With a rise in youth spending, middle-class expenditure, conscious consumerism, mobile lifestyle and requirement of food on the go, the Food Truck model has become quite a rage among the worlds population. The future of the food truck industry seems bright with its projected revenue growth at a rate of 3.7% in the next five years. If things work out this way, the industry total will climb to $1.7 billion, which is massive growth for a newly introduced industry.
With low investments and minimal risks involved, Food Trucks are now becoming the popular choice for opening a restaurant business, especially for first-time restaurateurs. We can still help you understand the pros and cons of a food truck or a regular restaurant. Read on to find more about the same