Iconic Donut Shop
www.GlobalBX.com
Listing ID:
700378407
Listing Title:
Iconic Donut Shop
Quick Link:
http://www.globalbx.com/listing.asp?bId=378407
Industry:
Food and Beverage
Industry Segment:
Food Production and Packaging
Country:
United States
State / Province:
Alaska
Area
City:
Asking Price Range:
$500K - $1.0M
Gross Revenues:
$942,254
Cash Flow:
$178,769
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
2020
Number of Employees:
10 - 19
Business Description:
Centrally located in beautiful Southside Anchorage, this iconic donut shop has been serving the local community with excellent service and products since 1985. The business has an excellent company culture and is the perfect place for the family to stop in, take out or have delivered some awesome food and drink, for all family members and offices
Offering a wide variety of hot and cold beverages, ice cream, and sandwiches along with hot food, perfect for those cold winter days, or hot summer months this is the place to go. This dining facility has been set up to allow the smooth flow of foot traffic, to allow every customer to be serviced in a timely manner that allows for a very steady flow of revenue and a loyal client base that keeps coming back. Revenues in 2021 at slightly less than one million with one hundred eighty thousand in free cash.
This facility is 2733 Square feet and has a current lease that is due for renewal in 2024 with an option to renew for 3-5 years. The shop currently has 10 employees and works extremely diligently to maintain adherence to OSHA guidelines for workplace safety. SBA pre lending approved.
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