Should I take the brick and mortar spot or keep the truck another year?
me (38F), single mom, run a food truck five days a week. a spot opened on the main strip, 900 square feet, three year lease. the rent is more than i clear some months and i'd have to hire two people minimum. the truck is paid off. i own it outright. bad week, i just don't go out. i've had bad weeks. i also can't grow past this, i'm turning down catering because i can't prep enough out of the truck and my kid does homework in the passenger seat most afternoons. my accountant says the numbers work if i hit 60% of projection. my mother says take it. my ex says it's a mistake and he's said that about everything i've done that worked. signing means i can't just have a bad week anymore.
What People Are Saying
i signed a lease in a small town in 2019 and i'm still here, so take this how you want. the thing nobody tells you is the lease doesn't care about your kid's school schedule.
60% of projection is the number people say when they haven't stress tested it. ask what happens at 40.
you're turning down catering. that's revenue you already found and can't serve. that's the whole answer honestly
Owning your truck outright is worth more than people your age tend to think. Debt changes what you're able to say no to.
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@priyac_eats+88
middle path — can you rent a commissary kitchen for prep and take the catering without the lease? gets you the growth without the three year handcuff
@carlas_foodtruck
okay the commissary thing i had genuinely not considered and now i'm annoyed about it. looking into it monday