$565,000

Los Angeles County
DESCRIPTION

High Volume Edible Arrangements franchise for sale in the Los Angeles area.

7 Employees help run this very seasonally busy business.

Prime location surrounded by mixed community with residential and commercial customers.

Most orders are made and fulfilled at the shop. Beautiful fruit arrangements for all occasions.

Well established many years. This business is primed and ready for new owner. Delivery vehicle is included in sale.

Company was founded in 1999, and now has over 1200 franchisees around the world. Headquarters is in Atlanta, GA.

Ongoing Franchise Royalty is 5% plus 5% Advertising Fee; Franchise Transfer/Training Fee is $10,000 which Buyer is responsible, and includes fresh 10 years Franchise Agreement.

Franchise Training is 10 days. Few other smaller technical transfer fees applied by franchise.

LISTING DETAILS

Down Payment: $565,000

Total Sales: $800,000

Cash Flow: $230,000

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: $150,000

FFE Included: Yes

Inventory: $15,000

Inventory Included: No

OPERATION

Year Established: 2006

Days & Hours of Operation: Mon to Sat (9am - 5pm) / Sun (11am - 4pm)

Owner Hours Per Week: Part Time

Non-Owner Payroll: N/A

Employees: 7

Absentee Owner: No

Lease Option: 3 Years Option

LOCATION

Real Estate: N/A

Real Estate Included: No

Monthly Rent: $4,675

Type of Location: Strip Center

Square Footage: 1200

Franchise: Yes

SUMMARY

Reason For Sale:

Current Owner Has Medical Issue Forcing Sale

Agent Details

HEMENDRA PATEL

  • (562) 230-1193

NDA Form

Please fill up required information in NDA form & sign it and send it to email: harrypatelvrbb@gmail.com

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