Popular Edible Arrangements Franchise - Motivated Sellers!
Financial Information
- Asking Price: $120,000
- Gross Revenue: $427,846
- Cash Flow: $67,097
- Down Payment: $110,000
- FF&E (Included): $75,000
- Inventory: $5,000
- Financing: Yes
Business Location
- Kanawha
- Charleston
- West Virginia
A successful franchise that has had great success before and during the pandemic due to a robust web site and delivery network. Absentee owners are motivated to sell and have priced the business below the cost to open a new franchise location. This business is located in a busy, well established center and has developed a strong reputation with many returning customers. A good opportunity for an absentee owner and perhaps a greater opportunity for an owner operator willing to work for a six figure return.
Competition Description
Business offers a unique product that has become very popular. It is Protected by large well populated franchise territory. Adjoining vacant franchise territories provide additional sales due to lack of competition in surrounding area.
Growth / Expansion overview
Opportunity to grow with additional products that compliment current offering. Also room to grow with adjoining franchise territory. Business has shown growth in 2020 in spite of shutdown from pandemic in spite of spring shutdown. Poised to end the year strong. Expecting record numbers during busy spring season in 2021 and beyond.
Support / Training Comments
Franchise provides 2 weeks training for owner at no charge. Franchise also provides great support for all aspects of the business. Current owners are willing to train and to step in as needed to assure a smooth transition.
Financing Comments
Seller is willing to finance $50,000 @ 6 % interest for 5 years (60 months) for qualified buyers.
Reason For Sale
Several partners enjoyed the benefits provided by this profitable business as absentee owners for several years with minimal involvement in the operation. They feel the business can perform much better with an owner who is operationally involved.- Home Based: No
- Year Established: 2006
- Franchise: Yes
- Year Acquired: 2006
- Willing to Train: Yes
- Relocatable: No
- Required Licences:
- Is Property Leased: Yes
- Real Estate Available: No
- Real Estate Included: No
- Real Estate Value: N/A
- Days Open: Monday-Saturday
- Hours Open: 9 AM - 5 PM
- Fulltime Employees: 2
- Part time Employees: 6
- Is Management Staying: Yes
- Distressed: No
- Monthly Payroll: ON REQUEST
- Building Size: 1,459 sq ft
- Seats: 0
- Parking: Shopping Center Parking
- Monthly Rent: $1,993
- Additional Terms: 6% of Gross Sales in excess of $700,000 per year.
- Lease Expires: 06/30/2021
Business Images
