Back to Listings SaaS - B2B Food & Catering Ordering Platform - $32K gross/mo

Asking Price : $510,000

Annual Gross Revenue : $382,000

Annual Net Profit : $129,000

Profit Multiple : x3.95

Inventory Value: N/A

R-Index : 101

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From the Broker

Main Benefits

  • Extensive operational track record with 5 years of history helping establish a strong and trusted brand
  • Impressive revenue CAGR of c.24.4% over the 2016 to (e)2019 period
  • Well-documented systems and operating procedures with a refined process requiring minimal owner involvement
  • Among the market leaders in a lucrative and growing niche with plenty of unexplored avenues for growth

Description

For sale is an innovative high-growth B2B SaaS business in the food trucks and catering niche.

Launched in 2014, the business has climbed in popularity by providing a food truck booking platform for property managers and private event organizers. With a technology-driven scheduling process, well-developed food truck relationships, and highly refined screening procedures, the business offers access to hundreds of food trucks across dozens of locations across the USA.

As one of the only dedicated gourmet food truck booking platforms, the business has successfully secured a foothold within the food truck industry. With the food truck industry rising at a 6.8% CAGR from 2014 to 2019 to reach $1 billion in annual sales, the business is perfectly-placed to capitalize on the growing demand for food trucks.

With five years of operating history, the owners have created in-depth SOPs. This refined process has allowed the four-person team to effectively manage hundreds of food trucks across dozens of locations, offering plenty of resources for a new owner to invest in long-term growth strategies.

The business presents a unique opportunity for a new owner to take over a trusted and innovative B2B SaaS business with wide-market reach and plenty of unexplored avenues for growth.

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Listed By


Sale Pending: No

First Seen: Tue, Sep 10th 2019

Last Updated: Thu, Sep 12th 2019


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