“Edible” Gifting Store: Seller Financing Option
franchise for sale in Montgomery County, Maryland
List Price: $150,000 USDKey Facts
Annual Gross Revenue
Upon Inquiry
Seasonal Business
No
Value of Inventory
Less than $25,000
Value of Assets
$25,000 – $50,000
Year Established
2017
Business Operates From
A retail location
Location Is
Leased
Approx. Monthly Rent
$6,000
Total Employees
Less than 10
1–3 MonthsTransition
Support
Very FlexiblePrice/Terms
Flexibility
SomeSeller financing Available
PassiveOwner
Involvement
About this Business
This location of Edible was started in 2017 and is profitable, but has so much room to grow. The current owner cannot devote the time to manage the business to fulfill its potential, but will help a new owner through the transition and can offer financing. Price includes all furniture, fixtures, equipment. New owner will take over leases for building and for one branded delivery van.
Motivated seller — inquire now!
Growth opportunities
A new owner can be more hands-on to drive sales and save money on labor. This can be very profitable for an owner-operator, who can devote some time to it. The store is in Gaithersburg, near nice suburbs, just outside Washington DC. The area has a very strong economy, and there are several large corporate and government employers in Gaithersburg. New owner could drive sales through corporate partnerships or building regular customers from the surrounding affluent neighborhoods.
Owner's Day-to-Day Involvement
Spend about 10 to 15 hours a week overseeing operations, inventory, and payroll.
Additional Info
To fulfill Maryland health department rules, one will need to obtain Certified Food Service Manager status.
Asset Description
Store furniture, all fixtures, and equipment such as coolers, prep tables, and more. There is also a Branded Delivery Van on which the new owner will take over monthly payments.
Inventory Description
Food products, paper and packaging valued at about $1000.
Reason for Selling
Owner has other priorities and full time employment, does not have enough time to manage this business.
Why I Love My Franchise
Love that the e-commerce channel is long-standing and strong. I love the fact that whenever someone receives an Edible product it puts a smile on their faces and there is a WOW factor associated with this unique, globally recognized brand!