Convenience Store: High Volume
Location Louisiana,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $1800000
Net Profit / Cash Flow $100000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1969
Number of Employees 1 - 3
Inventory 290000
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training Available.
Reason for Sale Other business interest.
Description This 38 year old convenience store has been thoroughly modernized. It has a bar, restaurant, car wash, LP Gas, substantial liquor and tobacco sales, and sportsman's supplies. The store has a great high traffic visibility location. Land and an approximately 4,500 sq. ft. building are included in the sale.
The carwash has 3 bays. One is automatic touch-less and the other two bays are self service. Until the current owner, the restaurant had video poker machines which could be reinstalled if the new owner so desires. Store sells nationally branded gasoline. Pumps, canopy, and tanks are fairly new and in good condition. Fuel sales run about $125,000 per month / Inside sales run about $25,000 per month.
Store is located in one of the best areas of a large, fast growing, fairly affluent city that is a great place to live, work, and raise a family. City has lots of affordable housing, good public schools, and is considered by many to be a sportsman's paradise with outstanding hunting, fishing, and boating. City has been having excellent job, population, and income growth for a number of years. This should continue for many years to come as the oil patch is booming. City is less than an hour drive to New Orleans, La with all of its amenities.
The seller is highly motivated. He will strongly consider all reasonable offers and will consider some partial seller financing. Quality, high volume convenience stores like this are hard to find. This one won't last long. Act fast! Come see, make offer! Contact for more information on this Convenience Store for sale.
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