Unique Food Truck Business

Home / Listing / Unique Food Truck Business

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

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.

 


Download Setup Sheet



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.




Arthur B. Kessler
Business Broker / M&A Advisor
100 Wilshire Boulevard
Santa Monica, CA 90401
Office: (310) 882-2200 ext 126
Direct: (310) 650-7900
Lic#: 01227004

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations