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Posted by Ray White Business Sales Sydney CBD on 17/04/2017 in Business

Food Truck for Sale! Unique, Innovative, Original and Profitable. Be in Quick, This will Not Last!

$145,000 -


Description

Beautifully set up Food Truck, original, authentic cuisine, unique, profitable! Established in 2014 this business is starting to thrive and is ready for a passionate new investor or owner & operator to continue its strong growth. All the hard work to set this business up has been done And as part of the City of Sydney's food truck program you can now cash in on catering, events and commercial rental revenue.

Revenue:$7,500 pw

Rent:$150 pw - small production facility

Net Profit:$2,100 pw (annualised)

Location Details:
1 to 3 year licences with all Major wider Sydney Councils. Strong forward bookings for regular and major events and catering in Sydney and the opportunity to move to any location with minimal fixed costs is endless!

Potential:
This business proves to be a great opportunity for a new owner to acquire a well-established business in the trendy and growing food truck sector. There is strong potential to grow the business under the current brand identity or to introduce new products or a fixed premise to boost sales. Potential is endless, this model/brand could easily be taken nation-wide and has a strong brand following that can be leveraged for franchise operations

Skills: No specific skills required. The business is suited to an owner operator or investor and is currently run under management. Experience in the hospitality industry would be useful however not essential.

Lease: $150 + GST per week

Employees: Two FT staff, and five casuals.

Reason for Sale: Owners looking to move back to Europe

About the Business:

  1. Well established & profitable food business and brand with key income streams events, catering, commercial and street sales
  2. Unique & trendy vintage food truck featured as 1 of Sydney's best food trucks
  3. Well documented tools, systems & processes
  4. Business directed by owners and managed on a day to day basis by Operations lead with support of casual team members
  5. Currently at about 40% capacity before additional food truck investment requirement with 1 to 3 year licenses with all major councils in the wider Sydney area
  6. Strong social media following and brand reputation, with high ratings on Facebook and Trip Advisor

Paul Smith
Paul Smith
Business Sales Specialist | Business Sales Sydney (CBD)
Business Sales, Acquisitions & Commercial Property
T: 1800 858 696
M: 0420 550 433
E: p.smith@raywhite.com
Level 28, 135 King Street, Sydney NSW 2000

or

Matthew Holland
Matthew Holland
Director | Business Sales Sydney (CBD)
Business Sales, Acquisitions & Commercial Property
T: 1800 858 696
M: 0425 223 629
E: matthew.holland@raywhite.com
Level 28, 135 King Street, Sydney NSW 2000

Disclaimer: Due to the confidential nature of the sale, images used are stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owners salaries, directors benefits, personal expenses, non recurring expenses, one off expenses, capital costs, depreciation and generally any costs relevant to the current owners.

Hospitality Supplier Ray White Business Sales Sydney CBD
Ray White Business Sales Sydney CBD
Contact Matthew Holland
Ad Type For Sale
Type of Opportunity Business
Category Food & Drink
Asking Price $145,000 -

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