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Donut Shop / Bakery - Well Established Business

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Location

  • City Other Iowa
  • State Iowa
  • CountryUnited States

Not Relocatable

Financials

  • Asking Price
  • Sales
  • Profits
  • Profit Type
  • Fiscal Year

Deal Terms

  • Business Is A Franchise?
  • Seller Financing Available?
  • Management Will Stay?

Donut Shop/Bakery & 2 Bay Car Wash For Sale.

Turn key business located in beautiful Clear Lake, IA. This is an opportunity for an experienced owner/operator or couple. This business has been established for 8 years and is centrally located on a major highway with a traffic count of over 10,000 per day. Only the business is for sale. The building is leased from one of the largest and most reputable development and property management firms in north Iowa. A long-term lease is available.

XXXXXXXX Donuts is a nationally recognized name with over 900 locations nationwide. It is not a franchise, rather a license agreement to buy the raw materials and packaging exclusively from them. In return, the licensee gets the finest mixes available, marketing assistance and corporate training, if needed.

There is plenty of room for expansion of this business with ambitious management. Competition in this area is minimal. We are currently supplying 9 convenience stores, one restaurant and one grocery store at the wholesale level. On the retail side, we have numerous schools, churches and organizations that order ahead. The front of the store is a coffee shop with showcases for the walk-in trade and seating for 25 customers. There is also a drive-up window on the side of the building. A website is in progress which will feature online ordering capability. The current owner has another business next door and would be available for assistance as long as needed. Some of the experienced employees would be willing to stay on as well.

Products currently offered include sweet rolls, pecan rolls, mini pies, turnovers, muffins, sausage rolls, bismarcks, long johns, twists, Danish, fritters, bear claws, pine cones, croissants and of course lots and lots of different donuts. They are all delicious.

Reason for selling: Owner is getting up in age and does not have time to go fishing or spend time with grandsons with three businesses.

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