Net income to an owner / operator of $110,000 in 2020, and this Food Truck for Sale? is on track for more in 2021!
This Asian-inspired Food Truck for Sale is in an excellent location in an established Austin food-truck food court. It is the kind of well-frequented location that has several excellent food trucks, plenty of outdoor seating, and even shade sails to protect customers from the Texas sun.
The real genius in this Food Truck for Sale offered by We Sell Restaurants is the actual food. They specialize in the kind of Instagram-ready, taste-bud popping fare that foodie customers demand. This food truck manages to serve healthy food that is also amazing and perfectly spiced. Customers get to choose from a variety of honed menu choices, from the proteins through to the sauces and garnishes. This provides a near limitless number of dishes. Prepare to be wowed by the green beans, for example -- this is how you want to eat your vegetables!
This Food Truck for Sale has been open for 7 years, a long time in this business. It is part of a nationally-run food-truck business. Because of this, the owners have instituted best-practices from having owned many food trucks, so it is very well run. It is currently being run remotely -- the Seller’s Discretionary Earnings of $110,000 in 2020 is made up of $75,000 profit plus $35,000 that a new owner / operator would pay themselves for a 40 hour work-week in the truck, money that is currently going to a local employee. The business could be kept as-is, with the current manager, if the new owners would like to stay absentee.
The Food Truck for Sale is fully turn-key, and the permits are in good standing. You can choose to keep the truck in its current location for $2,000 per month ($1,600 rent plus $400 for utilities), with one year remaining on the current lease and possible renewals. The truck is easily movable, for example for catering and other events.
The owner has decided to sell in order to concentrate on some of their other food trucks in other cities and states. This brings to market a stable, quite profitable food truck, which doesn’t happen very often. For the sales price, you can take over and right away be making a sizable income. Also, as an owner / operator, this Food Truck for Sale will benefit from having local, on-the-ground management.
Many food trucks close within a year of opening. This Food Truck for Sale has been open for years, has a great location, a loyal following, fantastic food, excellent operations, and is highly profitable and has growing profitability. Take advantage of this opportunity today!
Lease Term: May 2022
Monthly Rent: $2000,
Indoor Seating: n/a
Inside Sq. Ft: n/a,
Hood System: Yes
Hours Open: Wednesday - Monday 11am - 11pm Closed Tuesdays
# of Full-Time Employees: 2
Net Sales: $260771.00
Owner Benefit: $109734