2 Edible Arrangements Franchises Including Edible To Go Storefronts

Alexandria, VA (Alexandria City County)

2 Edible Arrangements Franchises Including Edible To Go Storefronts
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Asking Price: $550,000

Cash Flow: $170,000

Gross Revenue: $930,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $9,000 /Month

Established: 2013

2 Edible Arrangements Franchises Including Edible To Go Storefronts

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Business Description

Fruit Bouquets, Desserts, Gifts

Wonderful opportunity to purchase two adjacent well established/high traffic Edible Arrangement franchises in Alexandria, Virginia, consisting of over 1M in population. Both store fronts were built brand new, including full upgrades and the new Edible To Go product line (Smoothies, Dipped Fruit Cones, Fruit Salads, Fruit Parfaits, etc). Nationally recognized, Franchise 500 chose Edible as a "Best of the Best" franchise in 2017. These stores create unique fresh fruit arrangements and gift boxes of chocolate dipped fruit for any occasion. Very popular for corporate gifts, special occasions, or for anyone that desires fresh, healthy and tasty treats. Customers conveniently order in-store, online or by phone.

Detailed Information

Real Estate:
Leased
Building SF:
2,400
Lease Expiration:
N/A
Employees:
10
Facilities:
Sale includes two store fronts consisting of a combined 2400 sq ft with brand new equipment. Stores were built in 2013 & 2018. The materials, labor, and equipment to start the businesses are valued over $600k.
Growth & Expansion:
Adjacent stores with higher than usual profitability due to shared resources and economies of scale. One of the stores is 1 year young with potential to grow 30-40% in sales. .
Support & Training:
Strong foundation for new owner to learn the operation through a combination of Edible Arrangement corporate franchisee training and field support, coupled with transitional support as mutually agreed between buyer and seller. These two stores are fully staffed with well trained employees. Employees have been with the business since inception.
Reason for Selling:
Owners have full-time jobs, multiple business ventures, spread too thin.
Franchise:
This business is an established franchise
Business Website:
http://www.ediblearrangements.com
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Business Listed By:
Steven Wagoner

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