Source: IBISWorld
According to Food Truck Nation, starting a food truck business costs around $55,000 on average, while the annual food truck revenue ranges between $250,000 and $500,000. With this low barrier to entry and high-profit potential, it would seem food trucks are a recipe for success. For those who have the desire to be their own boss and get a bite of this 1.2 billion dollar market, theBLOQparq (tBp) is here to be your ally. As an advocate for dreamers across the globe, we are on a mission to make Henderson, Nevada, a haven for small business owners. Opening a food truck business is a great start, but there’s always room to take things up a notch.
Drive Business Beyond Your Food Truck
The micro-retail spaces at tBp are ideal for restaurants that don’t need a large amount of square footage but want to make a significant impact. These customizable units are practical, with plenty of room for personality. An on-the-go food truck is an attractive business model, but you’ll also want to consider having a home base that will serve as your customers’ go-to shop. By combining the convenience of a mobile location with the stability of a brick-and-mortar location, you’ll get the best of both worlds and reap more benefits.
Innovation Is Steering The Food Truck Industry
Creativity and variety are popular character traits among food truck owners and restaurateurs. In fact, according to Off The Grid, experimenting with new menus is a regular occurrence for 34 percent of mobile businesses. Ghost kitchens are ideal for putting your culinary skills to good use while having the freedom to experiment with new ideas and recipes. And guess what — tBp will have ghost kitchens as a part of our master-planned community. It’s scary how well we can anticipate the needs of entrepreneurs. Whether you’re looking to test out a concept, reach customers in new territories or expand your current business, ghost kitchens are an innovative and financially savvy choice.
Geared To Continue Gaining Momentum
The food truck movement is slated to keep growing and growing. Keep in mind that more significant, trendier cities like San Francisco, San Antonio, and Boston already have a pretty saturated food truck market. Do you hear that? It’s the sound of opportunity knocking. A smaller, up-and-coming city like Henderson, Nevada is the perfect spot to set up shop. As a market maker, tBp recognizes the untapped potential that exists. We invite you to come along for the journey as we revitalize Henderson, turning it into a destination where the American Dream demands to become a reality.