Multiple food carts, catering, and commissary kitchen - high cash flow

Richmond, VA (Richmond City County)

Stock Photo by Emily Fletke on Unsplash
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Asking Price: $648,650

Cash Flow: $259,460

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: $428,571*

Established: N/A

*not included in asking price.

Multiple food carts, catering, and commissary kitchen - high cash flow

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Business Description

This is a unique opportunity to own and operate a highly profitable, turnkey food business with multiple income streams! It is a busy operation with multiple food carts in high-traffic, secured locations and a well established catering business focused on breakfast and lunch.

One of most amazing parts of this business is that the bulk of the work is done by late afternoon. This is not a late night bar or a dinner/weekend business. This is your opportunity to be successful in the restaurant/food industry and not be tied to the restaurant 24/7.

The seller also owns the real estate, and you can:  1) move the business, 2) lease the building for $30,000/year rent plus the real estate taxes and insurance, or 3) purchase the real estate for an additional $438,571. Lots of options, and it's up to you!

Detailed Information

Location:
Richmond, VA
Real Estate:
Owned
Not included in asking price
Building SF:
3,360
Growth & Expansion:
There are a number of ways to expand the business -- duplicate the carts in other locations, work festivals/special events, expand the catering, etc. The owners are happy to discuss all of the opportunities that they see.
Reason for Selling:
Retirement
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(from currently available funds)
 
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Nathan Hughes

Business Listed By:
Nathan Hughes

Sperity Real Estate Ventures

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