Business for Sale Overview:
Owner moving out of the area and must sell. This price is an outstanding value. This independently owned store is located 20 minutes from Champaign, Illinois and 80 miles south of Elgin, IL. It is the only store in the town and is very close to two recreational lakes. The building is over 4200 sq. feet and sits on almost one acre of land. New Gilbarco dispensers in 2010. New Gilbarco Passport POS System with two registers in 2010. The 16 camera security system is also new. The top notch back office system with scanning was installed in 2008 and allows you instant access to daily, monthly, or yearly reports. There is one walk-in freezer and two walk-in coolers. It is located on a very busy road and has no competition in town. There is grocery, deli, soda, beer, wine, and huge liquor department. There is also video rental that does very well. There is a beautiful kitchen area where the deli is operated out of. You could add a pizza program, LINK food stamp program, and an ATM that pays commission. You could increase sales even more by staying open later than 8 PM which is when the store closes. The gas, Bio Diesel, and K-1 are set up to pump 24 hours a day and will take cash or credit card. Total fuel sales gallons for 2009 were 800,000. Profit per gallon was 15 cents. The total sales for 2009 were $3,200,000. The inside sales for 2009 per month were $77,000. The margin on the inside ran at about 30%. The gallons per month for 2009 were 70,000. Total sales for 2010 were over $3,000,000.The owner is tired and wants to retire. You will make great money at this store. Do not wait on this one because you will not find a deal like this. Owner has just agreed to selling as a CONTRACT FOR DEED. Buyer will need $100,000 down plus about $320,000 for inventory. Price reduced to $450,000 for property, two buildings, and equipment (inventory additional). Call today until 10 PM.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Reason for Selling:
Wants to Retire
Additional Details:
- The property is owned.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.