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Industry Info

Buying a Food Truck: Market Data

Due to the highly competitive landscape, buying a business in the food services industry may come with more risk than other industries. Just consider how many options are available for eating out. Buying a food truck can be a great way to get into the business with less capital at stake than brick and mortar businesses.

Median Food Truck Sales Price

The median sales price of a food truck is $99,500*. This is roughly half the median sales price of a restaurant business, and one-third the median price of a bar or pub.

Food Truck Valuation Multiples

If you are new to buying a business, you will quickly discover that the value of a small business - and consequently, its asking price - usually centers around industry multiples of revenue and cashflow.

Revenue Multiples. The average revenue multiple of food truck businesses is 0.91, which is on par with retail business in general, and just two points below the restaurant industry average of 0.93.

Cash Flow Multiples. The average cash flow multiple for food truck businesses is 1.41. For buyers, this may present additional ROI value compared to the broader restaurant industry multiple of 1.96.

*The above figures are based on the most recent full year of data (2021). Be sure to see the BizBuySell insight report and related data tables for more information on market trends and pricing information.