MergerPlace

Popular Edible Arrangements Franchise for sale

Charleston, West Virginia (Kanawha)


  • Asking Price: $160,000
  • Gross Income: $427,846
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: $5,000
  • FF&E: $75,000
  • Listing ID: #224535
  • Established: 2006
  • Employees: 2

Business Description

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.


Business Details

Primary Business Category: Retail Trade - Florists
Location: West Virginia
Metropolitan Area: Charleston
County: Kanawha

Company Information

Year Established: 2006
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 2

Financial Information

Asking Price: $160,000
Gross Revenue: $427,846
EBITDA: $67,097
FF&E: $75,000
Inventory: $5,000
Seller Financing Available: Yes

Property Information

Growth & expansion opportunities:

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.

Competition:

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.

Reason for selling:

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.

Support & Training:

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.

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Business Listed By:

John Lichter

Sunbelt West Virginia & Western Maryland