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Unique Food Truck w/Blended Drink Focus

CASH FLOW
$34,053

Specifications

  • Price
    $72,000

  • Intangible Assets
    Consistent product, franchise recognition, local favorite, mobile and flexible

  • Profit Margin
    57%

  • Revenue
    $60,073

  • Equipment
    $80,321

  • Inventory
    $7,605

  • Cash Flow
    $34,053

  • Service Area
    Nebraska, Iowa, Mobile - nationwide potential

  • Valuation
    $80,000

 

This business just earned a contract with a local arena to serve at every event with or without alcohol!  They have a unique focus on blended drinks, including smoothies, coffee, adult beverages, and shaved ice for the kiddos.  There has been over $250% growth in the past 3 years, with potential for much more!  This would be a fantastic part-time opportunity to earn an extra $34K/year.

 

This business is currently operated from a 14’ by 6’ trailer that can be pulled behind an F-150.  All equipment for running this business fits inside the trailer and includes blender, a generator, a 3- compartment sink, a hand washing sink, water heater, shelving, grey water tank, fresh water tank, and coolers with lids.   Currently this shop can be found at local fairs, races, festivals, tournaments, block parties, corporate events, as well as throughout the city on a warm day. 


This great mobile smoothie, coffee, and shave ice business is a local favorite.  Enjoyed by children and adults alike, these drinks are 100% natural and have no artificial flavors, sweeteners or colors.  Making these smoothies is easy, too!  With the proprietary blend of ingredients, quality and consistency are built-in benefits. 

 

Business Highlights

  • Year Established:   2013
  • Location:   Mobile
  • Customer Demographics:   Children’s favorite item is shave ice, Adult favorites are smoothies and coffee
  • Events Last Year:   40
  • Trailer:   84 sq. ft.  = 14’ long x 6’ wide
  • Reason for Selling:   Other Ventures
  • Employees: Owner is sole owner operator
  • Hours:   1-hour prep, 1-hour clean up, + event time
  • Seller Training Period:   90-day transition
  • Growth Opportunities:   Increase events throughout the year, expand service areas, expand coffee sales, increase fundraising partnerships
  • Current Owner’s Responsibilities:   Sole owner and operator

Financial Highlights

  • List Price: $72,000
  • Gross Sales:
    • 2017: $60,073
  • Cash Flow:
    • 2017: $34,053
  • Assets Included in Purchase*
    • Equipment: $70,321:  Blender, a generator, a 3-compartment sink, a hand washing sink, water heater, shelving, grey water tank, fresh water tank, and coolers with lids, rolling cart and catering set-ups
    • Trailer:   $10,000
    • Intangible Assets:  Consistent product, franchise recognition, local favorite, mobile and flexible
    • Inventory:  $7,605:  Smoothies, coffee, supplies, etc.

*amounts may vary

Events

  • Fairs
  • Festivals
  • Sports Tournaments
  • Street Sales
  • Fundraisers
  • Corporate Events
  • Birthday Parties
  • Block Parties

This business has had a presence in multiple cities throughout the state of Nebraska.

This business just earned a contract with a local arena to serve at every event with or without alcohol!

Specific information regarding clients is available upon the receipt of a signed Non-Disclosure Agreement.

Products

  • Smoothies
    • Proprietary Blend provided by the Franchise
    • 20 blends available 
  • Coffee
    • 6 style options available from Franchise 
  • Shave Ice
    • Several flavors available
    • Kid favorite

Franchise

  • Smoothie and coffee blends must be purchased through the franchise or recognized distributors. 
  • Franchise provides all manuals, documents
  • Franchise provides e-mail address and website space on franchise site
  • Must purchase franchise cups
  • Must attend franchise meeting every other year

Growth Opportunities

  • Increase events throughout the year
  • Expand service areas
  • Expand coffee sales
  • Increase fundraising partnerships

Valuation Details

The Firm Business Brokerage used a Cost-to-Create methodology to determine the purchase price of the business, determining that it would take far more time and energy to reproduce the business as it currently is than to purchase it. All equipment is in great shape and the trailer has been beautifully built out, making it ready for operations!

The List Price for the business is set at $72,000.

Funding Example

Purchase Price:                               $72,000

35%Buyer Down Payment:            $25,200

10%Seller Financing:                       $7,200

55%Bank Loan:                               $39,600

Seller Financing 5-year term at a rate of 4.50% equals a monthly loan payment of $134.

Bank Loan 7-year term at a rate of 6% equals a monthly loan payment of $578.

After business expenses and loan payments, a buyer with a 35% down payment of $25,200 would retain a profit of $25,500 which results in an 101% return on investment in the first year.

A lender is required to have a minimum 1.5 coverage ratio for any business loans extended. At a proposed Purchase Price of $72,000 with the terms listed above, the coverage ratio is 3.98. 

Please note that the decision of whether to extend a loan on any sale belongs to the bank, and this document does not guarantee specific terms or verify that financing is available. 

Purchase Price:

$72,000

$
%
OR
$
%
OR
$
Years
%

Bank Loan Needed: $

Years
%
$
$
$
$
$

Funding Details

Business:

Offer Price: $

% Buyer Cash Down at Closing: $

% Seller Carry Back via Promissory Note: $

year term at a rate of %

% of Purchase Price secured by Buyer and Seller

Total Bank Loan Need: $

% of Purchase Price

Desired Loan Type:

Desired Bank Terms: year term at a rate of %

Total Business Assets, Inventory, and A/R: $

Total Undercollateralized Loan: $

Loan Payments

Monthly Payment to Bank: $
Yearly Payment to Bank: $
Monthly Payment to Seller: $
Yearly Payment to Seller: $
Total Monthly Debt Service: $
Total Yearly Debt Service: $

Conclusions

Fixed Charge Coverage Ratio

The bank will require a minimum ratio of 1.5 to be lendable.

Cash Flow:
2017 Cash Flow
$
Annual Debt Service: $
RATIO:

Buyer's Net Operating Income (NOI)

The amount of money the Buyer will retain as profit.

Cash Flow:
2017 Cash Flow
$
Annual Debt Service: -$
NOI:

Buyer's Return on Investment (ROI)

The rate of return on the Buyer's down payment.

Down Payment: $
NOI:
ROI: %

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210 N 78th St. 2nd Floor
Omaha, NE 68114

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f 402.939.0857

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The Firm Business Brokerage is not a real estate brokerage and therefore the staff will not handle any aspect of the lease, sale or purchase of real estate.