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Established Mobile Catering Food Truck Business In Massachusetts For Sale

Massachusetts, US
Asking Price:
$700,000 Inventory / Stock included
Sales Revenue:
$380,000
Cash Flow:
$175,000

LISTING ID # 36221

Discover this dynamic owner-operated mobile catering business, a ready-made cash cow! Boasting established recurring corporate clientele and private events, it operates on a lucrative per-head payment model for events up to 150 people, with some grossing over $10,000. This business shows a verified annual profit of $175K-$200K with potential to increase earnings to $250K by optimizing labor costs. Operating mainly from April to December, it benefits from significantly reduced commercial kitchen rent—down from $2,700 to $600 for the prep kitchen—boosting cash flow further. The insightful seller, planning to retire to Florida, is committed to ensuring a seamless transition, offering clear insights into the business operations. With projected bookings for 2024 between $400,000 and $450,000, 20% of which are already confirmed, this opportunity promises high-margin events and continued growth. The part-time staff is willing to stay, facilitating a smooth handover. For more details or to express interest, contact listing broker Brian Bernstein.

Business Operation

Reasons for selling:

Retirement

Employees:
1 FT/5 PT
Years established:
6

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

400,000.00 Down & balance of $300k for 60 months @ 8%

Furniture / Fixtures value:
$150,000
Inventory / Stock value:
$1,000 - included in the asking price