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Established Edible in Sarasota, hottest market in FL!


Category :  Cards/Gifts/Books SIC :  5999  
Detail :  Edible Gifts Price :  525,000  
County :  Sarasota Down :  525,000  
State/Prov :  Florida Disc Earn :  175,680  
Country :  USA Sales :  608,210  

SBA approved by 2 lenders that offer Working Capital with the deal!

This franchised gourmet gifting storefront is located in one of the hottest and fastest growing areas in Florida and has the potential to operate full or semi-absentee, with the effective manager in place. Their commitment to uniqueness, customization and understanding that time is of the essence, sets them apart from their competition. By expanding the current marketing and network referral systems such as creating corporate accounts, increasing store hours for delivery and pickups ups, creating relationships with neighboring businesses, the possibilities are endless.



Reason for Sale :  Scaling back responsibilities due to aging
General Location :  Gulf Coast Florida
Organization Type :  Corp 'C'     Hours Owner Works: 40
  : Years Established: 10  Years Owned:  10  Emp FT:  2  Emp PT:  5  Mgrs:  1
Non Compete :  Miles:  25  Years:  3  Weeks Training:  4  Cost:   $0
Operating dys/hrs :  Monday-Saturday 9:00 am to 5:00pm
Skills/Licenses :  Business License, Food Permit, Franchise Contract
Business :  Is Relocatable: N    Is Home Based: N    Is a Franchise: Y    Is Lender P/Q: Y    Should Qualify For Visa: Y

Data Source P/L Statement P/L Statement    
Year (Cash Flow) 2022 (N) 2021 (N) (N)  
Gross Revenue 608,210 683,753 0  
Cost of Goods 109,527 111,858 0  
Gross Profit 498,683 571,895 0  
Expenses 369,904 349,315 0  
Net 128,779 222,580 0  
Owner Salary 0 0 0  
Benefits 0 0 0  
Interest Expense 0 0 0  
Depreciation 0 0 0  
Other 0 0 0  
Discretionary Earnings 128,779 222,580 0  

Accounts Rec 0 N* Real Estate 0 N*
Inventory 0 Y* ___________ 0 N*
F F & E 150,000 Y* Total Assets 150,000 Y*
Leasehold 0 N*
*Included?  

Lease/Month: 3065 Square Footage: 1500 Building Type: Storefront/Shopping Center
Terms & Options: Negotiable Expiration Date:
JASON BROOKS Office :  (239) 849-9334  
ASSOCIATE Fax :    
  Home :    
SUNBELT BUSINESS BROKERS NAPLES & FT MYERS Cell :  (239) 357-7073  
2640 GOLDEN GATE PARKWAY, SUITE 204        
NAPLES, FLORIDA 34105 Email :  [email protected]  
USA Home Page :  sunbeltofflorida.com  

 



Listed By: Jason Brooks

Background information

Reference:

54004

Reason selling:

 Scaling back responsibilities due to aging

Finance

Sales:

$608,210

Profits:

$175,680

Profit type:

EBITDA

Premises

Facility:

Shopping Center

Price and terms

Price:

$525,000

Down payment:

$525,000