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Convenience Store: High Volume

Metro Houma, Louisiana

Retail - Convenience Stores

Asking Price $1,200,000 Inventory $20,000* 
Gross Income $1,800,000 Real Estate  
Cash Flow $100,000 Year Established 1969
FF&E $270,000* Employees 3 ft

* included in the asking price

** not included in the asking price

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!!!

Facilities: 4000 sq ft

Support/Training: Available

Reason Selling: Other Business Interest

AD # 349549

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