used food trucks for sale in new york

If you’re thinking about starting a mobile food business in New York, you’re in luck. The city has a vibrant food truck scene, and there are plenty of used food trucks for sale. In this article, we’ll discuss everything you need to know about buying a used food truck in New York.

Why Buy a Used Food Truck?

Buying a used food truck is a great way to save money when starting your mobile food business. New food trucks can cost upwards of $100,000, while used trucks can be purchased for as little as $20,000. Additionally, used food trucks have already been outfitted with the necessary equipment, so you won’t have to spend additional money on outfitting a new truck.

However, buying a used food truck does come with some risks. You’ll need to thoroughly inspect the truck to ensure that it’s in good condition and doesn’t have any major issues.

Source: bing.com

Where to Find Used Food Trucks for Sale in New York

There are several places where you can find used food trucks for sale in New York. One option is to look online. Websites like Craigslist and FoodTruckEmpire.com often have listings for used food trucks. You can also check with local food truck associations or food truck builders to see if they have any used trucks for sale.

Another option is to attend a food truck festival or event. Many food truck owners attend these events to showcase their trucks and food. You can take the opportunity to talk to some of the owners and see if they’re interested in selling their trucks.

What to Look for When Buying a Used Food Truck

When buying a used food truck, there are several things you’ll need to look for to ensure that you’re making a good purchase.

First, you’ll need to inspect the truck’s engine and transmission. Make sure that they’re in good condition and don’t have any major issues. You’ll also need to check the brakes, suspension, and tires to ensure that they’re in good working order.

Next, you’ll need to inspect the interior of the truck. Make sure that all of the equipment is in good condition and works properly. Check the refrigeration units, cooking equipment, and electrical systems.

You’ll also need to inspect the exterior of the truck. Look for any signs of rust or damage. Make sure that the truck is structurally sound and doesn’t have any major issues.

How to Finance a Used Food Truck

If you don’t have the cash on hand to purchase a used food truck outright, you’ll need to finance the purchase. There are several financing options available for food truck owners.

You can apply for a traditional business loan from a bank or credit union. However, these loans can be difficult to obtain, especially if you don’t have a strong credit history.

Another option is to apply for a specialized food truck loan. Companies like Lendio and Balboa Capital offer financing specifically for food truck owners.

You can also consider leasing a used food truck. Leasing can be a good option if you don’t have the cash for a down payment or if you’re not sure if you want to commit to owning a truck long-term.

Conclusion

Buying a used food truck can be a great way to start your mobile food business without breaking the bank. However, you’ll need to do your due diligence to ensure that you’re making a good purchase. Inspect the truck thoroughly and consider financing options if you don’t have the cash on hand.