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Business for Sale Summary

Mobile Catering Food Truck Business for Sale in MA - 36221

Business Type: misc. service/non-classifiable,non-classifiable establishments,other eating & drinking places,other food stores,owner financing available,restaurant/ cafes/ diners
Mobile Catering Food Truck Business for Sale in MA
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This business has received 9 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $600,000 Down Payment $400,000
Gross Revenues $380,000 Lease Remaining Register Free to View
Owner’s Cash Flow $175,000 Number of FT Employees Register Free to View

Financing

$400,000 Down and balance of $200k for 60 months @ 8%

Business Description

Discover this dynamic owner-operated mobile catering business, a ready-made cash cow! Boasting established recurring corporate clientele and private events, it operates on a lucrative per-head payment model for events up to 150 people, with some grossing over $10,000. This business shows a verified annual profit of $175K-$200K with potential to increase earnings to $250K by optimizing labor costs. Operating mainly from April to December, it benefits from significantly reduced commercial kitchen rent—down from $2,700 to $600 for the prep kitchen—boosting cash flow further. The insightful seller, planning to retire to Florida, is committed to ensuring a seamless transition, offering clear insights into the business operations. With projected bookings for 2024 between $400,000 and $450,000, 20% of which are already confirmed, this opportunity promises high-margin events and continued growth. The part-time staff is willing to stay, ensuring a smooth handover. The seller is willing to accept the best reasonable offer! Priced for a quick sale, the business has experienced explosive growth this year. For more details or to express interest, contact listing broker Brian Bernstein at 929-969-0007

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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.