Abbott's Frozen Custard For Sale in the French Quarter of New Orleans
| Asking Price: | $125,000 |
| Inventory: | $15,000 |
| FF&E: | $112,000 |
| Gross Revenue: | $275,000 |
| Rent: | $2,500 |
| Established Year: | 2020 |
Duran Advisors presents this dessert business for sale in the French Quarter of New Orleans, Louisiana. The company has weathered the pandemic storm. The business grossed 275,000 and achieved $60,000 in net profit for 2022 with limited hours. 2023 gross sale are estimated to be almost identical. The company boasts a full staff with management in place. The current owner only works 10 hours per week doing tasks that another owner may want to hand off to the staff.
The business is located in the heart of the French Quarter, with extremely high foot traffic passing the storefront daily. It has a tried and proven system with one of the tastiest products in the area. The business also handles catering for events with ample opportunity to grow that side of the business. The location boasts a beautiful build-out with plenty of auxiliary storage. The equipment in the business is almost brand new. The lease is considered low for the French Quarter. The landlord must approve a potential buyer. The business is being sold for significantly less than the cost to build the store new!
Territory rights for the New Orleans metropolitan area are also available for sale.
A Matterport 3-D virtual reality digital twin of the space is available to fully disclosed buyers, as well as a 40+ page Confidential Information Memorandum (CIM).
Come and see this great shop, taste its incredible products, and make an offer before it's too late!
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