Convenience Store on Broad & Esplanade

Undisclosed Address, New Orleans, LA 70119
Business Opportunity for Sale
Catylist Listing ID: 30164460
Property Subtypes: Food and Beverage
Building Size (RSF): 5,600 SF
Sale Price: $200,000
Name of Establishment: Lava Supermarket
Year Business Established: 2012
Gross Revenue: $540,000 (Annual)
Cash Flow: $0 (Annual)
Last Updated: 9/3/2020

Overview / Comments

***NOTICE: New legislation in NOLA prohibits NEW convenience stores from opening within 1 mile of each other in New Orleans, making the currently established convenience stores more valuable and competitive as their rights will remain grandfathered in

Convenience Store & Deli at 1410 N. Broad near Esplanade (25,000 cars per day). Very clean and spacious business operating in this stand alone building for the past 5 years. The 5 year lease runs through April 2022 and includes a rear warehouse that can be rented and a side parking lot. The kitchen/deli has been closed for the past year, but has all the necessary equipment for the right operator. All FF & E are included. Income from Lotto, ATM & warehouse rental, in addition to the C-Store. Large inventory. Liquor license. 3 Phase Electric. HUGE walk-in cooler. Call for more information. By appointment only!

Additional Details

Industry Segment: Grocery and Supermarkets
Reason for Selling: Move to New York to be with family.
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Employee/Labor Description: Family
Mgmt/Training Support Description: Two weeks post sale.


Photograph of Listing Agent

Michael E Allain

KW Commercial 889-9898 Metairie, LA 70002
LACDB Member
Photograph of Listing Agent

Bob R Fraiche

KW Commercial 889-9898 Metairie, LA 70002
LACDB Member
Photograph of Listing Agent

Russell Bernstein

Metairie, LA 70002
LACDB Member
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