Two Food Trucks Fully Equipped & Operating Daily

Chicago, IL (Cook County) (Relocatable)

Two Trucks w/Biz
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Asking Price: Get Financing: $385,000

Cash Flow: $179,434

Gross Revenue: $560,000

EBITDA: N/A

FF&E: $120,000

Inventory: $12,000*

Lease Rate: N/A /SF

Established: 2013

*not included in asking price.

Two Food Trucks Fully Equipped & Operating Daily

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Business Description

Highly profitable growing food truck business with two trucks that are fully equipped and operating daily. This business can be run and managed from a home office anywhere as the prep kitchen is in place along with truck storage in place near the operating locations.

This mobile food truck business is growing rapidly. These food trucks serve key Chicago locations for 2.5 to 3 hours M-F and service the greater Chicago area for special events and weekend catering. Established and growing demand from the customer base at the business weekday locations with a diverse following no matter where they serve due to broad interest in the menu. Sales trends are way up and requests keep coming in for special events.

This is a great business with high foot traffic where the food trucks park each day. The location is surrounded by thousands of students, faculty, residents, small businesses, and tourist traffic. The locations are also on major streets near mass transportation traffic. This business is visually front and center for thousands of residents and local business people as well as commuters passing through this area on a constant basis throughout each day. The operating truck locations are in what is considered the heart of this community known for its higher education, unique retail offerings, and its residents that prefer independent businesses as opposed to big box restaurants or stores.

Having established itself as the high- quality healthy option for lunch goers, this business has the added benefit of a catering clientele that is expanding. The business has been operating well from the start and has evolved into a unique model that has multiple revenue streams for great income diversification.

In addition to the business entity itself, this sale also includes both fully functioning food trucks and all equipment that is part of the business assets along with all owner cash flow.

Key upside for new owner:

+ Very profitable business with expanding customer base
+ Great operating locations
+ Great reputation
+ Consistently growing gross sales trend
+ Consistently growing profitability trend
+ Solid take away customer base
+ Solid catering customer base
+ Expanding demand in neighboring Communities
+ Expanding demand in the City of Chicago
+ High traffic with multiple types of traffic
+ Training and support provided by seller
+ and much more...

Details:

Purchase Price: $385,000.00 + inventory
Annual Gross Sales projection 2017 (approximately): $560,000.00
Annual Cash Flow, Owner SDE projection 2017 (approx): $225,000.00 (Owner cash flow depends if owner is active or absentee and how business is operated etc.)

This sale and the business operating locations are confidential. In order to accommodate prospective buyers, the location details, as well as in-person meetings with the seller, are being scheduled once a confidentiality agreement is in place and the financial ability of each buyer has been established.

Please contact Dennis Hansmann for more details at the email and phone number listed below.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Shared kitchen for food prep and then mobile kitchen in owned equipment for a 2.5 to 3-hour service daily during the week primarily. (Home Based)
Competition:
This business has a great reputation and unique food options that are low cost and can easily be served at any location.
Growth & Expansion:
This business can operate from additional locations throughout the day and can also operate longer hours each day by moving to other locations or by offering more breakfast type options. They can also work more days a week and can make themselves available for more private events at any hour of the day or night.
Support & Training:
Seller will provide training.
Reason for Selling:
Other opportunities in the family.
Home-Based:
This business is Home-Based
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Contact the Seller

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Dennis Hansmann

Business Listed By:
Dennis Hansmann

American Business Acquisitions Inc.

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