Multiple Food Truck Catering Business

Austin, TX (Travis County) (Relocatable)

1982 Chevy Food truck
Contact Seller

Asking Price: $150,000

Established: 2014

Multiple Food Truck Catering Business

Save Print Share Valuation Report

Asset Sale Description

Everything needed for a multiple-location food truck/catering business

We are selling the collected assets (including intellectual property and goodwill) for our two-food-truck and full service catering company. Buying these assets together will allow you to immediately open a fully operational catering business with one stationary location and one mobile truck, both capable of full service. While this is a bundled asset sale, we can recommend potential employees and advise on hiring. The headlining assets are a reliable, low-mileage 2013 Isuzu that has been converted into a mobile food truck, and a classic 1982 Chevy box truck converted into a permanent food truck location.

* Our brand is a recognized, full service caterer in Austin, Dripping Springs, Wimberley, Round Rock, and Georgetown, from 5 years of business traveling throughout Austin. The brand currently produces about 10 word-of-mouth wedding catering leads per month.
* Our catering accounts won Wedding Wire's "Couple's Choice" awards and "Best of" Thumbtack catering awards.
* We were running about 3-5 weddings/month at between $2000 to $5000 per wedding. 50% deposits were customary. You'd be able to pick this revenue up immediately.

To ensure that you can immediately generate revenue, we are including our brand and catering rolodex (online catering sales accounts) as assets. Our wedding caterings, in particular, were highly successful. Our brand hits a sweet spot for young, urban Texans that want modern cuisine but need to satisfy the more traditional tastes of their families from across Texas. If you want to break into or expand into wedding caterings, the truck and our brand are already very established. This would make the assets able to generate revenue right away as you head into the spring wedding season and SXSW. This would also not prevent you from repainting/wrapping/re-branding the trucks in the future as your business evolves.

Our assets also include all necessary mobile catering equipment to run 500+ person caterings. Our full list of catering services and prices are attached to give you an idea of what we offered with our available catering equipment.

Our 2013 Isuzu has a diesel engine, under 100,000 miles, and only 1 previous owner. Its engine is rated to run for another 300,000 miles. The kitchen inside was designed to store enough food to feed 500 people. Installed is: the largest propane flat top available, 4 deep steam wells, a extra large prep fridge, and all the health department elements required including a 3 compartment sink.

We also have a 1982 Chevy box truck that has been converted into a food truck. It isn't reliably mobile. It can make necessary trips to relocate, but can't be relied on for regular service. It has, until recently, been effectively operating as a stationary food truck. Think of it as a food trailer that can tow itself when the time comes. It's a very pretty, classic looking food truck. Both trucks are inspection ready for the City of Austin Health Department.

Assets are currently priced at fair market value. All prices are negotiable and assets can be sold individually. In particular, we will consider steep discounts on the brand/catering accounts if bundled with the trucks and equipment. They profit the most when kept as a unit.

Attached Documents


Detailed Information

Facilities:
Semi-Stationary Food Truck $25,000.00 Mobile Food Truck $70,000.00 Production Smoker $9,000.00 Generators $5,200.00 Catering Supplies $6,596.00 Goodwill, trademark, support $35,000.00 Total Bundled Asset Sale Offer: $150,796.00
Support & Training:
One-time training on use of any of the assets is included. If purchasing the brand and trucks together, our executive chef and CFO will be on-call for advice for one calendar year from purchase.
Reason for Selling:
Relocated to New England for reasons unrelated to the business.
Business Website:
http://thegingerarmadillo.com
Contact Seller

Contact the Seller

Contact Seller Loading

Asset Sale Listed By:
Justin Doran

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock

Demographic Information

Household Income:
Unlock
Population Age:
Unlock
Population Change:
Unlock
Population by Race/Ethnicity:
Unlock

Real Estate Insights

Monthly Lease Rate per SF:
Unlock
Sale Price per SF:
Unlock

Metro Area Scores

Walk Score:
Unlock
Transit Score:
Unlock


Ad#:1586341 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Cheba Hut - Toasted Subs

Franchise Opportunity In TX
Capital Required: $376,000