Businesses For Sale > Business For Sale in Hwy 171, DeSoto Parish, Louisiana (LA)
Owner Finance: Rural Liquor/Beer/Conv. Store and Lounge for sale in Hwy 171, DeSoto Parish, LA
Hwy 171, DeSoto Parish, Louisiana (LA)
Asking Price: |
Gross: |
Cash Flow: |
$ 350,000 |
Undisclosed |
$ 300,000 |
Furniture and Fixtures Value:
$ 35,000 (included in the asking price)
Inventory Value:
$ 50,000 (included in the asking price)
Real Estate:
$ 150,000 (included in the asking price)
Business Summary:
Two well established businesses in one building--retail beer/liquor/convenience store and bar with one acre. More acreage is available for expansion for additional cost. Owner finance with 10% down and 15 year term starting at 7% interest. Will consider less % with higher down payment. Prime location on major state highway. Minimal competition. Could increase income with gas pumps, deli, etc. Business has been continuously in operation since the early 1980s. Directly across highway from well established rural neighborhood.Store and bar generate about $300K/year with minimal hours. Proper management and increase in business hours could easily double revenue. Older owners are looking to retire and only opening for 8 hours/day. Nearest competitors close early as well, so increase in bar/store hours will generate significant revenue.Older wood frame building with new roof, new ceilings, newer floors, and central air conditioning units. All stock and equipment included in price.
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Year
Business was Established: 1983 |
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Number of Employees:
3 |
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Potential
Growth/Expansion:
Can install gas pumps; re-open deli/kitchen; etc. |
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Competition:
Nearest competitor is 6 miles in any direction. |
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Owner
willing to finance:
Owner Finance |
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Owner
willing to train:
Yes |
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Reason for selling:
Older owners wanting to retire |
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Seller Reference Number: bm2093471233
BusinessMart.com Listing Number: 163802 |
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