispanic population. We aim to establish Tacos y Más as a well-known and beloved food truck in the area.

Business Description

Tacos y Más will offer a variety of Mexican dishes, including tacos, burritos, quesadillas, tamales, and more. Our menu will include vegetarian and vegan options to appeal to a wider customer range. We will source our ingredients from local suppliers to ensure freshness and quality.

Market Analysis

The food truck industry in Los Angeles is thriving, and there is a high demand for Mexican food. Our location in downtown LA, which has a sizeable Hispanic population, will provide us with a steady stream of customers. We will also participate in local food truck events to increase our visibility and attract new customers.

Marketing Strategy

We will use social media platforms such as Instagram, Twitter, and Facebook to promote our business and engage with our customers. We will also offer discounts and promotions to encourage customers to return and spread the word about our business.

Financial Plan

Our startup costs will include the purchase of a food truck, equipment, ingredients, and permits. We estimate our initial investment to be $80,000. Our monthly operating costs, including rent, utilities, and ingredients, will be $10,000. We expect to generate $15,000 in monthly revenue, resulting in a monthly profit of $5,000.

Tacos y Más will offer customers delicious and authentic Mexican cuisine at affordable prices. We are confident that our location, menu, and marketing strategy will help us establish a successful and profitable food truck business in downtown LA.

Sample 2: Dessert Food Truck Business Plan

Our dessert food truck, Sweet Treats, will offer a variety of delicious and unique desserts, including cupcakes, cookies, brownies, and more. We will operate in the downtown area of San Francisco, where there is a high demand for dessert options. We aim to establish Sweet Treats as the go-to food truck for dessert lovers in the area.

Sweet Treats will offer a variety of desserts made with high-quality ingredients and unique flavor combinations. Our menu will include gluten-free and vegan options to cater to customers with dietary restrictions. We will source our ingredients from local suppliers to ensure freshness and quality.

The food truck industry in San Francisco is thriving, and there is a high demand for dessert options. Our location in the downtown area, which has high foot traffic, will provide us with a steady stream of customers. We will also participate in local food truck events to increase our visibility and attract new customers.

We will use social media platforms such as Instagram, Twitter, and Facebook to promote our business and engage with our customers. We will also offer discounts and promotions to encourage customers to return and spread the word about our business. Additionally, we will partner with local businesses and events to provide our desserts as a catering option.

Our startup costs will include the purchase of a food truck, equipment, ingredients, and permits. We estimate our initial investment to be $100,000. Our monthly operating costs, including rent, utilities, and ingredients, will be $12,000. We expect to generate $18,000 in monthly revenue, resulting in a monthly profit of $6,000.

Future Plans

We plan to expand our business by adding new menu items and exploring new locations. We also plan to offer our desserts through online delivery platforms to increase our reach. And cater to customers who cannot visit our food truck in person.

Risks and Challenges

The food truck industry is highly competitive. And there is a risk that we may not be able to attract enough customers to generate a profit. Additionally, there may be regulatory hurdles and permit issues that we need to navigate. To mitigate these risks, we will conduct thorough market research, develop a strong brand identity, and maintain high customer service.

Our dessert food truck, Sweet Treats, will offer unique and delicious desserts made with high-quality ingredients. We believe that our location, menu, and marketing strategy will help us establish a successful business in the competitive San Francisco food truck industry. With careful planning, hard work, and a commitment to excellence, we are confident that we can achieve our goals. And delight our customers with every bite.

From Idea to Tasty Reality

Having learned how to write a food truck business plan , it’s time to turn your dream into a tasty reality. Remember to be creative, flexible, and adaptable. Your food truck business plan should be an evolving document that adjusts to the changing needs of your business. It should serve as a roadmap for your business and outline your goals, strategies, and financial projections.  When writing your plan, define your concept, conduct market research, develop your menu, plan your operations, create a marketing plan, and develop financial projections. But the most critical part of turning your food truck business plan into a reality is taking action. Once you have a solid plan, it’s time to make it happen. Consider attending local events and festivals to test your menu and get customer feedback. Build relationships with other businesses and food trucks in your area to collaborate and cross-promote. And always be willing to adapt and make changes as needed. Starting a food truck business can be challenging. But with a solid business plan and a passion for food, you can make it a success. So, what are you waiting for? Get out there and start cooking up something delicious!

Free Food Truck Business Plan Template

Abir Ghenaiet

Abir is a data analyst and researcher. Among her interests are artificial intelligence, machine learning, and natural language processing. As a humanitarian and educator, she actively supports women in tech and promotes diversity.

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A Sample Food Truck Business Plan Template

The food truck concept has been around for centuries, right from when street vendors in ancient Rome made and sold delicacies to the public using wooden street carts. Today, that concept and the accompanying menus have evolved from just simple street food to different, complicated cuisines.

If you are looking to start a food truck business, you need a well-researched and detailed business plan. Aside from helping you cover all your bases, it makes available vital information about your new endeavor to potential investors. Since putting together a food truck business plan is such a vital step, it is advisable you write it before you even purchase a food truck.

Steps on How to Write a Food Truck Business Plan

Executive summary.

Beta Life Chops will be located in a large food cart pod near Portland’s Jade district known as Eastport Food Center. Our menu will include popular food options made with the creativity and uniqueness that our truck represents. Our eclectic style and consistency will make us a favorite among Portland foodies and ensure that our food maintains a loyal following amongst young professionals and college students.

With Eastport Food Centre nestled in one of the city’s most diverse neighborhoods and with an impressive social media following, Beta Life Chops is well-positioned to become a local go-to dining destination for anyone eager for a good, delicious, interesting fare at an affordable price.

Company Profile

A. our products and services.

  • Hot Products: Burritos, tacos, flautas, Hunan Vegetables, Shanghai chicken, grilled chicken, Grilled cheese, pretzels, the chef specialty of the day
  • Cold products: Seafood, sandwiches, rolls, wraps, and salads
  • Drinks: Soda, freshly squeezed juices, hot chocolate, wine, beer, coffee
  • Create your own: We will make available raw materials for our clients to combine anyway they want

b. Nature of the Business

  • Specifically for food-conscious modern buyers
  • Attending to all age groups
  • Healthy choices
  • Top menu customization
  • Website and mobile app
  • Festive truck event catering
  • Customer feedback is an utmost priority
  • Consulting chefs developing recipes
  • Create your own recipe

c. The Industry

Our business will operate in the food truck industry. This industry is made up of businesses that are engaged in preparing and serving meals from a mobile truck.

d. Mission Statement

Our mission at Beta Life Chops is to create and serve a product line that fits nicely with health trends nationwide.

e. Vision Statement

Our vision at Beta Life Chops is to offer our customers out-of-this-world meals inspired by our eclectic style and consistency. We will always maintain a simple philosophy – serve only the highest quality product, prepare it in a clean and sparkling environment, and serve it in a warm and friendly manner.

f. Tagline or Slogan

Beta Life Chops – Trendy with Happiness

g. Legal Structure of the Business (LLC, C Corp, S Corp, LLP)

Beta Life Chops will be a member-managed Limited Liability Company, formed in the state of Oregon and operating out of a custom-built food truck in Jade District Portland. We believe that the LLC provides us adequate cover and protection to grow and diversify our revenue streams.

h. Organizational Structure

  • Food Truck Manager
  • Assistant Food Truck Manager
  • Window Attendant
  • Truck Cooks

 i. Ownership/Shareholder Structure and Board Members

Beta Life Chops will be a member-managed Limited Liability Company, formed in the state of Oregon and operating out of a custom-built food truck in Jade District Portland. Our Head Chef and Truck Manager Lillian Birch and Michelle William the Assistant Food Truck Manager remain the owner-operators and will share the responsibilities of day-to-day operations.

SWOT Analysis

A. strength.

Aside from the hands-on experience of our founders and chef, our strength lies in our financial capacity and eagerness to succeed in the business.

We have purchased a brand new mobile food preparation vehicle (MFPV) that can meet the needs of over 500 customers per day. We have also developed relationships with brand experts who will help to build our brand to a level where we can start selling franchises.

b. Weakness

Our intention of running our mobile truck business alongside other similar business offerings like training, consultancy services, and sale of the franchise can distract us from focusing our energy in one direction. We totally understand this and are striving to block any area that will sap our energy and make us underperform in our core business area – the sale of foods and drinks.

c. Opportunities

Our business location presents a massive opportunity for us at Beta Life Chops. Eastport Food Center is a large food cart pod near Portland’s Jade District, well situated in one of the city’s most diverse neighborhoods, and the 25 carts that reside here reflect that.

i. How big is the Industry?

According to industry reports, the market size of the US food truck industry measured by revenue is $1.2bn in 2023.

ii. Is the Industry Growing or Declining?

The US food truck industry is growing rapidly and has outpaced the broader foodservice sector. Reports have it that it experienced a boom over the five years to 2022 owing to the surge in gastronomy in the United States. It is still expected to grow at an annualized rate of 6.6% in the coming years.

iii. What are the Future Trends in the Industry

Here are the top trends in the industry according to experts.

  • Rising demand for environmentally friendly food
  • Growing vegan options and meat-plant blends
  • More event partnerships and promotions
  • More commercial restaurants experimenting with food trucks
  • Increased technology and social media
  • More peanut butter alternatives
  • Flour alternatives
  • West African cuisine
  • Refined sugar alternatives

iv. Are There Existing Niches in the Industry?

When looking to start a food truck business, here are some niche ideas to look into;

  • Preparing and serving food from a mobile truck
  • Preparing and serving beverages from a mobile truck
  • Preparing and serving dessert from a mobile truck
  • Serving prepackaged food and beverages from a mobile truck

v. Can You Sell a Franchise of your Business in the Future?

Yes, our plan at Beta Life Chop is to build our brand to a level where we can start selling franchises and offer training and consultancy services in the mobile food truck industry.

At Beta Life Chops, one of the threats that we may likely face is vehicular traffic in key cities. Traffic can delay not just our clients but our truck from getting to our business location before lunch break is over. In addition, government policies could also pose a great threat to the mobile food truck industry.

i. Who are the Major Competitors?

  • LGM Delicacies
  • Eastport Beer Garden
  • Grubtopia Comfort Soul Food(BBQ)
  • Los Parceros (Colombian Food)
  • Indian Hunger Point
  • Lei’d Back Hawaiian Cuisine
  • Samurai Sushi
  • Off the Leash (Chicago Hot Dog)
  • Japanese Express
  • Northwest Gyros(Gyro &Shawarma)
  • Bobablastic (Drinks & meals)
  • Esan Thai (Thai Food)
  • Mas Sabor ( Mexican Food)
  • Turkish Agha (Turkish Cuisine)

ii. Is There a Franchise for Food Truck Business?

  • Repicci’s real italian ice & gelato: $152,150 – $176,400
  • Wayback burgers: $209,000 – $524,500
  • Little caesars mobile pizza kitchen: $221,000 – $654,000
  • Kona ice: $150,400 – $174,150
  • Dairy queen: $1,101,135 – $1,856,655
  • Cousins maine lobster: $187,150 – $815,450
  • Johnny rockets: $597,100 – $1,189,000
  • Toppers pizza: $292,146 – $530,652
  • Gigi’s cupcakes: $226,700 – $425,500
  • Captain d’s seafood: $709,300 – $1,231,400
  • Cafe2u: $109,146 – $154,621
  • Cheezious: $499,000 – $1,158,000
  • Ice cream emergency: $129,700 – $179,650
  • Sweet pea homemade ice cream: $40,250 – $110,500
  • Mister softee: $158,500 – $181,000
  • Tikiz shaved ice & ice cream: $132,000 – $144,000

iii. Are There Policies, Regulations, or Zoning Laws Affecting Food Truck Business?

Yes, the requirements to start a food truck business in the United States varies from state to state and even city to city. Food truck regulations most often fall into three major categories: health, zoning, and vehicle requirements. Health regulations handle the sort of equipment your truck must have, what permits you and your employees need, and whether you need a commissary kitchen.

Zoning regulations note the places you are permitted to park your truck for service, what types of neighborhoods are not allowed, and where you can park your truck overnight. There will also be laws on what type of vehicle you can use, what emissions regulations your truck must meet, where you need to register your vehicle, and if your truck driver needs to have a commercial driver’s license (CDL).

Marketing Plan

A. who is your target audience.

i. Age range

At Beta Life Chops, we believe our target audience will fall within the age range of 14 to 45 years.

ii. Level of Educational

The level of education of our target audience will vary exponentially. There is a middle school and high school in our town. We expect students from these schools to frequent our business location.

iii. Income Level

The income level of our target market will be individuals that earn from $2,400 annually and above.

iv. Ethnicity

Our target market at Beta Life Chops will include anyone who is looking to taste local cuisine without having to pause what they’re doing and take time to go to a restaurant.

v. Language

There are no language restrictions at Beta Life Chops.

vi. Geographical Location

Our aim at Beta Life Chop is to serve the residents of Portland, Oregon, and surrounding areas as well as those who work in the Jade District.

vii. Lifestyle

  • Families and Couples
  • Local office workers
  • Soccer/stay-at-home moms

b. Advertising and Promotion Strategies

  • Interact with the local establishments like unions and service organizations and inform them about our business. In addition, offer them catering service for their events.
  • Align with the right people that can be advantageous to our food business like event coordinators, tour guides, hotel personnel, etc.
  • Speak to local companies’ management and offer to cater their events.
  • Attend all the local events, like a farmers market, arts festivals, and carnivals.
  • Always be easygoing and friendly with our prospective customers and never try to be too insistent.
  • Always get involved in the local community’s activities
  • Distribute our promotional business flyers and paper menus. We believe that the more we advertise the more advantage we will have over competitors.

i. Traditional Marketing Strategies

  • Ensure that our food truck exterior is extra appealing to attract passing customers
  • Distribute food samples outside our food truck
  • Advertise in local papers and magazines
  • Sponsored listings on Yelp or other websites
  • Participation in delivery services such as Uber Eats, DoorDash, etc

ii. Digital Marketing Strategies

  • Reaching out to local bloggers and websites
  • Social media advertising
  • Partnerships with local organizations (e.g., gym members get a free fruit cup with each wrap they purchase)
  • Local radio advertising
  • Develop a customer loyalty program

iii. Social Media Marketing Plan

  • Pay Per Click
  • Use Facebook Advertising.
  • Show Your Truck and Coils At Work On Instagram
  • Encourage Engagement
  • Post Consistently
  • Make Posts Visual and Add Relevant Hashtag
  • Engage with Customers and Followers
  • Post About Food and Food Trucks

c. Pricing Strategy

At Beta Life Chops, our pricing will be moderate so customers will feel that they are getting great value when patronizing our trucks. We will also ensure that our pricing stays moderate and at par with competitors.

Sales and Distribution Plan

A. sales channels.

At Best Life Chops, our website and mobile app will bring our products to the eyes of the public. In addition, our presence at Eastport Food Centre will not go unnoticed as we will have nicely decorated trucks, food tasting events, and mini-contests. We will participate in fairs and local events and we will cater to weddings and parties.

b. Inventory Strategy

After extensive research, we intend to achieve a level of order accuracy and make everything easier by leveraging mobile POS software.

We believe that the Tablet-based ordering screens will offer our customer-facing person an easy way to input orders. This will ensure that sending orders to the cook, or remembering the nuances of each order becomes easier.

c. Payment Options for Customers

  • Payment with cash
  • Payment via credit cards
  • Payment via online bank transfer
  • Payment via mobile money transfer

d. Return Policy, Incentives, and Guarantees

At Best Life Chop, we will have an easy refund policy, with a 100 percent satisfaction guarantee. Since we are great at what we do, we will always take care of every customer complaint, including a full refund if that’s what it takes. Our other refund options include offering customers a replacement meal or coupons that give free meals for their use in the future. If they choose a refund for their meal, we will only refund in the same form of currency used for the purchase.

e. Customer Support Strategy

  • Always make delicious food made fresh with locally sourced ingredients using exquisite techniques.
  • Ensure that foods maintain their quality and taste.
  • Having multiple foods for customers to choose from.
  • Being flexible enough to cater to special requests by customers.
  • Ensuring to get customers’ feedback and being open to suggestions.
  • Leveraging social media and other tools to increase business reach.
  • Using CRM to manage the database of clients.
  • Considering customers’ opinions before making any major decision

Operational Plan

A. what happens during a typical day at a food truck business.

In this line of business, this is how a normal day goes;

  • You have to begin early by picking up the truck and heading to the commercial kitchen space where you’ll prepare your menu items.
  • After preparation, you have to move your truck to your parking location as soon as possible.
  • See to the culinary needs of your customers as swiftly and efficiently as possible, especially if you have a weekday lunchtime location.
  • Drive your truck back to the commissary or storage location where you can legally dispose of grease, wastewater, and other cooking waste, and thoroughly clean your vehicle.
  • When not cooking or serving clients, you will have to reach out to your market via social media or the production of flyers, and other means of marketing your business.
  • Gas up your vehicle and inspect it for repairs.
  • Shop for your food ingredients daily or every few days. Your storage space will be limited, so you’ll shop often.

b. Production Process

At Beta Life Chop, one of our USPs (unique, selling, point) is that our foods will be cooked fresh in front of our customers. We understand that people want fresh food and not something that has been cooked a day or so before. Owing to that, our production process involves preparing and cooking their food in front of them.

c. Service Procedure

At Beta Life, we need to prepare the truck and pick up daily fresh food supply, after which we will proceed to our commissary kitchen to prepare some of the meals. We then have to load up the truck and head to our sales location where we will now finish the meal preparation as each customer demands.

We will consult with specialized chefs to develop our base of proprietary food recipes and sauces. Also note that we will offer desserts, drinks, and also cater special events. For such occasions, we will use our festive truck specially painted and decorated for the event.

d. The Supply Chain

Our aim is to only make use of fresh products sourced from locally grown organic crops. Have it in mind that our prices will be almost the same as those of any fast food, which will encourage the vast majority of customers to want to try our food.

e. Sources of Income

Our primary source of revenue includes;

  • Food and beverage sales
  • Food truck consultation

Financial Plan

A. amount needed to start your food truck business.

We need around $40,000 to $200,000 to start up Beta Life Chops.

b. What are the Cost Involved?

  • Purchasing a Food Truck: $5,000
  • Vehicle Inspection: $500
  • Retrofitting and Bringing Our Truck to Code: $25,000
  • Generator: $2,500
  • POS Software System and Hardware: $1,500
  • Paint: $1,000
  • Truck Wrap: $2,500
  • Initial Food Purchases $2,000
  • Utensils, Papers, and Goods: $2,000
  • Permits and licensing: $2,300
  • Website Design: $500
  • Initial Office Equipment and Supplies: $1,000
  • Advertising and Public Relations: $2,000
  • Professional, Legal, and Consulting Fees: $2,000

c. Do You Need to Build a Facility?

No, Beta Life Chops will be started in Eastport Food Centre and operated out of a custom-built food truck in Jade District Portland.

d. What are the Ongoing Expenses for Running a Food Truck Business?

  • Commercial Kitchen and Commissary Rent
  • Monthly Credit Card Processing Fees
  • Truck maintenance

e. What is the Average Salary of your Staff?

  • Food Truck Manager: $48, 072
  • Assistant Food Truck Manager: $35,734
  • Window Attendant: $31,330
  • Truck Cooks: $28,442
  • Prep Cooks: $21,780

f. How Do You Get Funding to Start a Food Truck Business

  • Equipment loan/financing program
  • Rollover for business startups (ROBS)
  • Business credit cards
  • Personal loan
  • A microloan from Small Business Administration (SBA)

Financial Projection

A. how much should you charge for your product/service.

To find out a good price point for your products and offerings, you should observe other food trucks in your location. Find out how many meals they serve on a typical lunch hour and how much they charge. However, remember to be conservative in your estimation, and figure out how much you need to make to be profitable daily. Divide the number of meals you expect to serve by this number and this is what each meal should cost to hit that number.

b. Sales Forecast?

  • First Fiscal Year (FY1): $120,000
  • Second Fiscal Year (FY2): $270,000
  • Third Fiscal Year (FY3): $490,000

c. Estimated Profit You Will Make a Year?

At Beta Life Chops, we expect to make;

  • First Fiscal Year (FY1): $36,000 (30% of revenue generated)
  • Second Fiscal Year (FY2): $121,500 (45% of revenue generated)
  • Third Fiscal Year (FY3): $269,500 (55% of revenue generated)

d. Profit Margin of a Food Truck Business 

In this line of business, a 30 percent profit margin is encouraging, but it will depend on your location, competition, efficiency, among other factors.

Growth Plan

A. how do you intend to grow and expand .

Our plan at Beta Life Chop is to build our brand to a level where we can start selling franchises and offer training and consultancy services in the mobile food truck industry.

b. Where do you intend to expand to and why?

  • Bethany, Portland, OR
  • Cedar Mill, Portland, OR.
  • Oak Hills, Portland, OR
  • West Linn, Portland, OR.
  • Lake Oswego, Portland, OR
  • Camas, Washington
  • Stafford, Portland

Our reason for choosing these locations is because trucks flourish in their culinary scene, though in Portland they are called food carts.

At Beta Life Chops, we envisage family succession as our business exit strategy. We strongly believe that this business exit strategy, unlike others, does not require that much involvement of external parties. In addition, it is also one of the easiest and most straightforward options when done right, and we hope to put together a well-detailed plan to ensure success.

More on Food

How To Write A Food Truck Business Plan (With Examples)

Table of contents.

Budget Branders is dedicated to helping independently owned and operated businesses thrive. We offer a range of high-quality disposable products , each of which can be printed with your food truck’s name, logo, and/or slogan. Read on to learn more about writing a food truck business plan – and then reach out to us to learn more about our custom disposable products.

Why Do You Need a Business Plan for Your Food Truck?

Even if you don’t need funding for your food truck, you should still have a business plan. This plan isn’t just a document that you provide to the bank to get a business loan. It can guide you through the process of starting your food truck and managing it as it grows. A business plan gives you the opportunity to think through all of the details of how you will actually run your food truck.

A business plan can also be used to check your progress and determine if you are hitting milestones. For example, if you set goals for sales in the first year to two years of business, you can check in to make sure that you are on target. If not, then you may need to adjust your plan to accommodate whatever economic realities (such as the rising price of certain ingredients) you may be facing.

Most importantly, writing a business plan does not have to be complicated. There are many templates available online – including the samples that we have included below. You can also adapt your plan to fit your needs, without worrying too much about format.

Writing a business plan does take some research and attention to detail. However, the work that you put into drafting the plan includes things that you should be doing anyways – such as looking into the types of licenses and permits that you will need, pricing out menu items, and figuring out your target demographic. This information isn’t just necessary for a business plan – it is vital to ensure that your company will be financially successful.

What Should a Food Truck Business Plan Include?

An executive summary.

You should consider including the following points in the executive summary:

  • Where you plan to sell your food
  • What type of food you plan to sell
  • Why this style of food will be successful in the target market
  • The projected costs and profits for the food truck
  • Future goals for the food truck (such as buying additional trucks or even franchising)

The Food Truck Vision

A sample menu, organization and management , market analysis, target audience, marketing , expected costs.

  • Buying or renting a food truck
  • Kitchen equipment
  • Labor costs
  • Ingredients
  • Licenses and permits
  • Marketing and advertising
  • Lawyers, accountants, and other consultant fees

Once you have priced out each of these costs, you will have a better idea of how much money you will need to not only start your business but to run it. You can then seek out funding or plan your budget accordingly.

Financial Projections

Food truck business plan example template, how budget branders can help your food truck business grow.

If you’d like to learn more or to request a quote, contact us today by pressing the live chat button, or sending us a message online.

David Kranker

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Business Plan Food Truck: Pleasure on Four Wheels

Ready to roll into culinary success? Discover the recipe for your food truck triumph! Our comprehensive business plan guide will fuel your foodie dreams. Download it here for free.

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  • Business Plan Food Truck

Discover the recipe for your Foodtruck triumph!

Business Plan Template: What You Get

  • How to write a food truck business plan
  • Special features for founders in hospitality
  • Tips for your funding

This Business Plan Template is Suitable For:

  • Business Plan Sample Food Trailer
  • Business Plan for BBQ Food Truck
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Your Benefits:

  • Free of cost: Download the business plan template for free!
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  • Correct data: Avoid unnecessary mistakes!

Get Your Business Up and Running

ZANDURA is the all-in-one desk to get your business up and running. Realize your dream of running an independent and self-directed food truck business and get regular input on how to move forward. Why are we doing this? – Because small businesses are the backbone of the American economy.

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Business Plan Food Industry: Time For Tasty!

You want to open a restaurant, a snack bar, cafe or food truck? With our free business plan template, hosts can get started!

Why Franchising Is A Smart Business Model

Starting a franchising business can be lucrative for entrepreneurs who want to startup with the support and resources of an established brand. Create a free startup plan and open your franchise business in easy steps. This is your beginners guide for making money in franchising.

How To Hire Staff For Your Small Business

Hiring is an investment in the future of your business, so take the time to find the right people for the job. By following these strategic advice, you can build a strong team that will help your small business succeed.  

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Food Truck Business Plan Template

Food Truck Business Plan Template

Create a food truck business plan by customizing venngage food truck business plan template..

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  • Colors dark
  • Size Letter (8.5 x 11 in)
  • File type PNG, PDF, PowerPoint
  • Plan business

A food truck business plan is the first step in starting any business. A food truck business plan should also be done before opening a restaurant or other types of food establishments like catering companies. This type of business plan would provide the success factors and roadblocks that can be encountered in operating this type of business, which will affect the profit margin. A food truck business plan can also serve as guidance for the food truck owner to ensure that the business is running within the financial plan. If there would be any deviations from the plan, corrective actions should be done and monitored. Create a food truck business plan using Venngage’s food truck business plan template. You don’t need to be a designer, have design experience, or download any design tools to customize this food truck business plan template. All you need is a free Venngage account. Please make sure that your information is included in the template so it won't look too empty after doing the customization process. If you have any question about this food truck business plan

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Business Funding and Market Research

Food Truck Business Plan

Written by Elma Steven | Updated on April, 2024

Food Truck 1

Food Truck Business Plan is an outline of your overall Food Truck business. The business plan includes a 5 year projection, marketing plan, industry analysis, organizational overview, operational overview and finally the executive summary. Remember to write your executive summary at the end as it is considered as a snapshot of the overall business plan. The creation of a plan requires careful consideration of various factors that might impact the business’s success.

You can spend 3 to 4 weeks trying to write your own Business Plan by browsing through free online resources or hire a professional writer for $2,000. There is a better way to do this-  Download our Food Truck Business Plan to write a plan in just 2 days .

This depends on your expected revenue and cost. Also, we need to consider the startup cost. Find out the answer- Is Food Truck Business Profitable?

Table of Contents

Executive summary.

Overview : The Go-Go Truck is a mobile food truck that serves locally produced, farm-fresh fare. Our food truck has meticulously designed a menu consisting of San Diego’s freshest dishes, serving breakfast and lunch meals that go above and beyond traditional food truck cuisine. Ari and Liam met at a catering firm in San Francisco and formed a bond focused on food, laughter, and travel. The Go-Go Truck was created to fulfill a lifelong goal. We promise Fresh Food Fast to individuals in San Diego searching for a great and locally sourced dinner, combining Liam’s vast expertise as a chef of numerous cuisines with Ari’s comprehensive understanding of food systems’ sustainability and agriculture from across the globe.

Mission : To provide excellent, fresh cuisine for breakfast, lunch, or your next event and high-quality, genuine cuisine conveniently and affordably.

Vision: To become the most well-known mobile food truck brand in Los Angeles and throughout the United States and Canada.

Financial Overview:

image 2023 05 24 125747260

Industry Overview :

Between 2016 and 2021, the food truck sector grew at an annualized pace of 12.1%. The food truck industry in the United States has expanded consistently over the previous decade, and it has continued to grow rapidly in the last five years, with annual growth of 12.1%. The food truck sector grew at an annual pace of 8.6% from 2016 to 2021. Except for a short drop from 2016 to 2017, the pace of growth has been steadily increasing. The rate was already at 8% in 2021. Between 2016 and 2021, the market for food trucks grew by an average of 6.6 percent every year. The industry’s market value is $1.16 billion in 2021, up from $1.1 billion in 2020. The market continuously increased from 2016 to 2019, reaching $1.21 billion in 2019, before declining in 2020 and rising again in 2021. Check out this guide on  how to write an executive summary?  If you don’t have the time to write on then you can use this  custom Executive Summary Writer  to save Hrs. of your precious time.

Business Description

Business Name:  

Founder : Jacob Harris

Management Team:

Screenshot 2023 05 22 at 4.59.16 PM

Legal Structure:  LLC

Location:  

Mission: “Our mission at [Food Truck Name] is to provide delicious, high-quality food on the go, using fresh ingredients and innovative recipes. We aim to create a fun and memorable dining experience for our customers, while also being a responsible and sustainable business.”

Vision: “Our vision at [company name] is to be the go-to source for delicious and innovative street food, known for our commitment to using fresh ingredients and supporting local communities.”

Goals: 

✅Increase profitability by optimizing menu pricing and controlling food and labor costs.

✅Expand the business by adding additional food trucks or brick-and-mortar locations.

✅Improve customer satisfaction by providing high-quality, tasty food and excellent customer service.

✅Build a strong brand and reputation by consistently delivering on the company’s mission and values.

Products: 

✅[Mention your services in bullet points]

Food Truck

Download Free Food Truck Business Plan Template

Write a plan in just 2 days!

Financial Overview

Fund Usage Plan

image 56

Key Metrics :

Screenshot 2023 05 22 at 5.05.50 PM

Business Model Canvas

The Canvas summarizes the business model of the entire plan. It comprises nine key components – customer segments and value propositions to revenue streams and cost structures. The canvas provides a clear and concise way to map out, analyze, and communicate the intricacies of a business idea. It offers a holistic view of how a business creates, delivers, and captures value. It also aids entrepreneurs in refining concepts, fostering innovation, and making informed strategic choices. It serves as a versatile tool for brainstorming, planning, and presenting business models to stakeholders. Check out  100 samples of business model canvas .

image 2023 05 24 153913533

It offers a clear lens into a company’s strengths, weaknesses, opportunities, and threats. This self-awareness enables effective resource allocation and strategic positioning against competitors. Businesses can mitigate risks, make informed decisions, and set realistic goals. In addition, presenting a SWOT analysis in a business plan communicates to stakeholders that the company possesses a deep understanding of its market environment. In essence, SWOT ensures a business’s strategy is grounded in reality enhancing its chances of success. Check out the  100 SWOT samples  which will give you a better idea on SWOT writing process.

image 2023 05 24 153930763

Organizational Overview

Organizational overview provides a snapshot of how a company is structured and operates. It outlines the ownership structure, roles, responsibilities of key management personnel, and the reporting hierarchy within the organization. This section offers stakeholders, investors and other readers a clear understanding of the company’s leadership and its chain of command. Additionally, it may give insight into the company’s culture, values and operational philosophy.

Screenshot 2023 05 22 at 5.20.41 PM

Jacob Harris here, owner and operator of the food truck business that bears my name. My early years were spent cultivating a passion for gastronomic research as well as the delight that comes from sharing excellent cuisine with other people. This love led me to the exciting world of food trucks, where I could bring my culinary creations straight to the streets and engage with a varied spectrum of clients.

I started my own food truck because I had a great desire to provide eating experiences that people would remember for a long time. I really think that sharing a meal has the potential to not only bring people closer together but also to bring forth feelings of unadulterated joy. Those who come to my food truck get to experience a one-of-a-kind culinary journey because I take great effort in curating a menu that highlights robust tastes, fresh ingredients, and imaginative pairings.

I am an entrepreneur who runs a food truck, and I take full advantage of the mobility and excitement that come along with running my business out of a truck. My job gives me the chance to travel to a wide variety of places, take part in a variety of food-related events and festivals, and maintain an ongoing relationship with a community of foodies who are really enthusiastic about their work. My company was founded on the principle that providing great customer service is of the utmost importance. I work hard to not only prepare and serve mouthwatering meals, but also to cultivate a friendly and welcoming environment that encourages clients to return for more of what we have to offer.

Screenshot 2023 05 22 at 5.38.09 PM

Industry Analysis

The increasing popularity of the food truck sector has transformed the public’s impression of food trucks from inexpensive eats to intriguing local – or foreign – meal stops. Food trucks have evolved into full-fledged restaurants, providing anything from burgers to ice cream to cupcakes to exotic cuisine. This shift is reflected in the industry’s patterns, indicating an increase in truck numbers and revenue.

Food truck growth was first slowed by COVID-19. Most people are working from home; several of the most successful pre-pandemic customer-gathering areas, such as parking lots near business hubs, were temporarily unprofitable. However, unlike conventional eateries, this business is more mobile and has had fewer losses and closures. Indeed, despite epidemic limitations and social distancing measures, the food truck sector continued to thrive, letting individuals “eat out.”

Instead of conventional direct mailing marketing tactics, food truck owners use specialized websites, social media campaigns, and geolocation capabilities to contact their consumers. They also use social media marketing to promote engagement by engaging with their local audience, hosting events, and spreading the word.

Food truck fans are mostly millennials (47%), and many are repeat customers. Food truck clients aged 18 to 34 are the most likely, followed by those aged 35 to 44. Over 80% of food truck eaters go there for a thrilling, new, and unusual experience. The food truck industry’s success is fueled by customer happiness. More than 90% of customers say their experience was outstanding.

Food Trucks have seen a growth in popularity in the five years leading up to 2021, owing to an increase in gastronomy in the United States. During this time, the industry has outperformed the rest of the foodservice industry. On city streets and parking lots, in parks, and during festivals, the industry comprises operators who cook and sell a wide variety of cuisine from mobile food trucks. Since its inception, the business has developed swiftly. Many new food truck operators are joining the market to meet shifting customer expectations for gourmet fare and creative culinary ideas. Industry revenue is predicted to increase by 6.6 percent annually to $1.2 billion after five years due to these developments.

The COVID-19 (coronavirus) epidemic has impacted foot traffic in commercial district locations, where a big portion of the Food Truck sector operates. Many individuals have moved to work remotely, putting industry operators in a difficult situation. Food truck operators have changed their focus to residential areas, important businesses, and rest spots in response. Some food trucks have entered into parking agreements with hospitals and enterprises. Amid the epidemic, some food trucks have switched to selling groceries. Most tiny, independently owned food trucks, unlike brick-and-mortar businesses, do not qualify for the Economic Injury Disaster Loan (EIDL) or the Paycheck Protection Program (PPP)funds, causing some to leave the sector permanently.

industry analysis of food truck business plan

Source: pos.toasttab

Since the 2008 recession, food trucks have become as popular as family dining or fast food as a restaurant concept. Because of the cheap cost, many would-be restaurateurs choose to establish food truck enterprises, which are increasingly considered legitimate places to start a career in the food industry. Food trucks now serve anything from cupcakes to grilled cheese to taco-waffle hybrids and anything else you can think of. Food trucks now provide gourmet, locally produced, artisan menu items beyond street food cuisine.

The target market for food truck enterprises is millennials in the middle class between the ages of 25 to 44 account for 43 percent of monthly food truck expenditure, with people under the age of 25 accounting for another 20 percent. The trendy nature of food trucks and the social aspect, convenience, and potential to support local companies frequently attract this group. Furthermore, although purchasing food from a food truck usually necessitates some discretionary cash, it also lets consumers taste new, high-quality foods without making a significant commitment, making them popular among middle-class clients.

industry analysis of food truck business plan

Source: bccresearch

According to IBISWorld, more than 24,000 food trucks will be operating in the United States by 2021, generating roughly $1 billion in revenue. Meanwhile, growth is expected to reach 7.5 percent between 2015 and 2020. Food trucks may be more popular in certain locations than others because of state and municipal restrictions that differ by state. Cuisine trucks have long been linked with quick-to-prepare dishes like hot dogs and ethnic street food prevalent in congested metropolitan areas. Food trucks are now seen in more places than merely busy street corners in heavily populated cities, as their menus have expanded and their popularity has risen.

Some food trucks originated as low-cost alternatives to traditional eateries, while others are run as extensions of existing businesses. Popular restaurants sometimes add a food truck to their business to bring their meals to huge gatherings or other special occasions.

Marketing Plan

A marketing plan outlines the company’s strategy to promote its products or services to its target audience. It includes specific tactics and channels the business will use to reach potential customers. This section defines the company’s unique value proposition, identifies the target market segments, and discusses the competitive landscape. It also includes insight into budget allocation, projected outcomes and key performance indicators to measure success. Marketing plan helps businesses demonstrate their understanding of the market dynamics, their positioning within the industry and their approach to driving customer engagement and sales.

Acupuncture Clinic business plan promotional budget

Content Marketing : Create a blog on your Blackbird Acupuncture website on what you has to offer to prospective customers.

Discounts : Provide multiple rewards or incentives to Blackbird Acupuncture‘s frequent customers, you’ll be more likely to attract them. Create a member referral scheme, for example, where members get a discount if they successfully recommend someone.

Social Media: Engage and promote Blackbird Acupuncture on Twitter, publish news on Facebook, and utilize Instagram to promote curated photos of your clinic.

SEO (Search Engine Optimization) Local SEO makes it easier for local consumers to find out what you have to offer and creates trust with potential members seeking for what your clinic has to offer. Email Marketing: Blackbird Acupuncture will be sending automated in-product and website communications to reach out to consumers at the right time. Remember that if your client or target views your email to be really important, they are more likely to forward it or share it with others, so be sure to include social media share.

A financial plan provides a comprehensive projection of a company’s financial health and its anticipated monetary performance over a specified period. This section encompasses a range of financial statements and projections such as profit and loss statements, balance sheets, cash flow statements and capital expenditure budgets. It outlines the business’s funding requirements, sources of finance and return on investment predictions. The financial plan gives stakeholders particularly potential investors and lenders a clear understanding of the company’s current financial position. A financial plan helps businesses demonstrate their financial prudence, sustainability, and growth potential.

image 2023 05 24 132723822

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Examples

Food Truck Business Plan

free food truck business plan

Planning to start your own food truck business? Well, you need to have a business plan first. Although it is not a requirement in starting a business, having a business plan serves as a blueprint and itemizes the processes you will be doing before you start a business.

  • 25+ Free Business Plan Examples
  • 18+ Examples of Simple Business Plans

To help you create your own food truck business plan, we have provided some examples (in PDF) that you can use when you will be creating your own business plan. You may also see  importance of business plans .

Basic Food Truck Business Plan Example

Basic Food Truck Business Plan Example

Size: 51 KB

Simple Food Truck Business Plan Example

Simple Food Truck Business Plan Example

Size: 71 KB

Editable Food Truck Business Plan Example

Editable Food Truck Business Plan Example

Size: 110 KB

Essential Components of a Food Truck Business Plan

1. company profile.

Every business plan, or any type of business plan always starts off with a company profile or company background. The company profile acts as a summary of the entire business plan, but important details are also being discussed in the said section. Among the contents of the company profile includes the products or services in which the company is selling, the company’s vision and mission, organizational structure, and marketing/financial strategies. You may also see  self-catering business plan examples

All of the mentioned contents are not discussed thoroughly in the company profile, as they will be further discussed in the succeeding section of the business plan.

Since the business plan is not meant for company use only, it is always suggested that information written in the company profile should be concise to detailed (despite being a summary) so that the readers will have a clear understanding of the company and its products before they start reading the rest of the business plan. You may also see business plan guidelines examples .

2. Marketing Structure

The marketing structure (or otherwise called as the marketing plan) is one of the most important sections of a business plan. The marketing structure thoroughly discusses the company’s products and services as well as marketing strategies to help the company gain an advantage against competitors. The marketing structure also identifies marketing strategies to help the company achieve long-term sustainability. You may also like business operational plan examples .

As previously mentioned, the marketing structure discusses the company’s products in detail. But if the company sells hundreds of products, then there is no need to discuss all of the products in the business plan. It will take up too much space which might cause the reader to avoid reading the remaining contents of the business plan. In this case, if the company sells a large variety of products, then it is highly suggested that important details of the product will be listed instead of writing down each and every product specification. Some of the important product details include the name of the product, product number, available colors, price, and manufacturing date. You may also check out hotel business plan examples .

Take note that listing down the products is not enough as you should also explain how each product will be beneficial to your customers and clients. Products are being manufactured because they always provide benefit, and they are not manufactured just for the sake of it. Take for example for a food truck business. There is a need for food truck businesses so that people don’t have to go far just to eat affordable and delicious food. For food trucks, they go to the customers instead of the other way around. You might be interested in market analysis business plan examples .

Marketing structure also includes the marketing strategies being implemented by the company to achieve high revenue and long-term sustainability. There are numerous marketing strategies that companies deploy for their respective products or services, but the strategies they use always align to the products they are selling (for example, a person who underwent numerous plastic surgeries cannot be used as an actor for a natural skin care ad). You may also like business plan outline with examples .

Marketing strategies are based on established marketing theories. They have proven to be very effective and are still being used by companies around the world today. But when technology suddenly moved at a very fast pace during the dawn of the 21st century, new marketing strategies also were introduced. Some of these marketing strategies specifically include social media.

The great thing about social media is that most of these platforms are free to use, and have also proven to be much more effective than their traditional marketing counterparts such as posters, flyers, brochures, and billboards. But did you know that these traditional marketing materials can now be created using graphic design software such as Adobe Photoshop, Illustrator, and Corel? And you won’t have to spend a single dollar in printing and distribution as you can insert the designs in your online profile. You may also check out implementation plan examples .

3. Financial Structure

Aside from the marketing structure, a well-written and well-researched business plan should also comprise another important section—a financial structure. Since you are still creating a business plan, most likely that you have not even began spending any amount for your business yet. This is completely understandable as you will still be creating forecasts on how the business will be earning once the operations go underway. You may also see advertising and marketing business plan examples .

The financial structure is composed mainly of financial forecasts. These types of forecasts include details on your initial investment (raw materials to purchase, business requirement and legal fees to settle), working capital, and yearly revenue/income projections for the next five years. You may also like company plan examples .

Financial forecasts are very important to a business plan because it gives a map on how the company will earn in the next few years. Additionally, business plans are also presented to investors so that they can give out necessary investment for your business. Of course, they will still decide if your product is worth investing in, since they also want to earn from your business through the interest fees you will be paying back to them once they have fully recovered the amount that they initially invested. Even if you have a large and sizable initial capital, you will still need investors in case there are additional costs that you won’t be expecting. You may also check out advertising plan examples .

The financial structure also includes the revenue and income projections for the next five years. You may be asking, “Why five years?” The five-year time span is usually where start-up businesses recover the full amount of their initial investment. Although some companies, especially large corporations, take longer than five years to break even, five years is usually the benchmark if the business can actually earn in the long run. When making the five-year financial forecast, you should consider inflation as well as customer preferences.

For example, the prices of raw goods that you will be listing down in the forecast (specifically in the income statement) will certainly be different in the succeeding years. Your investors will certainly be looking at how the forecast is being analyzed, so make a forecast or projection that considers and analyzes all options, as well as not being too optimistic nor pessimistic. You might be interested in annual plan examples .

The financial structure is one of the hardest sections to create in an business plan, so make sure that the management team consists of a financial specialist (preferably a CPA or an individual who has long-term experience in financial services) to create the financial structure. If your management team does not comprise any specialist, you can always hire a third-party CPA to do the work. Just make sure you discuss with the third party on the details you want to incorporate in the forecast or projection. You may also see implementation plan examples .

4. Socioeconomic Structure

The socioeconomic structure involves social and environmental aspects of the business. Usually, the socioeconomic structure discusses how the business impacts the community and natural environment in particular. The business obviously collects resources from the natural environmental, and it is only understandable that the resources should be returned to its natural state. Additionally, the business also has the responsibility to provide not only jobs for the community but also makes sure the individuals in the community do not get displaced or do not suffer any negative effects from the business’s operations. You may also like quality plan examples .

Socioeconomic structure is also called corporate social responsibility (CSR). Every business organization, no matter how large or how small, has a responsibility to its stakeholders (most specifically the community and the environment). That is the reason why these companies should give back especially if they are attaining revenues from their operations. You may also see management plan examples .

When you are creating a business plan, it is not yet necessary to provide details on how you are going to give back to the community. You just need to give a short background on the activities you will eventually be doing. It is not only investors who will be reading your business plan, as various social welfare groups or non-government organizations might also get a copy of your plan. You may also see  coffee catering business plan

New Food Truck Business Plan Example

New Food Truck Business Plan Example

Size: 177 KB

Printable Food Truck Business Plan Example

Printable Food Truck Business Plan Example

Size: 264 KB

Customizable Food Truck Business Plan Example

Customizable Food Truck Business Plan Example

Size: 75 KB

Food Ideas for Your Food Truck Business

Listed below are some food ideas you want to try out for your food truck business. Even if you already have a menu planned, you can still add some of the food items listed below to increase variety.

1. Shawarma

Shawarma is one of the most popular wrapped foods in the world. Shawarma consists of chopped beef or chicken, mixed with a variety of vegetables and sauces which are then wrapped inside a pita bread or toasted dough. You can always mix it up by using different combinations of meat and vegetables as well as adding new ingredients such as pork, potatoes, bell peppers, olives, etc. You may also see desert catering business plans .

2. Ice Cream

Everyone’s favorite dessert also makes this list. Whether the temperature is scorching hot or freezing cold, ice cream is still being sold by the millions every day. Ice cream is quite easy to make as long as you have the right equipment. You can sell different flavors depending on the availability of ingredients, but you can always start with the most basic flavors (i.e., vanilla, chocolate, strawberry, etc.) then increase the variety once you get more customers. You might be interested in daily plan examples .

3. Grilled food

One great way to entice passersby to buy your food is to let them indulge in the smell of grilled food. You can either grill pork, chicken, beef, seafood, or even vegetables (onions, corn, bell peppers, etc.). No matter what meat you are going to grill, it will certainly become a hit with your customers. You may also check out sales plan examples .

Grilled food is another favorite that is not only served as snacks but served as entrees and full course meals as well. If you want to maximize the grilled food experience for your customers, serve them together with mashed potatoes or with grilled/steamed vegetables. And don’t forget the drinks!

Food Truck Business Plan Cover Example

Food Truck Business Plan Cover Example

Size: 33 KB

Easy Edit Food Truck Business Plan Example

Easy Edit Food Truck Business Plan Example

Size: 86 KB

Minimal Food Truck Business Plan Example

Minimal Food Truck Business Plan Example

Size: 80 KB

Template for Food Truck Business Plan Example

Template for Food Truck Business Plan Example

4. Fried Chicken

Fried chicken is another staple in the food truck business industry. According to research, 8 out of 10 food trucks or food stalls sell fried chicken. This is testament to people wanting to eat fried chicken for the rest of their lives. Similar to grilled food, you can serve fried chicken as a light snack or full course meal. It is highly suggested that you go for the full course meal route as chicken is always meant to be consumed with hearty (but unfortunately fatty) side dishes such as mashed potatoes, buttered vegetables, and gravy. Remember, fried chicken is never complete without gravy (unless you’re Japanese or Asian where you prefer fried chicken to be complemented with mayonnaise or soy sauce). You may also see  consulting business plan.

Your food truck business does not need to be a cholesterol-filled affair with your customers. Go for a healthier alternative by selling delicious salads. These colorful and flavorful dishes are very appetizing and they can be a great substitute for a meat-based dishes. If you thought salads are only limited to lettuce, tomato, onions, vinaigrette, and Caesar dressing, think again. There are hundreds of vegetable, fruit, and dressing combinations you can use for your salads. You may also see company plan examples .

6. Pastries

Selling pastries is another option you should consider for your food truck business. The great thing about pastries is that you can sell a number of variations, and not just being limited to one form of pastry. There are numerous options, such as cakes, cookies, puff pastries, tarts, and frozen desserts, just to name a few. Since you will be selling a variety of desserts, you may want to partner with different sellers so that you don’t only increase the variety of pastries you are selling but also increase revenues. You may also like implementation plan examples .

We hope you found this article to be informative as you will be creating your own food truck business plan.

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  5. Guide To Creating a Food Truck Business Plan

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VIDEO

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  2. When nearly burn down your Food Truck! #burn #foodtruck #foodtrucklife #explorepage #contentcreator

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  4. new model food truck

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  6. How to Write a Food Truck Business Plan (Animated)

COMMENTS

  1. Free Food Truck Business Plan Example and Template

    Milestones. Obtain necessary permits and licenses — July 1, 2023. Purchase and outfit the food truck — August 1, 2023. Launch website and social media accounts — September 1, 2023. Open for business — October 1, 2023. Cater first private event — November 1, 2023. Participate in a local food festival — May 1, 2024.

  2. How to Write a Food Truck Business Plan

    Learn how to create a detailed and effective business plan for your food truck with this guide and templates. Find out what sections to include, how to research your market, and what to do with your plan after you finish it.

  3. How To Write a Food Truck Business Plan (+ Template)

    The US street vendor sector was valued at $2.49 billion in 2022, up from the previous year's total of $2.29 billion. The market is expected to grow another 1.7% in 2023.. For those with aspirations of culinary greatness, a food truck is the perfect setting to develop new recipes while building a fan base, or even an online business, without the expense and risk of opening a brick-and-mortar ...

  4. Food Truck Business Plan Examples: 20+ Templates & Success Guide

    Start your food truck right! Get 20+ food truck business plan examples, step-by-step help, downloadable templates, and tips for success. Calypso Tree. Best Free Document Templates ... They often have free advisors to help with business plans. Learn from the Pros. Food Truck Websites: Lots have blogs with advice, like "The 3 Things I Wish I ...

  5. Free Food Truck Business Plan Template

    Updated January 09, 2023. A food truck business plan is created by a food truck entrepreneur to describe the vision, plans, and goals of their business. It should detail the company's core offering, operational procedures, management, sourcing, and financial metrics, as well as food truck industry trends, statistics, and competitive analysis.

  6. How to Write a Food Truck Business Plan

    2. Company Description. Use this section of your food truck business plan to explain the details of your company. Describe your food truck business and convey how it will be a valuable addition to the existing market. Essentially, this is the section where you can expand upon the topics you briefly mentioned in the executive summary.

  7. Food Truck Business Plan Template

    The business plan provides them with a complete description of your strategy. Download the free Food Truck Business Plan Template to organize your vision and ensure that nothing is overlooked. For a guide to writing a business plan specifically for a food truck, learn from this resource: How to Write a Food Truck Business Plan. Related food ...

  8. How to Write a Food Truck Business Plan + Free Template

    Describe what your food truck will do, i.e., deliver hot or cold food, prepare convenience food on site, offer hot or cold beverages, set up indoor or outdoor eating areas, etc. 3. Outline the expected locations, using maps if desired, of your daily activities.

  9. Free Food Truck Business Plan Template

    Our free food truck business plan template is designed to help entrepreneurs like you turn their culinary dreams into a reality. This comprehensive template provides a step-by-step guide to developing a solid business plan, which is essential to securing funding, attracting customers, and ultimately achieving success. ...

  10. Food Truck Business Plan: Everything to Include

    Food Offered. Create a basic menu. Consider your niche, demand from your target audience, and costs of ingredients and cooking equipment. The food you serve is the heart of your food truck business, so creating a well-thought-out menu is crucial. Consider your niche and target audience while designing your offerings.

  11. Sample Business Plan For a Food Truck Business

    Download our food truck business plan pdf here. This is a free food truck business plan example to help you get started on your own food truck plan. Writing a business plan is an essential part of starting a successful food truck business. It acts as the guiding document that outlines the goals and.

  12. How To Create an Effective Food Truck Business Plan

    Here are the important steps for creating your food truck business plan. 1. Create an executive summary. Introduce your food truck business by highlighting your specialties, target market, and what sets your food truck apart from other brick-and-mortar restaurants and food trucks.

  13. Free Food Truck Business Plan Template

    Financial Plan. Our startup costs will include the purchase of a food truck, equipment, ingredients, and permits. We estimate our initial investment to be $100,000. Our monthly operating costs, including rent, utilities, and ingredients, will be $12,000.

  14. Business Plan For A Food Truck Templates: How To Write & Examples

    1. A food truck business plan is a document that outlines the various aspects of starting and running a food truck business. It covers topics such as the truck's concept, menu, target market, marketing strategy, financial projections, and more. 2. A food truck business plan is an important tool for any aspiring food truck entrepreneur.

  15. Writing a Food Truck Business Plan [Sample Template]

    Second Fiscal Year (FY2): $121,500 (45% of revenue generated) Third Fiscal Year (FY3): $269,500 (55% of revenue generated) d. Profit Margin of a Food Truck Business. In this line of business, a 30 percent profit margin is encouraging, but it will depend on your location, competition, efficiency, among other factors.

  16. How To Write A Food Truck Business Plan (With Examples)

    Currently, there are more than 35,000 food trucks in the United States, with a market size of $1.16 billion in 2021. This market share is expected to rise by 6.4% annually from 2022 to 2030, driven in large part by a demand for novel dining experiences and a greater interest in gastronomy.In many communities, food trucks are a common sight in ...

  17. Business Plan Food Truck (Free PDF)

    You want to open a restaurant, a snack bar, cafe or food truck? With our free business plan template, hosts can get started! Why Franchising Is A Smart Business Model. Starting a franchising business can be lucrative for entrepreneurs who want to startup with the support and resources of an established brand. Create a free startup plan and open ...

  18. Food Truck Business Plan Template

    A food truck business plan can also serve as guidance for the food truck owner to ensure that the business is running within the financial plan. If there would be any deviations from the plan, corrective actions should be done and monitored. Create a food truck business plan using Venngage's food truck business plan template.

  19. PDF DONNY'S FOOD TRUCK

    Donny's Food Truck - Sample Business Plan CONFIDENTIAL You may utilize this business plan as a starting point for your own, but you do not have permission to reproduce, copy, resell, publish, or distribute this plan as it exists here. Page 5 PRODUCTS & SERVICES Offerings Donny's Food Truck will offer a wide range of food options, to include:

  20. Food Truck Business Plan [2023- Download Free Template]

    Food Truck Business Plan is an outline of your overall Food Truck business. The business plan includes a 5 year projection, marketing plan, (+1) 9784800910, ... You can spend 3 to 4 weeks trying to write your own Business Plan by browsing through free online resources or hire a professional writer for $2,000.

  21. Food Truck Business Plan

    4. Fried Chicken. Fried chicken is another staple in the food truck business industry. According to research, 8 out of 10 food trucks or food stalls sell fried chicken. This is testament to people wanting to eat fried chicken for the rest of their lives.

  22. How to Start a Food Truck Business in Ontario: Step-by-Step Guide

    In this article, we will discuss how you can start a successful food truck business: Quick Navigation. Step 1: Develop a Business Plan. Step 2: Register Your Business. Step 3: Obtain a Food Truck. Step 4: Obtain Necessary Licenses and Permits. Step 5: Purchase Equipment and Supplies. Step 6: Choose a Location.