People have been starting and running their own businesses for years. Some of the most successful people in business today are people who took a small idea and made it into something big. This was the chance they needed to make themselves into something big. There are many types of businesses out there from offering a service to make people's lives easier to selling a product such as with the food service industry. Recently popular in food service is purchasing a concession trailer as a mobile food kitchen. There are several positive aspects of owning a mobile concession trailer as opposed to a stationary restaurant at a static location.
Mobile food businesses can be advantageous at times, because you aren't stuck in one place. If a big event is taking place, you can move and set up shop near all the action. Someone with a fixed location doesn't have this advantage. As you can imagine, this gives you a huge leg up as you are able to analyze and move locations on demand.
If you ran a brick and mortar business, you don't have the advantage of moving around as needed. This is one of the key benefits to being in mobile food. When opportunities arise, you can sweep in and add to your business.
If business goes south and you are in a fixed locale, you are probably out of luck or at least limited in what you can do. The mobile kitchen can stabilize your revenue by moving around to various events and locations that are hot across the city. You always hear that business is about location, location, location, but if that location can be dynamic, suddenly the game has changed. If you are stuck in the same location, you likely are going to have to get very creative to save the business.
One final reason that purchasing a concession trailer can be advantageous over a restaurant in a building is the fact that it is very affordable compared to the cost of a stationary restaurant. Hundreds of thousands of dollars may be required to successfully get a traditional restaurant off the ground. For as relatively little as $25,000 to $30,000, you can purchase an almost new, spacious concession trailer equipped with a grill, deep fryers and other cooking equipment suitable for running a restaurant. This is a fraction of the cost a traditional restaurant would cost just to get it ready to run, much less order food and other miscellaneous supplies.
As you can see, we are definitely fans of mobile food. We talked about the cost advantages, but it is even worth considering if you are already in a stationary location. Many restaurants have made the transition of being both stationary and mobile, with the purchase of a food truck.
Since concession trailers have much less start-up costs, this also means they are easier to exit. While you don't want to plan to fail, it makes a big difference in being out $10,000 as opposed to $150,000. If you get into mobile food and like it, you may want to make the switch and set up a permanent space once you build up some brand loyalty.
Mobile food businesses can be advantageous at times, because you aren't stuck in one place. If a big event is taking place, you can move and set up shop near all the action. Someone with a fixed location doesn't have this advantage. As you can imagine, this gives you a huge leg up as you are able to analyze and move locations on demand.
If you ran a brick and mortar business, you don't have the advantage of moving around as needed. This is one of the key benefits to being in mobile food. When opportunities arise, you can sweep in and add to your business.
If business goes south and you are in a fixed locale, you are probably out of luck or at least limited in what you can do. The mobile kitchen can stabilize your revenue by moving around to various events and locations that are hot across the city. You always hear that business is about location, location, location, but if that location can be dynamic, suddenly the game has changed. If you are stuck in the same location, you likely are going to have to get very creative to save the business.
One final reason that purchasing a concession trailer can be advantageous over a restaurant in a building is the fact that it is very affordable compared to the cost of a stationary restaurant. Hundreds of thousands of dollars may be required to successfully get a traditional restaurant off the ground. For as relatively little as $25,000 to $30,000, you can purchase an almost new, spacious concession trailer equipped with a grill, deep fryers and other cooking equipment suitable for running a restaurant. This is a fraction of the cost a traditional restaurant would cost just to get it ready to run, much less order food and other miscellaneous supplies.
As you can see, we are definitely fans of mobile food. We talked about the cost advantages, but it is even worth considering if you are already in a stationary location. Many restaurants have made the transition of being both stationary and mobile, with the purchase of a food truck.
Since concession trailers have much less start-up costs, this also means they are easier to exit. While you don't want to plan to fail, it makes a big difference in being out $10,000 as opposed to $150,000. If you get into mobile food and like it, you may want to make the switch and set up a permanent space once you build up some brand loyalty.
About the Author:
If you are getting going in the food truck business the first step is to find food carts for sale. Next, you need to prepare a food truck plan. Go ahead and get started!
