Food Truck for Sale in the UK - Food on the Go

18/09/2018 08:00 | Fast Food Franchises

If you're considering opening a restaurant franchise, why not take a look at one of the many popular food truck franchises operating here in the UK? Not only are they an exciting business opportunity, but they're also still relatively new to the UK market. This means that theres less competition and a better chance of making your mark on the industry.

Food truck for sale UK

There are many reasons you should consider a franchised food truck for sale. Below, we take a look at five of the most important.

1. Lower levels of investment required

One of the most significant expenditures for any business is the cost of the lease on premises. With a mobile food truck, this isn't an issue. Though there are other costs to consider (such as the cost of the truck and its fittings), food truck franchises generally require a lower up-front investment and will cost you less in the long run. The fact that food trucks arent tied to a particular fixed location makes them ideally suited to high-density markets in which the cost of leasing property is prohibitively expensive for smaller businesses.

2. Go where the customers are

Businesses in the food and restaurant industry dedicate an incredible amount of time to getting customers through the door. Its one of the biggest problems restauranteurs have. How do you get diners from all over the city to come to your specific neighbourhood to try your food? It takes time to build up a reputation that pulls in the crowds and until you've established yourself, you may find that the business isn't attracting sufficient customers.

With a food truck, you can go to the customers, rather than expecting them to come to you. Book yourself into big events, fetes, and carnivals. Take your food to parties and festivals. Rather than sitting back and waiting, you can be proactive and take the initiative.

3. Its trendy

Food trucks are fashionable, there's no doubt about it. Though the food truck phenomenon is yet to take off in as big a way as it has in the USA or Australia, it's gathering pace and already rewarding early adopters and those entrepreneurs prepared to take a risk. This means that it's the perfect time to launch your food truck franchise or join an existing franchise. The market is not yet saturated, and there are plenty of opportunities out there for business-orientated individuals with an eye for a good investment.

If you've got a restaurant concept, food trucks can also be an effective way of testing that idea and scoping out how consumers feel about your food. Since you're investing less, you can trial certain dishes, entire cuisines, or whole truck concepts without exposing yourself to too much risk.

4. It solves a lot of problems

When you talk to businesspeople looking for franchise opportunities, theres often a list of common obstacles that theyve all encountered. For instance, the main problem faced by young investors is property cost. The rising cost of leasing a property in a busy city often makes the venture too risky. Second, the initial investment required by many franchises is prohibitively high. Food truck franchises sidestep both of these issues. First, food truck franchises don't need a property. Second, they're based on a low start-up cost. This means that there are fewer barriers to entry and the risk is lower if things don't go to plan, you won't have lost quite as much as you would have otherwise.


5. Its fun, new, and exciting

Its also important to consider the fact that food trucks are fun, exciting, and a new way of doing things. Most modern food trucks adopt a playful but powerful brand identity that's brimming with personality. The job involves meeting new people every day and working in completely different places. If you do it right, youll be attending large-scale events and find yourself in the thick of the action. If you want something a little more varied and diverse than your traditional franchise, a food truck may be the way to go.

Coffee Bike

Coffee Bike takes the idea of a mobile coffee shop and makes it more portable and eco-friendly than ever before. With all you need packed onto the back of bespoke bicycle transport, franchisees can take their day to day operations on the road and go to people you never expected to sell to. The franchise requires a minimum investment of £8,000, though franchisees will need to invest more at a later date if they want their business to succeed. Coffee Bike operates an interesting royalty scheme that ensures that there are no fixed monthly costs and that franchisees pay a percentage fee on every cup of coffee sold instead.

Cafe2U

Cafe2U deliver great coffee and fresh foods direct to customers across the country. As a van-based franchise, it's both affordable and easy to operate, giving you the best possible chance of turning a sizeable profit. To become a franchisee, you'll need an investment of £81,000. All franchisees receive comprehensive training and on-going support.


ZooHoos Eatery

As an alternative to the UK-based food truck franchises (that specialise in coffee), we decided to take a look at US franchise ZooHoos Eatery. ZooHoos takes the fast-casual dining experience to a whole new level by loading it on to the back of a trailer and allowing you to take your restaurant with you wherever you go. Interested investors will have to raise a total investment of around $100,000 and need access to liquid capital amounting to at least $50,000. Though the franchise isnt planning on expanding to the UK yet, its an example of just how popular food truck franchises have proven elsewhere.

Conclusion

Food truck franchises are an exciting investment opportunity for anyone interested in opening up a food-based business. While traditional restaurants can prove incredibly profitable, there's also a great deal of risk associated with leasing business premises. With a food truck franchise, there are none of the issues and franchisors have a good chance of returning their investment in a short amount of time.

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