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Business for Sale Summary

Specialty Gift Franchise in Suffolk County, NY - 32371

Business Type: gift and specialty retail,other eating & drinking places,other food stores,gift basket companies
Specialty Gift Franchise in Suffolk County, NY
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Financial Information (non-confidential)

General Information
Asking Price $300,000 Down Payment $300,000
Gross Revenues $510,000 Lease Remaining Register Free to View
Owner’s Cash Flow $120,000 Number of FT Employees Register Free to View

Financing

$300,000 Down and

Business Description

This nationally-known franchise which specializes in fruit baskets, bouquets: chocolate dipped fruit,fresh fruit smoothies, fruit salad and fresh-fruit-to-go products, is located in a busy strip mall on Long Island.These fruit items are sculpted artistically, to make highly presentable. 80% of the orders are on online. Gets very busy for special occasions: Mother's Day, Father's Day and many more, throughout the year. Makes the business extremely busy. The business will be sold with a van and the other equipment which are worth $200,000. Seller owns several businesses and now he finds it hard to supervise it. As the sale is fully verifiable, a new buyer can secure a loan from a bank, by putting down 20% of the asking price. All the employees, including the drivers, will stay with the new owner. Seller's net cash flow, after paying all the expenses, is $120,000 a years. Do not miss this great business.

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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.