Specialty Franchise Gift Basket Retailer - 32369

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Franchise Gift and Fruit Retailer
Asking Price:
$310,000

Gross Revenue:
$550,000
Cash Flow:
$130,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$4,000
included in asking price

FF&E:
$200,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

This nationally- known franchise which specializes in fruit baskets, chocolate dipped fruit, fruit salad: fresh-fruit-to-go products, is located at a busy strip mall on Long island. These fruits items are sculpted, artistically, to make highly presentable. The 80% orders are received on on-line. . Certain occasions: Mother's Day, Father's Day and many more, throughout the year, make the business extremely busy. The business will be sold with a van and the other equipments which are worth over $200,000. Seller owns several businesses and now he finds it hard to supervise it. As the sale is fully verifiable, so a new buyer can secure a loan from a bank, by putting down 20% of the asking price. All the existing employees, including the drivers, will stay with a new owner. Seller's net cash flow, after paying all the expenses, is $130,000 a year.

About the Business

Location:
Suffolk County, New York
Year Established:
2009
Number of Employees:
4/2
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About the Sale

Reason For Selling:
Personal

Listing Info

ID:
1640885
Ad Detail Views:
0

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Business Listed by

Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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