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Businesses For Sale   >>   Louisiana Businesses For Sale Categories   >>   

Two Casino & Truck Stop Complexes

Location  Louisiana,United States
Asking Price Range  $2.5M - $5.0M
Gross Revenues  $11025245
Net Profit / Cash Flow  $670067
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1990
Number of Employees  35 - 49
Inventory  2620000
Relocatable  No
Number of Employees  35 - 49
Real Estate  Owned
Reason for Sale  Other business interests.
Description  Two Louisiana Convenience / Travel Stores and Casinos are available for purchase. Both locations are within a few miles of the Texas/Louisiana border and provide some of the closest gaming for Texas residents. One location is near I-10, a major east-west corridor, and the other location is about 12 miles away on a heavily traveled state highway. Casinos are located in their own stand-alone buildings and offers video gaming to the customers. Restaurants on site. Due to changes in Louisiana law, it is unlikely that similar casino operations can be opened in this area in the future. Convenience stores offer food, drinks, travel items, gift items and fuel. One location sold over 1,000,000 gallons of fuel and the other sold over 600,000 gallons of fuel last year. Owner has minimal involvement in day-to-day operations - experienced staff in place. Owner also owns the real estate and buyer has the option to purchase the real estate, consisting of nine buildings on 12.5 acres, for an additional $3,000,000.
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