Convenience Store For Sale
Location:
United States
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Louisiana
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Lake Charles
Industry: Retail > Convenience Stores Retail
Business Summary
This convenience store business for sale in metropolitan Lake Charles, Louisiana has been totally renovated inside and out, and only reopened for business since February 2011. Real estate is included in the asking price with a lot size of approximately .65 acres and approximately 2500 sq. ft. of store space. Two very nice perks to this property are a newly renovated 2 bedroom detached apartment to the side of the store that rents for $600 month, as well as an approximately 2500 sq. ft. garage located behind the store that is rented out for $550 month. Seller recently brought in pizza to increase inside sales. Branded gasoline is sold from new pumps. Tanks were not replaced because they were in good condition. Store does a nice volume in alcohol and tobacco sales, but does not currently have lottery which can be added. Store is absentee owner, and is currently operated by a manager.
This convenience store business for sale is located on an easily accessible corner lot on a high traffic street. Store has great visibility from the street. Business is found in the metropolitan area of Lake Charles, Louisiana. This city has experienced tremendous growth, and continues to boom. It is a great city to live in, raise a family, and own your own business.
Seller has other business interests and is motivated to divest this convenience store business for sale in metro Lake Charles, Louisiana. Seller will consider owner-financing for a qualified buyer with a reasonable down payment. Seller is open to substantive offers and will seriously and promptly respond to all offers. Come see the business, meet the owner, make offer.
Financials
Asking Price Range: $500K - $1.0M
Gross Revenues:
$1,700,000
Cash Flow:
Seller Will Provide
Cash Flow Type: Sellers Discretionary Cash
Inventory: $90,000
Seller Financing: Not Disclosed
About The Business
Year Established: 2011
Number of Employees: 4 - 5
Relocatable: No
Franchise: No
Current Real Estate: Owned
Property: Property For Sale
About The Sale
Management Training and Support: Available Reason For Selling: Other business interest
Click on the "Contact Seller" button for more information on this Retail > Convenience Stores Retail business for sale.
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Print Listing Id: 700180983
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