One of the most popular food trucks is the ice cream truck. Here's a comprehensive overview of getting an ice cream truck up and running.
April 3, 2023 | Courtesy of WebstaurantStore
An ice cream truck represents a unique opportunity for aspiring business owners. Low startup costs, minimal staffing requirements, and schedule flexibility allow you to design a business model that fits your lifestyle. Below, we'll walk you through the process of starting an ice cream truck, the costs associated with it, and various marketing tactics you can use to ensure your ice cream truck business starts out strong.
Though starting an ice cream truck business isn't as complicated as starting a restaurant, it comes with its own set of challenges. If you aren't familiar with the ice cream truck industry, you might not know where to start. Follow the steps below to start your own ice cream truck business.
1. Write a Business Plan
The first thing any entrepreneur should do when starting a business is to write a business plan. This allows you to map out every step of the process, detailing everything from your financial background to your management structure. A business plan is also a key part of securing loans or investments for your business.
2. Fund Your Business
Starting an ice cream truck necessitates fewer overhead costs than other businesses. While some prospective ice cream truck owners might be able to finance their business out of pocket, many more will need to secure additional funding. Once your business plan is written, there are several different paths you can take to secure capital. Some of these options include:
3. Buy or Lease a Truck
Once you've secured funding, it's time to investigate getting your own ice cream truck. In general, you'll have two options: buy a truck or lease a truck. Both come with their own set of risks and rewards
Not unlike buying a food truck, buying an ice cream truck represents a significant investment. With a strong business plan, that investment can pay off in the long run. Depending on your preferences and what is available, you can buy one new or shop for a used truck. It's important to note that a new ice cream truck will likely have updated features, while an older truck may come with equipment or modifications from the previous owner. It's also important to note that the high price of buying an ice cream truck can serve as a barrier to entry for some prospective business owners.
Similar to leasing a food truck, leasing an ice cream truck allows for more flexibility as you start your business. On a monthly basis, leasing an ice cream truck is less expensive than buying one. This option offers increased accessibility to the ice cream industry and a wide variety of trucks to choose from. A potential downside of leasing is that you may have to return the truck. For this reason, you must plan ahead and renew your lease on time.
In general, it can cost anywhere from $10,000 and $60,000 to buy an ice cream truck. Conversely, the cost of leasing an ice cream truck typically falls somewhere between $400 and $800 per month.
4. Create a Menu
Curating a menu can be a stressful and intimidating task. With so many options, it's difficult to decide on what to offer and what to exclude. Although an ice cream truck is only meant to serve frozen desserts, creating an ice cream truck menu can still be difficult. To curate the menu that best fits your ice cream truck business, follow these tips:
5. Invest in Equipment
Once you've acquired a truck and decided on a menu, you'll need to shop for the proper equipment and supplies. Consider creating a list of essential appliances, disposables, and other products your truck will need. It's important to note that your equipment needs can vary depending on what kind of ice cream you serve, the area you operate in, and your personal preferences.
Here are some of the most popular appliances and products found on an ice cream truck and what you should keep in mind while shopping for them:
Whether you're serving soft serve, pre-packaged ice cream, or another type of frozen treat, the following ice cream truck supplies can help you offer excellent customer service:
6. Investigate Ice Cream Truck Permits
Depending on which area you plan on operating in, you may need to apply for select permits and licenses. These are often set in place by local or state governments and help to maintain safety regulations. It's important to keep in mind that they can vary from place to place, so what is required in one state may be different in another. Because of this, make an effort to reach out to local authorities to ensure your ice cream truck business can operate legally.
Here are some of the most common permits, licenses, and regulations you'll need to investigate for your food truck.
7. Advertise Your Truck
Once you've acquired a truck, set a menu, and applied for necessary permits, you'll need to begin advertising your ice cream truck. Unlike traditional restaurants, ice cream trucks do not have a fixed location. Because of that, you must advertise your truck effectively. Here are marketing techniques that can help grow your brand:
Many questions come along with starting an ice cream truck business. Whether you're new to owning an ice cream truck or have operated one for years, it's important to stay informed on the industry. Below, we've answered some of the most frequently asked questions:
How Much Does an Ice Cream Truck Make?
In general, an ice cream truck makes somewhere between $200-$500 per day. It's important to note that depending on where you live, most ice cream trucks operate seasonally. This means that there will be several months of the year when you won't be able to make money.
What Are the Hours of an Ice Cream Truck?
Ice cream trucks generally operate from as early as 10 in the morning to as late as 7 at night. Keep in mind that these hours can vary and you can set a schedule that best fits your lifestyle.
An ice cream truck offers a flexible business opportunity while posing significantly less risk to your finances than other business types. Despite this, starting an ice cream truck business comes with its own set of obstacles. By adhering to the tips above, you'll be able to position your ice cream truck business for success.
This article is courtesy of WebstaurantStore.com