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Newly Established Food Cart for Sale in Kingston, Jamaica

Food cart business in Kingston serving fast food cuisine with both on-road and events catering.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Other
Reported Sales USD 16 thousand
Run Rate Sales USD 16 thousand
EBITDA Margin 40 %
Industries Food Carts
Locations  Kingston
Local Time 5:06 PM America / Jamaica
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 16 thousand (Native Currency: JMD 2,500,000)
Reason: Moving on to a different business project.
Includes physical assets worth USD 3.2 thousand
Interested to connect with advisors
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Business Name
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Documents
Business Overview

- Food cart business is located in Kingston and operates with a staff of 2 employees.

- The business has a diverse range of fast food cuisine offerings, including fries, fried chicken, and hotdogs.

- With over 1,000 clients, the business generates revenue of JMD 350k for each food cart catering service.

- The majority of the revenue is derived from event catering, with the business participating in 2 events per week.

- The business has obtained a food handler's license.

- The on-road food cart business experiences a high volume of daily orders, ranging from 50 to 100.

Products & Services Overview

Food cart business - 2 revenue streams. On-road & events catering.

Majority of the revenue is through event catering.

Cuisine served is fast food such as fries, fried chicken, hot dogs etc.

Assets Overview

Physical assets include hand push food cart with all the equipment inside.

Intangible assets include:

Vendors that the food cart was purchased from.

Shipping and clearing agency for food carts.

Name and title of business.

All social media pages.

Facilities Overview

No dedicated facility, operating from residential premises.

Capitalization Overview

Business is self-funded.

No outstanding loans or liabilities.

There is 1 owner/director in the business.

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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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