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:
- CA, US
- Source:
- Date:
- September 24, 2025
Key Highlights
Description
This listing presents an asset sale opportunity for a well-established food cart business, founded in 1980, operating in Los Angeles County. The business specializes in popular concession items such as popcorn, cotton candy, hot dogs, BBQ, tacos, nachos, and sno-cones, catering to a variety of events including birthdays, weddings, corporate functions, and community gatherings. It boasts a loyal following built on reliable service and positive word-of-mouth. The sale exclusively includes tangible assets like carts and equipment, valued at $65,226, providing a solid foundation for a new owner. The seller estimates the business generated approximately $30,000 in Seller's Discretionary Earnings in 2024, though specific financials for this segment are not separated on the seller's books. Significant growth potential exists by expanding marketing efforts and targeting adjacent markets like Orange County and San Diego. The seller is retiring from the physical aspects of the business and is committed to facilitating a smooth transition through introductions, training, and vendor guidance. This is an ideal opportunity for an energetic and creative individual passionate about food and events to acquire an existing operation with substantial room for expansion.
Industry Information
- Industry Description:
- Restaurants & Food
- 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:
- 7b924d7a-55af-4e54-b5c4-3315a20d9e4a
- Source Listing ID:
- 23942
- Deal Status:
- For Sale
- Last Updated:
- September 24, 2025
- Currency:
- USD