Phone: (301) 215-9288
Price: $595,000
Location: Maryland
Industry: Retail
Listing ID: MONTGOD006-N438
This is a fantastic fruitful franchise opportunity for investor who would like to enjoy over $262,000 annual cash flow. Edible has an incredible brand awareness of 93% and 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 75% of orders are generated from Edible website. Food cost is around 20% only, and overhead, and labor percentage to revenue is low.
Listing Details
Revenue: $860,857
Cash Flow: $298,910
EBITDA: $258,910
FFE: $33,678 (Included in Price)
Inventory: $5,000 (Included in Price)
Lender Pre-Qualified?: Yes
Franchise?: Yes
Reason For Sale:
Downsizing in advance of retirement.
Training & Support:
The buyer will receive comprehensive training on the operation of the business from franchisor for 7 days at the franchisor headquarter in Atlanta. The Seller may also provide additional training during transition period.
Operation
Year Established: 2011
Days & Hours of Operation: Monday- Saturday 9:00am-5:00pm, Sun 10:00am-3:00pm
Owner Hours Per Week: 15 hurst's
Non-Owner Payroll: $15,021
Employees: 6
Location
Lease Option: 2X5 years
Monthly Rent: 2206
Type of Location: Shopping center
Square Footage: 606
Facilities Information:
The business is located in one of the most popular and successful mixed-use retail destination and surrounded by popular national brand retailers. Low square footage and low rent makes this business more attractive. Current lease term has two five years options for renewal.
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. There is an opportunity to increase revenue by adding more corporate customers.
(Mike) Majid Zarinbaksh, MBA, CBI, M&AMI
[email protected]
(301) 215-9288
Address:
7735 Old Georgetown Rd., Suite 910
Bethesda, MD 20814