A pair of fast-growing craft doughnut and coffee cafés operating in the Chattanooga and Knoxville TN area. The business generated $1.6M in combined revenue in their first full year of operation. The concept pairs a signature layered doughnut — buttery dough fried crisp on the outside, light and airy on the inside — with a full coffee program, breakfast menu, and an in-store café experience that sets it well apart from typical grab-and-go doughnut shops.
Both shops are fully built out, fully staffed with 32 full time employees, and supported by an experienced on-site management team, allowing the business to run under absentee ownership. Currently $105k in salary is split between two managers. With brand recognition established and systems in place, this is a turnkey opportunity for an owner-operator to step into a stabilized, growth-stage business on day one.
Before any more information can be shared, buyers must provide a Confidentiality Agreement and other information showing they may be a right fit and financially qualified to purchase. Listing Broker is Tony Pearl 980-290-9000, [email protected]
Financial Information
$450,000
Asking Price
On request
Cash Flow
$1,600,000
Gross Revenue
On request
Down Payment
Yes
Financing
On request
Adjusted EBITDA
Business Location
City:
Knoxville
State:Tennessee
Financing Comments
Seller will consider some financing for a qualified buyer
Reason for Sale
Need to devote more time to other business interests and family