Five Unit Edible For Sale For $650,000 - Business Making $2,920,000/yr

Five Unit Edible Arrangement Franchise

Financial Information

  • Asking Price: $650,000
  • Gross Revenue: $2,920,000
  • Cash Flow: $270,000
  • Down Payment: NEGOTIABLE
  • FF&E (Included): N/A
  • Inventory: N/A
  • Financing: Yes

Business Location

  • Confidential
  • Rhode Island
Primary Business Category: Gift, Novelty, and Souvenir Stores

A well-established network of five Edible Arrangement stores strategically located to produce synergies and economies of scale. Edible is one of the most recognized brands in America with a 93% brand awareness. This network of stores has consistently generated excellent cash flow - ** It is doing especially well now during the pandemic** . The Edible business model is built around delivering high-quality food items quickly. Recently, Edible has re-designed its stores and added new products to broaden the appeal of the menu beyond products that revolve around traditional holidays and celebrations.


Competition Description

Primary competition is from online flower delivery services that have branched out to food delivery but they do not have the range of products that the Edible stores have.


Support / Training Comments

The owner is willing to provide training for a limited amount of time to help the new owner. The franchisor provides comprehensive training to new franchisees.


Reason For Sale
Retirement
  • Home Based: No
  • Franchise: Yes
  • Year Acquired: 2003
  • Willing to Train: Yes
  • Relocatable: No
  • Required Licences:

  • Is Property Leased: Yes
  • Real Estate Available: Yes
  • Real Estate Included: No
  • Real Estate Value: $450,000
  • Real Estate Asking: NEGOTIABLE
  • Days Open: Mon-Sun
  • Hours Open: 9-7
  • Fulltime Employees: 5
  • Part time Employees: 35
  • Is Management Staying: No
  • Distressed: No
  • Monthly Payroll: ON REQUEST
  • Building Size: 11,700 sq ft
  • Monthly Rent: $15,225
  • Lease Miscellaneous: One location for sale or lease other locations leased

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Business Listed by

Sunbelt Boston and Providence

Contact: Joshua Meltzer
Office Phone: 8574008420
Mobile Phone: 617-500-5250
Listing ID: BOSTOMA002-N19

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Disclaimer: No salesperson, field representative or other person has the authority to make a statement, promise or assurance concerning any matter related to the franchise that is contrary to, or different from, the information/terms contained in the Franchise Disclosure Document/Franchise Agreement. Any such statement, promise or assurance is unauthorized, unwarranted and unreliable. If you believe someone has made an unauthorized statement, promise or assurance to you, please contact Jessica Czekalinski, Esq. at 216-674-0645 ext. 619.