Highly Visible Profitable Food Carts for Owner Op

Price: $87,997

Location: Tarrant, TX

Industry: Food and Beverage

Listing ID: 2454bw

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This offering is a bundle of four highly visible food carts and their locations. Each location enjoys the co-habitation of large retail stores in North Texas and a historical financial success at each location. The Gross Revenues are minimum historical data inputs. These four (4) units are being carved out af a larger number of the current Owner’s food business and the estimated Cash flow (After all expenses) asssume that an Owner will NOT operate any of the carts, but will utilize the personnel currently operating the carts. Carts may be sold indivdually for cash, or as a bundle of four to qualified operators.

Listing Details

Total Sales: $383,040

Cash Flow: $84,589

FFE: $52,000

Reason For Sale:

Other business interests

Training & Support:

Management training will be given along with "How To" establish relationships with food providers such as Sysco and Ben E. Keith which will provide inventory to the cart location as directed.

Operation

Year Established: 2000

Employees: 4-FT

Location

Type of Location: Commercial

Relocatable?: Yes

Facilities Information:

Large Retail Stores serving large communities at strategically located sites. The Food Carts rent a designated space from these retail stores and generally operate during the noon and afternoon hours of 9am to 5 pm.

Summary

Competition:

As established businesses, each location enjoys a relationship with a major Retail store and if the business continues to enhance store visibility and carts are operated efficiently, there is minimum  to no competition.  There are other cart operations throughout North Texas that utilize a similar  business plan.  These super locations are competitive in themselves as being established with the retail stores and are fully operational.  The Seller will initiate a Non-Compete for the Regional areas of operation.

Potential Growth:

Growth in the food cart business comes from two major arenas.  The first is to maximize the sales activity with active and involved operators that have the talents to market their products.  The second arena is to find additional locations to inhabit.  Both are excelent growth factors.

Financing/Terms:

CASH