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High Volume Edible Arrangements Franchise In California - North For Sale

California - North, US
Asking Price:
$199,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$718,062
Cash Flow:
Available on request

Established in 1999, Edible Arrangements started franchising two years later. It now has over 1,300 locations in the United States and ten other countries. It has become the gift of choice for birthdays, anniversaries and other special occasions for people looking for a healthy, distinctive gift.

This store in the Central Valley is the only one in the area and has an open territory for expansion. In 2022 it produced 9,738 orders for a total revenue of $718,062 at an average price over $89. Seventy-two percent of the orders were delivered. The business has a manager, four production/customer service staff and two drivers. Two delivery vans are included in the sale. Well run stores have a cost of goods less than 20%. Stores with owner operators have substantially lower payroll costs.

The seller bought the store in January 2018 and has been mostly absentee. He has a job that takes him to other parts of the country and overseas occasionally. He now has an opportunity in different field and is motivated to sell his store and start a new career.

Property Information

Real Estate:

Lease

Lease Terms:

Lease goes until March 5, 2028. New lease avaiable.

Leasehold Rent:

$35,412 per annum

Location:

Located in a major shopping center in a larger Central Valley city.

Premises Details:

The premises consists of 1,026 sq. ft. in a customer area and large production room. The rent is less than $3 per sq. ft. including NNN charges.

Size in square feet:
1,026

Business Operation

Expansion Potential:

There's an open territory for expansion.

Competition / Market:

No competition for over 70 miles.

Reasons for selling:

The owner has always been mostly absentee. He has a job opportunity back East and wants to sell the store and start a new career..

Trading hours:

Mon - Fri 9:00 - 5:00; Sat 8:00 to 5:00; Sun Closed

Employees:
4 f/t & 3 p/t
Years established:
2013

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

Training and marketing support provided by the franchise.

Inventory / Stock value:
$2,000 - included in the asking price