MergerPlace

Richmond Duck Donuts Franchise

Virginia (Henrico)


  • Asking Price: $185,000
  • Gross Income: $416,400
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $96,119
  • Listing ID: #202320
  • Established: 2013
  • Employees: 8 FT

Business Description

Own and Control the Entire Duck Donut Franchise in the Richmond Market! Take ownership of one of the hottest, fastest growing and successful franchises in the USA while also having complete territorial control of one of the strongest, in-demand and expanding markets in the Commonwealth of Virginia – Richmond. This unique, limited time offer includes the purchase of a Duck Donuts store front in one of the most centrally located, popular and attractive commercial centers featuring eateries, shopping, leisure establishments and geographical control of the entire Richmond marketplace for Duck Donuts … which translates to the new owner having unlimited opportunities for future expansion into other profitable locations throughout the Metro Richmond marketplace.

This business was launched in June 2014 and generated 2016 revenues of $416,400 which is a robust top line revenue. The shop is located in a high traffic, desirable location and is completely outfitted with lease, equipment and signage already in place. You are already familiar with the Duck Donuts success formula: Serve up warm specialty, made-to-order custom donuts, breakfast sandwiches and premium-roasted coffees in a family-oriented, casual dining environment. Opportunities extend beyond the store offering catering services at family gatherings, business functions, and larger public forums. The absentee owner is busy pursuing many other ventures … this is your one-time, limited opportunity to purchase the rights to Duck Donuts in the Richmond market and your initial storefront location at an unbelievable investment level. Offer pricing includes:
1. Complete control and rights to the Richmond market for Duck Donuts
2. The Duck Donut store already operating in Richmond


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Virginia
County: Henrico

Company Information

Year Established: 2013
Home Based: No
Franchise: Yes
Relocatable: Yes
Number of Employees: 8 FT

Financial Information

Asking Price: $185,000
Gross Revenue: $416,400
FF&E: $96,119
Seller Financing Available: No

Property Information

Facilities:

Attractive, well located store front, fully equipped and out-fitted in a bustling shopping, entertainment and event district.

Growth & expansion opportunities:

Young business area that is poised for organic growth, including catering and mobile food offerings. Richmond franchise territorial expansion to western suburban areas/south of James River are major growth opportunities.

Competition:

Breakfast restaurants, franchise coffee shops and fast food offerings provide the primary competition.

Reason for selling:

Owner successfully operates 6 other Duck Donut franchises and does not have the time to grow Richmond as desired.

Support & Training:

All business licenses, training and management team in place.

Contact Business Seller

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Business Listed By:

Hal Feder

Murphy Business Brokers