Multi-Unit Franchised Donuts Business

Salt Lake City, UT
Salt Lake County

Asking Price: Annual Revenue:
$325,000 $1,100,000

Food & Beverage: Coffee, Cafe, Dessert

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RE: Multi-Unit Franchised Donuts Business Broker: Saul Komisar
Owner Financing is Available!

Quick Facts

Asking Price: $325,000
Annual Revenue: $1,100,000
Net Profit: Not Disclosed
Cash Flow: $180,000
Total Debt: Not Disclosed
FF&E: $500,000
Real Estate: Not Disclosed
Year Established: 1961
Employees: Not Disclosed
BBN Listing #: 859549963
Broker Reference #: 1401-417855

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Business Overview:

Absentee Owned, Area Development Rights for Utah Included.

This is a unique opportunity to own one of the fastest growing and well regarded donuts franchises in the Country. There are multiple stores in operation and under development in Utah. The owner has a full-time career in another field so has managed these stores completely absentee. The stores have not been open long and have seen astounding sales growth in the time. A lot of investment has been developing the stores and introducing the brand to Utahns across the State. The online reviews are fantastic, the stores are cash flowing and there is a tremendous amount of growth potential for the brand.

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Property Features and Assets:

While relatively new to the Utah market, this franchise has been around for many years and has a proven business model. The stores in Utah have all new build-out, furnishings, and thousands of dollars in brand new equipment. The current owner has a full-time job in a non-food related industry. While he has spent some time opening the new stores in the beginning, this is essentially an absentee run business. All of the equipment is nearly new and in excellent working. The build-out and lease hold improvements are as well. The stores are located in high-traffic areas with excellent demographics. The leases have been very well negotiated and have options for long term extensions.

Market Competition and Expansion:

There is competition but donuts represent a $15 Billion industry that is growing faster than the general economy for many recent years. Further, the amount of sales growth experienced since the stores have opened, along with the fantastic online reviews, speaks to how well the brand has been received. Perhaps the most exciting part of the opportunity is the area development rights for the State of Utah. This allows the new owner to franchise out additional stores (in already identified areas) with the potential to makes a tremendous amount of additional passive income through royalties for each store franchised. Area Development agreements are hard to get in the food industry.

Reason for Selling:

Family Issues

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

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