Owner will consider financing!

BRO’S DOUGHS
Highly Profitable
Niche/ Boutique
(Fresh… made to order)
Donut Shop(s)
[2 locations- buy one or both]

Grand Rapids, MI

See Pictures here
See Website here
See About Video here
Media spotlight: article here and article here

 On the web:
Facebook: 4,000+ likes, 4,300+ followers
Instagram: 4175 followers, 1100+ posts
Customer database- 41,323.  7,591 with email addresses. 
This database has never been utilized and is a HUGE opportunity!
Google Reviews: 299 reviews with 4.8 stars average
Facebook Reviews: 271 reviews with 92% recommended
Doordash: 1003 reviews with 4.8 star average
Grubhub: 499 reviews with 4.8 star average
Ubereats: 230 reviews with 4.9 star average
Seamless: 460 reviews with 4.5 star average
Yelp: 92 reviews with 4.5 star average, and 5.0 star average

In CURRENT operation and is going to sell turnkey
(in current operation!)
to a new owner…

and that new owner could be you!

Buy one location… or both!

Why is the owner selling?  They would like to pursue other interests.  After building two successful locations, including starting the business from scratch, building out the locations, and getting the right manpower in place, the owners experienced burnout and are ready for the next chapter in their lives.

What you get:

• Highly profitable businesses that are established, built-in locations, and turnkey. 
• All the equipment and furniture, etc. to continue the success of the business.  
• A staple in both locations!  Both stores are located in prime areas of high-traffic streets and conveniently located next to strong anchors that draw high-volume and repeat customers.  In the same building as Starbucks, Clean Juice… and next door to stores like TJ Maxx, D&W… AND… located on well-recognized and high-traffic streets like Knapp (yes… Knapp’s Corner!)… and… Fuller (at i-196!).
• All existing employees.  All employees have been working for this business for at least 12+ months, and three of them over 2 years!
• Other valuables: branding, credibility, online presence, community support, intellectual property, buildouts (6 figures)/ signage, etc.) and locations.  

Benefits:

• It’s turnkey.  These businesses are established and have been making money and generating a profit since they started.  All you need to do is step in and turn the key.  The investment in property improvements, etc. was over $100,000 to open just one of the locations!
• No debt/ liabilities (businesses are debt-free).
• High margins.  The cost to produce a unit is small, while the retail price is high.  You don’t have to sell a lot of this product to profit, but if you do, it’s more money in your pocket.  
• Low level of risk (as compared to other businesses, especially those similar (food, etc.) businesses). 
• Easily scalable (as evidenced by their second location).  Have visions for opening up more locations?  This business has a proven track record for replication!
• Transitionary assistance (the owners insist on helping ensure the ongoing success of future owners).
• Easy and flexible Point of Sale system.  Business-owned (NOT leased!) hardware (ipads, holders, cash drawers, printers, etc…).   Super easy to use, remote access, mobile app, real-time stats, seamlessly integrates with Quickbooks, timesheets/ payroll, and much more.
• Online ordering through the business website.  This e-commerce option makes customer orders easy… and integrates with the accounting program!
• Not a franchise!  You have complete control over your business.
• Competitive employee compensation!  Current employees earn $16-18/ hour with tips and could earn more.
• High employee retention!  Current employees have all worked for at least 1 year and intend on staying.
• Owner reliability.
• Competitive advantages.
• Brand recognition and trust in the community. 
• Local customer makeup.
• Customer retention and mostly repeat customers.
• Business reputation.  
• Very favorable lease terms.

Potential for growth:

• One location has previously been open for 2 days a week and limited hours… and has remained profitable!  Expand hours to normal and create more revenue and profit!   *See below
• Neither location advertises (simple things can be done to create an increase in revenue/ profit)
• Customer database- over 41,000 contacts, with over 7,500 email addresses.  Tap into this database and create more business, develop loyalty cards, etc.
• Easy delegation and management with limited overhead.
• Potential for scaling or franchising.  Contact Darrell for more info.   
• Create incentives for staff to upsell and/or suggestively sell, and because of the margins, earn more profit.

*  Fuller history of hours:  June 2023 – August 2023 it was open Tuesday – Saturday 7am – 2pm – September 2023 – June 2024 Friday & Saturday 7am – 2pm, July 2024 – Current Thursdays (7am – Noon) and Friday & Saturday (7am – 2pm)

Your job… keep it going!  Or Make it more profitable.  Buy one location for $250,000 or the other for $350,000.  Or… buy both for $550,000!  

Want to take this 10x +?  Contact Darrell for details about the future franchising of this business!  Darrell has the connections and know-how to make this opportunity BIG.  This business already duplicated its operations and was profitable in the second month!  For more ideas and information, contact Darrell today

Other noteworthy factors:

• The owner currently works an average of 35-40 hours per week between both locations- and he is the only employee at one location.  12-15 hours at Knapp, and 23 hours at Fuller.
• There is little to no administrative work done independently of the hours worked at the stores.  Things like ordering, scheduling, bookkeeping, and communications, can all be done on site during slower periods.
• There are currently 10 people on payroll and all currently work at Knapp.  Half of them have worked at Fuller, also.
• The staff is currently the best it’s ever been.  All but a couple of employees have been employed for over a year, and some over 2 years.
• All staff except a couple of newer hires have a key and are capable of opening and closing.
• One staff person is capable of working at most times.  However, in most cases, the owner staffs 2 people at most times for the employee’s sake.
• Tips are handled:  All tips come in and get paid out based on how much each person works for that day, broken out per day.  Credit/ debit card tips paid on staff’s checks and cash tips paid out via cash every two weeks.

Questions?
Considering one of these locations…
Or maybe both locations? 

Buy both and get a substantial discount.

Contact Darrell today and let’s get the conversation started. 
I can answer any questions you have and connect you to people who can provide the funding for your business purchase…
Or… talk to you about the possibility of the owner financing your purchase for you.
Contact Darrell today
Questions about financials or other sensitive info?  Fill out the NDA here and then email us once you’ve completed it.