Total of 18656 firms and businesses for sale today Saturday 27th April 2024
Sold. Donut Shop Family Owned - Price Reduced
LISTING DETAILS
Firms For Sale ID:
32851
Vendor reference:
2390rj
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Business opportunity:
Asking price:
$85,000
Furniture, fixtures, fittings and stock included.
Furniture, fixtures, fittings and stock included.
Turnover / revenue:
$165,401
Net profit / cashflow:
$76,259
Years established:
2005
Trading hours:
Open 7 days a week until noon
Number of employees:
2
OTHER DETAILS
Reason for selling:
The owners currently pick up their older child from school 8 minutes away. In 2014 their second child will be attending Pre K at a different school and this will increase the drive time to more than 40 minutes. The owners plan to open a new business closer to their home and to their children’s schools.
Support and training:
The owners understand that a smooth transition is in the best interests of the Buyer and the Seller. They are willing to work with the Buyer through a reasonable training and transition period.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
BUSINESS DESCRIPTION
The business is a full turnkey, well-equipped operation that is independent (not a franchise) with good cash flow and is very stable. The business has a loyal following of repeat customers for their fresh made donuts, muffins and breakfast sandwiches all prepared in-house daily. The business is located in a highly visible location on the “morning side” of the traffic flow on a major road in Northern Tarrant County, TX. The business is located on the end of a shopping strip and has a convenient drive-thru for their customers that are "in a hurry". The cozy dining area has plenty of room for up to 24 and there is plenty of free parking. This is neither an offer to sell nor a solicitation to sell securities.
Expansion Potential
The current owners feel that there are several ways a new owner can grow the business and they will be happy to share these with an interested buyer.
Market / Competition / Non-Competition Agreements
As with any profit generating business, competition exists. The business’ reputation and strict adherence to high quality products provides it with a competitive advantage.