StrEATS Food Truck Festival
Food trucks at the StrEATS festival.
April 10, 2017
The StrEATS Gourmet Food Truck and Music Festival was held in Downtown Frisco on Sunday, with attractions including tasty treats from about 20 of DFW’s most popular gourmet food trucks, live music, local vendors and fun for kids in the Children’s Area.
This festival is a vindication of the increasing popularity of food trucks across the nation. According to Food Truck HQ, the food truck industry has been in continuous growth and in the past five years alone, it has grown by 12.4 percent. The highest percentage of revenue is generated from random roadside locations and street corners, making up 55 percent of the total revenue.
This popularity owes much to the fact that trucks are a convenient and quick way for people to get a bite to eat without having to wait a long time, making them especially suitable for those of us with busy lives. Just pay, grab something and walk away.
Food trucks can provide a variety of cuisines including Italian, Chinese, Asian, and of course fast food, all of which were offered at Sunday’s festival. You get an all in one dining experience without having to rush to multiple places. In addition, the average meal ordered at food trucks costs about $12.40, less than a usual restaurant dine-in.
The current $650 million revenue estimate by food trucks, will be hitting about $2.7 billion by the end of 2017, an almost four times increase. This hike has made it one of the best revenue generating segments in the overall food industry, currently producing $1.2 billion per year from 4,130 food trucks all over the United States.
Check out some more pictures from the festival:
