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Address: 121 King St, Dameitta, Egypt
Phone: +25-506-345-72
Email: motivoweb@gmail.com

Fruit Bouquet Business

Fruit Bouquet Business

Suburban Wayne County

Listing#: C2604
Description

Edible Arrangements is a franchise company that sells and delivers fresh fruit & gourmet chocolate bouquets, smoothies, flowers, cookies, cupcakes, and much more. These are a wonderful, healthy, and welcome alternative to floral arrangements.  There are appropriate and tasteful arrangements for all occasions including weddings, bridal and baby showers, birthdays, holidays, sympathy, and much more. There are 1000+  locations worldwide, of which 30+ are in the State of Michigan and 20+ of those are in S/E Michigan with a 93% brand awareness.  Each franchisee has an assigned, defined territory. The potential buyer must be approved by the franchisor and seller. There is a two-week training period that occurs in Connecticut. The transfer fee is approximately $10,000 and is to be paid for by the buyer. Ongoing royalties are 5% of gross sales, National Advertising is 3.5% and the EA Connect Fee (for corporate website orders) is 6-6.5% depending on the volume. Included with the sale is a 2021 Dodge ProMaster refrigerated delivery van which is leased by the seller and will be transferred over to the buyer. The website and Facebook page are managed by the franchisor who distributes the orders to the appropriate franchise territories. This location is in Suburban Wayne County. Seller’s Discretionary Earnings (SDE) for 2020 was $94,776 without the current owner involved in the day-to-day operation. The current owner also has some zip codes disabled within the assigned territory. An owner-operator has the potential of generating a much higher cash flow.

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Business Overview

Revenue $324,272
Cash Flow $94,776
Inventory $10,000 +/-
Year Established 2013
Seller Financing Yes
Employees 1FT 6PT
Asking Price $230,000
Key Statistics
  • Hours of Operation: Mon-Sat: 9am-5pm

  • Employees: 1 Full Time 6 Part Time

  • Year Established: 2013

  • Year Acquired: 2013

  • Liscence Required: Sales Tax

  • Seats: N/A

  • Parking: Ample

Financial Information
  • Gross Sales: $324,272

  • Source: Seller Provided Financials

  • Cash Flow: $94,776

  • Source: Seller Provided Financials

  • Inventory Value: 10,000 +/-

Seller Financing
  • Business Price: $230,000

  • Down Payment: $80,000

  • Monthly Payment: $2,899.92

  • Interest Rate: 6%

  • Amortization Period: 60



Location
  • Monthly Rent: $1,626.33 + $475 +/- NNN Charges

  • Lease Terms: Triple Net Lease

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