Edible Arrangements - High Performing Store!

Pacific

Edible Arrangements - High Performing Store!
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Asking Price: $130,000

Cash Flow: $93,000

Gross Revenue: $469,000

EBITDA: N/A

FF&E: $25,000

Inventory: $5,000

Rent: $4,887 /Month

Established: 2009

Edible Arrangements - High Performing Store!

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Business Description

CAN IT GET ANY BETTER?? Edible Arrangements has expanded the menu beyond its famous fruit arrangements to now include fresh baked cookies, cheesecake and fruit smoothies.

In addition to the addition of new products, the new Edible Arrangements CEO is also moving a significant portion of marketing from the national level to the local level. This regional marketing effort will include a stronger social media presence.

This store is located in a large, attractive outdoor mall in Southern California. It has been continuously owned and operated by the same individual since its inception as a new franchise location in 2009. The owner is selling due to business partner desires. The owner has owned several franchise locations in the past and has received "multiple-store" owner awards and honors from the franchisor.

This store has posted solid revenues and profitability since inception. The seller is offering training which will complement the mandatory training required of all new franchise owners at the corporate headquarters.

Edible Arrangements boasts an incredible 89% brand recognition. Edible Arrangements is the category creator of, and industry leader in, fresh fruit bouquets which are designed to look like floral arrangements. This product offering has served the franchise well, but the new CEO vision includes increased revenues and profitability. The fruit bouquets will now be complemented by and expanded smaller, on the go individual menu items. And did we mention the fresh baked chocolate chip cookies?

This sale is subject to Franchisor approval.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,439
Lease Expiration:
5/1/2020
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business occupies 1,439 square feet in a large, modern, open air mall with national anchors. The current monthly lease including CAMS and The current lease term expires May 2020 and is renewable for 5 or 10 years.
Competition:
Little direct competition exists due to unique product offering however general gifting and special occasion products do offer competition.
Growth & Expansion:
Revenue increases would likely be experienced via increased marketing and sales efforts to corporate clients such as hospitality, auto dealerships etc. The franchisor is also expanding the menu lower to include lower priced offerings suitable for individual consumption and new offerings such as cookies and smoothies.
Support & Training:
Seller will provide 2 weeks training in addition to the mandatory 1 week required at Franchisor corporate headquarters in Atlanta, GA.
Reason for Selling:
Business Partner wants to divest business
Franchise:
This business is an established franchise
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Contact the Seller

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Edward Anderson

Business Listed By:
Edward E Anderson

Sunbelt Business Brokers of Los Angeles/Whittier/Fullerton

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Sponsoring Broker:
John J Moser

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