Raised to Date: Raised: $49,888
Rolling Commitments ($USD)
And that’s where Best Food Trucks (BFT) is here to help! BFT is an all-in-one platform for both food truck owners and food truck customers. It helps owners manage lot bookings and regulatory filings, book events, and stay connected to their followers. For customers, it helps locate their favorite trucks in advance, pre-order their meal, and skip the line upon pick-up. It’s a one stop food truck shop.
Food trucks drove onto the foodie scene in 2008, and from Asian-fusion to tapas and tacos, they’ve been cooking strong. In 2015, there were over 4,000 food trucks active in the U.S., with an industry value of $856.7 million. Estimates put 2020’s revenue closer to $996 million. Add in food trucks’ popularity, with the fact that starting a food truck costs a fraction of what starting a restaurant does, and you realize those numbers will just keep growing.
Co-founders Kevin Davis and Matt Geller certainly know their startup and food truck stuff, too. Kevin previously founded Geekatoo, which was acquired for $20 million in 2016, and Matt is the Founding President of the National Food Truck Association. So far, they have 750 trucks utilizing BFT monthly, as well as mobile food vending associations in Philly, Atlanta, Houston, Dallas, and New Jersey committed to pushing the BFT platform to their members. Their revenue plan is based on customer and vendor subscriptions, and they expect to capture roughly $7,000/month in recurring revenue.
The bottom line is that BFT just might be the best future for best food truck dining. They’re working to keep it easy for you to have (and sell) your food truck cake - and eat it too.
“Who Should Be Interested in this Offering”
Have you ever craved that elusive grilled cheese food truck but couldn’t find it? Or, do you own a food truck and have a headache from juggling all the logistics? Well then, my foodie friends, Best Food Trucks is the investment you’ve been hankering after. From making it easy to find and order that special grilled cheese, to simplifying how and where you can sell it, investing in BFT will make your meals continue to burst with flavor....while helping your bank account burst with profit.