The investment will help the company begin and continue operations until the company becomes self-sustaining. Management Team Mickey Jordan, Partner Mickey Jordan has more than ten years in the food and restaurant industry and serves as the head chef of a five-star restaurant.
The advantage of mobility in Food Truck format gives owners access to multiple locations at an initial capital that is lower than that needed in opening a restaurant of any other format.
Thus, it is no wonder that restaurant owners are looking to invest in a Food Truck instead of an individual stationary restaurant. This article will tell you why it is a better idea to open a Food Truck instead of a Standalone Restaurant.
In this article, we will take you through every step of starting your own food truck business in India. How to Start a Food Truck Business in India First of all, you should create a food truck business plan which would act as a roadmap to the future growth of your food truck.
Learn how you can create a business plan for your food truck here. The following points will guide you through the process of opening a Food Truck Business in India: Choose the Right Food Truck or Commercial Vehicle The first thing to do is to choose the right truck or commercial vehicle.
Based on the given menu which is Italian and Continental, you need a commercial vehicle which is at least Feet long, and a new one would cost around Rs lakhs.
But to save costs, you can start with an old truck which would cost half the price of the new one. However, when buying an old commercial vehicle or truck one should check for proper fitness certificate, registration, road tax receipt, and insurance.
Also, it should not be more than five years old, as due to pollution problems various state governments and environmental bodies are considering to ban year-old commercial vehicles in different cities.
The old vehicle can further be modified and designed based on the requirement with an additional cost of Rs 1 lakh from the various bodybuilder shops.
So, the total cost of the final truck old without kitchen equipment is Rs 5 lakhs.
Also, the parking of truck should be such that it does not pose any hassle to commuters, yet should be visible to the people. Also, it is advisable to buy a light commercial vehicle rather than going for a big size heavy commercial vehicle because in certain cities including Delhi big size trucks are not allowed before 9: Read a detailed article on how to choose the best location for your restaurant or food business here.
Since you get a one year warranty on new ones, you would be relieved of the daily maintenance cost of the equipment. However, if you choose the equipment carefully and determine which can be bought old, this can save you a lot of money which can be used for other essential activities.
Apart from the kitchen equipment, you can store raw material for the first week which would cost somewhere around Rs 30, Further, it is advisable to keep the raw material less for the first few weeks to keep the stock fresh and to study the pattern of sale and then procure more.
However, it is essential to procure the following set of licenses for your food truck in India, which will permit you to carry on with your business legally in this territory:webkandii.com How to Write a Food Truck Business Plan • 2 1.
EXECUTIVE SUMMARY As we explained in “How to Write a Food Truck Business Plan,” the Executive Summary will appear first in the final version of your document—but you should write it last. Management Plan food truck, and open for business. Years Add a part-time employee and increase hours until part-time position becomes a full-time one, decreasing the hours of the owners on the truck.
Years Add a second full-time employee, removing both owners from truck operation. Food Truck business is a very famous and a growing business in today’s time. With good food truck business plan in India you can acquire good return on investment in very short interval of time.
A business plan worksheet for a food truck business is an essential part of the firm. Such a worksheet estimates and allocates costs and available resources in connecting demand-supply chains with transportation by trucks. Mobile Food Truck Business Plan Sample.
Food Truck business is a very famous and a growing business in today’s time. With good food truck business plan in India you can acquire good return on investment in very short interval of time. This business plan assumes that the business will receive a year loan with a 5 percent fixed interest rate compounded annually.
The financing will be used for the following: Development of the Crazy Crepes food truck; Crazy Crepes Food Truck Business Plan.