Price Reduced - Profitable Food Truck on Oahu, Hawaii
Re-opened on May 1
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 re-opened May 1 and customers are coming back.
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.
Listing ID: HI Food Truck
Location: Oahu, Hawaii
Type of Entity: LLC
Year Established: 2018
Industry: Fast Food – Street Vendor Segment
Based on being open 7 days per week
Asking Price: $69,000
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.
Monthly Rent: $3,500
Lease Expiration Date: month to month
Other Location Info: Very popular and busy food truck site and positive landlord relations
Two part-time plus owner
No direct competition
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
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.