Convenience Store For Sale in Terrebonne Parish

Southeast, LA
Terrebonne Parish

Asking Price: Annual Revenue:
$250,000 $900,000

Automotive & Boats: Gas Stations

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RE: Convenience Store For Sale in Terrebonne Parish Broker: John Price

Quick Facts

Asking Price: $250,000
Annual Revenue: $900,000
Net Profit: Not Disclosed
Cash Flow: $75,000
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 2006
Employees: 5
BBN Listing #: 407557264
Broker Reference #: BATONLA001-N3462

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Business Overview:

Sunbelt Business Brokers of Houma-Thibodaux presents this 15-year-old convenience store that offers gas, food and check-cashing revenue streams. Store is located in Terrebonne Parish on a busy street. Real estate is not included in the sale but the current owner will help with transition and setting up a lease since the seller is the landlord. Sale includes all FFE and inventory except lottery tickets (those go back to the commission) and gas in the tanks at the time of the sale (that gas can be purchased at cost from the owner). Owner started this business in 2006, but needs to focus on family and other business interests. Owner financing is available if the buyer has an acceptable amount to put down. The store features lots of repeat business and loyal customers. Currently open only 12 hours per day and numbers could be increased significantly if new owner chooses to increase hours and increase freshly cooked food offerings with the 375-square-foot updated kitchen area. The check cashing business does an average of 400K per month (not in total sales) netting the owner an average of 7K per month. The ATM machine also comes with the sale and nets up to $500 per month. Come see this store, meet the owner and make an offer.

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Reason for Selling:

Other business interests

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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