Streetfire Kitchens Business Plan — Appendix E: Glossary
Glossary of food truck, commissary, covers and financial terms used throughout the Streetfire Kitchens business plan.
Appendix E: Glossary
Jump to section
- Overview & contents
- i. Important Notice and Basis of Preparation
- 1. Executive Summary
- 2. The Operating Model
- 3. Licensing, Food Safety and Trading Rights
- 4. Market and Customers
- 5. SWOT and Competitive Position
- 6. Operations and Team
- 7. Financial Plan
- 8. Break-Even and Debt Service
- 9. Investment Analysis
- 10. Sensitivity and Scenario Analysis
- 11. Risk Analysis
- 12. Implementation Roadmap
- 13. Key Performance Indicators
- 14. Key Assumptions
- 15. Conclusion and Recommendation
- A. Appendix A: Consolidated Financial Summary
- B. Appendix B: Truck-Day and Trading Schedules
- C. Appendix C: Funding, Debt and Working Capital Schedules
- D. Appendix D: Risk Register
- E. Appendix E: Glossary
|
Term |
Meaning |
|---|---|
|
Certificate of Acceptability |
The food-handling licence required under Regulation R638 of 2018, issued by an Environmental Health Practitioner after inspection. For a truck it attaches to the vehicle registration number, and it is issued in the name of the Person in Charge rather than the company. |
|
Commissary |
The licensed preparation kitchen behind the fleet. It is what allows a truck to serve 145 covers in a market service, and it is the premises most of the compliance sits against. |
|
Contribution per truck-day |
Revenue less food, crew, pitch fee, running costs, packaging, waste and card fees for one truck on one day. R3 704 at the mid-plan mix; the unit on which break-even is calculated. |
|
Covers per service |
The number of people served in one service. The dominant driver in this business: a 15% movement swings mature EBITDA by R2 746 524. |
|
Effective trading days |
282 days a year on a six-day week, less 5.5% lost to weather, breakdown and cancellation, giving 266 per truck. |
|
Fixed-per-service costs |
Crew, pitch fee and running costs — R2 460 on a weekday street service, incurred the moment the truck opens regardless of how many people arrive. |
|
Person in Charge |
The individual legally responsible for food safety management, in whose name the Certificate of Acceptability is issued. The certificate does not automatically transfer when that person leaves. |
|
Pitch |
A place to trade, obtained through a municipal permit, a private site agreement or acceptance onto a market roster. None is permanent and none is transferable. |
|
Regulation R638 of 2018 |
The regulations governing general hygiene requirements for food premises, the transport of food and related matters, under which the Certificate of Acceptability is issued. |
|
Small Business Corporation rates |
The graduated South African tax rates applying to qualifying small companies, under which no tax falls in this projection because of assessed losses carried forward. |
|
Truck-day |
One truck trading for one day. The unit of account from which every number in this plan derives. |
|
Utilisation |
Truck-days traded divided by effective days available. 78% in Year 1 rising to 98% at maturity. |
Streetfire Kitchens (Pty) Ltd · Business Plan and Investment Proposal · August 2026 · Strictly Confidential