1017-12832 Edible Arrangements Existing Franchise

Undisclosed Address, Florida
Business Opportunity for Sale
Catylist Listing ID: 30041215
Property Subtypes: Food and Beverage
Building Size (RSF): See Agent
Sale Price: $425,000
Franchised Business: Yes
Year Business Established: 2006
Gross Revenue: $711,928 (Annual)
Cash Flow: $177,237 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Last Updated: 8/1/2017

Overview / Comments

For Sale: Existing Edible Arrangements Franchise Store in Tallahassee. Highly rated national franchise with everything in place. Successfully operated in Tallahassee since 2007 with great North Midtown Location in Publix Shopping Center Complex. Consistently ranked very high among all Edible Arrangements franchisees. Easy to operate: attractive gift baskets filled with healthy fresh fruit arrangements made daily and delivered promptly to an ever-expanding satisfied customer base.

Additional Details

Industry Segment: Other Food and Beverage
Reason for Selling: Seller retiring/health issues.
Value of Inventory Included ($): $5,000
Value of Furniture, Fixtures, and Equipment ($): $62,408
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: This Edible Arrangements Franchise is located in a very spacious 2,000 square foot facility with a spacious lobby. This lobby will soon be converted into an "Edible To Go" profit center featuring high quality foods and snacks that are fresh, healthy and delicious. This Edible to Go component will be built out in the existing, welcoming lobby area and has not been included in the current asking price of the business. Behind the Lobby area there is a spacious 1,500 sq. foot kitchen and prep area. There is also a storage room, walk in cooler and a private office for the owner. In the rear, there is a back door which leads to a very convenient landing for loading trucks for the delivery of the "finished" Edible Arrangement as well as for incoming deliveries of inventory and fresh fruit. It is a great layout. The Edible To Go concept is perfect for this store location. Over 50,000 cars per day pass by the Publix shopping complex and there is no other store of this type in Tallahassee. Front door parking is an added plus.
Employee/Labor Description: 2 FT/6 PT. Mon-Fri 8am-7pm; Sat 9am-5pm.
Mgmt/Training Support Description: Will train for 4 weeks @ no cost. Edible Arrangements is the nation's leading franchise to offer fresh fruit arrangements in gift baskets.The National Franchise company created the trademarked "The Leaders in Fresh Fruit Bouquets." They "Make any Occasion Special" by offering an array of fresh fruit products and gourmet chocolate dipped fruit. Deliveries are made throughout the Tallahassee area in specially custom refrigerated trucks. Each fresh fruit arrangement is chocolate covered or otherwise adorned with delicious toppings. Very popular gift!
Competition/Market Description: There is no comparable competition to Edible Arrangements in Tallahassee. Of course, there are "gift basket" stores around town which offer various foods, candies, cheeses and balloons and flower shops which offer flowers...but none can compare to the attractiveness and desirability of a healthy, edible fruit bouquet (often covered in white or other chocolate decorations) delivered by this franchise business. This Edible Arrangements franchise is the only game in town in Tallahassee.
Growth/Expansion Opportunities: There is substantial upside potential with this franchise store for many reasons. The current owner works only 25 hours per week (except during special holidays) and has not actively marketed, promoted or networked his franchise. A new owner will be well served to join the local Chamber of Commerce, networking groups and other marketing channels to expand the brand awareness and special Edible Arrangement products available. And, with the new Edible to Go component (to be developed by the new owner) there will be available new products for immediate consumption including fresh fruit smoothies, frozen yogurt, fruit parfaits and individual treats. This walk in business supports everyday traffic and will drive a new market segment to this store. With the spacious lobby already in place, a well suited and convenient operating space for Edible to Go is a very convenient "fit" for this franchise store.

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 6,688 16,183
Median Age: 51.31 44.56
Households: 2,735 6,282
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