Background
| BizEx ID: | BizEx1478-AK |
|---|---|
| General Location: | Los Angeles, CA |
| Category: |
Food & Kindred Products Food Trucks |
| Years in Business: | 13 |
| Under Present Owner: | 13 |
| Hours of Operation: | varies |
| Owner Hours: | 35 hours per week |
| Training: | None |
| Organization Type: | C-Corp |
| Lease Expiration: | |
| Lease Options: | |
| Building Size: | |
| Employees: | 9 |
| Reason for Sale: | leaving State |
Financials
| Asking Price: | $1,500,000 |
|---|---|
| Down Payment: | Negotiable |
| Gross Sales: | $1,286,763 |
| Discretionary Cash Flow: | $580,972 |
| FF&E: | $337,885 |
| Inventory Included? | Yes |
| Inventory: | $1,000 |
| Min. Operating Capital: | $50,000 |
| Real Estate Available? | No |
| Rent: | |
| Payroll: | $45,000 |
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Gross Sales | $ 1,286,763 | $ 1,459 | $ 1,657,545 |
| Gross Profit | $ 1,107,995 | $ 1,106,266 | $ 1,237,260 |
| Disc. Earnings | $ 580,972 | $ 615,108 | $ 640,279 |
Description
** An SBA lender has advised that they can do an SBA loan provided the buyer qualifies**
The business operates two top-of-the-line food trucks featuring New York style food offerings like pastrami, corned beef briskit and turkey melts along with traditional favorites like burgers, fries and salads.
The business is focused on major events at major venues such as the Los Angeles Colloseum, Sofi Stadium and other major venues from Santa Barbara to San Diego and Ventura County to Palm Springs.
March through November major events all over Southern California are serviced by these unique food trucks.
The work is hard with long hours but the reward is substantial.
December through February is a time to relax and rejuvenate while Southern California goes through it's rainy season.
Culinary experience is not required but some food background may be helpful in securing an SBA loan..
There are no other food trucks like this duo in all of Southern California.
Bestfoodtrucks.com says these food trucks are among the best in the united States.
If you like dealing with people you will love this business.
Disclaimer: The information herein is furnished by the seller; BizEx has not verified this information and makes no representation or warranty as to its accuracy, completeness, or authenticity. Future earnings may differ from past earnings. Discretionary Earnings is defined as earnings before deducting interest, taxes, depreciation, and amortization, and adding Owners salary, benefits and non recurring expenses.
