Listing ID: 82932
Business Overview
Sunbelt Business Brokers of Baton Rouge presents this popular donut shop for sale in Metro Baton Rouge, La. Busines is located in fast growing suburban town just a short drive to Baton Rouge. Business is very popular due to the surrounding subdivisions and churches. This makes it a local’s hangout & quick stop for coffee and donuts each morning. Shop was voted one of the top king cake providers in the Baton Rouge area on top of the delicious donuts made in store daily. Store has a very low overhead costs with rent only $1,000 per month for approximately 1,200sqft. Owner has decided to sell due to health issues. Seller will help train and transition new owner. Contact us today for more information on this busy donut shop for sale in Metro Baton Rouge. Come meet the owner, taste the delicious donuts, be impressed and make offer!
Financial
- Asking Price: $180,000
- Cash Flow: $130,000
- Gross Revenue: $280,000
- EBITDA: N/A
- FF&E: N/A
- Inventory: $4,000
- Inventory Included: Yes
- Established: 2015
Detailed Information
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:1,200
- Lot Size:N/A
- Total Number of Employees:N/A
- Furniture, Fixtures and Equipment:N/A
Available
Health Reasons
Additional Info
The business was started in 2015, making the business 7 years old.
The sale will include inventory valued at $4,000, which is included in the asking price.
The property is leased by the company for $1,000 per Month
Why is the Current Owner Selling The Business?
There are all sorts of reasons individuals resolve to sell businesses. Nevertheless, the real reason vs the one they say to you may be 2 totally different things. For instance, they might state "I have a lot of various obligations" or "I am retiring". For lots of sellers, these factors are valid. However, for some, these may just be justifications to attempt to hide the reality of altering demographics, increased competition, current reduction in earnings, or a variety of other reasons. This is why it is extremely crucial that you not rely totally on a vendor's word, but instead, make use of the seller's solution in conjunction with your general due diligence. This will paint an extra realistic image of the business's existing circumstance.
Existing Debts and Future Obligations
If the existing business is in debt, which many businesses are, then you will certainly need to consider this when valuating/preparing your offer. Lots of companies borrow money so as to cover points like supplies, payroll, accounts payable, and so on. Keep in mind that in some cases this can mean that profit margins are too tight. Lots of organisations come under a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may additionally be future commitments to think about. There might be an outstanding lease on tools or the building where the business resides. The business may have existing agreements with vendors that need to be satisfied or might result in fines if canceled early.
Understanding the Customer Base, Competition and Area Demographics
How do companies in the area bring in brand-new clients? Most times, operating businesses have repeat consumers, which develop the core of their day-to-day revenues. Particular elements such as brand-new competition sprouting up around the area, roadway building and construction, and staff turn over can influence repeat consumers and adversely impact future profits. One essential thing to consider is the area of the business. Is it in a highly trafficked shopping mall, or is it concealed from the highway? Clearly, the more people that see the business regularly, the better the opportunity to develop a returning client base. A final idea is the general location demographics. Is the business placed in a densely inhabited city, or is it situated on the outside border of town? Just how might the neighborhood average family income influence future income potential?
