YOUR BUSINESS AUTHORITY
Springfield, MO
In a unique entrepreneurial move, a longtime Springfield nonprofit is now the owner of a food truck. The Arc of the Ozarks purchased A.M. Donuts & Coffee LLC.
Mike Powers, president and CEO of Arc of the Ozarks, said the food truck would provide work and training opportunities for its clients with disabilities while continuing to serve doughnuts and morning beverages at various sites in the area.
"We do a wide range of job services and assisting individuals in finding jobs," Powers said, noting the A.M. Donuts & Coffee purchase represents an "entrepreneurial opportunity" for the nonprofit's clients.
He declined to disclose the financial details of the asset purchase agreement with food truck founders Angela and Andrew Morton. The Mortons, who started the business, in 2017, announced the sale in an April 1 Facebook post.
Powers said he knows the Mortons through church, and last year, Andrew was hired as behavior consultant for Arc of the Ozarks.
"The Mortons are going to continue to assist us," Powers said. "They've got all the connections and the contacts."
Powers said A.M. Donuts & Coffee will be active throughout the Springfield area, including Farmers Market of the Ozarks.
The name of the business will remain in place, Powers said, pointing to the goal of offering entrepreneurial skills to its clients.
"We want it to blend in with other businesses," he said.
Working with a $57 million annual operating budget, Powers said The Arc of the Ozarks provides residential, educational, advocacy and other services for people with disabilities.
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