Long established donut and coffee shop for sale in a beautiful corner intersection in Genesee County. Since 1972, this popular donut shop has been serving a wide assortment of donut and coffee for its customers and has become a huge staple in the community. The donut shop is very well known in the city for using fresh ingredients daily, and has been a popular go-to spot for donuts and coffee for generations.
This is a turn key operation, and is looking for new ownership as the current owners have been operating the business for 47 years, and are looking to retire.
- Asking Price:
- $193,000 Furniture / Fixtures included
- Sales Revenue:
- $453,000
- Cash Flow:
- $97,000
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Monthly Lease expires 2024
- Leasehold Rent:
-
$2,125 per annum
- Location:
-
Genesee County
- Premises Details:
-
Beautiful, spacious, and super clean facility with all state of the art equipment. The store is on a highly visible intersection, and has a large parking lot.
- Size in square feet:
- 2200 sq ft
Business Operation
- Expansion Potential:
-
Adding additional employees and expanding the menu has the potential to increase the revenues of this already highly profitable store.
- Competition / Market:
-
Not too much competition exists for this store as its been around for five decades and has built a tremendous reputation for itself.
- Reasons for selling:
-
Retirement
- Employees:
- 3ft/2pt
- Years established:
- 1972
Other Information
- Support & training:
-
Willing to train for up to a month
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
Yes
- Furniture / Fixtures value:
- $15,000 - included in the asking price
- Relocatable:
- This business can be relocated.
