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Edible Franchise

Baltimore County, MD

Seller Financing Available

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Asking Price:$100,000
Gross Revenue:$390,678
FF&E:$35,000
Cash Flow:$41,000
Inventory:$4,000
Established Year:2015
Listing ID: 1873124Listing provided by BizBuySell
BUSINESS DESCRIPTION

this is a business you love! low food cost and high margin with all employees in place. 75% of orders are coming through internet and website. Food cost is only about 25% of revenue which is very impressive. Rent expensed terms are attractive. If you are looking to own a high margin, low overhead, and healthy food business with high cash flow, this might be a perfect fit for you. The company sells Fruit Arrangements, Chocolate Dipped Arrangements, Chocolate Covered Fruit Boxes, and many more variety of Gift Baskets.Franchisor has been very creative and recently add more variety of products. Sales growth has been impressive in 2020 and still growing in 2021.

DETAILED INFORMATION
Location
Baltimore County, MD
Inventory
Included in asking price
Building SF
1,050
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The business operate from 1,050 SF of space in an attractive location surrounded with businesses and residential.
Competition
The business has variety of irresistible products and provides an outstanding customer service to customers and has 5 star rating. There are some other gift basket businesses on internet but customers love this company because of being local, and part of community. Nationwide brand recognition has been a valuable asset for this business.
Growth & Expansion
Buyer has an opportunity to grow this company by more marketing and probably extended hours.
Financing
Seller can provide partial financing to qualified buyer
Support & Training
Management will provide two weeks of free training, and also franchisor has an excellent training and support program for new owner. Also, one of partner is willing to stay full time on board based on mutually agreed employments term.
Reason for Selling
Downsizing and Retirement
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(Mike)
Majid Zarinbaksh, MBA, CBI
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(Mike) Majid Zarinbaksh, MBA, CBI
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