Edible Arrangements High Volume Store Southern California

Pacific

Edible Arrangements High Volume Store Southern California
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Asking Price: $215,000

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 Volume Store Southern California

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Business Description

Edible Arrangements boasts an incredible 89% brand recognition. Almost everyone has heard of this brand. If you haven’t, Edible Arrangements is the category creator of, and industry leader in, fresh fruit bouquets which are designed to look like floral arrangements. Edible Arrangements’ mission is to “WOW the Customer” via fruit bouquets to commemorate and celebrate life’s special occasions – anniversaries, birthdays, weddings, milestones, corporate events, theme parties and all other special events, or for no other reason other than the fruit is always succulent and the chocolate is always delicious.

Edible Arrangements has been named one of America’s fastest-growing privately held businesses in America by Inc. Magazine, and one of the top franchise systems in Entrepreneur Annual Franchise 500® magazine.

This specific franchise store is situated in a very large modern outdoor mall in Southern California with well known anchors. 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 achieved strong revenues and profitability since inception.
Edible Arrangements franchisees can expect solid support from the corporate office via marketing, technology and new product development. This is a creative, high energy organization that is continually looking for ways to improve and create and maintain a competitive edge in the Gifting Industry.

The seller is offering training which will complement the mandatory training required of all new franchise owners at the corporate headquarters.

Edible Arrangements claims that franchise owners are “passionate about fruit”. Whether or not you are passionate about fruit, the income and lifestyle benefits offered by this franchise location will definitely be something you can be passionate about.

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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