Catering Truck Route For Sale - Pawcatuck, Connecticut
Catering Truck Route for sale in the Pawcatuck, Connecticut area for $110,000! Currently grossing an estimated $117,000 per year with cash flow of $33,951 per year! This is a well established business which currently has 7 accounts catering for construction workers. The owner of this route works 4 days a week from 7am to 2pm each day. The truck included is a 2002 Ford F350. Unlimited growth opportunity!
Frequently Asked Questions: Price: $110,000 Cash Flow: $33,951 Financing: No Listing: Active
What are the current average sales and gross income for this route? Currently this route grosses an estimated $117,000 in yearly sales and nets $33,951 per year. The current owner operates as a cash business. Purchase records will be shared with all serious buyers.
How do I get paid? As an independent operator you are make money by purchasing product at wholesale cost and selling it to your customer base via the Food Truck.
How much can I make? Food Truck Route businesses have unlimited growth potential and can be operated anywhere. The yearly sales can be increased by new accounts being established.
Can I finance the route? There is no seller financing for this route, and unfortunately banks will NOT write business loans against route based businesses for several reasons.
Need Money? You can review additional Financing Options Here.
What are my expenses and overhead? Expenses include, but are not limited to: taxes, licenses, product cost, repairs and fuel. The above cash flow represents the profit after an estimated $83,049 in operating cost and expenses are subtracted.
Who is responsible for damaged or out of date product? You are responsible for the product you purchase.
What type of vehicle do I need? The route comes with a 2002 Ford F350 truck (200k miles). Estimated value is $10,000.
How does the selling price of the route get determined? To determine a business's price, a standard formula is to multiply 2 years of the net plus consideration of business assets.
Do I have to pay for inventory or purchase product up front? Yes, the business requires you to purchase product at wholesale through wholesale retailers such as Restaurant Depot, Sam's Club, and other vending supply companies.
Why is the owner selling? Owner is pursuing other business opportunities!
How many accounts does the route have? Currently there are 7 accounts/stops on the route.
Does the owner have contracts in place with customers? No, there are not contracts with the locations although all of the locations have been long time customers with this owner.
How long has the seller owned the business? The current owner has owned this business for 2 years.
How many days a week, and what hours does the owner work? Owner works 4 days per week taking Friday - Sunday off, 7.00am to 2.00pm. Additional hours could be added to gain additional income.
What about vacation time or personal days? As an independent business owner you are responsible for servicing your accounts. It is our recommendation that you hire or train someone for additional time needed off.
What do you recommend when purchasing a business? When purchasing this type of business we recommend forming some type of entity such as an LLC or Corporation to do business under. This not only offer protection for your personal assets, but also ensures protection of your business. If you need help forming this, we recommend that you Form A Corporation Here.
What else should I know? Be Your Own Boss with flexible hours! Unlimited growth opportunity! The food truck business is a 100% cash-only business that offers a great income! The long cherished notion of getting a job that would provide both long term security and benefits is close to disappearing in the American workplace. It is no surprise that more people today want to do "their own thing". Hurry this won't last long! Priced to sell at $110,000! Contact Us About This Route Here!
Disclaimer: Routes For Sale is a Broker that brings buyers and sellers together. Routes For Sale does not represent, or is not affiliated with the company the distributorship is being offered. All agreements are made between the buyer and seller and not Routes For Sale. It is the prospective Buyer's duty and obligation to verify the accuracy of the Seller's representations and if necessary retain attorneys, accountants, business appraisers, or other professionals. The representation of income is based on the most recent years sales revenue generated by the efforts of the current owner. As with any business you can make more or less.