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#492
Chico Restaurants For Sale

FIRST CLASS FULLY EQUIPPED CATERING TRUCK W/EXCLUSIVE LOWE'S CENTER RIGHTS

$130,000
FIRST CLASS FULLY EQUIPPED CATERING TRUCK W/EXCLUSIVE LOWE'S CENTER RIGHTS
This Listing is Expired
Absolute cash cow! Owner carry with $20K down at 10% for 5 years. Do what the other guy isn't. Hot and cold sandwiches made fresh to order. The beauty of this truck is you can serve not only sandwiches but hamburgers, salads, wraps and Mexican food also. Whatever the event you go to calls for, you can e ready. It is a brand new 2005 GMC workhorse fully equipped with refers, freezer, two hoods, a vertical rotisserie, large flat grill, propane generator, commercial microwave,A/C coffee station and ice well for cold drinks. The truck alone cost $130K to build. Equipped with anti-theft systems. Current owner has exclusive right as the only food vendor in the Lowe's Home Improvement Store parking lot. Lowe's allows outdoor seating with tables for 24 people and electrical hook-ups for only $400 a month. With only four months of operating this truck already produces an average of $300-$400 a day. This business is currently operating Tuesday - Saturday only from 10:00 until 2:00. CASH! DID I MENTION CASH! You can also take your new business anywhere you want, farmers market, fairs ect.. Ideal for a eager person who wants to own their own business without the costly overhead or existing restaurant owner to utilize their existing kitchen, rent back the truck and have an all cash business that is extremely low maintenance.
Regional Manager Steve Demaggio DRE License #01722979

Lease

Region:
Chico Restaurants For Sale
Lease Term:
Month to Month
Total Monthly Rent:
$400

Operations

# of Full-Time Employees:
1
# of Part-Time Employees:
2
# of Family Employees:
1
Hours Open:
Currently not operating
Year Established:
2006

Facilities

Outdoor Seating:
24

Highlights

  • Absolute Cash Cow
  • Exclusive Food Vendor Rights
  • $400 a Month Rent Includes Electrical Hook-Ups
  • 2005 GMC Workhorse Catering Truck
  • Truck Costs $130-$145 to Replace
  • Cash Only Business
  • $300-$400 a Day Average
  • Still Under Warrenty
  • Fully Equipped to Include Propane Generator
  • Possible Owner Carry
  • Operating Only Four Months and Doing Great
  • Excellent for Carterings

Financing

Will SBA Finance:
Yes
Will Seller Lend To Buyer:
Yes
Seller Carryback of Purchase Price:
40%

Demographics

Population 1-mi. 5-mi
2014 Total Population 36,773 73,162
Households 1-mi. 5-mi
2010 Number Of Households 14,480 29,899
2010 Persons Per Household 2.43 2.38
Median House Value $294,600 $281,965
Income Per Household $45,224 $42,126
Businesses 1-mi. 5-mi
2009 Number Of Businesses 1,185 2,197
2012 Number Of Employees 32,876 59,120
2012 Total Annual Payroll $510,887,000 $1,017,997,000

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Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that Stone Path Brokerage Services, Inc. ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it in addition to seeking professional advice from an attorney as well as a CPA.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate (if included in the sale), its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings.  Any decision by User to purchase the Business shall be based solely on User's own investigation and the User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User and User should often review the listing on the website to keep up to date.

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