Edible Franchise Listed By Sunbelt Business Advisors
Maryland
| Asking Price: | $170,000 |
| Gross Revenue: | $525,000 |
| Rent: | $1,684/Month |
| Established Year: | 2011 |
| Cash Flow: | $109,000 |
| Inventory: | $4,000 |
| FF&E: | $33,000 |
Listing ID: 1908052Listing provided by BizBuySell
BUSINESS DESCRIPTION
Join one of the fastest growing franchise with over 1,000 locations. The brand has over 93% awareness and 85% of orders are generated from Edible website. Food cost and overhead are good. Rent is extremely low and makes this business more attractive.
DETAILED INFORMATION
Location
Maryland
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,000
Lease Expiration
31/05/2026
Employees
6
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The business is surrounded by national brand retailers and operates in 1000 square feet store with good visibility. There are plenty of free parking and customer convenience. Rent is very low and attractive.
Competition
There is no other player to compete with this franchise. The franchisor has patents and trademark protected and the are no other player to carry Edible products.
Growth & Expansion
The business revenue could grow much higher if new owner increases more marketing and promotion and particularly reaching out to event organizer, and more of direct and social media marketing. Also, a full time owner/Operator could help the growth of business.
Financing
Lease term has an additional 5 years renewal option
Support & Training
No experience is required! Franchisor provides training at their franchise headquarter in Atlanta. Owner provides additional two weeks of traning at the store.
Reason for Selling
Owner is downsizing and getting ready for retirement.
Franchise
This business is an established franchise
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