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Price Reduced - Profitable Food Truck on Oahu, Hawaii

EXECUTIVE SUMMARY

 

This very successful food truck business situated in one of the most popular local and tourist locations in Oahu, Hawai’i is offered for sale due to the relocation of the owner. They are one of many different food trucks at this very popular and successful location.  They offer specialty products with limited direct competition.

 

They have been consistently successful and profitable since they opened and have received consistent positive ratings via Yelp and Google.  They offer high-quality products at premium prices, attractive branding, and an excellent location. The business is enjoyable to operate; the current owner has taken multiple vacations and days off and has confidently left the business to be managed by the employees.  There are excellent growth opportunities for this business which are detailed in the Confidential Business Profile.

 

The owner’s wife is expecting so they want to return to the mainland to be close to family.  Annual sales of over $200,000 and SDE of over $83,000; gross margin of 70%.  Easy to operate, Square POS and credit card system, only two part-time employees, and open just 6 ½ hours per day.

COMPANY

Listing ID: HI Food Truck

Location: Oahu, Hawaii

Type of Entity: LLC

Year Established: 2018

Industry: Fast Food – Street Vendor Segment

 

FINANCIAL SUMMARY

   

Revenue: $207,000

SDE: $83,900

Based on being open 7 days per week

 

OFFERING SUMMARY

Asking Price:  $119,000

Inventory included in the Price: $1,500

Est. Tangible Assets (F,F&E): $48,000

Non-Compete:  5 years

Training:  One week

Sale Reason:  Wife is expecting, and they want to relocate to the mainland to be close to family.

 

BUSINESS IS:

Relocatable

 

LOCATION DETAILS

Status: Leased/Owned

Monthly Rent: $3,500

Lease Expiration Date: month to month

Other Location Info:  Very popular and busy food truck site and positive landlord relations

 

EMPLOYEES

Two part-time plus owner

 

COMPETITION

No direct competition

 

INVESTMENT HIGHLIGHTS

  • This is NOT a franchise, so no franchise fees or royalties are paid.

  • Not the typical food truck so little competition

  • Excellent Point of Sale and credit card system from Square.

  • Significant growth opportunities

    • Open 7 days per week;

    • Add complementary products

    • Increased marketing especially a website

    • Many other Oahu locations where this Branded concept would be developed

  • Easy to operate, open only 6 ½ hours per day

  • Offered fully turnkey

  • High margin products and very profitable

  • Strong track record

 

TRADING HOURS

Monday – Saturday; 10:30 am – 5 pm (Employees typically work 7-hour days)

Closed Sundays, but can be open

The Business is being offered on a total turnkey basis with all assets included and the owner will offer training and a non-competition agreement.

 

For a very detailed Confidential Business Profile, with all financial and operating details, please contact us.