HOT INDUSTRY LEADING ONLINE GIFT DELIVERY FRANCHISE WITH 5 LOCATIONS AND EXCLUSIVE TERRITORY.
(HOSPITALITY, GIFTS, FOOD, GIFTS)
KINGS, QUEENS, NEW YORK
Listed Price: $ 2,195,000
Listing ID: XCNY-X2200
Listing DetailsGross Revenue: $ 3,112,000
Cash Flow: $ 570,000
FFE: (Included in Price)
Form of Ownership: LLC
Terms and Conditions: NEGOTIABLE
Reason for Sale:
RETIREMENT
Training & Support:
COMPLETE TRAINING AND SUPPORT INCLUDED
Listing SummaryBusiness Description:
MAJOR ONLINE GIFT BASKET AND FRESH FRUIT GIFT DELIVERY FRANCHISOR WITH 5 STORES IN BROOKLYN AND QUEENS.
Online, Walk in, and Delivery fresh fruit gift baskets with chocolate dipped fruit add on.
Grab and go smoothie collections, along with a variety of fresh fruit and yogurt options.
Ever expanding line of items to help increase market share and customer retention.
Marketing partnerships with leading retail companies such as fandango, Children place, T-Mobil.
All store’s revenues are higher than companywide averages.
This enterprise has consistently generated 20% owner cash flow. Wow!! What a return!!
With Management already in place, this could be an absentee owner’s dream.
Historical Summary:
The First store was opened in 2007.
The owners decided to open new locations throughout the years to establish an territory.
They now have 5 stores serving a large region of both Brooklyn and Queens.
This allows them to receive all the delivery orders in that territory.
Owner Qualifications:
Some business experience is preferred.
Due to that fact that this is a 5 store enterprise with an established employee base, any potential buyer should have experience in managing a staff of employees and running a business with multiple locations.
Competition:
MINIMAL, DUE TO PENETRATION IN TERRITORY
Potential Growth:
UNLIMITED
Financing/Terms:
NEGOTIABLE
LocationOption: yes
Type of Location: Commercial
Facilities:
3 LOCATIONS IN BROOKLYN AND 2 LOCATIONS IN QUEENS
Each location averages approximately 900 square feet.
OperationYear Established: 2007
Days & Hours of Operation: M-Sat 8am -7pm / Sun 8am-4pm
Owner Hours: 20
Employees: 47
Managers: 3
Absentee Owner: Yes