Hobby Car Malaysia Sdn Bhd

We provide leasing models to our operators. That means operators can own a truck without forking out the down payment, but only a monthly amount. We also charge them a monthly administration fee and quarterly maintenance fee as the trucks are sent back to us for maintenance plus inspection.

The food truck business in Malaysia showed rapid development in the past few years (https://ir.uitm.edu.my/id/eprint/66081/1/66081.pdf), especially in the local night market.

The night market is a favourite local food place not only in urban areas but also in villages. In Peninsula Malaysia alone, there are 9,755 villages (Source: https://www.theedgemarkets.com/article/my-say-pasar-malam-and-five-year-plans). Each village will have a small-scale night market with traders who have their own customised food trucks selling at the markets. The number of privately owned customized food trucks in urban areas is potentially higher corresponding to 2 factors - the extensive size of the night markets and special locations & places for food truck businesses such as “Tapak” at KLCC, Putrajaya, Cyberjaya and Bukit Bintang.

With the implementation of the guidelines by the Road Safety Department of Malaysia, all customised trucks be it food trucks or camper vans; as long as there is electrical wiring; will be required to be modified to adhere to the guidelines.

This gives us the opportunity to capture a huge market that will require modification to the food truck bodies. Due to the growing demand for food trucks among Malaysians, there will also be a growing need for trucks on top of what we already have in Malaysia.

We will be working closely with various organisations, bodies and associations in Malaysia where we will offer the leasing model food truck business opportunity to the members. As this model is a low investment with a decent return, it will be a beneficial business opportunity for the members and students.

FUTURE EXPANSION

The leasing model of customized trucks is one of the revenue channels. After the official launch and implementation of the guidelines nationwide by the Road Safety Department, Hobby Car will be preparing to tap into the customized truck market nationwide.

In 2017, Hobby Car in cooperation with the Fire & Rescue Department of Malaysia completed the guidelines governing food trucks in Malaysia to ensure the safety of food truck operators and customers.

After 4 years, the guidelines have been tabulated, accepted and approved by Road Safety Department Malaysia and were launched in February 2023.

In 2022, Hobby Car launched the truck customization service and started working with various brands to customize 200 food trucks following the guidelines created.