Industry Analysis & Industry Trends
Keep on trucking
Demand for food trucks and street vendors has soared in the five years to 2011, and revenue will continue to grow steadily during the next five years. With consumer spending back on track, firms will incorporate unique and healthy food options to entice customers. Though competition from other restaurants and food establishments will remain strong, vendors will provide quality and personal service to gain revenue... purchase to read more
Industry Report - Industry Products Chapter
The industry comprises a variety of mobile operators. About 96.4% of industry revenue is derived from the sale of food and drinks to customers who eat it on-the go. This overwhelming majority is a result of vendors not typically providing tables and chairs for customers' use.
Operators can work on an owner-operator basis for a single vehicle, or a business can own a number of vehicles and hire employees to operate them. An operator might also lease the vehicle to others for a flat fee or percentage of sales. Due to the strict health regulations regarding cleanliness of vehicles, food preparation and storage, operators are usually linked to wholesale supermarkets or similar establishments that can provide food and beverages in accordance with these requirements... purchase to read more