Turn-key, High Profit Retail Franchise in Corpus Christi, Texas

Corpus Christi, TX (Nueces County)

Seller Financing Available
Turn-key, High Profit Retail Franchise in Corpus Christi, Texas
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Asking Price: Get Financing: $449,000

Cash Flow: $164,000

Gross Revenue: $571,000

EBITDA: $164,000

FF&E: $51,000

Inventory: $5,000

Lease Rate: N/A /SF

Established: 2010

Turn-key, High Profit Retail Franchise in Corpus Christi, Texas

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Business Description

For sale: Easy to operate franchise store. Consistently ranked very high in sales among all national locations. Average annual revenue of $580k, over 20% higher than national franchise average, due to location and team.

This represents an excellent opportunity for an individual that wants to enter a growing industry in a business that requires limited staff supervision and produces stable earnings.

The franchise creates attractive gift baskets filled with healthy fresh fruit arrangements made daily and delivered promptly. Operates under one of the most well-known and stable brands in the country and offers customers a value-oriented experience. The franchise is consistently ranked in various “Best of” lists for franchisees due to brand recognition, continuous product innovation, mature systems and standards, and robust franchisee support.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,000
Lease Expiration:
N/A
Employees:
1FT, 4PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Well kept facilities in a good location. $1,000 sq ft in a shopping center located on a busy main road in central Corpus Christi. The owner invested $101,000 in equipment, hardware and leasehold improvements in 2014.
Competition:
Brand is the dominant player in the market and is currently executing on a strategy to significantly expand product line, acquire new customers and drive new sales.
Growth & Expansion:
There is substantial upside potential with this franchise - in 2018, a significant marketing rebrand is underway to increase product lines. New CEO entered in July 2018 with the goal of growth to $1M to $1.5M in annual per store sales.
Financing:
Available for the right buyer
Support & Training:
Yes
Reason for Selling:
Consolidate other business debt
Franchise:
This business is an established franchise
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Contact the Seller

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Lawrence (Larry) Schumann, M&AMI, CBI

Business Listed By:
Lawrence (Larry) Schumann, M&AMI, CBI

Corporate Investment

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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. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Merger and Acquisition Master Intermediary (M&AMI) is a professional certification awarded to Intermediaries who've achieve very stringent educational and professional requirements. M&AMI's agree to abide by an ethical code of conduct when working with business owners and buyers. The TABB Certified Business Broker certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the TABB.


Listing Statistics for Premium Members

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