Food Cart Business Asset Sale with Growth Potential in Los Angeles

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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, 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 including carts and equipment, offering a turnkey platform for growth.
Significant growth potential by expanding marketing and entering new markets like Orange County and San Diego.

Description

This business is an asset sale of a food cart operation founded in 1980, offering a variety of concession favorites like popcorn, cotton candy, hot dogs, BBQ, tacos, nachos, and sno-cones. It serves events such as birthdays, weddings, corporate functions, and community gatherings. The business has built a loyal following through reliable service and crowd-pleasing menus, generating repeat customers and strong word-of-mouth referrals. The sale includes tangible assets such as carts and equipment, valued at $65,226. While specific financials for this segment are not separated, the seller estimates approximately $30,000 in Seller's Discretionary Earnings for 2024. There is significant potential for a motivated buyer to increase revenue by expanding marketing efforts and tapping into nearby markets like Orange County and San Diego. The seller is retiring from the physical work and is committed to providing introductions, training, and vendor guidance for a smooth transition. This is an ideal opportunity for an energetic buyer passionate about food and events to take over established operations with substantial room for growth.

Industry Information

Industry Description:
Food Concessions and Event Services
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:
42760c98-41d1-4f09-bb72-3e8d9a56953d
Source Listing ID:
23942
Deal Status:
For Sale
Last Updated:
September 25, 2025
Currency:
USD

Features & Tags

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