NOT DISCLOSED, Rhode Island
| Asking Price |
$2,000,000 |
Year Established |
|
|
| Annual Revenue |
$1,560,000 |
Reason for Selling |
Other interests. |
|
| Annual P/L |
$0 |
Attention |
Justin Grolley |
|
| Annual Cash Flow |
$350,000 |
Listing Number |
988955 |
|
| # of Employees |
12 |
Business Category |
Food & Beverage: Coffee, Cafe, Dessert |
|
Business Overview:
This is an excellent opportunity to acquire two well-established Honey Dew Donuts locations in Rhode Island, just 15 minutes apart.
Strategically positioned in high-traffic areas, these units have been serving loyal customers for over 20 years.Both locations are currently corporate-owned and were recently renovated in 2023.
Honey Dew Donuts, New England’s largest locally owned donut and coffee shop chain, boasts 110 locations and a strong franchise network of over 65 families.
Founded in Mansfield, MA by Richard Bowen, Honey Dew has been a staple in the community for 50 years, offering premium coffee, donuts, muffins, pastries, breakfast sandwiches, and a variety of beverages.
With a commitment to quality, service, and cleanliness, Honey Dew Donuts continues to thrive.
Don’t miss this rare opportunity to acquire a well-known brand with a proven track record of success.
Property Features and Assets:
<p><br></p><p>Both locations are strategically positioned in high-traffic areas, each approximately 2,000 SF on half-acre lots. Recently renovated in 2023, these prime real estate locations are available for $1.5M.</p>
Market Competition and Expansion:
<p><br></p><p>Great opportunity for a hands-on owner-operator or investor.Growth potential includes increased community engagement, enhanced operational oversight, and expansion through additional locations.</p>
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity