Edible Arrangements Franchise Absentee 8663

Mountain View, CA (Santa Clara County)

Edible Arrangements Franchise Absentee 8663
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Asking Price: $180,000

Cash Flow: $100,909

Gross Revenue: $309,837

EBITDA: N/A

FF&E: $35,000

Inventory: $2,000*

Rent: $2,476 /Month

Established: 2017

*not included in asking price.

Edible Arrangements Franchise Absentee 8663

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Business Description

Edible Arrangements Bay Area Absentee BTI # 8663
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 8662. 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.
Purchase Price $180,000 Down Payment $180,000 Sales $309,837
Cash Flow $100,909 For 12 months ending Dec 2018 from P&L
Includes 2,000 Inventory
Rent $2,476 NNN $400 Owners FT: 0 PT: 0 Employees: FT: 1, PT: 2
Bldg. Size (Sq. Ft.) 1,200 per Landlord Lease Expires 12/31/2026 Option Yrs. 0
Reason for Sale: LA resident too far to manage
Hours: Mon-Friday 8:00/6:00 Sat 8:00/5:00 Sun 10:00/3:00
Farley Gouner CA DRE 01271117 Ph: 408-385-0402 farley@business-team.com

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,200
Lease Expiration:
12/31/2026
Employees:
1 FT 2 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Bldg. Size (Sq. Ft.) 1,200 per Landlord Lease Expires 12/31/2026 Option Yrs. 0
Support & Training:
2 weeks @ 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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