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- RE: Well Established Mobile Food Vendor
- Contact: Jon Swift
Quick Facts
Asking Price: | $399,000 | |
Annual Revenue: | $240,717 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $129,539 | |
Total Debt: | Not Disclosed | |
FF&E: | $60,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2014 | |
Employees: | 3 | |
BBN Listing #: | 998823 | |
Broker Reference #: | 1210-19101 |
Business Overview:
If you are looking for a great business to acquire and love to meet people, then this business is for you. This business has been operating for 11 years, and the current owners have been very successful and developed an operating platform that has been fine-tuned and built on a high-value customer satisfaction model. In addition to working with many festivals, they have established a repeat customer schedule that brings in captive income on a regular basis. In addition, the business has refined and developed a superior product and delivery process. The reputation is second to none. The business is scalable and can be expanded with additional products.
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Property Features and Assets:
The business operates primarily using mobile equipment and food trucks based on one very popular product line. They also currently have a kiosk in a prime location, which provides a steady income. The current owners operate the business nine months out of the year, and travel to visit offshore family the other 3 months. However, a new owner could continue to operate year-round and increase revenue and cash flow. This makes this a great acquisition value for a new owner.
Assets = $62,500
Market Competition and Expansion:
This business is based on a specialty product that attracts a broad age group of customers. There is other competition, but the long tenure, quality and consistent products has created a loyal following and allowed them to have a special niche with a repeat customer business model. The business has developed multiple avenues of revenue streams, which include corporate and private events in addition to the typical festivals, farmer markets, and other community events.
The business while very successful at the current level can easily be expanded once a new owner has mastered the current operations. There are multiple avenues for growth and profitability with this high margin product. The current owners are focused on one product and committed to provide the highest quality at all times.
Reason for Selling:
The sellers are looking to relocate near family and retire. Kindly ask the seller for more information.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more South Carolina businesses for sale
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