Business Overview

This is a great opportunity to make big dollars in a specialty food truck that gets booked with parties and has no time for parking on streets to do business
The numbers shown are based on only 12-16 hours per week! 4 hours per day, 3-4 days per week. The potential for growth with this Philly Cheese Steak Food Truck is HUGE and the seller is willing to give you the tools, knowledge, and complete business strategy to continue OR expand the success.

Long established food truck business that continues to roll big! Start the motor and you are on your way to making good money. How much money do you want to make? Get into this business and set your own hours and determine your own bottom line. The more you work the more you bring in! Work more, make more. The client list/name/website and mobile kitchen are all included. This is one of the oldest food trucks in Atlanta, they’ve gained a loyal following of foodie fans, becoming one of the most popular, most of the jobs are done for corporate events, movie productions and private events, some of the events includes Home Depot corporation, the walking dead production and so much more.

The current owner operates out of a fully equipped warehouse with access to a huge kitchen that is chefs dream and plenty of refrigerated storage and equipment to use. The warehouse is strategically located in spaghetti junction with easy access to all major highways.

The food truck is a 1995 Chevy P30 diesel truck with a new engine that has 17k miles and fully equipped with a flat top grill, double door refrigerator, fryer, bread toaster, hood system, Prince Castle toaster, prep fridge, chest freezer and so much more.

PROOF OF FUNDS AND SIGNED NDA MUST BE RECEIVED PRIOR TO DISCLOSING ANY FURTHER INFORMATION. THIS IS AN OPERATING BUSINESS; PLEASE REFRAIN FROM SPEAKING TO STAFF OR MANAGEMENT.

Attention Business Owners: We are always in search of quality businesses to sell, so if you are thinking of selling your business or would like to acquire another business, please call us to discover the difference that is.

Financial

  • Asking Price: $225,000
  • Cash Flow: N/A
  • Gross Revenue: $221,420
  • EBITDA: N/A
  • FF&E: $65,000
  • Inventory: $1,000
  • Inventory Included: Yes
  • Established: 2010

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:2
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

The current owner operates out of a fully equipped warehouse with access to a huge kitchen that is chefs dream and plenty of refrigerated storage and equipment to use. The warehouse is strategically located in spaghetti junction with easy access to all major highways.

Is Support & Training Included:

Seller will provide hands-on training for one week or several events hours per week for one full month.

Purpose For Selling:

Retiring

Pros and Cons:

Limited competition. Very few brick-and-mortar Philly Cheese Steak restaurants and Only one other Philly Cheese Steak food truck in the area.

Opportunities and Growth:

Hands on owner could make a fortune working 8 hours a day, current owner only does two to three events per week .There is so much room for growth whether it's a brick-and-mortar or another food truck.

Additional Info

The venture was founded in 2010, making the business 12 years old.
The deal does include inventory valued at $1,000, which is included in the listing price.

Why is the Current Owner Selling The Business?

There are all sorts of reasons people resolve to sell operating businesses. However, the genuine reason vs the one they tell you may be 2 absolutely different things. As an example, they may claim "I have too many other commitments" or "I am retiring". For lots of sellers, these factors are valid. But also, for some, these may simply be reasons to try to conceal the reality of transforming demographics, increased competition, recent reduction in profits, or a range of other factors. This is why it is very essential that you not rely absolutely on a vendor's word, however instead, make use of the seller's answer combined with your overall due diligence. This will repaint a much more reasonable image of the business's present circumstance.

Existing Debts and Future Obligations

If the existing company is in debt, which many businesses are, then you will need to consider this when valuating/preparing your deal. Many operating businesses finance loans in order to cover items such as supplies, payroll, accounts payable, and so on. Bear in mind that sometimes this can imply that profit margins are too thin. Many companies come under a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may additionally be future obligations to take into consideration. There might be an outstanding lease on equipment or the structure where the business resides. The business might have existing agreements with vendors that have to be fulfilled or may result in penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

How do operating businesses in the area bring in brand-new clients? Most times, companies have repeat customers, which create the core of their daily profits. Particular variables such as new competition growing up around the location, roadway building, and personnel turn over can influence repeat customers and adversely impact future incomes. One crucial thing to think about is the area of the business. Is it in a highly trafficked shopping mall, or is it concealed from the highway? Undoubtedly, the more people that see the business often, the better the opportunity to construct a returning consumer base. A final idea is the basic location demographics. Is the business situated in a largely inhabited city, or is it situated on the outside border of town? Exactly how might the neighborhood typical house earnings influence future income potential?