Historic Candy Store in N.O.
Location: Louisiana > Orleans Parish County
Industry: Food and Beverage > Food Production and Packaging
Financials
Asking Price: $159,000
Gross Revenue: $362,638
Cash Flow: $38,102
Inventory: $100,000 (Included in Asking Price)
FF&E: $15,000 (Included in Asking Price)
Seller Financing: The owner will finance with 50% down for 3-5 years at an 8% rate.
Business Summary
The company specializes in homeade chocolates and Praline candies. The historic status of the business draws a large clientele made up of both tourists and locals. The company's reputation generates orders for its candies from around the world.
About the Business
Year Established: 1913
Employees: 3 full time -
Facilities: The three story building is in excellent condition and consists of a very spacious area. All three floors are included in the lease. There are 4 1/2 years left on the original lease with an optional 5 year renewal. The rental rate is $3,000.00 and is due on the first of each month.
About the Sale
Management Training and Support: The owner is willing to train.
Reason For Selling: The owner would like to enter semi-retirement and focus on real estate.
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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