An ice cream business can appear to be one of the most lucrative business opportunities around with a low investment. With the increasing amount of people looking to start online businesses as opposed to offline, it’s understandable that many hands on businesses are being overlooked. But much like coffee vans, ice cream trucks are a cheap way to start your first business.
The thing is, people will always buy ice cream. Even if they have the best ice cream maker at home, they’ll still buy ice cream when they’re out, whether it’s for their family or themselves. Everyone knows that you can’t get the same quality of ice cream when you’re making it yourself compared to when you purchase it from a store.
Before you get started on your first ice cream business, here are a few tips to take into account that might help you out later down the line.
5 Tips Before Starting your own Ice Cream Trailer Business
1. Have $10k+ before you start
It might seem like a good idea to try and scrape together enough money to start an ice cream business, but if you don’t have back up funds, then things can all go pear shaped very easily. $10k is the minimum you should have to start your ice cream business, but the reality is that you should have much much more than that. So, it could be worth working for a little longer and saving up some extra cash.
2. Specialise in one thing
Although you don’t have to, it’s a good idea to specialise in one area of ice cream. Whether that be gelato, sorbet or any other type of ice cream, specialising in one area can be a good idea to help gain attention and let people know you’re an expert.
3. Don’t franchise unless you have money to burn
Unless you have a ton of money ready to invest into your business, it’s really not worth franchising at cheap costs. Unless you’re going to opt for franchising with a big brand name like Ben and Jerry’s, then it’s generally not worth entering into a franchise partnership.
4. Make sure you get the right supplier and equipment
If you’re going to do it, do it properly. This means ensuring that you get the right supplier and the right equipment for your ice cream truck. Ice cream machines are available a plenty and there’s a lot of decent deals around, and remember you don’t need to purchase one brand new if you can avoid it.
5. Make sure you have a good route!
One of the keys to success with ice cream businesses is ensuring a steady flow of customers to the van itself. The best way to do this is ensure you get a decent spot or route. This will be pivotal to your success, so make sure you do your research beforehand (which includes asking other ice cream truck drivers and people in the area).
These are just some of the tips you’ll want to consider if you’re going to start your own ice cream truck business. Of course, ensure you do your research and everything should be fine.