How to rent a food truck?

The cost of renting a food truck can vary greatly depending on the type of food truck you are looking for, the time of year you are renting, and the location of the rental. Generally, the cost of renting a food truck costs $3,600-$3,800 each month for brand-new trucks. Longer-term rentals may be available for a discounted rate.

In addition to the rental fee, you may incur additional costs for necessary permits, insurance, and potentially the cost of hiring staff to operate the truck. This cost can vary based on your city and state regulations. Depending on the location and type of food truck you are looking to rent, there may also be additional fees for electricity, water, and waste disposal.

Finally, it’s important to consider the cost of food and supplies needed to run the food truck. This cost can vary widely based on the type of cuisine and the quantity of food you will be serving.

Can you lease to own a food truck?

Yes, there are companies that allow you to lease a food truck, with the possibility of buying outright at the end of the lease term. Roaming Hunger is just one company that offers this. 

How much does it cost to run a food truck monthly?

The average cost of running a food truck each month is difficult to discern because the cost varies depending on a variety of factors, such as the size of the truck, the type of food being served, the location of the truck, and the number of employees needed to run the business.

The most significant cost is typically the rent or lease payments for the truck, or the monthly payment if you’re buying the truck. Other common expenses include permits, insurance, and licenses, which can cost up to $1,864 each year, on average.

The cost of food and supplies will also vary depending on the type of food being served and the quantity needed. Additionally, the cost of utilities such as electricity and water should be considered.

Finally, the cost of labor will depend on the number of employees needed to run the business. This can range from $800 to $2,000 per month or more, depending on the minimum wage laws in your state and the number of hours your employee(s) work. 

Are food trucks a good investment?

Food trucks can be a lucrative investment, with the average food truck owner making a yearly salary ranging between $24,000 and $153,000 per year. However, just like any business, you need to put in the work to ensure its success. Make sure you research the location you’ll be selling food, as well as all of the costs. Going in with a game plan and another backup plan is the only way you’ll turn a profit. 

About the Authors

Christopher Murray

Christopher Murray

Personal Finance Expert

Christopher Murray is a professional personal finance and sustainability writer and editor who enjoys writing about everything from budgeting and saving to unique investing options like SRI and cryptocurrency.

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Kal Salem

Kal Salem

MA Accounting - Arizona State University

A CPA and finance professional working with small businesses to educate owners and grow alongside their businesses. Kal started his career in public accounting supporting SEC, regulatory, and both internal and external audits. He holds a Masters in Accounting and a BS in Supply Chain Management. Owner at Salem CPA...

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