||Employees||2 full, 7 part
* Included in Asking Price
PRICE REDUCED ON THIS FANTASTIC LOCATION!
This store is immaculate and extremely well organized. Asking price is less than the value of fixtures and equipment.
Edible Arrangements boasts an incredible 89% brand recognition. Almost everyone has heard of this brand. If you haven't, Edible Arrangements is the category creator of, and industry leader in, fresh fruit bouquets which are designed to look like floral arrangements. Edible Arrangements' mission is to "WOW the Customer" via fruit bouquets to commemorate and celebrate life's special occasions - anniversaries, birthdays, weddings, milestones, corporate events, theme parties and all other special events, or for no other reason other than the fruit is always succulent and the chocolate is always delicious.
Edible Arrangements has been named one of America's fastest-growing privately held businesses in America by Inc. Magazine, and one of the top franchise systems in Entrepreneur Annual Franchise 500Â® magazine.
This specific franchise is a legacy store situated in a well maintained mall in Southern California with well known anchors. It has been continuously owned and operated by the same individual since its inception as a new franchise location in 2005. The owner has operated this enterprise for the past 14 years and is selling to pursue other interests and opportunities. They are hopeful that a new owner will step forward that will leverage this business to its full potential and continue to serve the customer community with excellence.
Historical revenues have been well above $400k per year until 2018 when the working owner intentionally reduced operating hours. Immediate revenue gains can be realized by extending operating hours to included Sundays and later close dates through the week. In addition to ownership the store employs an additional seven (7) part time employees.
Edible Arrangements franchisees can expect solid support from the corporate office via marketing, technology and new product development. This is a creative, high energy organization that is continually looking for ways to improve and create and maintain a competitive edge in the Gifting Industry.
The seller is offering training which will complement the mandatory training required of all new franchise owners at the corporate headquarters.
Edible Arrangements claims that franchise owners are "passionate about fruit". Whether or not you are passionate about fruit, the income and lifestyle benefits offered by this franchise location will definitely be something you can be passionate about.
This sale is subject to Franchisor approval.
Required Licenses: ServSafe, Seller Permit, Business Lic
Real Estate Number: 02071556
|Competition:||Direct competition is limited. Overall competition comes via gifting, special occasions products.|
|Growth Potential:||Through all of 2018 and YTD 2019 the store was closed on Sunday and open hours were reduced by 2 hours per day Monday - Friday.
Immediate revenue gains can be achieved by opening during these days and hours.|
|Training/Support:||Seller will offer 2 weeks training in addition to the mandatory 2 week training at Franchisor headquarters in Atlanta, GA.|
|Sale Reason:||After a long career in retail food service owner is selling to pursue other interests.|
Seller Reference #LOSWHIT001-N19
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