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Branded Food Truck business for sale
Price
R 2,100,000.00
Category
Listing ID
#87752
Viewed
955x
Publish date
January 9, 2023
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Description
ESTABLISHED FOOD TRUCK BUSINESS FOR SALE
This business caters mainly for events, Corporate and private Client base
Great opportunity to buy an established and successful business and brand with database and good standing Client base.
The business is ever growing and has huge expansion potential especially in terms of franchising or a great add on for someone already in the event industry
Currently Owner is a chef and attends only Corporate events. Owner involvement is more in terms of Client facing and securing events and functions.
The staff are employed on an event basis and therefore the owner is not committed to monthly expense.
The event calendar for December will already generate sales of R 400,000
A business is valued on a P/E of 3 plus stock as a general rule of thumb, We are using a PE of 3 plus database and Brand to value the business due to their unique and very large Corporate client base.
Adjusted Net Profit R R494,747 x P/E 3 = R1,484,241
Database R 250,000 + BRAND R 200,000 + December events R 200,000
Selling at R 2,1 million for a quick sale including all Assets and Stock
Buying or selling a business in South Africa, call Graphite Business Brokers for a free consultation.
076 265 9089
www.graphitebusinessbrokers.co.za
This business caters mainly for events, Corporate and private Client base
Great opportunity to buy an established and successful business and brand with database and good standing Client base.
The business is ever growing and has huge expansion potential especially in terms of franchising or a great add on for someone already in the event industry
Currently Owner is a chef and attends only Corporate events. Owner involvement is more in terms of Client facing and securing events and functions.
The staff are employed on an event basis and therefore the owner is not committed to monthly expense.
The event calendar for December will already generate sales of R 400,000
A business is valued on a P/E of 3 plus stock as a general rule of thumb, We are using a PE of 3 plus database and Brand to value the business due to their unique and very large Corporate client base.
Adjusted Net Profit R R494,747 x P/E 3 = R1,484,241
Database R 250,000 + BRAND R 200,000 + December events R 200,000
Selling at R 2,1 million for a quick sale including all Assets and Stock
Buying or selling a business in South Africa, call Graphite Business Brokers for a free consultation.
076 265 9089
www.graphitebusinessbrokers.co.za
