Business for Sale

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Business for Sale Summary [Non-Confidential]

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Suffolk County, NY

Business Type: seller financing available,special situations,best deals!,bagel stores,retailing businesses,delicatessen/catering services,other eating & drinking places,other food stores,restaurant/ cafes,misc. retail/non-classifiable

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Non-Confidencial Financial Infomation

  • Asking Price

    $235,000.00

  • Gross Revenues

    $258,065.00

  • Financing

    $ 175,000.00 Down and $60K over 24 months @ 6%.

  • Owner's Cash Flow

    $110,571.00

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Business Description

Coffee Truck - Mobile Catering. This Coffee Truck Route has been established for over 35 years with the current owner operating it for the past 7 years. He is finally ready to retire. The route territory is protected with 26 locations and 40 stops per day (most locations are visited twice per day for breakfast and lunch), 5 days per week. Locations include industrial parks, construction sites, etc. There is minimal prep., just cleaning the vehicle at the end of the day and stocking for the next day. All food is picked up from a commissary and some retail stores (ie. pizzeria, Chinese food, Quiznos). A typical day begins at 5am and ends at 2:30pm. In 2010, the business grossed approx. $280,000.00 with a Net Income of approx. $110,000.00. It is comparable to a deli, but only 5 days per week with much less prep. and shorter hours. The sale includes a 2008 Ford F350 with 78,000 miles. It is in mint condition and maintained regularly. The business is very consistent month to month. There is plenty of room to expand with a second truck. NO CDL is required! We are looking for someone personable with the ability to stay "on time" during the day. Call or email Mel Vaz today to learn more at 631-909-1095 or mvaz@vestedbb.com.

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