Steven, thank you for sharing and giving your honest experience and advice. You've given encouragement to many of us who are hoping to make a go of it! Success! ⭐⭐⭐⭐⭐
30% food + 30% labor + 10% rent = 70%, but he doesn't mention fixed capital costs like paying off the loan on your truck or recurring costs like maintenance and general upkeep. If the truck is paid off, it's probably (guessing) like 5% for maintenance/repairs of equipment and other ancillaries. So, at the end, maybe 25% profit? Which is pretty good. And if you're clearing $20K/mo (25% of $80K) after paying the workers and the workers are basically running the show from day to day, it's probably a decent investment. But that probably suggests a few lean years getting things up and running.
![What Are Some Things You Need To Consider before Opening a Food Truck Business [ 30 STEPS ]](http://i.ytimg.com/vi/ENTGbF1b9co/mqdefault.jpg)
Bao Boys is so goooood. Love this feature!
Steven, thank you for sharing and giving your honest experience and advice. You've given encouragement to many of us who are hoping to make a go of it! Success! ⭐⭐⭐⭐⭐
But that breakdown he gave… are they earning money or not?? 14:50
30% food + 30% labor + 10% rent = 70%, but he doesn't mention fixed capital costs like paying off the loan on your truck or recurring costs like maintenance and general upkeep. If the truck is paid off, it's probably (guessing) like 5% for maintenance/repairs of equipment and other ancillaries. So, at the end, maybe 25% profit? Which is pretty good. And if you're clearing $20K/mo (25% of $80K) after paying the workers and the workers are basically running the show from day to day, it's probably a decent investment. But that probably suggests a few lean years getting things up and running.
The part about how he had to partner with an existing business is criminal offense by the local government, thats literally racketeering.
Want to start a hot dog business but no money to buy a cart😢
Save and mow lawns.
Damn food trucks okay 🤙