# Food Truck Profit Margin Percentage Calculator

Each type of product sold by a food truck has a gross profit margin which is the difference between the selling price and the cost of the products. This food truck profit margin percentage calculator provides a quick and easy method to estimate the weighted average gross margin generated by a food truck business.

The gross profit margin percentage generated by the calculator can be used in our Financial Projections Template for inclusion in a food truck business plan.

## Using the Food Truck Profit Margin Percentage Calculator

The Excel food truck profit margin calculator, available for download below, calculates the gross profit margin percentage for the food and drink products sold by the business, and then weights these in proportion to the sales mix of each product. The calculator is used by entering details as follows:

1. ### Enter Food Product Details

For each food product enter a description (e.g. sandwiches, crepes) , sales mix %, price, and cost. The sales mix % is the percentage that product is of the total sales of the business, not the percentage of food sales. The price of the product is the unit price at which the product is sold to customers excluding sales tax. The cost of the product is the unit cost of the product to the business.

The food truck profit margin percentage calculator works out the weighted average unit price, cost and gross profit margin percentage for food products.

2. ### Enter Drinks Product Details

For each drinks product enter a description (e.g. coffee, tea), sales mix %, price, and cost. The sales mix % is the percentage that product is of the total sales of the business, not the percentage of drinks sales. The price of the product is the unit price at which the product is sold to customers excluding sales tax. The cost of the product is the unit cost of the product to the business.

The profit margin percentage calculator works out the weighted average unit price, cost and gross profit margin percentage for drinks products.

3. ### Enter Other Product Details

The other products section is to allow for non food and drinks items to be included in the calculator. For each product enter a description (e.g. T shirts), sales mix %, price, and cost. The sales mix % is the percentage that product is of the total sales of the business, not the percentage of other sales. The price of the product is the unit price at which the product is sold to customers excluding sales tax. The cost of the product is the unit cost of the product to the business.

The food truck profit margin percentage calculator works out the weighted average unit price, cost and gross profit margin percentage for other products.

Finally the calculator calculates the weighted average unit price, cost, and the gross margin percentage for all products combined. The gross margin percentage calculated can be used in the financials projections template as an estimate of the gross margin percentage for the food truck business.