Higher priced items are those involving licensed characters, those considered premium or gourmet products, and those that are offer a greater quantity of ice cream.
While the exact amount will vary by region and exact product, you can typically charge customers between one and four dollars for the different products you sell. However, devices such as Square allow you to take debit and credit card payments if you so desire. Due to the nature of the business, most of the payments you receive will be in cash. The ice cream truck business model is simple: you sell clients ice cream and receive payment. How does an ice cream truck business make money? In fact, most of your route research will focus on finding where and when large numbers of children will be. Who is the target market?Īs mentioned previously, your preferred clients will be children. You must also restock your ice cream, which should cost no more than the initial $500 (though you will order more as necessary, so periods of booming business may necessitate restocking more often). The primary expense is gas-to be completely safe, allot a budget of three dollars per gallon of gas and determine how far you will drive each month in order to get a reliable estimate of monthly fuel costs. The ongoing expenses for an ice cream truck business are very straightforward. What are the ongoing expenses for an ice cream truck business? One of the attractive things about the business is that you can acquire your starting stock of ice cream for as little as $500 and simply order more as needed. The truck must be insured, which can cost between $800 to $1500 every year. This typically has a minimum cost of $10,000, but fancier models can run to twice that cost. Your biggest expense will be the ice cream truck itself. What are the costs involved in opening an ice cream truck business? Luckily we have done a lot of this research for you.
We have put together this simple guide to starting your ice cream truck business. There is more to starting a business than just registering it with the state. You have found the perfect business idea, and now you are ready to take the next step. Start an ice cream truck business by following these 10 steps:
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