Well-known profitable food truck with excellent locations and connections in highly desirable areas. This 7-year-old business offers outstanding ethnic cuisine that you can continue with or add your own recipes or change to a new food concept. Seller is an approved vendor with many well-known companies and locations. Truck is in great condition and looks terrific! It is equipped with a flat top, steam table, deep fryer, and oven pasta cooker. There is a mechanical fridge that was recently updated to 2017 standards. Service is done every few months.
Sale of business includes:
• Truck (Approx. Value $40,000)
• Street festivals that are already booked
• Portfolio of clients
• Catering equipment. (Approx. Value $4,000)
Seller is willing to train for 2 weeks, and would consider staying on as an employee for up to 6 months.
CA DRE# 01265612
About the Business
Well established brand in Southern CA
Growth & Expansion:
Can expand by adding more trucks and different markets
Asking Price: $118,000 Gross Revenue: $223,000Cash Flow: $60,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $44,000 included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
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
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