Seller's Contact Information
- RE: Delectable Gifts Beautifully Arranged
- Contact: Linnea Westlake
Quick Facts
| Asking Price: | $180,000 | |
| Annual Revenue: | $564,684 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $133,147 | |
| Total Debt: | Not Disclosed | |
| FF&E: | 30,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2006 | |
| Employees: | 10 | |
| BBN Listing #: | 896033008 | |
| Broker Reference #: | 2401-493947 |
Business Overview:
Very Profitable: Dessert and Gift Franchise – North County San Diego. Local Owner Operator for best fit. Easy operation to manage, not a fast food enterprise.
Nice opportunity to own an established franchise that is consistently profitable despite current economic conditions. Brand is continuously innovating with new offerings and franchise system is well known with approximately 1000 outlets nationally. This franchise enjoys very strong google and yelp reviews.
It offers a cheery and tasty concept allowing for creative expression yet a systematized process. Delight customers who place orders on-line, by phone and in store with imaginative gifts for their friends, family and business associates any time or for the holidays and special occasions. 90% of orders are automated with minimal staff involvement. Operations are supported by extremely robust technology platform that automates order management and facilitates remote management.
The business is not dependent upon walk in traffic and current owners do not emphasize it but growth through local marketing is possible.
Store operates from 9-5pm M-S and 9-1pm Sun with 3-5 part time employees - most with significant tenure. Also 2 contract drivers. Wages are between $15 and $16/hour. Part-time owner operator currently functions as the manager. However, a manager could be added for $30k-$35k per year should buyer prefer a more absentee situation. Current owner is open to supporting the transition - even on a long term basis.
1440 square foot location is in very good condition and rents for $4226/mo. plus CAM of about $500 (includes water/garbage). FFE Estimate: $30k. Delivery Van (2017 Ford Transit Connect – Refrigerated) to transfer - value range $30-40k. Inventory Estimate $4-6k. Franchisor provides active support and a robust technology platform.
Buyer preferred to be local San Diego and majority stakeholder must be US Citizen or Green Card.
Business is performing very well and has been consistently very profitable 2022 Proforma Gross: $564,684.94 SDE: $133,147.40. NO SBA. $120k down. Seller will carry up to $60k of asking for buyers with good credit. Priced to Sell: $180,000.
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Property Features and Assets:
Monthly Rent: $4,103.15 Square Units (Foot, Meter): 1,440 Lease Expiration Date: January 31, 2023, 12:00:00 AM Terms Options: yes, to 10/31/2026
Market Competition and Expansion:
Expansion: Local Marketing
Reason for Selling:
other commitments
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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