Benefits of Starting a Coffee Van Business
A coffee van can be a highly profitable endeavor. Not only because coffee is the second highest commodity globally, but also because mobile shops are one of the fastest-growing segments in the restaurant trade. According to Concession Nation, the average coffee truck that operates five days a week makes 800 to 1,000 sales per day of coffee sales alone — adding up to $6,000-$15,000 per month or $72,000-$180,000 a year in net income.
Startup Costs for a Coffee Van/Truck
- Supplies & Equipment
The average price consumers are paying for a cup of coffee across all restaurant categories (quick and full service) is $2.99, up 8 cents from last year, according to market research firm NPD Group.
Revenue Potential of a Coffee Van Business
Based on our survey of 223 full-time food truck owners, over 50% report generating at least $150,000 in revenue per year. Coffee van owners can expect similar revenues if the business is operated full-time and establishes name recognition locally.
Tips for a Successful Coffee Van Business
Your van can make an excellent weekly income by creating a regular ‘run’, visiting industrial estates and business parks, serving coffee and food to employees. Conduct detailed market research on potential target areas to operate in to maximize profit potential.
Conclusion
In conclusion, coffee vans offer a lucrative business opportunity with potential for high profits. Additionally, the coffee industry’s growth and demand make it a viable and rewarding investment for entrepreneurs and coffee lovers alike.