Donut shop with drive thru and established traffic

Bixby, OK
Clean and appealing service area!

Seller Financing Available

Asking Price:$269,000
Gross Revenue:$520,000
Rent:$4,958/Month
FF&E:$92,000
Cash Flow:$75,000
Inventory:$5,000
EBITDA:$75,000
Established Year:2021
BUSINESS DESCRIPTION

Clean environment w/ advanced technology point of sales and decor

THIS LOCATION HAS SOLD EFFECTIVE OCT 1, 2024. I CAN BE REACHED FOR OTHER LOCATIONS THAT MIGHT BE A POSSIBLE BUILDOUT LOCATION.
MARSHALL 4175292603. TEXT INITIALLY ONLY PLEASE

This shop was designed and established in 2021 with customer experience and production efficiency in mind! It features fast drive thru convenience, online delivery services, and can seat up to 28 patrons for in-house dining. The developer has built out 4 other successful locations, all established for resale to business entrepreneur minded people. All 4 locations that were sold are still thriving and successful. Contact names of those owners and locations are available upon request to serious inquiries only. This location is the first to features a drive thru window and is located in a plaza with easy in and out main road access. The main road facilitates more than 40,000 cars of traffic daily. This shop features all of the standard donuts made fresh daily, both fried and baked sausage rolls (kolaches), cajun pies, as well as biscuits and gravy. Gourmet coffee offerings include Cold brew, regular brewed, frappes and hot lattes. The area is one of the fastest growing and sought after communities, just outside the Tulsa city limits. Year over year sales are increasing by ten percent or better with documentation available of square annual sales receipts and vendor transactions. This business is now being offered to the right qualified buyer, to step in and generate $70,000 plus income. Qualified buyer must also be approved for the lease as determined by the plaza owner.


ATTACHED DOCUMENTS
xDNM Annual Report 2024.xls.xls Download

DETAILED INFORMATION
Location
Bixby, OK
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,400
Lease Expiration
31/10/2028
Employees
8
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
All equipment used in the production of all goods and services as seen in posted photos and currently on site, are part of the assets to be sold with purchase price. $5,000 inventory free with purchase price. Any excess inventory will added to the purchase price at time of transaction. It is not expected to be more than $2,000 additional inventory. Any additional inventory should be viewed as a convenience to have so as not to be low on supplies upon taking over. Also available to purchase would be the starting cash in register drawers.
Competition
Established shops are in the area. Nothing of the caliber and quality compared to this shop. This is evident by the traffic count increasing month over month. The closest competitor is less than a 1/2 mile, and that location does not accept credit cards, does not have a drive thru, nor offers online deliveries.
Growth & Expansion
Many ideas available to wholesale locations, which would require a delivery vehicle. Those ideas will be shared to serious inquiries only, further along in the transaction process.
Financing
At least 50% down and buyer qualifies to be added as primary lease holder.
Support & Training
Up to 14 days of on-site training by seller offered and recommended. A longer training period would be offered at $25 per hour. Continued consulting available for up to 60 days. Existing production crew and customer service staff will likely stay. They are aware that this shop was established and developed to be sold.
Reason for Selling
This location was developed as speculative market needing this kind of service.
Franchise
This business is an established franchise

BUSINESS LOCATION
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Marshall Spurrier
Marshall Spurrier