High Volume Mobile Food Service

New Haven County, CT (Relocatable)

High Volume Mobile Food Service

Asking Price:$275,000

Cash Flow:$198,122

Gross Revenue:$500,000

EBITDA:$198,122

FF&E:$30,000

Inventory:$2,000*

Established:2010

*not included in asking price.

High Volume Mobile Food Service

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Business Description

Business sells lobster rolls and fries, primarily, from a trailer on a very busy local thoroughfare. While the trailer is mobile, and, of course, can be moved anywhere, the single current location has been the primary location where the owner has operated since inception. He he pays a monthly rent of $725 for use of space on the grounds of another business owner. Business has been in operation for six years and is seasonal, from March through November and is open daily from 11 am to 6 pm. Owner runs the business with up to three employees.It enjoys a strong owner cash flow, in the year 2016 approaching $200,000 on estimated sales for the year 2016 of $500,000. Sales volume has grown dramatically each year of operation. Price of $199,000 includes the fully equipped trailer which the owner had specially built for this particular business. Food inventory is in addition to the purchase price.

Detailed Information

Inventory:
Not included in asking price
Employees:
3 employees
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Business operates out of a 8 ft by16 ft trailer on the grounds of a local business with a $725 monthly rent. The owner had the trailer designed and built specifically for this business. Of course, the trailer is mobile but the business has had a fixed location for its entire existence and has done very well. In the winter months it could be relocated temporarily to a warmer climate.
Competition:
There is no particular competitor for this business.
Growth & Expansion:
Business has had a strong growth rate since it was started six years ago. The location is extremely busy and the sales keep improving. The trailer is limited in size, of course, so any expansion would require multiple trailers. It operates seven days a week, for seven hours per day.
Support & Training:
Owner will provide adequate training to the purchaser. Special training is not needed for this business.
Reason for Selling:
Owner has another business opportunity.

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Bob Capozzi

Business Listed By:
Bob Capozzi

VR Business Brokers/Venture Group Partners

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