Mobile Food Truck Financial Projections Template

Order and download our food truck financial projections template. Enter your business data and assumptions into our ready-to-use, CPA prepared Excel file and get a food truck sales forecast, financial predictions and more. Start using ProjectionHub's food truck business plan template and cost spreadsheet today.

How it works?

Our CPA developed template enables you to create professional projections based on your unique assumptions.

Create investor- and lender-ready projections in hours, not days.

Our CPA developed template enables you to create professional projections based on your unique assumptions.

Create investor- and lender-ready projections in hours, not days.

Built for food trucks specifically  — our ProjectionHub tool has been used by over 40,000 businesses to develop financial projections. With this financial forecasting experience we created a food truck specific financial model that makes the forecasting process fast and simple.

How it works?

Watch a demo of the template

Save time & money - get organized with our template!

Get a Food Truck template now for $49

BUY

The template price: $

49

USD

100% money-back guarantee if you are not satisfied.

Step 1: Purchase and download the template

After purchase, you will download an unlocked Excel file with a ready-to-usefinancial projection template for your business model

Get the template

Step 2: Enter your assumptions on the input tabs

Food Truck Sales Forecast

  • The revenue model section helps you project your revenue and cost of goods sold (direct food and direct labor costs) for up to five years by helping you plan out your food truck’s schedule. ​The model looks at three possible types of bookings: street food, catering (i.e. weddings), and venue booking (i.e. state fairs). From there, the model estimates revenue based on the appropriate model. ​When you input your food costs and employee needs, your cost of goods sold will be calculated and updated on the financial statements. 

Food Truck Operating Expenses Tab

  • The model will guide you through entering your operating expenses, which will include some standard industry expenses and amounts to help you get started on the right foot. ​ You can enter your monthly expenses as either fixed amounts or you can set them as a percentage of revenue for variable items like Point-of-sale fees, parking and registration fees for events etc. 

Food Truck General Financial Assumptions

  • The general assumptions tab will allow you to enter balance sheet items such as the food truck itself, vehicle and equipment loans, any investments, and inventory. The model will automatically calculate things like loan amortization, interest expense, food truck depreciation expense, and inventory purchases. 

Food Truck Salaries and Owner’s Draw

  • The salaries tab allows you to model any salaried positions for your food truck and owner’s draws along with other employer expenses, including employer taxes and benefits. You can also determine how much you can actually afford to pay yourself as an owner.

Step 3: The model is automatically updated based on your assumptions

Food Truck Financial Snapshot

The financial summary tab shows you a financial snapshot in the form of graphs, charts, ratios, and financial summaries that will fit perfectly into a business plan. 

Food Truck Projected Financial Statements

Our pro forma financial statements include an annual and monthly balance sheet, cash flow statement and income statement for up to 5 years for your food truck. 

Investor Friendly Report

Our Food Truck template takes all of your unique inputs and displays them in a highly effective way perfect for investors to make clear decisions. Investors can even modify assumptions in order to play with variables that may impact investment decisions and improve their confidence.

Tables, charts, graphs and dashboards include:

Tables, charts, graphs and dashboards include:

  • Profit and loss at a glance table
  • Use of start-up funds graph
  • Key ratios table
  • ​Cash generated from operating activities graph
  • 5 years of monthly and annual income statement, cash flow and balance sheet reports
  • Profit and loss at a glance table

  • Use of start-up funds graph

  • Key ratios table

  • ​Cash generated from operating activities graph

  • Investor dashboard

  • 5 years of monthly and annual income statement, cash flow and balance sheet reports

Step 4: If you need help, we're here

We can fill out or modify any of the templates we sell, and we’re always happy to answer questions.

When you call us, you can speak directly to the developers of the model, not a call center or customer service representative.

Contact us in the most convenient way for you. We're here to help you

If the model doesn’t work for you, we’re happy to provide a refund.

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The ProjectionHub Team

Grace Cisna, CPA

Before joining ProjectionHub, Grace served as an auditor for a public accounting firm in Indianapolis. There, she audited start-up tech companies, major regional hospitals, public manufacturers and everything in between.

As an auditor, she gained insinullght to the inner workings of all kinds of business models. Grace is a CPA, has a bachelor’s degrees in Accounting and French and a Master’s of Accountancy all from the University of Iowa, where she also taught introductory accounting classes to undergraduates.

Grace loves to use her accounting expertise to serve as an advisor to her clients, helping them understand what it takes to make a business succeed.

Adam Hoeksema — Co-founder ProjectionHub

Adam is the co-founder of ProjectionHub which is a SaaS web application that helps entrepreneurs create financial projections for their business.

Since 2012, over 40,000 entrepreneurs from around the world have used ProjectionHub to help create financial projections.

Adam also serves as the Executive Director of Bankable. Bankable is a Small Business Administration (SBA) lender that makes loans from $500 to $250,000 to Indiana small businesses that are unable to secure financing from a traditional bank.

Adam has managed the loan program since loan #1 in 2010. Since 2010, Bankable has closed over 1,200 loans totaling over $38,000,000. Adam is an entrepreneur at heart and loves working with entrepreneurs to launch and grow their business.

What others have to say about our templates

We are available to help you complete your projections

Troubleshoot

We'll answer your questions about how the template works

Customize

We'll help you customize your template, add a cafe, bookstore, or brewery to your coffee shop

Frequently Asked Questions

Are food trucks profitable?

Yes.  The average food truck can expect a 5% to 10% profit margin.  Your specific operating income depends on many factors that our food truck financial projection template can help you organize and visualize your projected profitability. 

Is the food truck business growing?

According to IBISworld, the food truck industry has experienced a 7.5% annual growth rate over the past 5 years (2015 - 2020).  The industry is expected to continue to see growth over the next several years.  

What is the average revenue for a food truck?

The average revenue for a food truck is between $250,000 and $500,000; however, your specific revenue projections should be developed based on the specific business plan you have for your food truck.  So many factors like geographic location, seasonality, hours of operation, etc can all impact your projected revenue.  Our food truck financial model can help you project your expected revenue based on your specific plan. 

How many customers do food trucks get per day?

The number of customers your food truck will serve per day depends on your location, hours of operation and speed.  Our financial projection template can help you project what your food truck’s capacity will be based on how many customers you can serve per hour.  You may find that you can only collect payment and serve one customer every 2 minutes which will determine your order capacity. 

Are food trucks a good investment?

A food truck can be a good investment.  With the average startup cost of a food truck at approximately $55,000, and a 10% net operating income on $500,000 in annual sales, a successful food truck can breakeven on your initial investment within the first 12 months in business.  

How much money can a food truck make in a day?

A food truck could make up to $4,000 per day, or even more in rare circumstances.  If you assume that your average order is $15 and you can serve 30 customers per hour for an 8 hour day, you would generate $3,600 in daily sales.  In order to do more than this,  you would likely need multiple point of sale systems to take multiple orders and payments simultaneously.   


The cost of the template is estimated at $ 2000

If you hired a CPA to build this template from scratch it would take at least 20 hours of billable time to build a similar template. At an average hourly rate of $100 per hour it would cost you $2,000.

20 hours X $100 = $2,000 value

But we've already done all the work and you don't need to hire a CPA

Save time & money - get organized with our template!

Get a Food Truck template now for $49

BUY

The template price: $

49

USD

100% money-back guarantee if you are not satisfied.

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