Food Cart Business - Asset Sale with Growth Potential
Financial Details
- Asking Price:
- $110,000
- Cash Flow / SDE:
- $30,000
- Profit Metric:
- Seller's Discretionary Earnings
- Valuation Multiple:
- 3.7x
- Location:
- Los Angeles County, CA, US
- Source:
- Date:
- September 25, 2025
Key Highlights
Description
This listing offers an asset sale for a well-established food cart business, operating since 1980 in Los Angeles County. The business specializes in a diverse menu of concession favorites, including popcorn, cotton candy, hot dogs, BBQ, tacos, nachos, and sno-cones, making it ideal for various events such as birthdays, weddings, corporate functions, and community gatherings. It has cultivated a loyal customer base through reliable service and strong word-of-mouth referrals. The sale comprises tangible assets such as carts and equipment, valued at $65,226, providing a solid foundation for a new owner to build upon. The seller estimates approximately $30,000 in Seller's Discretionary Earnings for 2024, though the listed Gross Revenue is $0 and the broker explicitly states they have not verified this information. The owner is retiring from the physical aspects of the business and is committed to facilitating a smooth transition by providing introductions, training, and vendor guidance. Significant growth potential exists by expanding marketing efforts into adjacent markets like Orange County and San Diego. The business requires a Food Handler Permit and currently has no employees. The asking price for this opportunity is $110,000.
Industry Information
- Industry Description:
- Food Concessions and Event Catering
- Classification:
- Entertainment & Recreation
Operational Snapshot
- Year Established:
- 1980
- Employees:
- 0
- Reason for Selling:
- Retirement
Real Estate & Lease
- Status:
- Not_included
- Monthly Rent:
- $0 USD
Assets & Inventory
- FF&E Value:
- $65,226 USD
- Includes FF&E:
- Yes
- Inventory Value:
- $0 USD
- Includes Inventory:
- No
Broker Contact
- Name:
- Michael Preston
- Company:
- First Choice Business Brokers
- Phone:
- (424) 832-3410
Listing Details
- Listing ID:
- 18ad39b8-d076-4db4-beda-36b2e367a030
- Source Listing ID:
- 23942
- Deal Status:
- For Sale
- Last Updated:
- September 25, 2025
- Currency:
- USD