Donut King franchise, cinnamon donuts and coffee

About the business

This is a Donut King franchise bakery on Bribie Island, Queensland, selling warm cinnamon donuts, iced treats and coffee. The brand also serves milkshakes and hot dogs. Donut King was founded in 1981 on the Gold Coast and operates approximately 180 store locations across Australia, mostly in New South Wales and Queensland. The centre is anchored by a full-line Woolworths and a Target, has approximately 32 specialty retailers including an Australia Post branch, and provides 600 car parking spaces. The lease expires in November 2031 with no options, and the franchise agreement runs in line with it until November 2031. The shop is 22m2 plus 19m2 of licensed seating with 16 tables and 32 chairs, and the lease carries a 2 month rental bond. The fit out is current to Donut King requirements. The store was established about 2010. The cost to an incoming franchisee includes training, which runs for 3 weeks on the Gold Coast. Trading hours are 8.00am to 5.00pm Monday to Friday, 8.00am to 4.00pm on Saturday and 9.00am to 3.00pm on Sunday. The reason for sale is that the owner has relocated. The broker reports that the centre is a premier convenience-focused shopping hub. The broker reports that the store is capable of higher results with dedicated owners. The broker reports that the location is idyllic and great for a working couple.