Edible Arrangements Franchise Absentee 8663

San Mateo, CA (San Mateo County)

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

Cash Flow: $100,909

Gross Revenue: $309,837


FF&E: $35,000

Inventory: $2,000

Rent: $2,876 /Month

Established: 2016

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: FBT: 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

Detailed Information

Included in asking price
Real Estate:
Building SF:
Lease Expiration:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Bldg. Size (Sq. Ft.) 1,200 per Landlord Rent $2,476 NNN $400 Lease Expires 12/31/2026 Option Yrs. 0
Support & Training:
2 weeks for 40 hours per week
Reason for Selling:
Lives in LA too far to manage
This business is an established franchise
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Business Location

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(from currently available funds)
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Michael Floorman

Business Listed By:
Michael Floorman

BTI Group Inc.

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Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB).

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