Franchise Fruit Bouquet

Not Disclosed, MI
Wayne County

Asking Price: Annual Revenue:
$230,000 $324,272

Retail: Florists, Gifts, Cards, Books

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RE: Franchise Fruit Bouquet Broker: Seller of Business
Owner Financing is Available!
Owner financing available with $80,000 down.

Quick Facts

Asking Price: $230,000
Annual Revenue: $324,272
Net Profit: Not Disclosed
Cash Flow: $94,776
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2013
Employees: 7
BBN Listing #: 54322679
Broker Reference #: B2604

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Business Overview:

Edible Arrangements is a franchise company that sells and delivers fresh fruit & gourmet chocolate bouquets, smoothies, flowers, cookies, cupcakes and much more. These are a wonderful, healthy, and welcome alternative to floral arrangements. There are appropriate and tasteful arrangements for all occasions including weddings, bridal and baby showers, birthdays, holidays, sympathy and much more. There are a 1000+ locations worldwide, of which 30+ are in the State of Michigan and 20+ of those are in S/E Michigan with a 93% brand awareness. Each franchisee has an assigned, defined territory. The potential buyer must be approved by the franchisor and seller. There is a two-week training period that occurs in Connecticut. The transfer fee is approximately $10,000 and is to be paid for by the buyer. Ongoing royalties are 5% of gross sales, National Advertising is 3.5% and the EA Connect Fee (for corporate website orders) is 6-6.5% depending on the volume. Included with the sale is a 2021 Dodge ProMaster refrigerated delivery van which is leased by the seller and will be transferred over to the buyer. The website and Facebook page are managed by the franchisor who distributes the orders to the appropriate franchise territories. This location is in Suburban Wayne County. Seller’s Discretionary Earnings (SDE) for 2020 was $94,776 without the current owner involved in the day-to-day operation. The current owner also has some zip codes disabled within the assigned territory. An owner-operator has the potential of generating a much higher cashflow.

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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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