Multiple food carts, catering, and commissary kitchen – high cash flow

For Sale
Asking Price: $648,650 (bundled with real estate for $1,077,000!)
Cash Flow: $259,460 (assuming a $30,000/year rent plus real estate taxes and insurance)
This is a unique opportunity to own and operate a highly profitable, turnkey food business with multiple income streams! It is a busy operation with multiple food carts in high-traffic, secured locations and a well established catering business focused on breakfast and lunch.

One of most amazing parts of this business is that the bulk of the work is done by late afternoon. This is not a late night bar or a dinner/weekend business. This is your opportunity to be successful in the restaurant/food industry and not be tied to the restaurant 24/7.

The seller also owns the real estate, and you can:  1) move the business, 2) lease the building for $30,000/year rent plus the real estate taxes and insurance, or 3) purchase the real estate for an additional $438,571. Lots of options, and it’s up to you!

Growth & Expansion:  There are a number of ways to expand the business — duplicate the carts in other locations, work festivals/special events, expand the catering, etc. The owners are happy to discuss all of the opportunities that they see.

Reason for Selling:  Retirement

 

Photo by Emily Fletke on Unsplash

Price:$648,650
City:Richmond
State:VA

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