Food Trucks Financing Made Simple

Financial solutions from Al Hail ORIX Finance PSC in cooperation with Roundup

Food Truck Division and Association

54° East is pioneering “Food Trucks” services in this region. This relatively low cost of entry as compared to starting a restaurant combined with free low cost ways to market them has become a wildly popular and important part of the hospitality industry. At 54°East, we are dedicated to Feeding Your Lifestyle!

Sold more than 30 Roundup Food Trucks to other F&B operators Delivered EBIDTA margins of above 40% outperforming its peer group Generates stable revenue stream from a “lock in” customer base.

Key Features

Flexible terms & conditions

Loans available from 12- 48 months

Finance option for individuals and businesses

UAE nationals / UAE residents

Quick processing

Insurance included in the finance

Requirements & Criteria (Retail)

Employee

  • Passport, Visa and Emirates ID copy of applicant
  • Salary certificate and NOC from employer
  • 1 year minimum employment
  • Salary transfer bank statements
  • Food Truck business plan including projections

Business

  • Passport, Visa and Emirates ID copy of all shareholders
  • Trade License, MOA and all relevant legal documents
  • Audited financials and Bank statements
  • Food Truck business plan including
  • Corporate business profile

Food Truck Finance Repayments Schedule

Typical monthly repayments based on the average cost of the Food Truck and the tenure of the loan*

Food Truck Cost ** 1 year 2 year 3 year

 

4 year
500,000 31,097 16,476 11,625

 

9,390

*The above mentioned calculations are only for illustrative purpose and subject to Al Hail Orix Finance PSC approval.

** The cost of Food Truck is exclusive of insurance cost and a minimum 30% down payment is applicable. Terms & conditions apply

Food Trucks as a Business

Food Trucks cost much less to start and run than a traditional brick-and-mortar restaurant. They can also quickly and easily test new concepts, menus and recipes. They are tightly focused on their customers providing instant insights into menu and food preferences. They can test new products real-time with daily menus. Using social media and geo-location tools, they broadcast new food concepts. These trends, coupled with their low cost and flexible business model, will drive food trucks to continued success!

Business Principles

  • Manage a strong and unique brand mix
  • Generate top quartile industry profits
  • Develop superior operation & marketing management
  • Employ highly proficient and regularly trained employees
  • Deliver best in class food and beverage concepts
  • Implement successful CSR across all its operations