Ease of set-up, low capital requirement, and high chances of success are making food carts the business of choice of many aspiring entrepreneurs. It’s also cheaper and easier to put up than restaurants.
In fact, even big fast-food chains are using food carts for their events or promotions. Another reason is that depending on your target market and marketing strategy, you can make a food cart either mobile or stationary. There’s also no industry standard for cart size, material requirements, and design, although food carts must use certain basic food-service safety materials.
Industry estimates show that the country’s different food cart formats – from pearl shakes, baked goods, siomai, fish ball, squid ball, to rice in a box-rake in more than P1 billion in sales every year.
For those would-be entrepreneur who want to “test the waters”, as the saying goes, particularly in food cart business, you can do so without risking too much money. Yes, there are several factors to consider to be successful in this field, but the most basic are: hardwork, patience, and interest, and the rest will follow. Of course, there’s no 100% guarantee even if you apply all those factors, but at least the failure is greatly minimized.
Now if you’re willing to risk your P40,000 with a possible ROI of 6 months or less, you can consider getting a food cart business package with popular and fast selling street foods like dimsums, fruit shakes, hotdogs, pancakes, burgers, tacos, fries, shawarma, rice toppings, and the likes.
A foodcart company is offering a food cart package under P40,000, inclusive of cart with signage, equipments and initial supplies. You can visit the site here for full details.