900 N Main St, Mitchell, SD 57301 (MLS# 19-349)

900 N Main St, Mitchell, SD 57301

$179,900
Property Type: Commercial Status: Closed
Current Price: $179,900 List Date: 9/03/2019 Last Modified: 8/25/2024

Overview

Description

Daylight Donuts (business only, no building). Iconic, well-established, successful, high margin Mitchell business priced at 2X projected net, plus huge potential for growth opportunities: - Currently closed on Sundays - Currently no gourmet coffee - Untapped wholesale market - Very little advertising Not a franchise; only a supply agreement. Quality products, simple biz model.

Listing Details MLS# 19-349

Contract Information

Book Section
Commercial
Begin Date
2019-09-03
Sold Date
2019-10-24

Location Tax and Other Information

House Number
900
Street Direction Pfx
N
Street Name
Main
Street Suffix
St
State/Province
SD
Postal Code
57301
County
Davison

General Property Description

Age
1972
Realtor.COM Type
Commercial

Income

Gross Income
225,037 (actual '18)
Net Income
78,126 (actual '18)
Listing Office: Mitchell Realty LLC
Last Updated: August - 25 - 2024
Information deemed reliable but not guaranteed.