MergerPlace

Major International Gift Delivery Franch

Kings, New York (Queens)


  • Asking Price: $2,800,000
  • Gross Income: $3,112,000
  • Cash Flow: $700,000
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #198910
  • Established: 2007
  • Employees: 47

Business Description

Business Description:
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 company wide 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.


Business Details

Primary Business Category: Retailers - Miscellaneous
Location: New York
Metropolitan Area: Kings
County: Queens

Company Information

Year Established: 2007
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 47

Financial Information

Asking Price: $2,800,000
Gross Revenue: $3,112,000
Cash Flow: $700,000
EBITDA: $700,000
Seller Financing Available: Yes

Property Information

Facilities:

Option: yes Type of Location: Commercial Facilities: 3 LOCATIONS IN BROOKLYN AND 2 LOCATIONS IN QUEENS Each location averages approximately 900 square feet.

Growth & expansion opportunities:

UNLIMITED

Competition:

MINIMAL, DUE TO PENETRATION IN TERRITORY

Reason for selling:

RETIREMENT

Support & Training:

COMPLETE TRAINING AND SUPPORT INCLUDED

Contact Business Seller

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Business Listed By:

Mel Lisiten

LISITEN ASSOCIATES