Profitable Franchise For Sale

, Alabama 3 views 0 favorites

Financial Highlights
Asking Price
$145,000
Revenue
$76,820
Business Description

Edible Brands, Inc. is a franchisor of Edible (formerly Edible Arrangements) stores. Edible is the creator of, an industry leader in, unique and inventive fresh fruit concepts. Their passion, heritage, and future are rooted in helping people all over the world celebrate life’s most special moments with a gift or treat that’s carefully crafted to WOW. Revenue $76820, Cash Flow $67,000. Location: Mobile County, Alabama Year Established: 2014 Number of Employees: 3 Franchise: Yes Real Estate: Leased Building Sq. Ft.: 1,500 Rent: $3,400.00 Per Month Lease Expiration: 10/31/2022 Facilities: The store is in a retail strip center in the heart of the thriving Mobile. The location drives significant end-user business. The location is easily accessible by major freeways, increasing ease of delivery of products ordered online or by phone. Market Outlook/ Competition: No other retail store focuses solely on fruit bouquets, so direct competition is limited. Indirect competition, however, includes other gift and/or floral providers. There are also some national fruit companies who try to offer similar products, especially chocolate-dipped fruit. The unique products offered by Edible have proven to be a great alternative to traditional flowers; not only is the arrangement beautiful, but it is also delicious, fresh fruit and contributes to a healthy lifestyle. Growth & Expansion: While producing steady revenues and good profits, the Company has some additional opportunities that can play an instrumental role in increasing revenue and profits even further, including: • Promote New Products to Existing and New Customers: Edible has an exciting new store design, new products, expanded product offerings, dedicated field support, robust expansion plans, and a vision for the future. This continuously unlocks new opportunities for owners to showcase this unique brand and provide their customers with the latest in culinary trends. • Increase Marketing Efforts: The Seller believes there is tremendous potential to dramatically increase sales and profits with some systematic and consistent marketing including billboard and radio advertisements. The Seller believes a more focused approach to corporate customers would deliver the best results. Servicing corporate events has proven to be a profitable revenue stream for Edible franchisees. • Cross-training of all employees: Training and then utilizing the existing employees in all aspects of the operation would minimize costs and increase the efficiency of the production process.

Business Details
Industry:
Retail
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 19, 2022

Updated: 1 day ago

Views: 3

Favorites: 0