Description: Food trucks helped make street vending a $1.5 billion industry in the U.S. last year, according to research firm IBISWorld. Plenty of aspiring entrepreneurs are salivating. But getting a full-service food truck rolling can cost upwards of $100,000, says Howard Leonhardt, who recently launched a venture to sell food trikes and scooters for a fraction of that price.
Date: Mar 15, 2013
Questions for Discussions:
- What are the advantages of the scooter-based distribution system for allowing entry of entrepreneurial ventures?
- Is this business better suited for non-profit initiatives or can it work well as a traditional profit driven enterprise?
- What are some scooter-based food businesses that you think would be successful?