This exceptional opportunity presents a thriving convenience store located at 2315 E Simcoe St, Lafayette, LA 70501. The property, built in 2020 and renovated in 2021, boasts 2,622 square feet on a 0.295-acre lot with Commercial zoning. The single-story building offers a turnkey operation with significant revenue potential. Monthly sales consistently range from $55,000 to $75,000 (excluding lottery sales), with strong EBT sales averaging $6,000-$7,000 monthly and impressive annual credit card sales exceeding $500,000. Multiple income streams are generated through ATM fees, cigarette rebates, and other commissions, further enhancing profitability. The business also benefits from a liquor and beer license. Operating expenses are manageable, with utilities averaging approximately $1,100 per month and payroll for three employees totaling around $8,000 per month. This established business is available for purchase at $700,000, inclusive of inventory, or via a lease option at $3,000 per month. The property's strong performance and diverse income streams make it an attractive investment opportunity. The business is currently staffed with two employees and a stocker. The asking price for the business and building is $700,000, which includes inventory. Alternatively, a lease option is available for $3,000 per month. The business only is available for $400,000 plus inventory.
Highlights
Lease Option Available: $3,000/month or purchase for $700,000, including inventory.
2,622 SF convenience store generating $55,000 - $75,000 in monthly sales (excluding lottery).
Multiple income streams including ATM, cigarette rebates, commissions, and lottery potential.
Strong EBT sales averaging $6,000 - $7,000/month and $500,000 in annual credit card sales.
Liquor and beer sales permitted with existing license.
Low operating expenses: approximately $1,100/month for utilities and $8,000/month for payroll.
Commercial real estate - High-Sales, Established Convenience Store
Where is the commercial real estate located?
The property is located at 2315 Simcoe St Lafayette, LA.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Lease Option Available: $3,000/month or purchase for $700,000, including inventory.; 2,622 SF convenience store generating $55,000 - $75,000 in monthly sales (excluding lottery).; Multiple income streams including ATM, cigarette rebates, commissions, and lottery potential.
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Contacts
Saber Alshoja
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Simcoe St Lafayette, LA 70501
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Simcoe St Lafayette, LA 70501
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
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2315 Simcoe St
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