Edible Arrangements Franchise

Price: $235,000

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: $560,000

Cash Flow: $114,000

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

[email protected]
(301) 215-9288
Address:
7735 Old Georgetown Rd., Suite 910 Bethesda, MD 20814

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