Minnesota's best doughnut shop listed for sale

Minnesota's best doughnut shop is for sale.

What's happening: The owner of Lindstrom Bakery, located in its namesake city about 50 miles northeast of the Twin Cities in Chisago County, is looking to sell so she can retire after 48 years in business.

Flashback: As we reported back in February, Food & Wine magazine included Lindstrom on its list of best doughnut sellers in every state.

What they're saying: A listing, posted by J.H. Callahan & Associates, touts a "turn-key" shop with "excellent branding and name recognition."

What we're hearing: Fans of Lindstrom's Scandinavian doughnuts don't need to fret about an imminent closure. Listing broker George Novak told Torey that owner Bernie Coulombe intends to keep the bakery open until they find someone to take on the business.

• A few potential buyers have reached out, but nothing has come through yet, he added.

The asking price? $485,000.

See the full listing here.