So you are thinking about buying a food truck! Maybe you’re a chef who knows their food is worth people lining up around the block, or maybe you have always been passionate about being an entrepreneur. If this sounds like you, we’re sharing what it takes to be a food truck owner and make some serious cash in the culinary industry. Food trucks can make decent money, but before you buy one and start serving those tasty dishes, here’s what you need to know about average food truck salary for college students in 2017.
The average salary for a food truck owner is $40,000 per year.
Average salary for food truck owner
Again, the average salary for a food truck owner is largely dependent on where they are located. While there are some places that pay less than $75,000 and others that pay nearly $100,000, most will find themselves somewhere in the middle. This creates a yearly salary range of $70,000 to $90,000. Again, this is based on the average for food truck owners.
If you want to try your hand at starting a food truck, it might help to know where you’d stand in terms of salary and earnings. As you can see on the chart above, food truck owners earn a median annual income of between $28,452 and $70,932. Keep in mind that these figures come from a variety of sources and aren’t always verified; however, they should be considered when deciding whether or not a food truck is right for you.
The sum of money that one gets from it will be higher than the expenditures incurred. This is fact not fiction, more and more business owners have come to realize that owning a food truck is a lucrative investment. If you have the passion for cooking the idea of starting one for your business suddenly becomes attractive, attractive and profitable.
Our analysis shows that the food truck industry will grow at an annual rate of 13.6 percent between 2012 and 2016, corresponding to a $247.9 million increase in sales volume. This is great news for prospective owners, as well as existing entrepreneurs who are looking to expand their operations.
