Category:
8663 - Food and Beverage
Location:
Northern California - Peninsula
Business Description:
The seller will carry a non interest bearing note for 48 months with 30% down. Successful Edible Arrangements franchise with an absentee owner. The owner lives in LA and has several other Edible Arrangements in the LA area. He can't devote the necessary time between his NCA and his SCA operations. He would prefer to sell this location in conjunction with his other Bay Area store also listed by Business Team BTI 8663. There is a $10,000 transfer fee and a $10,000 training fee for one week in Atlanta Georgia and one week locally and a leased Ford Delivery Van that can be assumed @ $711.38 per month, the business software has a licensing fee @ $110.00 per month.
Inventory (included):
$2,000
9 Months Ended
9/30/2019
$208,633
(Sales)
$61,406
(Adjusted Cash Flow)
12 Months Ended
12/31/2018
$309,837
(Sales)
$100,909
(Adjusted Cash Flow)
12 Months Ended
12/31/2017
$274,384
(Sales)
$95,523
(Adjusted Cash Flow)
| # of Employees | Full Time | Part Time |
| Non-Owners | 1 | 2 |
| Owners | 0 | 0 |
Hours of Operation
Mon-Friday 8:00/6:00 Sat 8:00/5:00
Sun 10:00/3:00
Licenses Required:
Monthly Rent Including NNN:
$2,876
Expires:
12/31/2026
Option:
No
Size(sq.ft.):
1,200
Type of Organization:
S Corp
Reason for Sale:
SCA resident too far to manage
Training:
2 weeks 40 hours
Disclaimer: The information provided herein is compiled from information provided by the seller(s). Business Team (CA BRE 01160661) makes no representation as to its accuracy or reliability. Prospective buyer(s) should rely upon their own verification and that of their financial advisors with respect to this information.