About a month ago, qba Cuban Kitchen put a sign in its Watchung Plaza window look for a business partner. Last Friday, it tweeted the same message out. But yesterday, owner Lynna Martinez put a classified on Craigslist, offering to sell qba’s food truck, which preceded the restaurant, for $44,999.
“I’ve run out of working capital,” says Martinez. “I’m just looking to raise the capital I need or divest.”
Although Martinez says, “I always keep hope up,” she says the partnership inquiries she received in the past month either didn’t bring enough capital or experience to the table. “I don’t have any money now,” she says. “I was undercapitalized to begin with. I think I just waited too long to ask for help.”
So, barring any 11th hour rescue, Martinez — who invested “almost five years of my life and almost seven firgures” — plans to sell the truck to help dig out from her bills. “It’s hard to say goodbye to this whole thing. ”
A longtime staple of the food truck scene, qba set down roots in Watchung Plaza last winter.