Food Cart Business - Asset Sale with Growth Potential

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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

Established food cart business with a loyal customer base and strong word-of-mouth referrals.
Asset sale includes all carts and equipment, providing a turnkey opportunity for growth.
Seller offers training and introductions for a smooth transition, motivated by retirement.

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