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Fully Fitted Out Turn Key Donuts Business For Sale

Ascot, Queensland, Australia
Asking Price:
$80,000 (AUD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$100K - $250K (AUD)
Cash Flow:
$50K - $100K (AUD)

Fantastic opportunity to capitalise on business that has been trading for 12 months by the parent company of a multi award winning national donut business.

The parent company is growing, and the directors simply have no time to run this part of the business.

It is ready to take over immediately with a fully fitted out retail shop, a separate fully equipped marquee (also including all equipment) to ‘pop-up’ at festivals, events, school fetes, expos, functions and farmers type markets in the Brisbane Central catchment (includes, CBD, Fortitude Valley, Newstead, Bowen Hills, Hamilton, Ascot, Clayfield, Pinkenba, Eagle Farm).

The shop premises is extremely well located in the prime northern Brisbane suburb of Ascot, next door to a brand new IGA, chemist, bakery and butcher and is surrounded by schools and parks. The boutique shopping complex enjoys high exposure and is easy for donut deliveries or pick-ups for catering. Ideal for Uber Eats and the like delivering to the CBD and Fortitude Valley.

The shop has a large storage area at the rear that also serves as an office. No expense has been spared on the leasehold fit out. Over $120,000 was spent on the fitout.

The product is well known and supported and is a recent recipient of a major national award for excellence being “Best Small Business in Australia – fast food/takeaway category”.

Key Features:

Operating National branded donuts business including fully fitted out retail premises and signed and fitted out marquee for off-site events within the prime inner-north and Brisbane Central region.

• Shop is fully air conditioned
• 100kgs of donut mix stock supplied that will generate approx. $10,000 in sales
• Full signage including illuminated internal signage
• Upgraded power, gas connection, grease trap and mechanical exhaust
• All equipment 12 months old and able to be depreciated
• 4 years of 5 year term remain + option for the shop
• 5+5 year licensing agreement for the product
• Customer carparks in front
• Modern glass frontage with businesses & schools adjacent that drive demand
• Branded and fitted out marquee set-up for off-site catering at festivals, events and markets.
• Established relationships to operated off-site on-going at places such as QUT and inner city markets.
• Major venues included within the region include RNA (RICC) with an existing track record and relationships opening the door to trade at events such the Vegan Expo, Ekka, Commic-Con and more.
• Comprehensive training included
• Marketing materials and on-going support included.

OTHER
• Fully equipped and signed trailer also available for $20,000
• Additional region of inner South Brisbane (including BCEC, Southbank, West End) is also available at additional cost of $40,000

• Available Now

Lease Info

Commenced 1st September 2021
Rent: $60,060 pa + GST
5 x 5 years
Fixed 3% increases
3 month bank guarantee & directors guarantee

Size of Premises
Approx. 55 square metres

Opportunity
This is a perfect opportunity for a husband and wife, family members and/or a collaboration of friends to operate. It has a great lifestyle in an upmarket area of Brisbane. You acquire the Brisbane Central Region and can operate in as many locations as you choose in in that area.

There is a lot of opportunity!

For more information, please contact us by using the form below.

Property Information

Real Estate:

Lease

Lease Terms:

5 years + 1 5 year option

Leasehold Rent:

$60,060 (AUD) per annum

Location:

Ascot, Brisbane

Premises Details:

Shop in retail shopping centre

Business Operation

Expansion Potential:

Enormous expansion potential within the Region

Reasons for selling:

The owners are expanding the National operation and have no time to operate this business.

Trading hours:

7 days with some flexibility on opening hours

Employees:
2
Years established:
1 year

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

It is a LIcence system NOT a franchise and the Buyer gets a 5 year term + 5 years option

Other Information

Support & training:

The parent company provides ongoing support and training in addition to a comprehensive Operations Manual and online training videos

Furniture / Fixtures value:
$130,000 (AUD) - included in the asking price
Inventory / Stock value:
$10,000 (AUD) - included in the asking price
Website:
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Related Documents:

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