food truck

also referred to as: food trucks

4 statements across 1 episodes · 2 bullish · 0 bearish · 2 people on the record · first statement Jun 4, 2018 by Nathan Latka · across every show →

Everything said about food truck, oldest first

Jun 4, 2018 bullish
Disclosure
Latka plans to invest $1 million into food trucks within 24 months
“Look, I'm probably going to put a million bucks into different food trucks over the next 24 months.”
Nathan Latka Jun 4, 2018 ▶ 18:12 1045 Tech CEO: I Sold for $20m! Guess what he's doing now...
Jun 4, 2018 neutral
Assertion Supported
Davis: Average food truck generates about $290,000 in annual gross revenue
“So like the average truck does about 290 K gross in a year.”
Kevin Davis Jun 4, 2018 ▶ 3:01 1045 Tech CEO: I Sold for $20m! Guess what he's doing now...
Jun 4, 2018 positive
Insight
Davis: Food trucks allow lean customer experimentation before opening brick-and-mortar restaurants
“So the nice thing about food trucks is you get kind of this experiment where you go around and you see where your customers are. You get to iterate, find success, and then take that to you know, brick and mortar.”
Kevin Davis Jun 4, 2018 ▶ 4:09 1045 Tech CEO: I Sold for $20m! Guess what he's doing now...
Jun 4, 2018 neutral
Assertion Supported
Davis: Food trucks cost $75,000 to start versus $250,000-$500,000 for restaurants
“Take a brick and mortar restaurant and you, if you get into that, it's, you know, maybe 250,000 or 500,000 and a multi-year lease just to really start a business. But with a food truck, you can do it on a fraction of the cost where, you know, maybe 75,000 gets…”
Kevin Davis Jun 4, 2018 ▶ 3:06 1045 Tech CEO: I Sold for $20m! Guess what he's doing now...
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