Take away food truck business model 2023
Starting a food cart business is attracting widespread interest from all walks of life, including students and housewives. If you are thinking about starting a take away food truck business but don’t know where to start, let’s take a look at the important information below!
1. What is a food truck business model?
Food truck business in Vietnam refers to a type of mobile food service business that uses carts or kiosks, unlike traditional restaurants which are often located in densely populated areas, market or shopping center. Food trucks are often located in crowded places such as markets and shopping areas, and often offer rustic dishes such as sandwiches, drinks and snacks. Their goal is to create convenience, allowing people to buy food or drinks while on the move. However, there are also food trucks that specialize in a specific type of food.
2. Benefits of running a food truck business
The food cart business is becoming a trend with some obvious benefits. In Vietnam’s diverse culinary culture, shopping carts often focus on the food industry, because demand in this industry is never ending, everyone needs food. Popular products such as milk tea, tea, etc., are often in high demand.
3. Low capital investment, high profitability
Taking away business usually requires little capital but is highly profitable. Because the products are often of low value, do not require too much operating and raw material costs, and the simple processing process makes the take away model an ideal choice for new or startup businesses.
4. Some items can be sold on a take away basis
4.1. Fried chicken cart business
Crispy fried chicken has become popular with everyone, often appearing in fast food restaurants on the street, always crowded with customers. With the increasing demand for cuisine, creators have come up with new business directions, without needing a luxury restaurant but still being able to enjoy delicious fried chicken on the spot – that is the fried chicken cart business.
Unlike large fried chicken chains such as KFC, Korean fried chicken, etc., which require large investment capital and need a fixed store, the fried chicken business by cart is flexible and has low investment capital. With just 5 – 7 million VND (equivalent to the cost of renting a space for 1 month), you can own a beautiful fried chicken truck.
4.2. Coffee cart business
The coffee cart model, or toad cafe, on the sidewalk with a small business scale, does not require a large space and can be flexibly moved anywhere without planning like opening a regular cafe. The coffee cart includes a mixing counter and wheels on the bottom to help move easily to the desired location. Usually, products are served in paper cups or glass cups so customers can take away or sit on small plastic chairs.
By selling coffee using a cart, you will save on material costs such as cups, plates, tables and chairs, etc. Instead, you only need to invest in paper cups, reusable plastic cups, and small tables and plastic chairs… This cost helps you save more than renting business premises.
4.3. Selling breakfast carts
In the morning, when people rush to go to work or take their children to school, buying breakfast at grocery stores or restaurants to take away is a popular choice to save time and money. Just invest a small amount of capital when buying a Turkish bread cart, you can sell any type of bread: meat bread, triangular bread, egg bread, stick bread, fish roll bread… You can even add a pot of sticky rice right on the car to sell together. The initial cost is not high, so when there is a stable number of customers, recovering capital is not difficult.
The food cart business model is becoming a popular trend due to the convenience it brings to both customers and businesses. Business under this model often requires little capital investment and brings high profits because the products have low value and do not require much effort or fuel in the business process. The simple processing process is the main reason why the take away model becomes the ideal choice for new or starting businesses.