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For Sale: Edible Arrangements Franchise - San Mateo County

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Current Status: Active     Posting #: 251839     Last Refreshed: 10/14/19     BRE License #: 01160661    
Contact: Michael Floorman At 408-246-1102 X312  -  Also Email This Contact Below
Price:  $159,000     Down:  $159,000     Adjusted Net:  $100,909     Revenue:  $309,837    
Attributes:  Absentee Run, Semi-Absentee Run, Training & Support     Cooperation With Brokers?  Yes
San Mateo County Edible Arrangements Franchise Business For Sale

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  Description About This Posting: Edible Arrangements Franchise
The seller has agreed to carry a noninterest bearing note for 48 months with a 30% down payment for a qualified buyer. This is a successful Edible Arrangements franchise that is being sold as the seller lives in LA and has a number of southern CA locations and can't devote the necessary time to the SCA and NCA operations. There is a $10,000 one time training fee for one week in Atlanta Georgia and one week locally. There is a leased Ford Delivery Van which can be assumed @ $711.38 per month and the business software has a licensing fee @ $110.00 per month. BTI 8663

Purchase Price $159,000 Down Payment $159,000 Sales $309,837
Cash Flow $100,909 For 12 months ending Dec 2018 from P&L - Includes 2,000 Inventory
Rent $2,476 NNN $400 Owners Full-time: 0 Part-time: 0 Employees: Full-time: 1, Part-time: 2
Bldg. Size (sq. ft.) 1,200 per Landlord Lease Expires 12/31/2026 Option Yrs. 0
Reason for Sale: LA resident too far to manage
Hours: Mon-Friday 8:00/6:00 Sat 8:00/5:00 Sun 10am - 3pm

To get more information about this Edible Arrangements Franchise business for sale in San Mateo County please phone Michael Floorman (Broker - BRE License #:01160661) at 408-246-1102 X312 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #251839 on BizBen.com. In addition to phoning Michael Floorman, make sure you email Michael Floorman above to get more info about this Edible Arrangements Franchise, to ask any questions or request an appointment to see this business for sale, franchise, or opportunity. Thank you.

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