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: | $825,000 |
|---|---|
| Down Payment: | Negotiable |
| Gross Sales: | $886,134 |
| Discretionary Cash Flow: | $394,478 |
| 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 | $ 1,459,209 | $ 1,657,545 |
| Gross Profit | $ 1,107,995 | $ 1,106,266 | $ 1,237,260 |
| Disc. Earnings | $ 580,972 | $ 615,108 | $ 640,279 |
Description
Amazing Turn Key Opportunity! Jump into the great world of food trucks,
You can be the owner of one of the top performing food trucks in southern California, They don't operate on the streets. This is an event based business. These New York style cuisine trucks operate in some of the best venues in Southern California such as the LA Colosseum, Sofi stadium and many more. Trucks travel from San Diego to Santa Barbara, Ventura to Palm Springs.
This business offers flexibility and scalability. There is management in place and a full staff ready to go. The owners of this operation have been doing this for 14 years and are now relocating out of State. They will teach you everything you need to know about daily operations and continue to help you with scheduling. Don't miss out on this chance to get in on a Proven, Profitable and Turnkey business.
The business operates two top-of-the-line food trucks featuring New York style food offerings like pastrami, corned beef brisket and turkey melts along with traditional favorites like burgers, fries and salads.
Many events are already booked out to October 2026.
The World Cup and the Olympics are headed to Los Angeles and this business will have the opportunity to reap the financial benefits that come from serving both extended duration events.
Management is in place to cover event operations so the new owner has the opportunity to focus on marketing and booking events or add working on one of the trucks in addition..
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.
An SBA lender believes the business will qualify for an SBA loan as long as the buyer is qualified.
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.
