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How Much Does an Ice Cream Truck Cost in Toronto? A Comprehensive Guide

Updated: Apr 28

Ice cream trucks are iconic symbols of summer and joy, bringing smiles to people of all ages with their sweet treats. If you're considering starting an ice cream truck business or renting one for an event in Toronto, understanding the costs involved is crucial. In this guide, we'll break down the various expenses associated with ice cream trucks, including purchasing or renting costs, operational expenses, and potential revenue streams. View our menu here!


1. Ice Cream Truck Purchase Costs


When starting an ice cream truck business, one of the primary considerations is the cost of acquiring the vehicle itself. Ice cream trucks come in various sizes and configurations, ranging from compact vans to larger trucks with built-in freezers and serving counters.

Ice cream truck Toronto: Purchasing a new ice cream truck in Toronto can cost anywhere from $50,000 to $100,000, depending on the size, equipment, and customization options.

Ice cream truck rental: If you're looking to rent an ice cream truck for a specific event in Toronto, expect to pay between $500 to $1,000 per day, depending on the duration and services included.



Close-up of a delicious ice cream cone with a variety of colorful scoops, sprinkles, and a wafer, set against a summer backdrop, tempting and refreshing.
Ice Cream Cone

2. Equipment and Inventory Costs


In addition to the initial purchase or rental price, you'll need to budget for equipment and inventory. This includes ice cream freezers, refrigeration units, serving equipment, cones, cups, spoons, napkins, and a variety of ice cream flavors and toppings.


Ice cream truck Toronto: Equipment costs for outfitting an ice cream truck in Toronto can range from $5,000 to $15,000, depending on the quality and quantity of equipment needed.


A basic ice cream machine can range from $10,000 CAD to $20,000 CAD.


Fridges for ice cream trucks range from $1500 CAD to $3000 CAD.


Slush Machines for ice cream trucks range from $5,000 CAD to $10,000 CAD.


Ice cream truck rental: Equipment costs are typically included in the rental price when you hire an ice cream truck for an event. However, you may need to cover additional expenses for special requests or customizations.



3. Licensing and Permits


Operating an ice cream truck in Toronto requires various licenses and permits to comply with local regulations. These include business licenses, health permits, vending permits, and food handler certifications. The costs of obtaining these licenses can vary depending on the city and the type of permits required. Obtaining a licence is mandatory to serve and operate the business within Canada.


Ice cream truck Toronto: Licensing and permit fees in Toronto can range from $500 to $2,000 annually, depending on the specific requirements and regulations.


Ice cream truck rental: When renting an ice cream truck for an event, the rental company is responsible for ensuring that all necessary licenses and permits are in place.



Stack of paperwork on a desk, neatly organized with folders, pens, and a laptop, symbolizing office work, organization, and productivity in a professional setting for ice cream truck company
Paper Work for Ice Cream Truck


4. Insurance Costs

Insurance is a critical aspect of operating an ice cream truck business to protect against liability, property damage, and other unforeseen events. The cost of insurance can vary based on factors such as the value of the vehicle, coverage limits, and the driver's record.

Ice cream truck Toronto: Insurance costs for an ice cream truck in Toronto can range from $2,000 to $5,000 per year, depending on the coverage options selected.


Ice cream truck rental: Insurance coverage is typically included in the rental agreement when you hire an ice cream truck for an event, but it's essential to verify this with the rental company.


5. Maintenance and Repairs

Like any vehicle, ice cream trucks require regular maintenance and occasional repairs to ensure optimal performance and safety. Budgeting for ongoing maintenance costs, such as oil changes, tire rotations, and engine inspections, is essential for the longevity of your ice cream truck.


Ice cream truck Toronto: Maintenance costs for an ice cream truck in Toronto can range from $1,000 to $3,000 per year, depending on the vehicle's age and condition.

Ice cream truck rental: Maintenance and repair costs are typically the responsibility of the rental company when you hire an ice cream truck for an event.



Finding the right mechanic for your ice cream truck is crucial. Look for one experienced with refrigeration and automotive electrical systems, ensuring they can handle the unique needs of your vehicle. Mobile services can also be beneficial, especially for on-the-go repairs and maintenance.
Mechanic For Ice Cream Truck


6. Fuel and Operational Expenses


Operating an ice cream truck involves fuel costs for driving to different locations and operational expenses such as electricity for freezers, water for cleaning, and marketing materials. These ongoing expenses should be factored into your budget to ensure profitability.


Ice cream truck Toronto: Fuel and operational expenses for an ice cream truck in Toronto can vary widely depending on the distance traveled, frequency of stops, and promotional activities.


Ice cream truck rental: Fuel and operational expenses are typically included in the rental price when you hire an ice cream truck for an event, but it's essential to clarify this with the rental company.



7. Revenue Potential and Profitability


While there are significant costs associated with owning or renting an ice cream truck, the potential for revenue and profitability is substantial. Ice cream trucks are popular at events, parks, beaches, and residential neighborhoods, attracting customers with their convenience and variety of frozen treats.


Ice cream truck Toronto: Depending on factors such as location, weather, marketing efforts, and menu offerings, an ice cream truck in Toronto can generate annual revenues ranging from $50,000 to $150,000 or more.


Ice cream truck rental: Renting an ice cream truck for events can be a lucrative venture, with potential earnings of $500 to $1,500 per day, depending on the event size and customer demand.


Conclusion


In conclusion, the cost of an ice cream truck in Toronto varies depending on whether you choose to purchase or rent, the size and equipment of the vehicle, licensing and insurance requirements, maintenance and operational expenses, and the potential revenue streams. If you are interested in renting an ice cream truck, you can contact us here to receive a free price quote. Conducting thorough research and creating a detailed business plan can help you assess the feasibility and profitability of starting or renting an ice cream truck business in Toronto.

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