Free Food Truck Financial Plan Template
Projected Balance Sheet
|
DESCRIPTION
|
YEAR 1
|
YEAR 2
|
|
Cash
|
$180,000.00
|
$200,000.00
|
|
Other Assets
|
$140,000.00
|
$150,000.00
|
|
Total Assets
|
$320,000.00
|
$350,000.00
|
|
Accounts Payable
|
$80,000.00
|
$90,000.00
|
|
Other Liabilities
|
$40,000.00
|
$40,000.00
|
|
Total Liabilities
|
$120,000.00
|
$130,000.00
|
|
Equity Capital
|
$80,000.00
|
$80,000.00
|
|
Retained Earnings
|
$120,000.00
|
$140,000.00
|
|
Total Shareholder’s Equity
|
$200,000.00
|
$220,000.00
|
|
Total Liabilities & Shareholder’s Equity
|
$320,000.00
|
$350,000.00
|
Analysis
Based on the above financial tables, the projected startup cost amounts to $80,000.00, which is quite expensive. However, the $150,000.00 sales target within the first year of operation is achievable, provided that the company operates with four to six food trucks.
Strategy
The company will buy used kitchen equipment and trucks to minimize its startup cost. To increase its sales, it will conduct extensive marketing campaigns.
Blue Purple Desserts
Food Truck Financial Plan
Prepared for
[Amy Ballard]
Prepared by
[William Boyd]
william@bluepurpledesserts.com
April 26, 2026
|
DESCRIPTION
|
AMOUNT
|
PERCENTAGE
|
|
Truck purchase and remodel
|
$50,000.00
|
62.50%
|
|
Food Supplies and Equipment
|
$25,000.00
|
31.25%
|
|
Licenses and Permits
|
$1,000.00
|
1.25%
|
|
Other Expenses
|
$4,000.00
|
5.00%
|
|
Startup Fund Available
|
$0.00
|
0%
|
|
Total Startup Costs
|
$80,000.00
|
100%
|
Projected Profit & Loss Statement
|
DESCRIPTION
|
YEAR 1
|
YEAR 2
|
|
Sales
|
$150,000.00
|
$210,000.00
|
|
Cost of Sales
|
$30,000.00
|
$30,000.00
|
|
Gross Profit
|
$120,000.00
|
$180,000.00
|
|
Total Expenses
|
$30,000.00
|
$30,000.00 |
|
Net Profit (Loss)
|
$90,000.00
|
$150,000.00
|
Objectives
The primary objectives of this financial plan are as follows:
- Earn $150,000.00 sales on its first year of operation.
- Determine the startup cost of the business.
