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Listing ID: 3250407

Busy Convenience Store & Motel with Room for Growth in Central Louisiana For Sale

Central, Louisiana, United States

$ 675,000

(Furniture / Fixtures and Inventory / Stock included)
(Real Estate Included)

Revenue: $ 1,574,911

Cash Flow: $ 100,000

Business Description

Sunbelt Business Brokers of Central & North Louisiana presents a unique opportunity to own and operate a busy convenience store along with a motel that has significant room for growth in Central Louisiana. This cash producing business is well established and has been in existence for around 35 years. The current owner recently spent around $300,000 on updates and renovations for the store and motel rooms. This convenience store sells cigarettes, alcohol, propane, and money orders which helps boost its inside sales. In addition to the normal dry goods offered by convenience stores; this business includes a small restaurant which sells high margin prepared fast foods such as fried chicken, Mexican, etc. The motel portion of this business is made up of a total of 27 well decorated rooms and cabins which outdoorsman and short term temporary workers use for extended stays.
The current owner states that there is significant room to grow the motel portion of this business through marketing and promotions as the convenience store has been his primary focus. The land included in this sale offers more business opportunities such as possibly adding a fireworks and/or snow cone stand. Additionally, the parish in which this business is located allows video poker which would make a great addition to increase revenues. Finally, there are quaint living quarters including a master bed room, a full bath, walk in closet and a half bath and an additional bedroom if you desire to live on the property. The present owner is selling so he can focus on other business interests and has a wealth of knowledge and experience with convenient stores and motel/hotels, seller is willing to train the new owner. The current owner will provide adequate training to the new owner and would consider some seller financing for the right buyer with an adequate down payment.
Agent is sponsored through Sunbelt Business Brokers of Alexandria, sponsoring broker Brandon Bourgeois, telephone number 225-201-0202. Please contract agent directly for more information.

Property Details

Years Established:

1981

Property Type:

Real

FF&E:

$100,000

Inventory Value:

$150,000

Other Details

Operation Details

Employees:

3

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