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Celebrated L.A. Area Food Truck - Expandable Concept Priced to Sell!

California, Los Angeles
Asking Price $49,500.00
Gross Income $339,252.00
Cash Flow $339,252.00
EBITDA
Furniture, Fixtures & Equipment (FF&E)
Inventory
Real Estate
Year Established
Number of Employees
Type of Real Estate Offered
Business Type
  • RESTAURANTS

  • Concession Stand
Overview
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.
Business Details
Location and Facilities: 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.

Support/Training: 2 wks at 20 hrs/wk

Market Information and Position: 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. 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.

Reasons for Selling: Personal

Financing:

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