Phone: (301) 215-9288
Price: $473,000
Location: Maryland
Industry: Retail
Listing ID: Montg-MZ LS 667
This is a fantastic fruitful franchise opportunity for investor who would like to enjoy high profit loves art of fruit decorating and arrangements. Edible has an incredible brand awareness of 93%, more than 1000 locations worldwide, and growing fast. Time is right to acquire an existing and successful franchise and make significant income from day one. Edible robust e-Commerce site drives awareness for the brand, and Almost 85% of orders are generated from edible website. Food cost is low, overhead, and labor percentage to revenue is desirable. The business is qualified for SBA financing to qualified buyer with 20% down payment.
Listing Details
Revenue: $888,000
Cash Flow: $210,000
EBITDA: $175,000
FFE: $35,000 (Included in Price)
Inventory: $8,000
Real Estate: (Not Included in Price)
Seller Financing: Available
Lender Pre-Qualified?: Yes
Franchise?: Yes
Reason For Sale:
Downsizing to get ready for retirement
Training & Support:
No experience is required! The buyer will receive training on the operation of the business from franchisor at the franchisor headquarter in Atlanta. The Seller will also provide additional training during transition period.
Operation
Year Established: 2006
Employees: 9
Location
Monthly Rent: 4555
Type of Location: Shopping Center
Square Footage: 1563
Facilities Information:
The business is located in an attractive shopping center with several national brand retailers. There is extremely high traffic in this plaza and the store has an excellent visibility.
Summary
Competition:
Experience Franchisor created this brand and there are no other players to compete with this franchise in aspects of the products, technology, equipment, and supplies. Patents, and trademarks are proprietary and vigorously protected.
Potential Growth:
Edible has potential for high volume business year-round, especially during holidays and special gifting occasions. Franchisor added more attractive products in recent years and customers have an opportunity to walking and pick up ready made gift. There is an opportunity to increase revenue by adding more corporate customers, work with catering and banquet and event organizer to grow revenue.
Financing/Terms:
The business is qualified for SBA financing with 10%-20% down payment.
(Mike) Majid Zarinbaksh, MBA, CBI, M&AMI
majid@sunbeltnetwork.com
(301) 215-9288
Address:
7735 Old Georgetown Rd., Suite 910
Bethesda, MD 20814