Should Food Trucks Take Credit or Cash Only? DATA Review

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BelCibo
Cheeseburger
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2013/08/16 15:08:51 (permalink)

Should Food Trucks Take Credit or Cash Only? DATA Review

Thought I would share some real world information on taking credit cards on a Food Truck vs. Cash only.
 
Here are our numbers since opening in April:
 
Cash Sales 73%
Credit Sales 27%
 
Average Cash Ticket: $6.44
Average Credit Ticket: $9.14

Credit Tip average 11%
Cash Tip average 6%  ( I count them, this is the real number)
 
Amex       1%
Discover  2%
Visa         75%
MC           22% 
 
** I removed all the $1 and $2 charges from both data sets.  Cash drink sales with no food items were dropping the cash sale ticket average down by $1.
 
**Our sandwich prices range from $4-6, premium sides are $4, Fries $3 or $2 with a sandwich, drinks $1
 
 
 
 
post edited by BelCibo - 2013/08/16 15:18:34
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