$100,000
178 W Olentangy Street
Powell, OH 43065
MLS# 223001197
Status: Closed
1200 sqft


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Property Description
**Please be discreet and do not disturb the ongoing business or employees** Mrs. Turbo's Cookies operates as a 50's themed cookie bar that has been established approximately 5 years at 178 W. Olentangy in Powell, OH. Business is in close proximity to downtown Powell. Fantastic setup, and unique set up that needs to be seen to be appreciated. Sale includes all the furniture, fixtures, equipment, leasehold improvements, plus recipes and the owner will train new ownership. This cookie bar operates in a 1,200 SF retail space. Mrs. Turbo's has a strong online presence helping to create roughly 25% of sales. 2021 sales of approximately $238,000. Financials are available to qualified buyers with signed Confidentiality/Non – Disclosure Agreement. Great upside with expanding hours/offerings.

Details
Maps
Documents
Location & Property Info
City (Mailing Addr): Powell
Corp LimitPerAuditor: Delaware
Location of business is:: Leased
Office/Contract Info
For Sale: Yes
General Property Info
Business Description: Bakery/Cookie Shop
Bldg Sq Ft: 1200
Seller/Business Name: Mrs. Turbo's Cookies
SIC Code: 5461
Years in Business: 5
Days Open: Five
Hours Open: 11AM - 7/8 PM
# of Employees: 8
Time SellerWillTrain: Yes
Reason for Sale: Other Interests
Total Sq Ft: 1200
Lease Expire Date: 2023-08-31
Renewals Available: Yes - 2 - 5 Year
Security Deposit: 1930
Tax Info
Zoning: Commercial
Parcel #: 000000
Tax Year: 2022
Remarks & Misc
Property Description: **Please be discreet and do not disturb the ongoing business or employees** Mrs. Turbo's Cookies operates as a 50's themed cookie bar that has been established approximately 5 years at 178 W. Olentangy in Powell, OH. Business is in close proximity to downtown Powell. Fantastic setup, and unique set up that needs to be seen to be appreciated. Sale includes all the furniture, fixtures, equipment, leasehold improvements, plus recipes and the owner will train new ownership. This cookie bar operates in a 1,200 SF retail space. Mrs. Turbo's has a strong online presence helping to create roughly 25% of sales. 2021 sales of approximately $238,000. Financials are available to qualified buyers with signed Confidentiality/Non – Disclosure Agreement. Great upside with expanding hours/offerings.
Income/Expenses
Gross Income: 0
Net Operating Income: 0
Total Expenses: 0
Addl Acceptance Cond
None Known: 1
Bus Financial Info
From: 2021-01-01
Through: 2021-12-31
Gross Sales: 238800
Cost of Goods: 220700
Gross Profit: 58000
Net Before Taxes: 50000
Sales Includes
Equipment: 1
Inventory: 1
Leasehold IM: 1
Tenant Pays
Insurance: 1
Real Estate Taxes: 1
Auction Info
Auction/Online Bidding Y/N: No
MLS Primary PhotoSrc
Realtor Provided: 1
Sale Info
Seller Assisted Fin: N
Seller/Buyer Concessions: N
Location Property Info
Original List Price: 115000
Sold Price: $100,000
Property Sub Type: Retail
Street #: 178
Street PreDirection: W
Street Name: Olentangy
Street Suffix: Street
County: Delaware
State: OH
Zip Code: 43065
Subdiv/Cmplx/Comm: Cookies/Bakery
Township: None
OfficeContract Info
Status: Closed
MLS Entry Date: 2023-01-16
Status Change Info
Under Contract Date: 2023-03-06
Sold Date: 2023-03-31
Sold Price: $100,000
Property Features
Addl Acceptance Cond: None Known
Sales Includes: Equipment; Inventory; Leasehold IM
Tenant Pays: Insurance; Real Estate Taxes
MLS Primary PhotoSrc: Realtor Provided

Listing Office: Hanna Commercial, LLC
Listing Agent: Gregory J Hrabcak

Last Updated: February - 27 - 2025

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