Big price drop- Queens Edible Arrangements

Not Disclosed, NY
Queens County


Asking Price: Annual Revenue:
$199,000 $559,660

Food & Beverage: Miscellaneous


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RE: Big price drop- Queens Edible Arrangements Broker: Carey Davis

Quick Facts

Asking Price: $199,000
Annual Revenue: $559,660
Net Profit: Not Disclosed
Cash Flow: $90,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2007
Employees: Not Disclosed
BBN Listing #: 118135879
Broker Reference #: 70841-308996

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Business Overview:

New lower price with seller financing.Earn nearly 100K per year! Edible Arrangements in Southeastern Queens. When someone needs a birthday gift, wedding favors, a holiday centerpiece, or even a little something just because, they just give the store a call and -- one of the Fruit Experts® will be happy to help. The store is located near wonderful residential neighborhoods of Southeastern Queens, plus heavily populated areas in and around JFK.

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Property Features and Assets:

8 years remain on the lease. 950 Square Feet, plus basement. Rent is approximately $4,500 per month with real estate taxes included. This store recently completed $80,000 of stunning improvements when it moved less than a mile away to a new high profile location. A new owner also gets a database of 11 years. Edible Arrangements in South Queens first opened in March 2007. Ever since, we’ve been helping people in our local community celebrate. Our fruit arrangements and gifts are always freshly-crafted using fruit that's grown and picked to our Fruit Expert® standards. And, we have the best variety of gourmet chocolate Dipped Fruit™, too! Customers also enjoy fresh fruit treats on-the-go The newly updated location features fresh fruit smoothies, fruit salads, fruit parfaits, Edible Pops®, or any one of our other delicious fresh fruit snacks!

Market Competition and Expansion:

This delightful store is in a great neighborhood close to JFK, hospitals, churches, synagogues and mosques. A family owner-operator can be much more involved with the local community and GROW! Project profits soar to nearly $100,000 with a owner-operator family operation. Edible Arrangements! The fresh retail, delivery and gift alternative. It's exclusive. Buying this existing franchise makes much more sense than starting from scratch! Smart, loyal and knowledgeable employees. (IMPORTANT: When you visit the store DO NOT talk with employees with any business questions. Communicate ONLY with the Broker. The broker and sellers of the store are happy to answer any questions).

Reason for Selling:

Retiring

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 not a franchise resale opportunity.

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