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Overview of Ice Cream Cart Business
- Ice cream carts can be very profitable
- Low start-up costs and excellent profit margins
- Easy to transport and serve in various locations
Ice Cream Truck Business Statistics
- Average monthly income: $5,000
- Annual gross revenue: $15,000 – $30,000
- Market value: US$ 1,346 million, expected to reach US$ 2,655 million by 2030
Profitability of Ice Cream Trucks
- Profit range: $4,000 to $20,000 annually
- Profit margin on soft-serve ice cream is higher
- Seasonal business with higher earnings in summer
Costs and Revenue
- Net profit margin: 20-30% on average
- Modest to medium-sized ice cream cart business can expect profit margin
- Average daily income: $200 – $300
Investment Considerations
- Low start-up costs and minimal waste
- Net profit calculated as about half of gross revenue
- Options for renting ice cream trucks or carts
Tips for Ice Cream Truck Business Success
- Focus on building regular vending spots
- Consider catering at private events for higher profits