Are you looking for a business idea that is relatively easy to start with good earning potential? If yes, you can surely consider box truck business ideas with decent earning potential. Though the trucking industry is competitive, the ever-increasing E-Commerce industry has made it quite popular and lucrative.
Box trucks commercial vehicles that always remain in high demand. Applying your creativity and imagination can make a decent income with a box truck. We have compiled a list of 13 box truck-related business ideas that you can consider.
What is a Box Truck?
A box truck is a commercial vehicle that has a box-like or rectangular cargo area at its back. This cargo area is separate from the driver’s cab and provides a secure and weatherproof space for transporting goods.
A box truck comes with a rear cargo door or multiple doors on the back, that allows for easy loading and unloading of items.
A box truck protects goods from weather conditions, enhances security due to the enclosed cargo area, and can accommodate a wide range of cargo sizes and types. They can transport significant volumes of goods.
Why you should start Box Truck Business?
There has been a steady increase in the use of medium-duty trucks like box trucks, as opposed to 18-wheelers, due to greater demand for shorter-distance deliveries.
This is a huge business opportunity for aspiring entrepreneurs in the trucking industry space. Here are a few U.S. trucking industry facts.
| Few Interesting Trucking Industry Statistics (U.S.) | |
| The Market Size of the General Freight Trucking Industry (2022) | $91.4 billion |
| Growth Rate of the General Freight Trucking Industry (2022) | 9.8% |
| The U.S. freight by weight moved by trucks (2021) | 72.5% |
| The employed truck drivers in the. the U.S. (2021) | 3.5 million approx. |
| Truckers as owner-operators (2022) | 10% of all truckers |
| Registered trucking companies in the U.S (June 2022) | 1.97 million |
| Number of Commercial Trucks (2022) | 41 million |
Best Box Truck Ideas That Make Good Money
You will surely love to know these box truck business ideas that we have compiled below
1. Provide Moving Services
Providing moving services presents lucrative opportunities for a box truck owner as there is a high demand from office owners, and residential customers both. You can offer various services like packing, unpacking, loading, cleaning, transportation, and meticulous arrangement of items at the new location.
You have to identify the potential customers who are moving homes or offices and recruit packers based on the scope of work. make sure that you transport the goods to the destination safely.
Network with organizations that are directly or indirectly connected to your business-like property owners, shopkeepers, etc.
In 2022, the moving industry market size, measured by revenue was $ 22.5 billion and showed a growth of 10.5%.
2. Start a Food Truck
Food truck is one of the evergreen business for aspiring entrepreneurs who want to make money in the food industry. If you have a dream of opening a restaurant in the future a food truck will provide that necessary experience and platform. You will get a real insight of the food business.
A food truck provides a range of meal options served from a mobile kitchen within a spacious vehicle. To succeed in this business the strategic location and the right menu that resonates with the locality is a must.
Before you venture into this segment make thorough market research on the trends, your competitors, licenses permit required, menu, and costs. You must be aggressive in your marketing campaigns.
In 2021, the U.S. food truck services market size was valued at $1.16 billion and is expected to expand at a CAGR of 6.4% from 2022 to 2030.
There is a rising demand among youth for novel dining experiences over traditional dining in brick-and-mortar restaurants. Another factor for the rising popularity of food trucks is the mobile lifestyle of the people.
3. Start a Logistics Business
Logistics business is another in-demand business opportunity related to box trucks, it is evergreen in nature and rewarding too. Logistics businesses are an important part of the supply chain and specialize in the transportation and storage of essential components for reliable delivery of goods.
As a business owner, you can connect manufacturers with storage warehouses and transportation companies, and receive commission for the delivery of goods. Initially, you can start with one box truck and when the business grows you can have more box trucks and employees.
The logistics market in the U.S. is among the leading logistics markets in the world.
A logistics company provides services like door-to-door delivery, inventory management, packaging, and cross-docking. The logistics sector is growing rapidly because of the growth of e-commerce. Secondly, end-use industries and manufacturers generally lack the internal control needed for addressing issues related to logistics.
4. Start a Truck Rental Business
A box truck rental business is of lucrative nature. There are two ways you can start your box truck rental business. Firstly, invest in one box truck and partner with motor leasing company and service the customers through them. Secondly, if you have enough capital you can purchase a fleet of trucks and start your own truck rental enterprise. But second option requires aggressive marketing of your services to start-ups and small-scale businesses.
Businesses opt renting a truck over owning them especially when the use of truck is infrequent and also this reduces operating expenses. The truck rental services are majorly utilized for purposes such as moving, logistics, delivery services, construction projects, and more.
In 2022, the U.S. truck Rental industry market size, measured by revenue, was $31.6 billion and the growth rate was 5.7%.
5. Advertise with your Box Truck
The box truck advertising business utilizes box trucks as moving canvases to nice advertisements, promotional messages, and logos. Box trucks offer a unique and effective way for companies because they have a large surface area and visibility on the roads.
The business involves leasing advertising space to companies that want innovative marketing solutions. As the truck covers various locations, mobile advertising can make a lasting impression and generate awareness amongst a large number of people.
The advertising business is a way of diversifying your income. This is done simultaneously along with other businesses related to box truck businesses like transportation, hauling, and renting.
Truck advertising is a cost-effective mode of advertising as compared to many other forms of marketing which are not only time-consuming but require a relatively big budget.
6. Courier Service
A courier service is a high-quality solution that collects and delivers shipments within the shortest possible time, very efficiently. A courier service serves a wide range of clients, including individuals, e-commerce stores, banks, hospitals, law offices, banks, and more.
A courier company charges a rate for the package based upon the weight of the package and urgency of delivery of the package. Courier services are recognized for their security, swift delivery, speed, and tracking features.
If you plan to start a courier service, you can commence by working as a delivery driver and collaborate with self-employed drivers to handle customer orders. As the business expands, you can invest in delivery vans to accommodate larger or bulkier shipments.
You should have excellent time management skills. If you are thinking of a business in box truck space this is an excellent low-cost opportunity with good earning potential.
The market size of the Couriers & Local Delivery Services industry in the US in 2022 was $151.6 billion with a growth rate of 4.6%.
7. Waste Hauling Business
This is another low-cost start-up opportunity in the trucking industry. A Box truck contractor will never have a shortage of customers who need their junk hauled away.
You can have a steady stream of income by becoming Box truck contractors in the hauling services. People often need hauling services be it disposing of old furniture during a move or removing obsolete equipment, the demand remains high. People also require a box truck to transport items from their garage or storage unit.
8. Provide Storage Services
If you have a large box truck, then you could start a business that provides storage services to individuals and businesses in need of temporary or mobile storage options. Customers can use the storage facility to securely store their belongings or inventory.
You can offer storage facilities for various residential moves, commercial storage, event logistics, and more. The box truck storage services are particularly useful to those requiring temporary storage during relocations, events, or renovation projects or events.
9. Start a Food Delivery Business
This is one of the most profitable and lucrative business ideas. Food delivery is a big business. The food delivery business facilitates the delivery of restaurant meals to customers’ doorsteps. In today’s fast-paced world, many individuals prefer convenience over cooking and frequently order food from local restaurants and enjoy meals at home.
You can provide retail food delivery services to well-known restaurants in your local area. Customers place orders through the website or the app and the restaurant owners contact you to handle the delivery. In this business model, you act as a bridge between restaurants and their customers making it sure that the food is delivered safely and on time.
In 2022, the United States online food delivery market size was valued at $22.59 billion. The market is further expected to grow at a CAGR of 10.5% between 2023 and 2028 to reach a value of almost USD 41.15 billion by 2028.
10. Start Mobile Hair Salon
Mobile salons are a great business idea. You can have your own mobile hair salon using a box truck. As a beginner, you can lease a truck that has been outfitted with all of the necessary equipment. This would include items such as mirrors, countertops, sinks, storage cabinets, etc. You need to stock the truck with all other required supplies such as conditioner, towels, hairdryers, and more.
Not everyone has enough time to go to a hair studio for hairstyling tasks. Hairstylists know this. It’s one of the reasons they’re taking their show on the road and becoming mobile salon owners. Mobile hairstyling is one of the fastest-growing industries in the United States. It is an attractive industry to be in.
11. Start a Furniture Delivery & assembling Business
When new home buyers purchase furniture online, they look for a handy person to help with the delivery and assembly. This is where you can fill the gap. To succeed in this business partner with furniture manufacturers and become their local agent.
To start a furniture delivery and assembly business, partner with furniture manufacturers and become their local agent. For every order, they send, request to be the delivery and assembly partner.
There is an increased demand for furniture delivery because of increased e-commerce stores. Other factors that are fuelling the growth are technological advancements, fast and free shipping options to the customers by furniture owners, more cash and carry options to the customers, etc.
12. Event Catering Services
This is an innovative business idea related to box truck that has a mobile approach to providing food services for events, parties, and special occasions.
A converted box truck serves as a fully equipped kitchen on wheels and can cater to both indoor and outdoor events. The flexibility of box truck kitchen allows it to bring the food directly to the event venue, and makes it sure that the meals are served fresh for guests.
13. Start a Transportation Service
This is a evergreen business opportunity and rewarding too. In transpiration segment you can offer various services like freight hauling, product shipping, ridesharing, and many more. You can offer your services to individual passengers, businesses, and global partners.
Before you start your transportation service research the market well and know who are your competitors, how you will differentiate your services, your target audience, license and permits required, etc.
Frequently Asked questions
1. Is it worth to start a Box Truck Business?
Box trucks are versatile in nature: Box trucks can transport various types of goods domestic as well as industrial.
Cost-effective: Box trucks have lower operational costs compared to larger commercial trucks.
Always in demand: There is always a need for box trucks for various tasks.
Good earning potential: Box truck services earn well.
2. Is owning a box truck a profitable business?
Yes, owning a box truck is a profitable business. Even today, the bulk of commercial transportation takes place via roads. In the United States, about 70% of products get delivered by trucks.
Therefore, starting a box truck company is a lucrative idea. Some people make less money than others with their own box truck business, but opportunities are surely there.