$99,000.00
Asking Price
Address: Orange,
Status: Active
Posting ID: 286903
6/1/24
Description
For sale is a well-established donut shop in Orange County, priced at $99,000. The store recently added ice cream to its offerings, attracting more customers during the summer.
Key details:
1. Monthly gross income ranges from $16,000 to $17,000.
2. Monthly rent is $5,680, including NNN (triple net lease).
3. Lease term: 5 years, with an option to extend for an additional 5 years.
4. Store size: approximately 1,800 square feet.
5. Average net income: $5,000 to $6,000 per month.
6. The business has been operational for 37 years and has been run by the current owner for the past 10 years.
7. The store operates 7 days a week, from 6 AM to 6 PM, Monday through Sunday.
8. One full-time owner currently manages the business.
Before COVID-19, the store's gross sales were $25,000 per month. The store is conveniently located close to a college, which contributes to its customer base.
To get more information about this Donut Shop - With Ice Cream, Close To College business for sale in Orange please phone Samuel Kim (Intermediary, Agent - BRE License #:01425551) at 714-290-2362 and -- - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #286903 on BizBen.com. In addition to phoning Samuel Kim, make sure you email Samuel Kim above to get more info about this Donut Shop - With Ice Cream, Close To College, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01425551. Pacific Sterling .
Contact
Details
Asking Price: $99,000.00
Down: $65,000.00
Cash Flow: $65,000.00
Revenue: $200,000.00
Area: Orange
City: Orange
Attributes:
My Notes About This Listing
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