Business Overview

Great Opportunity to become part of a Texas tradition!!

This well established Donut business has been around for nearly 80 years. With a well established history.

They carry a variety of your favorite donuts, cake & filled donuts, plus kolaches, espresso drinks, smoothies, and more. They maintain consistent freshness as well as fast and friendly service that keep customers happy and coming back.

The business has a great reputation in the community with an average 4.5 star customer rating. The interior is recently remodeled and you will not find a nicer Donut shop around

The building was recently renovated for this business. The building is slightly over 2,200 and fits 12 to 15 with tables and seating space people. There is also a drive through window.

This is an awesome opportunity for a new owner/operator who is looking for passive income from an already established business. This is the place you can be proud to own, AND MAKE GREAT MONEY!!!

This business has so much potential! The business opened in the early months of the pandemic yet they were able to secure partnerships with major corporate offices in the area to provide product for their in house cafes as well as catering some of their corporate meetings and events. As people begin to come back to the office there is huge opportunity to pursue more corporate clients.

The current owner is not a full time operator. The labor has been way more that it needs to operate the business successfully. There is not a full time onsite anager.. Imagine what it could be with someone as a full time owner and manager!!!

THERE IS UNLIMITED POTENTIAL!!!

Financial

  • Asking Price: $550,000
  • Cash Flow: $164,807
  • Gross Revenue: $549,046
  • EBITDA: N/A
  • FF&E: $131,000
  • Inventory: $5,000
  • Inventory Included: Yes
  • Established: 2020

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:12
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

The business has a great location in a free standing building. The entire site was totally renovated and set up ideally just for this. It is approx. 2,230 sq. ft. There is easy access with plenty of parking and it has a covered drive thru. The rent is $5,575 per month triple net. They are on a 5 year lease with 3 renewal options.

Is Support & Training Included:

2 weeks onsite with 3 months phone consultation.

Purpose For Selling:

Other Business Interest

Pros and Cons:

Mom and pop brand across the street

Opportunities and Growth:

Great opportunity for a full time owner operator

Additional Info

The company was founded in 2020, making the business 2 years old.
The transaction does include inventory valued at $5,000, which is included in the listing price.

Why is the Current Owner Selling The Business?

There are all types of reasons why individuals decide to sell businesses. Nonetheless, the true reason vs the one they say to you might be 2 totally different things. For instance, they might say "I have too many various responsibilities" or "I am retiring". For lots of sellers, these factors are valid. However, for some, these may simply be reasons to attempt to conceal the reality of transforming demographics, increased competitors, recent decrease in profits, or an array of other factors. This is why it is really essential that you not rely entirely on a seller's word, but instead, utilize the vendor's answer together with your total due diligence. This will paint an extra practical picture of the business's present circumstance.

Existing Debts and Future Obligations

If the existing entity is in debt, which numerous companies are, then you will have reason to consider this when valuating/preparing your offer. Numerous businesses finance loans so as to cover items such as inventory, payroll, accounts payable, etc. Bear in mind that in some cases this can indicate that profit margins are too small. Many businesses fall into a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may additionally be future commitments to take into consideration. There might be an outstanding lease on tools or the building where the business resides. The business might have existing contracts with vendors that have to be fulfilled or might cause penalties if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do businesses in the location bring in new consumers? Most times, businesses have repeat customers, which create the core of their everyday earnings. Particular factors such as brand-new competitors growing up around the location, roadway construction, as well as personnel turn over can affect repeat customers and adversely affect future profits. One essential point to think about is the area of the business. Is it in a very trafficked shopping center, or is it concealed from the main road? Undoubtedly, the more people that see the business on a regular basis, the better the opportunity to build a returning client base. A last idea is the basic location demographics. Is the business located in a densely populated city, or is it situated on the outskirts of town? Just how might the regional average house income impact future income prospects?