Food Truck Industry Statistics

Food Truck Industry Statistics Data
Annual food truck revenue $1,200,000,000
Industry revenue increase over the past five years 12.4 %
Total number of food trucks in the U.S. 4,130
Average revenue generated per food truck $290,556
Average spending per order at a food truck $12.40
Average cost of food truck $85,000
Food Truck Location Market Segments Percent of Sales
Street locations / corners 55 %
Other locations / venues / events 18 %
Industrial / construction work sites 15 %
Shopping malls 12 %
Food Truck Expense Breakdown Percent of Expenses
Food and Beverage for resale 27 %
Insurance, repairs and maintenance, licenses, fuel 26 %
Employee wages 18 %
Other 29 %
Food Truck Startup Costs Average Cost
Food truck – wrap & equipment $85,000
Initial product inventory $1,500
Permits and Licenses $300
Website $100
Register / POS $500
Uniforms $500
Paper products $250
Misc. Expenses $500
Pots, Pans, etc. $1,500
Fire Extinguisher $150
Total Startup Cost $90,300
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Statistic Sources & References
Sources: Intuit, Food Truck Nation, Statistic Brain Research Institute
Content Author: Statistic Brain

Date research was conducted: August 5, 2016

Food Truck Industry Statistics

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