Celebrated Food Truck - Expandable Concept
Location California,United States
Asking Price Range < $250K
Gross Revenues $339252
Net Profit / Cash Flow $33000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2009
Number of Employees 4 - 5
Inventory 500
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training 2 weeks at 20 hours/week
Reason for Sale Personal
Description This Los Angeles area gourmet food truck is a market leader not only because it's one of the best known in the industry, but also because it's innovative fusion concept and quality food offering commands rave reviews and a loyal fan following. This acclaimed truck boasts a stellar reputation and media notoriety that a new owner can capitalize on in a variety of ways including being full time working owners, increasing catering and private party business, operating on Mondays, or adding of more trucks, licensing / franchising the name and concept beyond Southern California or even opening a bricks and mortar location.
Asking Price $49,500.
This sale includes the business model, concept, menu and staff structure (shall they seek to stay). The truck leases for $2,200 per month on an annual lease (not including commissary fees). A buyer may simply need to transfer any necessary county health permits or business licenses to their name. The truck boasts a hood and all of the necessary food storage and preparation equipment.
Competition naturally exists from other food trucks, as well as traditional bricks and mortar restaurants. That said, this truck has carved out a unique niche with a dedicated customer following that has allowed it to achieve its immediate popularity, national media notoriety and a loyal client following.
New owners can may seize many opportunities for expansion including being full time working owners (which could substantially reduce the $80k in staffing costs), increasing catering and private party business, operating on Mondays, or adding more trucks, licensing / franchising the name and concept beyond Southern California or even opening a bricks and mortar location.
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