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Colorado Business For Sale |
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| FRANCHISE DONUT SHOP, PLUS EXTRA LICENSE |
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| Attn: Kirk Relford |
| Lamar Donuts |
| Boulder County, CO, USA |
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| Asking Price: |
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$75,000 USD USA Dollars |
| Business for Sale Industry: |
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Food & Beverage: Coffee, Cafe, Dessert |
| Reason for Selling: |
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Business investment |
| # of Employees: |
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9 |
| Yearly Revenues: |
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$400,000 |
| Yearly Cash Flow: |
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$35,000 |
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Business for Sale Overview:
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This store opened approximately six years ago. The current owners purchased it out of bankruptcy in mid-2005. Their sales were $74,491 in 2005, $284,091 in 2006, and $355,915 in 2007. The first quarter of 2008 suggests another significant increase in sales, perhaps as high as 30%. The original owners were inexperienced and under capitalized. The current owners are an experienced group of retailers, food distributors, and management personnel. Their original plan called for a four- person investment group that would provide continuous supervision of the store, however, the remaining two members of the investment group both live more than one hour from the store in northern Colorado and cannot adequately manage their investment. Their goal is now to sell to an owner operator who can continue their growth and development success. The franchise is excellent and the product superb.
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Property Features and Assets:
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The owner is approximately half way through a five-year lease with an option for an additional five years. The square footage is 2,497. The monthly lease is currently $5,369.75 and the monthly CAM is approximately $1,668.30. The store is centrally located in the center with visibility to/from a major boulevard. |
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Market Competition and Expansion:
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Virtually none in the immediate area. Police Department right across the street. |
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Additional Details:
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- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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