Donut Shop for Sale & More! Drive Thru Serves Breakfast, Lunch & Mor

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Donut shop for sale with an important feature -- the drive-thru window!
Asking Price:
$349,000

Gross Revenue:
$637,602
Cash Flow:
$73,295
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Donut shop for sale ready for new owner. Get sweet treats but service of breakfast and lunch in Fort Lauderdale. Nearby the Interstate entrance, this drive-thru location is one-of-a-kind and fully equipped.
Contact us today for a donut shop for sale with an important feature -- the drive-thru window. Daily average vehicle count of more than 60,000 means this restaurant serving both donuts, breakfast and lunch is highly desirable. Located just before the entrance of a major interstate highway this 1,400 square foot free-standing donut shop for sale could be your next venture. Location features an outdoor patio with seating for 22 guests. The building has recently been remodeled.
This Donut shop for sale offers more than just breakfast sandwiches, coffee, and more. The current lease expires in July of 2027 and has a ten year option attached. The monthly rent of $5,713 includes all CAMS and taxes. The three mile radius population is 156,083 with an average household income of almost $50,000.
America's demand for a sweet round treat in the morning is booming. This sweet slice of the restaurant industry will produce gross revenue of $16 billion in 2019. The margins in this business are off the charts as the ingredients cost just pennies on a product that can cost up to $2.00 per unit. Customer preference is trending towards small scale artisanal product. That's exactly what this donut shop for sale offers its customers. If you are looking to enter a lucrative day part with high margins and no late nights, this is your opportunity. The seller will train for two weeks at no additional cost.
If you are looking for a great location with a drive-thru for your concept, this is donut shop for sale features a fully built out restaurant that can convert to any concept very easily. The fully equipped commercial kitchen is set up for more than just donuts. The kitchen features a 12 foot exhaust hood, inground grease trap and much more. The equipment package includes a 60 quart Hobart dough mixer, convection oven, flat top grill, dough sheeter, donut maker, commercial refrigeration and much more. This equipment package can handle much more than just donuts. Click on tab below to view photographs of kitchen.
This donut shop for sale opened up in early 2018 and sales have been growing. The monthly sales have been between $40,000 and $50,000. The pro-forma for 2019 forecasts sales at $637,000 with profits of $73,293 as an owner absentee run business. The forecasted labor expense of 35% can easily be reduced by an owner operator. An owner operator of this business will see seller's discretionary income easily in excess of $100,000.

About the Business

Year Established:
2018
Number of Employees:
11
Real Estate:
Leased
Building Sq. Ft.:
1,400
Lease Rate/Sq. Ft./Mo.:
$5,713.20
Lease Expiration:
7/31/2027
Facilities:
6 Outdoor Tables 20 Outdoor Chairs Tent and Tablecloth Menu Board Security System Speakers 50 TV Monitor Hobart 80 qt Mixer Proofer Cabinet Donut Fryer Dough Depositor Icing Glazing Equipment Coffee Equipment Thuderbird Dough Sheeter Phoenix 3HP Rotary Phase Converter Double Spout for Donut Filler 23 by 23 Fry Screens Toaster Cold Beverage Dispenser Wood Top Table SS Base Electric Convection Oven Countertop Griddle Stand Mixer Refrigerated Sandwich Prep Table Sliding Glass door Merchandiser Refrigerator Undercounter Refrigerator 18x26 Steel Trays French Press Coffee Grinder Donut Screen Rack Commercial Chest Freezer Undercounter Cube Ice Machine Sinks and Faucets 4 Work Tables Small Tools Microwave Artwork
Website:
https://www.wesellrestaurants.com
Market Outlook/
Competition:
Located very close to interstate this donut shop has a drive-thru window Catch commuters leaving for work each day Directly across the street from a hotel
Growth & Expansion:
The donut industry will produce sale of 16 Billion dollars in 2019 The margins are very higher than typical restaurant outlets This donut shop has seen sales increases since inception
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About the Sale

Reason For Selling:
Relocation
Training/Support:
Owner will train for two weeks at no additional cost

Listing Info

ID:
1584707
Ad Detail Views:
0

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Business Listed by

Ken Eisenband

We Sell Restaurants
License# BK3249847

 Show Phone Number

View My 34 Active Listings
Sponsoring Broker:

Eric Gagnon
We Sell Restaurants
License# H49152

U.S. Census Data for Broward County, FL
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Broward County, FL
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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