Convenience Store / Check Cashing
Location Louisiana,United States
Asking Price Range $250K - $500K
Gross Revenues $567554
Net Profit / Cash Flow $109364
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1980
Number of Employees 1 - 3
Inventory 49300
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Available.
Reason for Sale Retirement.
Description 28 year old established convenience store for sale also has an associated check cashing operation. Store does not have fuel. Prior to hurricane Katrina it did. After the hurricane the tanks and pumps were removed. The canopy is still in place. At one time the store had a deli, but it has been discontinued. Store does not offer lottery. Adding lottery would give a nice boost to sales / income. Store does have moderate liquor sales. Store is located between the interstate and a good size, fast growing, affluent community not far from the interstate. There is no nearby competition. Store is located on a very high traffic 4 lane highway. It has good visibility. Real estate is not included in asking price, but is available. Real estate consists of an about 2,400 sq ft building and a large commercial lot.
Seller will thoroughly train new owner on this very easy to own and operate business. Seller is ready to retire and is motivated to sell, and has priced business very affordably. Seller is open to substantive offers to which he will seriously consider and promptly respond. Seller will consider seller financing for a qualified buyer with a reasonable down payment. Come see this nice store and its pleasant North Shore setting where you have a clean refreshing environment.
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