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Post by chummer16 on Jan 8, 2020 10:57:18 GMT -6
I am kicking around the idea of starting a food truck type business that services breakfast and lunch only. What would you guys pay for a premium burger, chips, and drink for lunch? Any other ideas for a lunch menu? Considering stuff that can be prepped in the morning and cooked or made very quickly. I am putting in an offer on a dentist office with an upstairs apartment. It also has a detached two car garage. It is in a prime spot, high traffic 30mph road that is 5 minutes from the new Amazon center. It is on 1.5 acres so I would have room to use the garage as storage and have some sort of lunch spot. It has a 11 space parking lot but lots of room to expand. The dentist died two years ago and no one has been in since. The place is spotless, if I couldn’t find an aspiring young dentist to rent it I could convert it to many other things. What say you?
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Post by biglakebass on Jan 8, 2020 11:08:12 GMT -6
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Post by smsmith on Jan 8, 2020 11:16:54 GMT -6
How much someone will pay for lunch will depend on average income in the area. In the Twin Cities, I'd imagine such a burger would cost from $12-$16 depending on just how "premium" it is. Around here you'd never be able to sell at that price point. I'd imagine here to make a go of it you'd to be around $7-$9
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Post by chummer16 on Jan 8, 2020 11:20:24 GMT -6
How much someone will pay for lunch will depend on average income in the area. In the Twin Cities, I'd imagine such a burger would cost from $12-$16 depending on just how "premium" it is. Around here you'd never be able to sell at that price point. I'd imagine here to make a go of it you'd to be around $7-$9 Lunch around here will cost you $7-9 but that is a couple slices or a 6” sub |
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Post by chummer16 on Jan 8, 2020 11:23:23 GMT -6
Thanks for posting that. Is he making good money now? Three years in I would gess he is doing good or would have bailed. |
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Post by Catscratch on Jan 8, 2020 11:27:49 GMT -6
I don't eat chips or drink pop. I would pay $5-$7 for a good burger that filled me up, was fast, and tasted good. $2 for a quick burger that wasn't great or heavy (something like a Jr. Burger). Find a dentist!
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Post by MoBuckChaser on Jan 8, 2020 11:28:55 GMT -6
Our stupid town of Mora MN started a law that says food trucks can only park in one spot downtown. They can't drive in front of what little businesses we have left to sell to them. They would have to get in their cars and drive to the food truck. Be aware of rules and regs on them.
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Post by smsmith on Jan 8, 2020 11:32:23 GMT -6
How much someone will pay for lunch will depend on average income in the area. In the Twin Cities, I'd imagine such a burger would cost from $12-$16 depending on just how "premium" it is. Around here you'd never be able to sell at that price point. I'd imagine here to make a go of it you'd to be around $7-$9 Lunch around here will cost you $7-9 but that is a couple slices or a 6” sub Within 15 minutes there are at least 4 bar/grills I could go for a daily lunch special at the $7-$9 price point. A lunch truck here wouldn't be profitable IMO. There is one lunch truck that hits our town on Friday. It's a hispanic family and the food is fantastic. I can get a burrito big enough to fill me up if I was ravenously hungry for $9 |
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Post by chummer16 on Jan 8, 2020 12:08:17 GMT -6
I don't eat chips or drink pop. I would pay $5-$7 for a good burger that filled me up, was fast, and tasted good. $2 for a quick burger that wasn't great or heavy (something like a Jr. Burger). Find a dentist! I am going with smash burgers. I made them twice last weekend, absolutely delicious. Three minutes to cook. I already have a lead on a couple young dentist that might want to go out on their own. I am low balling the property. It went on the market a year ago at $275k they have dropped it many times down to $189k I am starting at $130k and hoping the family wants to get out from under it. At that price I have a lot of options and finding a dentist would be a bonus. |
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Post by chummer16 on Jan 8, 2020 12:11:25 GMT -6
Our stupid town of Mora MN started a law that says food trucks can only park in one spot downtown. They can't drive in front of what little businesses we have left to sell to them. They would have to get in their cars and drive to the food truck. Be aware of rules and regs on them. Syracuse is like that. They have a lotto drawing and tell you what spot you can go to. My town is still republican and we don’t have many rules. That is how we got Amazon. They made an offer to come and said they needed an answer in 30 days. We held one meeting and two weeks later they had their answer. |
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Post by smsmith on Jan 8, 2020 12:11:53 GMT -6
Our stupid town of Mora MN started a law that says food trucks can only park in one spot downtown. They can't drive in front of what little businesses we have left to sell to them. They would have to get in their cars and drive to the food truck. Be aware of rules and regs on them. I think lots of communities have similar laws. Brick and mortar restaurant owners usually aren't fond of food trucks. |
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Post by biglakebass on Jan 8, 2020 12:33:51 GMT -6
Thanks for posting that. Is he making good money now? Three years in I would gess he is doing good or would have bailed. I honestly dont know financially how he is doing, but you are right. 3+ years in and apparently stays very busy. So something must be working out. He does not have another job and this is just a filler for him. |
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Post by Bwoods11 on Jan 8, 2020 12:58:35 GMT -6
If you have high traffic, it would not surprise me if you get plenty of customers. There is a guy in my hometown that does chicken wings, tacos etc.. His bread and butter is during festivals, but he also plants himself by the breweries that can't serve food. He travels from town to town.
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Post by smsmith on Jan 8, 2020 13:53:48 GMT -6
If all you do is burgers, you'll need to move around a lot. People get sick of eating the same thing everyday. Most food trucks have at least 3 or 4 lunch options.
The hispanic food truck that hits our town on Friday goes all over. They park outside a big meat packing plant here around 11 and stay through the lunch hour. Then they move to another spot on main street for the rest of the afternoon. Their home base is about 90 minutes from here.
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Post by Catscratch on Jan 8, 2020 14:26:48 GMT -6
The smoker guy comes to town once every 2 weeks, sets up in a local grocery store parking-lot. People have the day marked on their calendars. Orders are called in before lunch break. Someone from work gathers money and picks the order up. He always runs out of meat. Goes to a different town every day. Since he isn't always there his food is a special occasion and people go bonkers to get it. It only works because he is predictable though. If he didn't show up on a regular basis and people were guessing he wouldn't get a lot of business, people look forward to his day and plan around it.
Personally, I grew up working in my grandma's cafe. 3:30am making hamburger patties, cutting potatoes into fries, and brewing coffee for the oldtimers who never bought actual food or tipped. 11:00pm dumping grease pans and scrubbing griddles. I'll never be in the food service profession unless it's for survival.
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