Edible Arrangements Franchise Absentee 8662

Mountain View, CA (Santa Clara County)

Edible Arrangements Franchise Absentee 8662
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Asking Price: $270,000

Cash Flow: $140,741

Gross Revenue: $442,803

EBITDA: N/A

FF&E: $35,000

Inventory: $2,000

Rent: $3,850 /Month

Established: 2012

Edible Arrangements Franchise Absentee 8662

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Business Description

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
Rent $3,855 NNN $883 Bldg. Size (Sq. Ft.) 1,500 Lease Expires 4/3/2020
One Option for 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
Farley Gouner CA DRE 0127117 Ph: 408-385-0402 farley@business-team.com

Attached Documents


Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,500
Lease Expiration:
4/3/2020
Employees:
2 FT 4 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Rent $3,855 NNN $883 Bldg. Size (Sq. Ft.) 1,500 Lease Expires 4/3/2020 One Option for 5 years
Support & Training:
2 weeks for 40 hours per week
Reason for Selling:
Lives in LA too far to manage
Franchise:
This business is an established franchise
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Farley Gouner

Business Listed By:
Farley Gouner

Business Team

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in The California Association of Business Brokers (CABB).

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