Food Cart Business $265K SDE Expansion Rights to Five Locations

Listing Number: 9525-517790

Listing Details

Food Cart Business $265K SDE Expansion Rights to Five Locations
Price: $549,000
Location: Richmond City, Virginia
  • Down Payment: $549,000
  • Sales: $455,296
  • Seller's Discretionary Earnings: $269,652
  • Inventory: $1,000
  • Furniture, Fixtures, and Equipment: $199,000
  • Rent: $2,500
  • Employees: 5
  • Year Established: 1996
  • Reason for Selling: Other business interest

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Business Description

Offered for sale is a long-established, highly profitable food cart business with more than 30 years of operations.  The business currently operates a single cart producing approximately $265,000 in Seller’s Discretionary Earnings, with simple operations and exceptional margins. Sales average over $1000 per hour during a three-hour operational period. The business currently generates approximately $61,000 per month in revenue from just one location. 
The sale includes five transferable city peddler permits, allowing a buyer to expand to multiple simultaneous locations at their discretion. Recently, the seller has intentionally maintained a single-cart model for lifestyle reasons. 
A nearby commissary kitchen is also available for lease allowing the owner to quickly prep and clean up. Easy menu prep and fast production makes this business less labor-intensive than most food operations. 
If you like making $$$ in a fast paced-work day that is over before 3pm, then this is the business for you! 


Financial Highlights
2025 Seller’s Discretionary Earnings: ~$265,000
Strong, consistent revenue history
Excellent gross and net margins
​Clean, well-documented add-backs available to qualified buyers
Asking price reflects just over 2× verified historical SDE, without attributing value to speculative expansion.

Operations

Established in 1996 by two entrepreneurial brothers, this well-known food cart business has become a city staple, consistently ranked among the best in the area. With five valuable street vending permits—including a flexible mobile peddler’s permit—the business offers strong operational versatility. Known for fresh, healthy wraps served fast with friendly service, it draws loyal, repeat customers and steady lunchtime crowds. Featured on the Travel Channel, this turnkey operation offers an exceptional opportunity to own a celebrated, high-traffic brand with strong community roots and a loyal following on social media that shows up whenever they post a new event.