Unique Selling Point First of all, provide insanely good coffee to your customers.
Menu Your menu determines the costing of the business. It also decides the targeted customers. When it comes to planning your menu, take serious consideration and start asking yourself questions like:
- What makes you stand out from the crowd?
- What do you have that competitors don't?
- What will be your signature coffee or snack be?
- What will get your customers excited about?
- Why will the customers go all the way out to hunt for your coffee truck?
- What will make your customers coming back over and over again?
Do some market analysis in the area you plan to step foot in and ask:
- What is other coffee truck selling that you like?- What could you do to serve better / have a better product?- What are the customers experiencing and like about competitors' product?
CostingIt may range from RM80,000 to RM150,000 depending on the budget.
Truck RelatedQtyUnitTotal (RM)
Hino Truck180,00080,000
5KVA Generator15,0005,000
Electrical12,0002,000
Plumbing11,5001,500
Kitchen Cabinet15,0005,000
Coffee Machine 120,00020,000
Ventilation1500500
Ice box1100100
Solar Panel1500500
High chairs3100300
Speaker1100100
Menu Board2100200
Coffee Tools11,0001,000
POS System11,0001,000
Estimation116,200
ExpensesQtyUnitTotal (RM)
Fuel1300300
Maintenance1800800
Mobile Truck License11010
Sole Proprietorship License16060
GDL License1500500
Water 1100100
Eletricity1150150
Salary 12,0002,000
Estimation1,770
Disposable QtyUnitTotal (RM)
8oz double wall paper cup10000.23230
10oz plastic cup with cover10000.30300
Sugar 51050
Fresh Milk 51050
Coffee beans550250
Ice5525
Utensils / Stationaries5100500
Estimation1,405
Right PriceOnce the costing above is done according to what you need,
Have a Credit Card serviceHaving not only a POS system (Point Of Sale - where merchant issue receipt upon receiving payment for product purchase). Keep up with the technology and make transaction easier for customer. Moreover, it enables sales tracking and keeping record for your business.
Research
Planning does not stop. It is an on-going process of before, during and post. It is to make sure that you stay above your game, knowing the trend, maintaining loyal and new customers.