State Fair Mini Donuts Inc.
By DICK YOUNGBLOOD, Star Tribune
Business: Supplies prefried doughnuts and commercial conveyor toasters in which to heat them to a growing list of clients, including movie theaters and community recreation centers.
Founded: 1986
Headquarters: Minnetonka
Website: www.statefairminidonuts.com
Executive: Owner Dan Sher
Employees: 1
2007 revenue: $475,000
Quote: "I've made a lot of bad decisions, but I wouldn't change much because the people I've met have led to opportunities that have brought me to where I am." -- Sher, musing about the nearly 20 years he spent trying to find a viable business model with which to peddle his mini-doughnuts.
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DICK YOUNGBLOOD, Star Tribune
While the Minneapolis-based retailer did not have blockbuster November and December sales, they were better than the company’s third quarter.