Edible Arrangements Franchise Opportunity

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Profitable Edible Arrangements Franchise Opportunity
Asking Price:
$155,000

Gross Revenue:
$530,000
Cash Flow:
$75,000
EBITDA:
$75,000
Inventory:
$4,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Description

PRICE REDUCED FOR QUICK SALE! Edible Arrangements in Alameda County. This franchise opportunity was purchased by the current owners. The setup to bring fresh fruit grab n go treats to their customers in addition to the great fresh fruit gift items they've been producing for many years.
IMPORTANT NOTE: Buyer is responsible for all franchise transfer fees and training required by EA corporate.
Buyer is also responsible for all remodels and/or upgrades necessary as required by EA corporate. Remodel may include new cabinets in the lobby, new equipment necessary for smoothies (blender and ice machine), new paint in lobby, new signage, new vehicle wraps, new computer server, freezer for cheesecakes, oven for cookies, and any other items deemed required by corporate before approving the sale.

The franchise company prides themselves as a true Omni-Channel business model by combining robust e-commerce with a national footprint of storefronts connected to communities across the US and Canada. Their fresh fruit-based menu of gifts and treats supports Wellness as a Lifestyle and they are always working to bring products and services to consumers that meet their needs and align with current trends.

The products appeal to customers of all economic means as the product price range meets the needs of everyone interested in unique, healthy gift ideas for special celebrations.

Important: Please print and sign the Non-Disclosure Agreement (NDA) sign and email for more information.

Gross Sale: $530,000
Net: $125,000
Rent: $3500 Plus NNN: $770
Payroll: $12,000
COG Aprox: $12,000
Advertisement: $2800 Month
Other Exp: $6000 Monty
Electric Aprox: 550
Employees: 10 per times
Lease: 2 years left
Option: 5 years

The financial information was supplied by the seller and has not been verified by the broker. The broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

About the Business

Location:
Pleasanton, California
Number of Employees:
10
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
1,205
Rent:
$4,300.00 Per Month
Lease Expiration:
10/31/2020
Facilities:
Edible Arrangements is housed in a well maintained and cleaned envorment and beautiful storefront. All furniture, fixtures, and equipment are in good to excellent shape. The space itself is clean, well maintained, comfortable, and appealing to customers.
This business is located on a very busy commercial section. The store is located in a popular commercial strip mall, easily accessible from highway. Ample parking is available for this shop as well as for the neighboring retail stores, fast food restaurants, grocery and convenience stores.
Website:
www.lemaracommercial.com
Market Outlook/
Competition:
The Edible arrangement specialty gift retail industry in Northern California is robust due to a large population and strong income demographics. The strength of Edible Arrangements is its web presence for the availability of online ordering complemented by a brick and mortar storefront to accommodate walk-in and drive-by traffic as well. Direct home, work, or function venue deliveries maximize the positive customer experience.
Edible Arrangements itself is continuing to grow in many new market areas due to continuously increasing demand for its specialty offerings. Franchise territories are protected yet not unduly restricted.
Growth & Expansion:
The current owners believe that they have not taken full advantage of the potential success of in-store treat sales. There is a lot of potential revenue to be realized with grab n go items like fruit cups, chocolate dipped fruits, smoothies, etc. which the current owners have not taken advantage of.
Although the franchise company supports and produces a solid national marketing presence, more local marketing is needed via print advertising, community involvement, and more direct promotional work.
Efficiencies in the production area can be enhanced by additional training.
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About the Sale

Reason For Selling:
Moving Out of State
Training/Support:
Owners willing to train for two weeks after the transfer of the business at no charge. There is also ample training support available from the franchise company.

Listing Info

ID:
1577954
Ad Detail Views:
2615

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Business Listed by

AJ Rana, MBA

Lemara Commercial
License# 01724170

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