food truck industry statisticbrain

Food Truck Industry Statistics

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Food Truck Industry StatisticsData
Annual food truck revenue$1,200,000,000
Industry revenue increase over the past five years12.4 %
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 SegmentsPercent of Sales
Street locations / corners55 %
Other locations / venues / events18 %
Industrial / construction work sites15 %
Shopping malls12 %
Food Truck Expense BreakdownPercent of Expenses
Food and Beverage for resale27 %
Insurance, repairs and maintenance, licenses, fuel26 %
Employee wages18 %
Other29 %
Food Truck Startup CostsAverage Cost
Food truck – wrap & equipment$85,000
Initial product inventory$1,500
Permits and Licenses$300
Register / POS$500
Paper products$250
Misc. Expenses$500
Pots, Pans, etc.$1,500
Fire Extinguisher$150
Total Startup Cost$90,300
Statistic Sources & References
Source: Statistic Brain Research Institute (Online / Direct Response Mail)
Content Author: Statistic Brain

Date research was conducted: August 5, 2016

Food Truck Industry Statistics

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