Edible Arrangements Franchise Absentee

Not Disclosed, CA
Santa Clara County

Santa Clara County

Asking Price: Annual Revenue:
$270,000 $442,803

Food & Beverage: Catering, Food Preparation

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RE: Edible Arrangements Franchise Absentee Broker: Michael Floorman
License #: 01160661

Quick Facts

Asking Price: $270,000
Annual Revenue: $442,803
Net Profit: $140,741
Cash Flow: $140,741
Total Debt: Not Disclosed
FF&E: $35,000
Real Estate: Not Disclosed
Year Established: 1/1/2012
Employees: 6
BBN Listing #: 4652931
Broker Reference #: 8662

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Business Overview:

Edible Arrangements Bay Area Absentee BTI # 8662

This is a successful Edible Arrangements franchise with an absentee owner being sold as the owner lives in LA and has several other Edible Arrangements located in the LA area. He can't devote the necessary time between his NCA and his SCA operations. He would prefer to sell this location in conjunction with his other Bay Area store also listed by Business Team BTI 8663. There is a $10,000 onetime training fee for one week in Atlanta Georgia and one week locally and a leased Ford Delivery Van that can be assumed @ $711.38 per month, the business software has a licensing fee @ $110.00 per month.

Sales $442,803 Purchase Price $270,000 Down Payment $270,000
Cash Flow $140,741 For 12 months ending Dec 2018 from P&L Includes 2,000 Inventory
Rent $3,855 NNN $883 Bldg. Size (Sq. Ft.) 1,500 Lease Expires 4/3/2020

One Option 5 Years Employees FT: 2, PT: 4 Owner FT: 0, PT: 0
Reason for Sale SCA resident too far to manage
Hours: Mon - Friday 8-7:00 Sat 8:00-5:00 Sun 10 - 3:00

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Property Features and Assets:

Rent $3,855 NNN $883 Bldg. Size (Sq. Ft.) 1,500 Lease Expires 4/3/2020

Reason for Selling:

Lives in LA too far to manage

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

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