Edible Arrangements- TN

Johnson City, TN (Washington County)

Edible Arrangements- TN
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Asking Price: $149,000

Cash Flow: $40,650

Gross Revenue: $323,780

EBITDA: $40,650

FF&E: $95,000

Inventory: $6,000*

Rent: $1,675 /Month

Established: 1999

*not included in asking price.

Edible Arrangements- TN

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Business Description

Edible Arrangements was founded in East Haven Connecticut in 1999. Franchising since 2001, the brand now has 1088 stores in the US and 116 stores abroad, and is the leader in fresh fruit bouquets. Edible Arrangements was ranked number 40 on Entrepreneur magazine's 2013 Entrepreneur Franchise 500 and has appeared on the magazine's list of Top Global Franchises and Fastest-Growing Franchises for five consecutive years. It was also ranked first in category in the Franchise 500 in the years 2007, 2008, 2009, 2010, 2011, 2012, and 2013.

Detailed Information

Location:
Johnson City, TN
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,045
Lease Expiration:
12/31/2021
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
All FF&E in good and working condition.
Competition:
Edible Arrangements has carved out a niche with it's fresh fruit arrangements. Other than traditional florists there is not much competition in the segment.
Growth & Expansion:
Room for growth in brand via new development and acquisition of existing stores.
Support & Training:
Franchisor provides 2 weeks of training.
Reason for Selling:
Other Business interests.
Franchise:
This business is an established franchise
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Carter Asefi

Business Listed By:
Carter Asefi

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