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Busy Edible Store For Sale

Rhode Island, Rhode Island, United States
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Asking Price$149,000
Revenue$633,000 Established2012
Cash Flow$104,000 Employees1 full, 5 part
FF&EUndisclosed FranchiseYes
Inventory$5,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
**** Profitable, well-established and well-managed store in a busy upscale outdoor mall location ****
Fantastic opportunity to own a profitable Edible store for less than you would invest if you opened new Edible franchise location with no income or customers. Wellestablished and well-managed, this store would produce an excellent income for an owner operator.

Real Estate Number: 127961
Competition:The Edible concept is unique and operates in three different business segments, Specialty Food Stores, Gift & Novelty Stores, and flower shops. Territories are granted by the franchisor so there is currently not much competition within the territories by other Edible stores but there is some overlap. Local flower shops and gift stores don’t offer a comparable product and Shari’s Berries is more expensive. The Edible brand has had a profound impact on the fruit bouquet niche.
Growth Potential:Inc. Magazine named Edible as one of America’s fastest growing privately held businesses. Across its 20-year existence, they have managed to achieve an impressive 93% in brand awareness (that means – over 9 out of 10 people are familiar with the Edible brand).
Training/Support:The franchisor provides comprehensive training for new franchise owners. The seller will be available if needed to transition the business to buyer if needed.
Sale Reason:Retirement
Ad #129890
Seller Reference #BOSTOMA002-N28
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Joshua Meltzer
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