Profitable Turnkey Franchise Food Business
Turnkey franchise food business consistently does over a $1,000,000 annually with a six-figure net income. Just a few short years ago, they made over $2,000,000 in annual sales. There are two locations that are being sold together. Both in prime high traffic locations just minutes from each other in King County. Both locations have been established for more than 16 years each, with a long, loyal customer/corporate client database built up. We are talking about gift baskets made up of a diverse menu to work with. If you are a creative-minded entrepreneur, you will be working with and making beautiful gift baskets filled with fruit, chocolate, flowers, cookies, and nonalcoholic wine or any combination thereof. There is NO cooking, NO greasy cleanup to deal with. No competition in town or the surrounding towns. This franchise concept lends itself well to absentee ownership or semi absentee ownership. This is a great business opportunity for investors, or for a spouse or a partner. You can operate this with limited supervision, or you can jump all in on the daily activities, and hey, maybe you could push that $2,000,000 annual sales mark again. Other delightful things about this business there are about 600 franchise locations, so there are always answers and support available. This business is NOT labor-intensive, so it is NOT that physically demanding on your body. With just a few employees at each location, your labor costs are at a minimum. This is a very easy concept to learn for you, your employees, and managers. These beautiful gift baskets generate consistent revenue all year long, but there are 20 holidays during the year that are especially sweet ($$$), Christmas, Mother’s Day, Valentine's Day, to name a few. Probably you should put these days on your calendar for you to come in and help your employees, it’s that busy. If you are good at social media, here is another great way to add to these already great sales. Seller is retiring, so for the right buyer, the time is now on this business opportunity.
Location
There are two locations that are being sold together. Both in prime high traffic locations just minutes from each other in King County. Both locations have been established for more than 16 years each, with a long, loyal customer/corporate client database built up.
Employees
7 employees in total 3 FT and 4 PT
Lease Terms
Two franchise locations sold together in this deal. Downtown Redmond has a monthly lease of $5,500, and Kirkland has $5,400, both with the triple net included.
Real Estate
Lease
Trading Hours
Open 7 days a week 9 AM to 7 PM Monday through Saturday 10 AM to 3 PM Sunday
Leasehold Rent
see lease terms per annum
Franchise Terms
See franchise website. When you sign the nondisclosure agreement (NDA) you will be given franchise information
Management Type
This business is owner operated.
Owner Financing
Owner financing is available. Please contact the seller for more information.
Planning Consent
N/A
Premises Details
Two franchise locations sold together in this deal. Downtown Redmond has a monthly lease of $5,500, and Kirkland has $5,400, both with the triple net included. Redmond's square footage is 711, and Kirkland's is 1,165 sq ft. Both leases have a lot of life left on them. In-store cameras so the owner can watch businesses from home. Both locations have extra storage areas. For an extra cost, there are 2 refrigerated vans that can be added to this sale.
Support & Training
This is a franchise so all the training and ongoing support is in place for you to be successful. Seller willing to give additional training to new owner so they can make a smooth transsition into ownership of both locations.
Expansion Potential
Having two stores close to each other like this enables the owner to have some distinct advantages, like the increase of business coverage area, handling overflow at one location, employees could easily fill in for each other’s location when necessary, and the owner being able to save money in buying supplies in bulk. This is generally passive income for the owners, as current ownership only works about 12 hours a week, but with a new owner who was part of the daily operations and being more active on social media, this business could see the sales swell up to pushing $2,000,000 annually.
Size In Square Feet
Redmond's square footage is 711, and Kirkland's is 1,165 sq ft.
Competition / Market
No competition in town or the surrounding towns.
Living Accommodation
N/A
Franchise Opportunity
Franchise Resale
Inventory / Stock Value
$40,000
Reason for Selling
Seller wants to retire
Financials
Interested in this business?
Get in touch with the seller to ask questions and learn more.
Get Expert Help with your acquisition
Connect with an advisor who can guide you through evaluating, financing, and closing the right business acquisition.
Similar Listings
Thriving Smoothie Spot Franchise for Sale in Miami, FL
Established Home Remodeling Franchise for Sale in Doral, FL
