WhatsApp Facebook Twitter Pinterest Linkedin Email

Community Staple Food Truck Business For Sale

For Sale

WhatsApp Facebook Twitter Pinterest Linkedin Email

For Sale

Overview

Business services, Services
Property Type

Description

Sooke,
British Columbia, Canada

Asking Price:

$95,000
(CAD)
Inventory / Stock included

Sales Revenue:

$332,885
(CAD)

Cash Flow:

$63,173
(CAD)

This business is an established and successful food truck business grilling “destination burgers” since 2016. They currently have a hands-off managerial style which makes it a turnkey lifestyle business, allowing for more flexibility for the owner. They have a strong reputation built through positive word-of-mouth recommendations and hold a 4.9/5 star Google rating.

They source the finest ingredients, including local artisan buns, produce, and organic meat from the best producers in the province. They aim to serve high-quality, balanced meals and be able to accommodate different dietary restrictions as needed. They are located in the Sooke area and are proud to source and support several local B.C. food businesses. In 2022, they invested in a website with an online ordering system to further increase revenues even further.

This business has exceptional growth potential as it receives a significant amount of offsite catering requests each year, with an estimated 30-40k requests annually. Under new ownership, the business could capitalize on the high demand for catering services and expand into new and adjacent markets. Another opportunity for growth could be to franchise the existing business model, creation of a marketing budget, and increase hours of operation.

Property Information

Real Estate:: Lease

Lease Terms:: The food truck has a convenient location in a central area, with a cost-effective lease of $40/day, only payable on the business’s opening days.

Premises Details:

The burger food truck is a beloved and integral part of the local community and a must-visit destination for hikers, bikers, and motorcyclists. Located near some of Vancouver Island’s best hiking trails and scenic lookouts, it offers ample onsite parking and a current lease adjacent to a local business owner with an option to renew. The truck features leasehold improvements such as water, power, sewer connections, and a 24-seat licensed patio.

The burger food truck is well-maintained, fully licensed for 2023 and equipped with all necessary equipment. It also has secured storage space for dry goods and refrigerated products at a local store.

The burger food truck prioritizes the accessibility of its customers by providing accessible parking stalls. The site has undergone valuable leasehold improvements, with an investment of $6,000, to enhance the customer experience further. The food truck has a convenient location in a central area, with a cost-effective lease of $40/day, only payable on the business’s opening days.

Business Operation

Expansion Potential:: They have a well-established reputation with a 4.9/5 star rating on Google, resulting in a high rate of word-of-mouth referrals. To reach more customers and make it easy for them to place an order, the business invested in a website with an online ordering system in 2022. They developed a comprehensive digital marketing strategy across various social media platforms, including Facebook and Instagram. As a result, they achieved a cost per lead of $0 and an average order volume of $30 per transaction.

Reasons for selling:: The owners recently relocated to Bali, Indonesia, in May 2022 and are looking for someone to take the business to the next level.