Global Business Brokerage Inc.  where you will experience a "World of Difference"

Industry:  Retail - Restaurant

Segment: Food & Beverage - Donut Shop & Deli

                                 27 Year - Established Business .. Always Profitable 

    Geography:        Beautiful  -   Tampa Bay Area - Northern Pinellas County

                                      A few blocks from the Gulf - Beautiful Historic District  !!                       

Asking Price:                    $      68,000 - PRICE JUST REDUCED - HURRY ON THIS ONE

                                     Want an already WELL-ESTABLISHED BUSINESS and to retire in sunny Florida?

SALES:                       $140,643 ANNUAL - 2006 & 2005 are almost identical in sales  2007 - On Annualized Basis - is similar

Owner Benefit:          $ 93,426/Year+++ WOW!!!  BEST DEAL ANYWHERE

Established:                  PINELLAS LANDMARK - SINCE 1980!!

LEASE:                           2,200 Sq. Ft. @ $1,100 PER MONTH - THE LANDLORD IS EXTREMELY FLEXIBLE

                                      THE CURRENT LEASE IS FOR ANOTHER 2 YEARS, HOWEVER HE WILL WRITE JUST ABOUT

                                      WHATEVER YOU WANT.  AS YOU CAN SEE, THE COST PER SQUARE FOOT IS VERY CHEAP.

                                      THE ACTUAL DINING ROOM SQ FOOTAGE IS JUST UNDER 1,000 SQ. FT. AND HAS SEATING

                                      CAPACITY OF 42.  BALANCE OF SPACE IS FOR KITCHEN, STORAGE AREA, & BELIEVE IT OR NOT, A

                                      MANAGER'S OFFICE THAT IS 225 SQ. FT.   YOU COULD RUN YOUR 2ND BUSINESS FROM THIS OFFICE.

                                      ASK THE BROKER TO E-MAIL YOU THE PHOTOS.  THE LAST PHOTO HAS A SCHEMATIC DIAGRAM OF

                                     ACTUAL SPACE TO SEE HOW SPACE IS CURRENTLY USED.

FF & E:                        $48,000  Replacement Value - Broker has detailed list

Inventory:                   $  1,200 +/-  This is the actual raw material used to make donuts and breakfast/lunch

                                       food & supplies.

Employees:              This business is currently run by husband and wife - COULD BE 1 PERSON

                                      FULLTIME AND HIRING A PART TIME EMPLOYEE (THERE IS ENOUGH MONEY

                                      IN OWNER BENEFIT TO DO THIS) 

                                      EXAMPLE - IF YOU PAID A PART TIME EMPLOYEE $20,000 PER YEAR (WHICH IS HIGH FOR FLORIDA)

                                      YOU WOULD STILL EARN OVER $70,000 PER YEAR - OWNER BENEFIT AND NOT WORK AS MANY HOURS.

Reason for Sale:     Owner wishes to relocate back to Wisconsin (We know - crazy, isn't it?)

Hours of Operation:   Monday through Friday (5:30 AM to 2:30 PM) - Saturday (6:00 AM to 2:00 PM)

                                       Closed Sundays!  Got the rest of the weekday afternoons and Sundays to

                                        go Fishing or go to the Beach!  Actually some of the best Tarpon fishing is

                                        less than 1 mile from this restaurant. 

Non Compete:            Owner will sign a non-compete for the rest of his life!  He is moving! 

Training:                      He will provide 2 weeks training at no cost.  It actually took him 4 days to

                                       learn the business.

HUGH VISIBILITY - HIGH TRAFFIC AREA - LOCATION!  TASTE!  LOCATION! TASTE!  - ESTABLISHED DONUT SHOP/DELI HAS BEEN A PINELLAS LANDMARK SINCE 1980 - VOTED "BEST DONUT EVER!" - Tampa Bay Life!   Everyone knows this donut shop!  It has the best donuts (bar none - including Dunkin Donuts & the local Supermarket - only 2 miles away - PEOPLE STILL COME HERE TO BUY THEIR DONUTS).

They bake and sell 40 different types of donuts everyday and between 40 & 60 Dozen Per Day in the peak season and 20 to 40 dozen per day, in slower summer months. They also make "old fashioned" donuts with no suger and plain - this is a BIG SELLER!  Some of the seasonal donuts they make; Thanksgiving - Pumpkin Donuts, Cinnamon Orange & they change with the season.   This has been consistent year, after year, after year!  Cost per dozen donuts is $4.95 - Half Dozen $3.35 - Single Donut $ .65.  People absolutely LOVE THESE DONUTS!  Also, they don't do any delivery - they come to you!    All of these are "proprietary recipes" which are included in the sale of this business.  

They have also established local clients the Post Office, City Hall, Chamber of Commerce, local Fire Stations, Schools, & very importantly the local Campground areas, which are numerous in this area.  It is not unusual for these clients to order 1, 2 or even up to 8 dozen donuts.  When you look at the photos the Broker has - the donut racks are only 1/2 full (notice the time on the clock) - it is 7:15 AM!  Some mornings they are totally sold out at 10:00 AM.  Very rarely do they have any leftovers.  If they do, they sell them for 1/2 price and they are also very popular! 

Their prices are the same as the competition (i.e. D&D).  BUT SO MUCH BETTER TASTING!!!  We have done our own taste tests and given them to several other people to taste and the general consensus was (from every single person) - they are better tasting donuts. Hands down!!  Coffee is also terrific - people love it!

The  Deli Menu is simple with sandwiches, salads, hamburgers.  Broker has full menu on file!  Due to popular demand, they have just begun serving breakfast.  The breakfast menu is very simple with take out breakfast sandwiches, breakfast wraps, biscuits & gravy (very popular) and Combinations.  Broker has complete menus on file.

Note - Simplicity is the key to this business!

And... there are no evening hours!!!

With this prime location, this business won't last long!  Pictures don't do justice to the important part - IT IS A PROVEN MONEY MAKER!!! Ask the Broker to e-mail you a photo gallery of this quaint, well known deli/donut shop, as well as a menu of this well established, highly profitable business.  This 42 seat capacity restaurant, is located in a prime shopping area on busy Hwy - Alt 19, right in the heart of the downtown historical area with lots of foot traffic daily.  It is extremely popular with local residents, as well as tourists!

INVENTORY & EQUIPMENT LIST

This local donut/deli, is nicely done, with newer stools & countertops!   A little redecoration, wouldn't hurt, but totally unnecessary.  Restaurant equipment is newer and well maintained with a full kitchen, large cooler and spacious preparation area. Includes nicer Pizza oven - currently not used - but could be if you choose to.

For a complete inventory listing, contact Broker.

DO NOT WAIT - IT WON'T LAST LONG ON THE MARKET

THIS BUSINESS CAN ALSO BE GROWN.  CURRENT OWNER DOES NOT ADVERTISE AND HAS BUILT BUSINESS ENTIRELY ON WORD OF MOUTH AND IS NOT OPEN IN THE EVENING HOURS OR YOU CAN SIMPLY BASK IN THE LUXURY OF NOT HAVING TO PUT IN ALL THOSE LABOR INTENSIVE RESTAURANT HOURS AND GO FISHING - (The choice is yours).

THIS IS A GREAT TIME TO BUY WITH THE BUSY SEASON FAST APPROACHING (JANUARY THROUGH JUNE - MOST PROFITABLE MONTHS).  THIS IS JUST A TERRIFIC BUSINESS - THAT HAS IT ALL, WELL ESTABLISHED, A PINELLAS LANDMARK SINCE 1980, PATRONS WAITING TO GET IN, GREAT LOCATION AND A PROVEN MONEY MAKER. 

BETTER HURRY - CALL US TODAY ON THIS ONE!

Photos, menus & equipment lists available from the Broker.  Also has most recent state Food Safety Inspection Report, dated October 19th and it shows zero violations.  Occupational License cost is $85.15 per year and is current.

Viewing:  Prospective buyer financial qualification required prior to further disclosure and showing. 

Disclosure:  Global Business Brokerage, Inc. has on file the signature and the Sole and Exclusive Right to Sell Listing Agreement, Equipment List, Lease and Cash Flow Analysis.  Information provided herein has been provided by the seller.  Broker has not and will not verify the accuracy or completeness of any information.  Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary.