Listing ID: HPFT 09182017

Confidential – Hanna, AB

Business Advisor: Neil Gerritsen
(Contact Mr. Gerritsen)

Direct: 780-919-1107

Business Type

Food Truck and Bakery

Business Overview

The Food Truck Industry has grown in strength over the past five years and is one of the best-performing segments in the broader food service sector. According to Los Angeles – based industry research firm IBIS
World, the street food business – including mobile food trucks – is a multi-million dollar industry that has seen a 7.9% growth rate from 2011-2016.

This Food Truck business offers a unique menu with a wide variety of homemade pies as the main feature. The 2007 Chev 2500 food truck unit is fully equipped with an oven, cooler, sink, work surface, coffee
machines, display cooler, storage area and 2 propane tanks. A 1997 12ft Royal Cargo unit, complete with 2 freezers and shelving units is also included in this offering. The Food Truck is popular at Farmer’s Markets,
Trade Shows, private functions, rodeos, fishing derbies, sporting events, and has the opportunity to increase its exposure in many more locations. It is also a great advertising agent for the restaurant.

This unique sale blends the advantages of a Food Truck with a bakery style restaurant. Homemade pies are baked fresh daily, using healthy ingredients without the use of preservatives. The company has been successful marketing their products to several stores and restaurants throughout the Alberta region.

The restaurant is located in small town Alberta, featuring full kitchen facilities, additional storage areas, with seating for 20-25 patrons.

Why This Business?

• Great opportunity for the entrepreneur
• Turn key business, with a unique menu
• Established, award winning pie recipes included in sales
• Restaurant equipment included
• Attractive fully equipped Food Truck
• Low overhead and operating costs for the Food Truck with the mobility advantage
• Increased advertising with ability to pre-book events
• Business could be relocated

Are the current owners the founders? Yes
Is this a Franchise Business? No
Owner Support/Training: Yes
Reason for Sale: Retirement

Business Premises and Location

Does the Vendor own the premises? Yes
Is the premises part of this sale? Negotiable, lease options for restaurant available
What is the cost of the lease? TBD

Documents Available For Review

Business Sales Memorandum, Financial Statements, Lease Agreements

Operational Summary

Snapshot

Annual Revenue: $221,513 (2015)

Discretionary Earnings: $44,288. (2015)

Assets & Equipment:  $TBD

Information

  • Year Established – 2008

  • # Of Employees – 1 F/T 2 P/T

  • Asking Price – $ 400,000.00

  • Inventory – $ TBD

  • Selling Financing – N/A

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