DescriptionThis is a profitable Edible Arrangements franchise resale. This well-established store provides fresh fruit bouquets, gourmet chocolate covered fruit, sweets, and floral gifts to customers in their service area. The gifts are ideal for any occasion including birthdays, holidays, and anniversaries. Because the store offers catering, it’s also ideal for business events.
Two things make this store stand out from the competition: in-house delivery and ready to indulge sweets and gifts. With in-house delivery, customers receive their orders within an hour. This guarantees items are at peak freshness. The store offers a variety of grab-and-go treats such as smoothies, chocolate dipped fruit, fresh fruit salads, and more. Customers visiting the store not only can pick up a gift but also purchase a treat for themselves.
This particular store is in a high traffic retail area. Popular anchor stores, medical offices, restaurants and coffee shops, and other popular retail establishments drive traffic. There are about 34,000 households in a three mile area. The average household income is around $128,000. The store also has a good labor supply with many employees coming from local schools or charities.
WHY AN EDIBLE FRANCHISE?
An Edible Arrangements franchise is a worthwhile investment for a first time business owner. The franchise has a multi-channel business model that embodies a physical store, e-commerce, delivery, and a customer relations program. Additionally, they provide complete training on how to run the business. With a commitment to growth and innovation, they provide franchisees a path to success.
IDEAL CANDIDATE
The franchisor believes the ideal franchisee has these traits:
• Excitement and enthusiasm about the brand
• Community Minded
• Desire to Follow a Proven System
• Strong Leadership & Team Building Experience
• Strong Communications & Marketing Skills
Additionally, the franchisee should be an owner/operator or have a seasoned manager.
WHY PURCHASE THIS LOCATION
The consolidation of the Seller’s other stores lead to more sales at this location. It is very profitable and ready for new ownership. This is a great opportunity for an existing owner/operator to expand their territory with this existing location. As a new owner, you get a turn-key business with staff and customers in place. You bring your drive to grow the business.
Contact us today to start on your path to successful business ownership!
Investment Considerations:
• Profitable Brick & Mortar Location
• Multiple Revenue Streams
• In an Extremely High Traffic Retail Area
• Store Operates within the Top 10% of Stores Nationwide
• Strong Labor Pool
• Franchisor Training & Support
• Room For Growth
Support & TrainingFranchisor provides a 2-week training program at their headquarters. Total training is 84 hours of classroom and 38 hours of on-the job training. Additionally, the Seller will help train and transition a new owner for a mutually agreed upon time following closing
Market & CompetitionThis business operates in Indiana’s specialty food store industry. From 2024 to 2029, revenues are expected to grow an annualized 1.7% to reach $142.6M. Employment and wages will also increase even though locations are expected to consolidate. Competition comes from other companies that offer similar products both online and/or in a physical location. However, this franchise offers same-day delivery, ensuring product freshness.
Growth OpportunitiesThere are ample opportunities for a new owner to grow the business. These include:
• Increasing Direct Sales to Local Businesses
• Hiring a B2B Salesperson
• Focusing On Customer Retention Through Outreach
• Increasing Local Advertising
• Increasing Awareness with Social Media
• Adding Other Territories
• Opening New Locations