FOR SALE
Owner says must sell

102-106 Hobart Road
Kings Meadows TAS 7249

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1m2
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High Profits Donut King Franchise Resale In Very Busy Shopping Centre Nth Tasmania

Offering a rare opportunity to purchase an established franchise Donut King at Kings Meadows Tasmania.
Donut King Franchise started circa 1981 in Australia.
Netting in excess of $100K for 5 months of Fy2024, this business offers excellent ROI.
Regretful sale by the current owners due to personal reasons. If you are looking to enter into the hospitality game then look no further.
Key features of this business:
>Donut King is an easy-to-run franchise with clear operating procedures and training provided to the franchisee.
>Ideal business for a family or part-time working owner/s.
>Key to making money at Donut King is serving everyone with a smile.
>Located in a very busy shopping centre of Kings Meadows, regular repeat customers every day.
>Every Day-Selling approx 15 kg cinnamon donuts, 3 kg coffee, 4 bread loaves of toasties and about 3 packs of hot dogs.
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Property Details for 102-106 Hobart Rd, Kings Meadows

Building Type
Commercial
Floor Size
1m2

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About Kings Meadows 7249

The size of Kings Meadows is approximately 5 square kilometres. It has 8 parks covering nearly 20.2% of total area. The population of Kings Meadows in 2011 was 3,371 people. By 2016 the population was 3,684 showing a population growth of 9.3% in the area during that time. The predominant age group in Kings Meadows is 20-29 years. Households in Kings Meadows are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kings Meadows work in a professional occupation. In 2011, 63.9% of the homes in Kings Meadows were owner-occupied compared with 64.6% in 2016.

Kings Meadows has 2,311 properties. Over the last 5 years, Houses in Kings Meadows have seen a 59.52% increase in median value, while Units have seen a 56.27% increase. As at 31 October 2024:

  • The median value for Houses in Kings Meadows is $513,988 while the median value for Units is $396,208.
  • Houses have a median rent of $470 while Units have a median rent of $450.
There are currently 25 properties listed for sale, and 2 properties listed for rent in Kings meadows on OnTheHouse. According to CoreLogic's data, 91 properties were sold in the past 12 months in Kings meadows.

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Praveen Pant
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