Food Cart Business Asset Sale with Growth Potential in Los Angeles
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
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