Profitable Donut Shop for Sale In Colorado Springs is Priced to Sell!

Colorado Springs, CO (El Paso County)

We Sell Restaurants - Colorado Restaurant Brokers
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Asking Price: $0

Cash Flow: $0

Gross Revenue: $200,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $0.00

Established: 1990

Profitable Donut Shop for Sale In Colorado Springs is Priced to Sell!

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Business Description

Price reduce dramatically on this Colorado Springs donut shop for sale has been in business and profitable for two decades. Currently, though it is closed as the owner has left to return to his home country! Franchise operation with no royalties or fees.
This profitable franchise donut shop for sale is located on one of Colorado Springs busiest thoroughfares. For years it has been profitable serving hot pastries and doughnuts. In the past it has had expanded menus and been open for lunch.
The donut shop for sale includes all the furniture, fixtures and equipment - including a fryer and glaze station, mixer, point of sale system, dough proofer, flat screen TVs, display cases, oven, grease filter and plenty of hot and cold storage.
A new owner could increase his or her team's sizes and easily double profits and sales.
This donut shop for sale is a franchise but there are no royalties, marketing or transfer fees. You simply buy your high quality, proprietary flower from the parent company and they stay out of your business. You set your own hours, menu, recipes, prices and marketing programs.
The location of this donut shop for sale has high traffic, good access and plenty of parking. The 1,900 square foot space seats 20 guests indoors and another 4 on tables outside. Rent is a great deal at only $2,037 per month and that includes water and trash removal. Utilities are about about another $300 per month. This is a low cost, low risk deal with plenty of upside for an owner/operator or a couple. It is a great starter restaurant.
The landlord is local and easy to work with. He is eager to find a new, qualified tenant who will restore this doughnut shop for sale to its former glory and profitability. Although there is not cost to purchase the assets any new buyer will have to pay a lease security deposit as well as qualify with the landlord. Expect the landlord to ask any new tenant immediately for:
- 2 years tax returns
- A personal financial statement showing the tenants assets, liabilities and net worth
- Your credit score
- A business plan
If you are not prepared to furnish this information, please do not inquire about this business.
This is an asset sale so absolutely no financials are available - no P&Ls, no tax returns etc. The sales price is based on the value of the assets period. If you need financial history to purchase a business this is not the deal for you.

Detailed Information

Real Estate:
Leased
Building SF:
1,900
Lease Expiration:
7/7/2021
Employees:
2
Facilities:
16 chairs 4-4 tops 1-6 top open sign 2 outdoor tables 4 patio seats Misc decor 3 flat screen TVs display case 2 door glass fridge 2 display cases POS pad file cabinet 2 door sandwich prep coolerhot well misc trays doughnut injector fryer glaze station oven proofer mixer SS tri-sinks ice machine hot dog warmer 2 microwaves grease filter dough table 2 Ss prep tables 2 small fryers 1 sm griddle refrigerator 2 door freezer misc storage and food containers misc untensils
Competition:
No nearby competitors Business currently just seems to provide inventory for 3 gas station accounts does little walk-in or any other type of business
Growth & Expansion:
Everything Longer hours more accounts and off premise sales would all grow sales and profits I am pretty sure he closes his business after he delivers to the gas station accounts
Support & Training:
TBN 10-14 days
Reason for Selling:
Health
Franchise:
This business is an established franchise
Business Website:
http://https://www.wesellrestaurants.com
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Contact the Seller

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Bob Steinberger

Business Listed By:
Bob Steinberger

We Sell Restaurants

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Sponsoring Broker:
Eric Gagnon

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