MergerPlace

Turn Key Mobile Concessions

South Dakota (Minnehaha)


  • Asking Price: $118,889
  • Gross Income: $53,899
  • Cash Flow: $15,538
  • Real Estate: Not Disclosed
  • Inventory: $3,000
  • FF&E: $91,268
  • Listing ID: #202873
  • Established: 2011
  • Employees:

Business Description

This is the #1 Kettlecorn business in Eastern South Dakota! They have an excellent following on Facebook and the wonderful website is also included in the sale. This business has been in operation since 2011. This turn-key business opportunity is perfect for the individual looking to earn extra income or expand an existing company. This is an "event" business providing concessions at 20-25 popular events in the Sioux Falls area. In the past the owners have attended events up to 400 miles away. This business is highly sought after across the region. Peak season is June through November. At larger events they have served over 100,000 attendees. This traveling Kettlecorn concession business boasts a wide and loyal fan base of customers. The vehicles included in the sale are the custom 2011 Haulmark Trailer, a Ford E450 RV, a 2003 Ford F150, and a 2004 enclosed 6x12 trailer. The popcorn equipment is in pristine condition. Everything needed to run the business is included in the asking price.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: South Dakota
County: Minnehaha

Company Information

Year Established: 2011
Home Based: Yes
Franchise: No
Relocatable: Yes
Number of Employees:

Financial Information

Asking Price: $118,889
Gross Revenue: $53,899
Cash Flow: $15,538
FF&E: $91,268
Inventory: $3,000
Seller Financing Available: No

Property Information

Facilities:

A place to park the equipment is needed by the new owner. The equipment is in excellent condition—the owner takes pride in a clean, professional operation.

Growth & expansion opportunities:

If a new owner wants to run this business hard, profits could increase many times over. There are many events that would welcome this business because of their good reputation.

Competition:

There are a number of other players in this arena, but the opportunity to do more business is plentiful. A driven owner could be very busy for at least six months out of the year. There’s also the option to do events further south in the colder months. There is the normal competition, but the reputation of this business is very good. There are many other events that would welcome this operation.

Reason for selling:

The sellers plan to retire and will train the buyer to operate, clean and maintain the equipment until purchaser feels qualified. The owners will be available for questions throughout a transition period.

Support & Training:

Will train for 2 weeks @ no cost. The owner is ready to provide a turn-key system for running this business. All supplier introductions, expertise and processes will be shared to ensure a successful transfer. No special licenses are required—just the typical restaurant (ServSafe) and Peddlers licenses. This business takes hard work and the ability to be away from home during the events. Events require a temporary food license, this business takes it a step further and has a full restaurant license.

Contact Business Seller

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Business Listed By:

Josh Grode Wolters

Murphy Business Brokers