Asking Price: $3,500,000 Gross Revenue: $2,285,722Cash Flow: $251,793 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed included in asking priceFF&E: $250,000 included in asking priceReal Estate: Not Disclosed included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Sunbelt Business Brokers of Northeast Louisiana presents for sale this long established busy truck stop casino and restaurant with real estate included located in Northeast Louisiana. Video poker room has 17 machines. Business owns all the video poker machines and gets 100% of the revenue after state deductions. Along with video poker, the truck stop has a restaurant and convenience store. Additional real estate is available for purchase for possible expansion of the business but not included in the sales price. Business is a frequent stop for outdoors men looking to grab supplies and gear. Restaurant is a popular stop for people looking for a good meal from early in the morning to late at night. Owner is currently semi-absentee. He has a very qualified and dependable manager in place to run the business.
This business is located very close to town on a busy highway with easy interstate access and visibility. Facilities are extremely clean, well kept up and in good condition. Truck stop sells several kinds of fuel, branded gas, diesel and off-road diesel drawing in both travelers and locals.
Owner has decided to sell to pursue other business interests. Owner may consider some owner financing for a qualified buyer with a proper down payment. Owner will help train and transition new owner. Contact Ray Jennings directly today for more information at 318-435-8770. Agent is sponsored through Sunbelt Business Brokers of Northeast Louisiana, sponsoring real estate broker Brandon Bourgeois 225-201-0202.
Don’t wait long, prime truck stop casinos businesses for sale like this don’t last long. Act fast before its gone!
Absentee Truck Stop With Casino And Restaurant In Northeast Louisiana
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