Convenience / Grocery Store with Gas

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Convenience / Grocery Store with Gas

Lincoln County, LA

Asking Price:

$599,000

Cash Flow:

$75,000

Gross Revenue:

$527,873

Inventory:

Included in asking price

EBITDA:

N/A

Real Estate:

Owned - Included in asking price

FF&E:

$152,318

Established:

1983

Business Description:

Benchmark Business Brokers presents the perfect “general country store” that has a wide variety of convenience items, gas, fishing & hunting supplies, beer, pizza and other quick, hot food items. This store opened in 1983 with the current owner operating the business for the past 15 years.

This store sits on the corner of a busy rural intersection of two highways and is 9.6 miles from one of the best bass and crappie fishing lakes in the Southern United States. This lake is also known for its clean water and recreational opportunities. The area is surrounded by numerous oil wells with the store being a stopping point for oil field workers and complementing crafts. The store is very popular with the locals and during the height of the oil boom reported more than $2mm in annual sales. Sales are growing currently at this store as is the area with more traffic passing daily due to the lake and the oil business returning.

This property is a corner lot of approximately 1 acre, is well-kept and maintained and has enough room to develop multiple RV sites and/or a storage center or a home.

More information will be provided after prospective buyers complete a standard Confidentiality Agreement.

Marc L. Able is licensed by the Louisiana Real Estate Commission.
Agent is sponsored by Coldwell Banker Group One Realty.
2120 Cypress St., West Monroe, LA. 71291. (318) 362-0007
Licensed in Louisiana.
Each office is independently owned and operated.

Detailed Information:

Inventory:

Included in asking price

Real Estate:

Owned - Included in asking price

Building SF:

3,600

Employees:

Furniture, Fixtures, & Equipment (FF&E):

Included in asking price

Facilities:

The store is 3,600 +/- square feet and has two storage buildings on the property. One building is approximately 20×20 with the other storage building 12 x 24.

Competition:

The area is rural however, the store is on the corner of two major highways and has great visibility and easy ingress / egress. During the store’s “glory days” when oil was booming the store reported more than $2mm in sales. The store has huge potential as the area is beginning to boom again after the pandemic.

Growth & Expansion:

There is enough land to develop multiple RV sites or housing for tenants and/or the new owner could live on-site. There are many possible uses for the land with the adjacent land potentially could be acquired.

Support & Training:

Seller will train “hands-on” for up to 30 days.

Reason for Selling:

Retirement

Franchise:

N/A

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