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Food Truck Financial Model   Excel template (XLSX)
$45.00

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Food Truck Financial Model (Excel XLSX)

File Type: Excel template (XLSX)

$45.00
This financial model was crafted by a Financial Modeler and Accountant with over 10+ years of global experience. He has served 750+ clients, from small family offices to billion-dollar corporations, across a multitude of industries.
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DESCRIPTION

This product (Food Truck Financial Model) is an Excel template (XLSX), which you can download immediately upon purchase.

Starting your own food truck has its perks. Flexibility to set your own hours, low startup costs, mobility, branding, close interaction with customers, and creativity are all things that come along with this kind of business. It is not as capital intensive nor involve the overhead you see with starting a restaurant, but still allows for much of the benefits for a business owner that wants to deliver great food for customers.

Recently updated to include a 3-statement model and cap table. Starting up a food truck requires some financial planning, modeling, and assumptions about potential revenues, growth, and costs.

This is one of the only top-down models I have done. Technically it is a hybrid because of how revenue configurations are, but the expenses are nearly all top-down, meaning most of the expenses are defined as a percentage of revenue. The template goes out for up to 10 years and is annual-only.

The start year can easily be changed. For revenue, the user can define expected sales based on three periods (two growth periods and then a final stabilized period).

These assumptions let the user define the following in each period:

•  Avg. Daily Sales
•  Avg. $ Sale
•  Avg. Working Days per Month
•  Range of period (in years)

Variable Costs (percentage of total revenue) include:

•  Food
•  Labor
•  Other (gas/licenses/insurance/etc..)

There is a schedule of initial one-time startup costs such as:

•  Food Truck + Wrap & Equipment
•  Initial Product Inventory
•  Permits and Licenses
•  Website
•  Facebook / Twitter
•  Register / POS
•  Uniforms / T-Shirts
•  Paper Products (Plates / Napkins, etc.)
•  Misc. Expenses (Like a Chalk Menu)
•  Small wares: Pots, Pans, etc.
•  Fire Extinguisher

Part of the startup costs can be financed through traditional debt and the resulting debt service and remaining equity required populate accordingly.

A final return summary shows a cumulative cash flow and annual cash flow per period as well as the IRR, DCF Analysis and NPV, and ROI. In general this is one of the more simple templates to follow and should be intuitive for the average food truck startup.

Got a question about the product? Email us at support@flevy.com or ask the author directly by using the "Ask the Author a Question" form. If you cannot view the preview above this document description, go here to view the large preview instead.

Source: Best Practices in Integrated Financial Model, Restaurant Industry Excel: Food Truck Financial Model Excel (XLSX) Spreadsheet, Jason Varner | SmartHelping


$45.00
This financial model was crafted by a Financial Modeler and Accountant with over 10+ years of global experience. He has served 750+ clients, from small family offices to billion-dollar corporations, across a multitude of industries.
Add to Cart
  

OVERVIEW

File Type: Excel xlsx (XLSX)
File Size: 242 KB

ABOUT THE AUTHOR

Additional documents from author: 159

I graduated in 2011 with a Bachelors degree in Accounting. From there, I worked at a few small businesses doing financial reporting and some bookkeeping. After a few years of that, I started doing freelance financial consulting work on Elance and Upwork.

After over 400 jobs completed with a 100% success rate, I now run my own modeling/consulting practice and continue to build new financial models every few weeks. [read more]

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