Phone: (301) 215-9288
Price: $212,000
Location: Maryland
Industry: Retail
Listing ID: MONTGMD006-N439
Join one of the fastest growing franchise with over 1,000 locations. The brand has over 93% awareness and 75% of orders are generated from Edible website. Food cost is only 20%, overhead and labor is very low. Rent is extremely low and makes this business more attractive.2500
Listing Details
Revenue: $525,000
Cash Flow: $109,000
EBITDA: $89,000
FFE: $33,000 (Included in Price)
Inventory: $4,000 (Included in Price)
Lender Pre-Qualified?: Yes
Franchise?: Yes
Reason For Sale:
Downsizing and getting ready for retirement
Training & Support:
Franchisor provides one week of comprehensive training at their franchise headquarter in Atlanta. Owner provides additional two weeks of traning at the store.
Operation
Year Established: 2014
Year of Last Acquisition: 2014
Days & Hours of Operation: Monday- Saturday 9:00am-5:00pm, Sun 10:00am-3:00pm
Owner Hours Per Week: 15-20 hours
Non-Owner Payroll: $11,000
Employees: 6
Location
Security on Lease: 2500
Lease Option: 5 years
Monthly Rent: 1684
Type of Location: Shopping center
Square Footage: 1000
Facilities Information:
The business is located in a shopping center and surrounded by popular brand retailers. Plenty of free parking is available for customers convenience.
Summary
Competition:
There is no other player to compete with this franchise. The franchisor has patents and trademark protected and the are no other player to carry Edible products.
Potential Growth:
The business revenue can grow much higher if new owner increases more marketing and promotion and particularly add more of corporate customers.
(Mike) Majid Zarinbaksh, MBA, CBI, M&AMI
majid@sunbeltnetwork.com
(301) 215-9288
Address:
7735 Old Georgetown Rd., Suite 910
Bethesda, MD 20814