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:
CA, US
Source:
Date:
September 24, 2025

Key Highlights

Established food cart business with a loyal customer base and strong word-of-mouth referrals.
Asset sale includes all necessary carts and equipment, ready for a new owner to operate.
Significant growth potential by expanding marketing and entering new markets like Orange County and San Diego.

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