DONUT King franchisee Kimberley Birch is so keen to offload her store she has dropped the price to less than the cost of a doughnut.

She bought the Currimundi Markets store nearly two years ago after moving from Sydney with her husband and adult children.

But health issues have driven Mrs Birch to an act of desperation.

She is selling the store for $1.

"We used to come up here (the Coast) for holidays so we thought it would be nice to come to live here," Mrs Birch said.

"We came up here for a fresh start."

They were living at Aroona when Mrs Birch thought she spied a bargain price for the franchise.

 

Donut King Currimundi franchisee Kimberley Birch is selling the store for $1.
Donut King Currimundi franchisee Kimberley Birch is selling the store for $1. John McCutcheon

She said she bought it for $15,000 and then paid about $18,000 for compulsory training with franchiser Retail Food Group.

"I've had businesses before and always done reasonably well," Mrs Birch said.

However, arthritis-related issues have put her in constant pain.

"All of my discs are crumbling away."

She can't close the business because of a lease agreement that doesn't end until 2019.

Efforts to sell the business began about 12 months ago.

The asking price has dropped from about $30,000 to $1.

"It's depressing, very depressing."

Mrs Birch said the business would suit a family prepared to put in big hours.

"Unfortunately we couldn't build it up quite enough to run it under management."

She currently does a minimum of 40 hours a week and does not open on Sundays.

"The more they are willing to do, the better their bottom line is going to be."

She said the training cost would apply to any buyer and involved five weeks of training at the Gold Coast.

For more information call Mrs Birch on 0425 001 157.


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