"EDIBLE" GIFTING STORE: SELLER FINANCING OPTION
FRANCHISE FOR SALE IN MONTGOMERY COUNTY, MARYLAND
List Price: $150,000 USD
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Annual Gross Revenue:
Upon Inquiry
Value of Inventory:
Less Than $25,000
Value of Assets:
$25,000 - $50,000
Business Category:
Food/Beverage
Business Operates From:
A Retail Location
Year Established:
2017
Seasonal Business:
No
1-3 Months
TRANSITION SUPPORT
Very flexible
PRICE/TERMS
FLEXIBILITY
Passive
OWNER INVOLVEMENT
SUMMARY
Edible is the fresh re-brand from beloved gifting company Edible Arrangements. Customers love that Edible is unique, offering gifts for all occasions and the delivery service to homes, businesses and schools. There are no real competitors in this market segment, which is a huge benefit. +++++ The brand has benefitted from the pandemic, with more delivery orders and online ordering, displacing traditional catering business and in-store purchases. They also sped up the launch of new products to drive sales. The leadership team is committed to innovation and growth, and you can see it! +++++ 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! (C)
PHOTOS
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FACTS
Part-Time Employees:
1-5
Full-Time Employees:
1-5
Total Employees:
Less Than 10
Timeframe for sale:
Immediate
Total Approx. Monthly Rent:
$6,000/month
Lease Expiration:
9-2022
VIDEO
DESCRIPTION
DAY-TO-DAY INVOLVEMENT
Spend about 10 to 15 hours a week overseeing operations, inventory, and payroll.
FRANCHISE BRAND ACCOLADES AND AWARDS
Entrepreneur Franchise 500 List rankings 2011-2019, in the top 100 except 2019 Entrepreneur Franchise 500 Best of the Best Franchises & Best in Class Franchise 2015 Entrepreneur The Best of: Miscellaneous Food/Beverage Businesses 2021
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.
ADDITIONAL INFO
Franchisor provides a week or more of hands-on training, plus a week of classroom training. There's marketing support, business operations support and coaching, plus software systems to manage the business. To fulfill Maryland health department rules, one will need to obtain Certified Food Service Manager status.
BONUS MATERIAL
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!
REASON FOR SELLING
Owner has other priorities and full time employment, does not have enough time to manage this business.
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.
Some
SELLER FINANCING AVAILABLE
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