Award Winng Food Truck

Asking Price$300,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$400,000

InventoryNot Disclosed

FF&E$90,000
Included in asking price
Real EstateNot Disclosed

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Award Winng Food Truck


Asking Price$300,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$400,000

InventoryNot Disclosed

FF&E$90,000
Included in asking price
Real EstateNot Disclosed

Business Description
Award-Winning Korean BBQ Food Truck - Established 2019

This highly successful Korean BBQ food truck operation presents an exceptional opportunity in the thriving Phoenix Metro, Arizona market. With $400,000+ in annual revenue and $160,000+ in seller's discretionary earnings, this profitable venture has established itself as a leader in the specialty food truck sector.

Business Highlights:
• Award-winning Korean BBQ cuisine with proven market appeal
• Winner of Best Food Truck by Phoenix Magazine's Readers Poll 2021, 2023 & 2024
• Winner of Best Korean Cuisine by Phoenix Magazine's Readers Poll 2021, 2022, 2023, 2024 & 2025 beating out restaurants like Gen Korean BBQ and Manna BBQ.
• Strong corporate client base including Carvana, State Farm, Amazon, and Mayo Clinics
• Secured weekly and monthly corporate lunch contracts extending into 2027
• Minimal competition with only one other active Korean BBQ food truck in the metro area
• Consistently profitable operations since establishment
• Significant growth potential with opportunities regularly turned down due to capacity

Financial Performance:
• Annual Revenue: $400,000+
• Cash Flow (SDE): $160,000+ (40% margin)
• FF&E Value: $90,000
• Inventory included in sale

Growth Opportunities:
The business regularly declines new bookings due to existing schedule capacity, presenting immediate expansion potential through a second truck operation. The established corporate relationships and proven cuisine concept provide a solid foundation for scaling operations.

Owner Support:
Comprehensive transition support included with all award-winning recipes, two weeks of hands-on training, and transfer of all existing bookings through 2027.

Location & Market:
Operating in Maricopa and Pinal Counties, serving the greater Phoenix metropolitan area's diverse and growing population.

Reason for Sale:
Owner is starting a new business venture in Juneau, Alaska.

This turnkey operation offers immediate profitability, established corporate relationships, and significant expansion potential for an ambitious buyer seeking entry into the lucrative food truck industry.
About the Business
Years in Operation
7
Employees
2 Full-time
1 for large caterings
Facilities & Assets
Includes custom built mobile kitchen trailer including 48" flattop griddle, 40lb fryer, commercial refrigerator, prep-cooler, 2 mini freezers, 3 bay sink, hand washing sink. Also include 2019 Ford F250 Super Duty 4WD truck.
Website
http://www.itsseoulgood.com
Market Outlook / Competition
Currently only 1 other active Korean BBQ food truck in the metro area. Scheduled for weekly/monthly corporate lunches with Carvana, State Farm, Amazon, Mayo Clinics as well as many more.
Opportunities for Growth
Consistently turning down new opportunities because of alrwady being scheduled so could easily bring out a second food truck to increase revenue.
About the Sale
Seller Motivation
Starting a new business in Juneau, AK
Transition Support
Will provide all award winning recipes as well as work with new owner for 2 weeks to show the process. Will also receive all bookings extending in to 2027
Listing Info
ID
2393428
Listing Views
27

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Business Listed by: Jerry Looker

Listing ID: 2393428 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.