What is the costing for a basic food truck?
Have you ever wonder how much you can potentially save when you are starting up a food truck business as compared to a café? The concept of the food truck is quite well known and popular in Malaysia. Surely, you have heard of lok-lok, mamak, ramli burger, western food selling out of mobile trucks. The mobile food truck has become increasingly popular in urban Malaysia. This gives a better business opportunity for the Small Medium business owner, startup or even young entrepreneur as it provides flexible working hours/locations and most importantly lower initial investment for them. This is one of the attainable platforms to support new business owner. Food truck also provides easy mobility and lucrative returns with lower risks as well as promoting easily accessible to affordable food to the public. Let me demonstrate how cheap it is to have your own food truck.
Breakdown Costing |
||
ITEMS | INITIAL COST (RM) |
ONGOING COSTING (PER MONTH) |
Register with SSM (Compulsory) |
100.00 |
|
Bank Account (required for company registration) |
2,000.00 |
|
Goods Driving License (Compulsory) |
500.00 |
|
Local Business Permit from Local Authorities, per year |
500.00 |
|
Food Truck Deposit (10% from the total price, eg. 53,000.00) |
5,300.00 |
|
Signboards and Bunting |
1,000.00 |
|
Food Truck sticker (basic) |
500.00 |
|
Basic Equipment (Kitchen, gas, freezer, racks, pots, woks) |
4,000.00 |
|
Tyhoid Immunisation Injection (Compulsory) |
70.00 |
|
Food Serving Course (Compulsory) |
150.00 |
|
Point of sales (POS) System |
2,000.00 |
|
Uniform or Apron |
500.00 |
|
Basic Furniture (chairs and table) |
2,500.00 |
|
Preparation of raw materials (estimated) |
5,000.00 |
3,000.00 |
Paper products (plates, cups, napkins) |
500.00 |
|
Utilities (electric, water, generator) |
500.00 |
|
Food truck instalment, per month |
900.00 |
|
Working Capital (staffing) |
3,000.00 |
|
Maintenance |
300.00 |
|
Miscellaneous (white board, chalks, flyers) |
500.00 |
|
Total |
24,120.00 |
8,700.00 |
**Above prices are for references only, prices could be varying