Ideal Family Franchise Donut King Shop For Sale

Business description

IDEAL FAMILY FRANCHISE !! ALL THE HARD WORKS BEEN DONE !! This Donut King shop is established in a very busy Northside centre in front of Woolies and has a strong loyal client base. The centre is adding a BUNNINGs and three other Big Box retailers in the next 2 years AND there are 300 houses going up right next door. The partner is having a career change and are looking to move on. The Franchise cost around 250,000 new and this a great fit-out as well, The owners are looking for a quick sale and are only asking $169K. Full training is provided and this is an EZ to operate Business. Making a very good net profit to one working owner Franchise terms Donut King Stores are operated under licence by Retail Food Group (Australia) (RFGA). Donut King has been serving the now World Famous DK Cinnamon Donut for over 25 years, and in 2007, Donut King is much much more than simply the World’s most delicious donuts. At every Donut King in Australia you will also find the blend of coffee rated by 30 million customers a year as their favorite. In addition, there is a range of DK Cold Drinks for every taste, from Smoothies to Milk Shakes and Thick Shakes, from Frozen Coke and Frozen Raspberry, the Icy Caffeine Hit, DK Café Frappe to Quake Shakes, from 100% fat free Fruit Freeze and more. Then there is DK Soft Serve Ice Cream and the range of Gourmet Hot Dogs – the ideal savory snack or meal when you are hungry. Business description Donut King Franchise a simple product with a hefty product margin, easily produced, allowing multiple sales and marketing opportunities. The Total cost of establishing a new store varies from $230,000 to $347,000 + GST then establishing yourself with customers and staff, makes this business a viable proposition. At the asking price of $169,000+sav, it represents an excellent opportunity for the astute Business Buyer. Lease terms: 6 years, Location: Northside ,Premises, Donut King site selection involves careful assessment of each potential site; assessments are made on the following, Traffic Flow, Traffic Velocity, Visibility Profile, Existing Sales and Turnover Margins, Parking, Rental Expenses, Tenancy Mix. Other information Expansion potential: Future Growth, Multiplex Limited, the Centre Management has anchored an expansion program with the signing of Bunnings for 10 year lease with 10 year option as the major tenant for their new development. Land adjoining the shopping centre will be further developed by Multiplex as a $100 Million residential master-planed urban community. Competition / Market: There are no other food outlets with donuts and coffee in this centre. Support & training: you will receive direct training in a hand on environment from friendly, experienced Donut King Trainers. Training ensures you learn how to maintain all equipment in your store ensuring equipment failures don’t result in reduced performance. Reasons for selling: Change in partner's career Trading hours: Mon Sat 8am 5pm Sun 9-4.30 Financing available: Subject to meeting the bank's lending conditions, ANZ and Westpac will lend up to 50%. Furniture / Fixtures value: $125,000 Inventory / Stock value: $4,000