Terry Monroe

American Business Brokers

120 E. Section St.

Effingham, IL 62401

Click here to download NDA


217-347-5758

Company Overview

American Business Brokers works everyday in the convenience store and gas station industry and knows what is needed in regard to jobberships, dealers, image money, veedor root systems, Ruby POS systems and all the technical terms that go with the industry. So, when we are talking to a prospective buyer, we can explain the industry and environmental issues to that Buyer in layman's terms. And, when we are talking with a prospective Seller, we understand their industry and can use our knowledge of the industry to help put the Seller facilities in the best perspective to Buyers. But, most of all, American Business Brokers is connected. American Business Brokers is connected to Buyers and Sellers everywhere. American Business Brokers' database holds thousands of prospective Buyers and past customers who are qualified to buy a convenience store or gas station.

Services Offered

Business Buyer Services; Business Seller Services; Business Consulting; Mergers & Acquisitions; Business Valuations; Franchise Opportunities.

Broker Profile

Terry Monroe has been in the business of establishing, successfully operating, and selling businesses for more than 25 years. At American Business Brokers, he serves as a consultant for business buyers and sellers throughout the nation, while his knowledge and expertise in multi-store operations and sales has led to several multi-million dollar transactions. As an expert source in the c-store industry, he writes a routine “Financial Insights” guest column for Convenience Store News and has been featured in CSP, NPN, and NACS magazines. For nearly a decade, his in-depth knowledge of enterprising, franchising, financing, and acquisitions have generated over 400 successful transactions for ABB, most of them in the convenience store industry. He can be contacted at: TMonroe@ABBUnitedStates.com

Areas Served

Illinois

Affiliations

IBBA; NACS

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Broker Listings


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My Listings (86 Found)

$650,000
Peoria, IL
$650,000
This 3,000 square feet convenience store has a full liquor license. You could add a ton more of beer, wine, & liquor. The property which is included is beautiful and in outstanding condition. You w…
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Revenue Not Disclosed
$90,000
East Peoria, IL
$90,000
This is a fantastic business that has been around for over 20 years. It is well established and the seller will introduce the buyer to many long term customers. Framing is a very high profit busines…
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Revenue Not Disclosed
$299,000
Bloomington, IL
$299,000
Long established college nightclub/bar in thriving central Illinois city located 150 miles south of Chicago. Currently, there are 3 bar stations, large walk in cooler, DJ station and setup with capaci…
Cash Flow Not Disclosed
Revenue Not Disclosed
$95,000
Peoria, IL
$95,000
his is your opportunity to purchase a super cool business that the family can run ! It is fun, short hours, and very profitable. Yearly revenue is about $130,000. It is well established. There wil…
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$135,000
Not Disclosed, IL
$135,000
You will just love this family business. Yearly revenue is about $170,000. It is profitable and the more you work, the more you will make. An owner could really save on payroll. As the new owner y…
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Revenue Not Disclosed
$340,000
Peoria, IL
$340,000
This 2,500 square feet liquor store is super busy all the time. Sales are about $122,000 a month plus the lottery sales. THIS IS A GREAT STORE. It is open seven days, but the hours could be longer.…
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Revenue Not Disclosed
$2,700,000
Not Disclosed, IL
$2,700,000
This grocery store is over 16,000 square feet and the building and land is included in the deal. The building is less than 15 years old. The inventory is also included in the price. This grocery sto…
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Revenue Not Disclosed
$149,900
Not Disclosed, IL
$149,900
This 7000 sq. ft. grocery store is such a great deal. The building and land is included in the $149,900 price. The building is in great condition and it is concrete block. This is a regular grocery…
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Revenue Not Disclosed
$45,000
Not Disclosed, IL
$45,000
This 7,000 square feet grocery store is an outstanding deal. It does about $35,000 a month in sales and is open a limited number of hours. It sells meat, produce, frozen, grocery, and much more. It d…
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Revenue Not Disclosed
$95,000
Not Disclosed, IL
$95,000
This 3,000 square feet liquor store has huge potential. It is the perfect size liquor store to add a lot more items. It is located in a hot area and a safe area. This long term owner does not work a…
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Revenue Not Disclosed
$325,000
Not Disclosed, IL
$325,000
This Central Illinois children’s entertainment business has been around for years. It is well established and very profitable. 90% of your customers hire you year after year! This is a very fun bus…
Cash Flow Not Disclosed
Revenue Not Disclosed
$4,200,000
Not Disclosed, IA
$4,200,000
VERY NICE 60 plus room hotel property located in the Quad City(Iowa) area. 2018 sales were $1.415M. Updated PIP(parts have been done) to be completed by new owner. Indoor pool, fitness room, business…
Cash Flow Not Disclosed
Revenue Not Disclosed
$50,000
Not Disclosed, IL
$50,000
This 2,500 square feet diner is so cute and easy to run. It is open very limited hours (less than 30). You could expand by at least another 40 hours a week. This place comes with tons of catering good…
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Revenue Not Disclosed
$135,000
Not Disclosed, IL
$135,000
This place is a SUPER CUTE, nine room motel. It has been in the same family for many years. There are minor upgrades a buyer can do, however, the place is in very good condition. There is a private…
Cash Flow Not Disclosed
Revenue Not Disclosed
$175,000
Not Disclosed, IL
$175,000
This 2700 Sq. Ft. pub is an awesome place that is very popular. The yearly gaming is over $100,000 a year. The sales from drinks are about $175,000. There is no food and no kitchen. However, there…
Cash Flow Not Disclosed
Revenue Not Disclosed
$670,000
Not Disclosed, IL
$670,000
This 32 room motel is located in Central Illinois and has had the same owner for about 20 years. The owner just wants to retire. This motel has had many updates. The roof was $57,000 and is about 7 ye…
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Revenue Not Disclosed
$125,000
Not Disclosed, IL
$125,000
REDUCED. Super deal! This is your chance to own a gaming cafe. This place is beautiful and you will love it. There are five well trained employees that cover the hours for you. Gaming revenue is …
Cash Flow Not Disclosed
Revenue Not Disclosed
$6,000,000
Not Disclosed, FL
$6,000,000
Extremely nice 60 plus room flagged hotel property located on the Florida panhandle. 2017 revenue $1,778,000 and growing! Medium service with many amenities and PIP completed. Confidentially Agreement…
Cash Flow Not Disclosed
Revenue Not Disclosed
$1,800,000
Not Disclosed, IA
$1,800,000
Very nice and Busy 50 plus room flagged economy motel located in central Iowa off of Interstate 80. 2018 room revenue was $727,000 without tax. Confidentially Agreement to be signed by all parties. Co…
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Revenue Not Disclosed
$745,000
Not Disclosed, IL
$745,000
This 2,200 square feet gas station looks fantastic. Very nice and super clean. Inside sales are $62,000 a month and the gallons are 47,000 a month. It has a great beer, wine, and liquor section. They…
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$250,000
Not Disclosed, IL
$250,000
This 20,000 square feet grocery store has NO ALCOHOL. It is very high volume and does about $4,650,000 a year. It has had the same owner for over 20 years and she wants to retire. There are about 4…
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Revenue Not Disclosed
$125,000
Not Disclosed, IL
$125,000
This may be the hottest grocery deal I have seen in years. The 5,500 square feet building is included. The yearly sales are about $670,000 and that is with very short hours. The owner will train th…
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$570,000
Not Disclosed, IL
$570,000
This gas station is beautiful. It has huge potential to increase sales. The 1,700 square feet gas station has 4 new pumps with the up to date credit card system. The canopy looks new. The tanks are…
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Revenue Not Disclosed
$290,000
Peoria, IL
$290,000
REDUCED. SUPER HOT DEAL. This 3000 sq. ft. gas station has an outstanding location on a very busy road. It is well established and has long term employees. It has beer, wine, & liquor and has a hu…
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$79,500
Champaign, IL
$79,500
REDUCED - This FAST FOOD type restaurant has been around for years. Yearly sales are about $240,000. This place is open limited hours and is easy to run. There are five part-time employees. This pl…
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$795,000
Not Disclosed, MO
$795,000
Gas Station with convenience store. Fuel volume averages 32,400 per month and trending up. Inside sales are $71,400 per month also trending up. Last six months are 37,000 fuel and $80,000 inside. Clea…
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$55,000
Not Disclosed, IL
$55,000
This 800 square feet convenience store includes the building. This store is a super deal for $55,000. The store sells grocery, tobacco, chips, candy, beer, etc. Great little store for one or two p…
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Revenue Not Disclosed
$299,000
Not Disclosed, IL
$299,000
This high volume grocery store comes with the building. The building is about 10,000 square feet. This grocery store also sells beer, wine, and liquor. The yearly sales are over $1,500,000 which does …
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$495,000
Not Disclosed, IL
$495,000
This is a beautiful 4,500 square feet gas station. It is located about 30 minutes north of Collinsville, illinois. The building is only about 8 years old and super nice. The pumps and all other equ…
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Revenue Not Disclosed
$499,000
Quincy, IL
$499,000
This is an outstanding Quincy, Illinois business. This is a very profitable business near Quincy, Illinois. There are about 10 employees. Yearly revenue is over $1,500,000. This is a very establis…
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Revenue Not Disclosed
$75,000
Peoria, IL
$75,000
This 3,000 square feet convenience store is in a great location with tons of people living nearby. Monthly sales are about $45,000 per month. There is a full kitchen with walk-in coolers and some bas…
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Revenue Not Disclosed
$550,000
Not Disclosed, IL
$550,000
Outstanding deal on this liquor store. This deal includes the 2,000 square feet building. Yearly sales are about $650,000. It is in a great neighborhood location with tons of people living nearby. …
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$495,000
Not Disclosed, IL
$495,000
This laundromat chain is well established and has been around for years. There is over $180,000 in new equipment and new plumbing. These are all great locations. The yearly revenue is about $200,00…
Cash Flow Not Disclosed
Revenue Not Disclosed
$72,000
Peoria, IL
$72,000
This 8,000 sq.ft. Event Center is also a nightbclub several days a week. It is open very limited hours, but generates good income. This place is an outstanding deal and you will receive about $60,00…
Cash Flow Not Disclosed
Revenue Not Disclosed
$3,400,000
Not Disclosed, IL
$3,400,000
Well maintained & Profitable 60 plus room hotel property located in the Quad City(Illinois) area. 2017 sales were $$1.275M. Updated PIP in 2013-2014 to new specs for Choice Hotels. New Sign package to…
Cash Flow Not Disclosed
Revenue Not Disclosed
$34,000
Not Disclosed, IL
$34,000
VERY LIMITED COMPETITION. Your chance to own a major carpet cleaning and restoration franchise. This is located about one hour South of Champaign, Illinois. You will have a great territory. Many m…
Cash Flow Not Disclosed
Revenue Not Disclosed
$125,000
Not Disclosed, IL
$125,000
This Champaign/Urbana area laundromat does great, but could do much better if open more hours. Total yearly sales for the laundromat and dry cleaning is $170,000 a year. They are both very profitabl…
Cash Flow Not Disclosed
Revenue Not Disclosed
$70,000
Not Disclosed, IL
$70,000
This 1,200 square feet bait and tackle store stays busy all the time! This is a high volume bait shop and sales will be disclosed when you inquire. The place has great gross profit margins. Rent is d…
Cash Flow Not Disclosed
Revenue Not Disclosed
$160,000
Not Disclosed, IL
$160,000
Mobile storage solutions - "WE Deliver, You Pack, We Pick-Up & Store...". This is an ideal business for an entrepreneur looking to own modular mini storage or the owner of conventional mini storage un…
Cash Flow Not Disclosed
Revenue Not Disclosed
$765,000
Not Disclosed, IL
$765,000
This is a great gas station with the property which sits on a very busy highway. This store does $80,000 inside sales plus lottery and the gas pumps 50,000 gallons a month. This store sells beer, wi…
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Revenue Not Disclosed
$2,800,000
Not Disclosed, IL
$2,800,000
This liquor store building is just beautiful inside and out. The building is about 12 years old and all the equipment is the same. There is a ton of parking for your customers. The store is open seven…
Cash Flow Not Disclosed
Revenue Not Disclosed
$185,000
Not Disclosed, IL
$185,000
This 7,000 square feet grocery store includes the building and is a fantastic deal. The building is in top condition. You will be very impressed with all the equipment. and fixtures. Monthly sales …
Cash Flow Not Disclosed
Revenue Not Disclosed
$850,000
Not Disclosed, IL
$850,000
This 3,500 square feet restaurant / pub is just amazing! The place is so beautiful. The building is included and the equipment is in outstanding condition. 2017 revenue was over $800,000 and 2018 sho…
Cash Flow Not Disclosed
Revenue Not Disclosed
$25,000
Not Disclosed, IL
$25,000
This is a booth rental salon in the Peoria area. It is about 2300 sq. ft. You will own everything and the stylists pay you rent each month. They do hair, nails, and waxing. The shop has been aroun…
Cash Flow Not Disclosed
Revenue Not Disclosed
$438,000
Not Disclosed, IL
$438,000
This is a well established construction company that has been around for years. The owner is ready to retire. This business is priced right. The buyer receives all vans, equipment, building, traini…
Cash Flow Not Disclosed
Revenue Not Disclosed
$1,200,000
Not Disclosed, IL
$1,200,000
This Peoria area restaurant is beautiful and in great condition. The building is over 4,700 square feet and there is a very nice bar. It is located on a busy street. There is a ton of off street par…
Cash Flow Not Disclosed
Revenue Not Disclosed
$650,000
Not Disclosed, IL
$650,000
Very nice grocery store that comes with a well constructed building and comes with newer equipment. The grocery store equipment is in excellent condition which will limit your maintenance costs. Thi…
Cash Flow Not Disclosed
Revenue Not Disclosed
$499,000
Not Disclosed, IL
$499,000
This 7,500 square feet grocery store includes the building. It is in great condition and the equipment has been maintained. The yearly sales are over $1,500,000. This store does not sell alcohol. The …
Cash Flow Not Disclosed
Revenue Not Disclosed
$650,000
Not Disclosed, IL
$650,000
Well established grocery store for only $650,000. Annual sales of $1,200,000. This price includes the entire package: BUSINESS, REAL ESTATE, EQUIPMENT, AND INVENTORY. There is a total of three bui…
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Revenue Not Disclosed
$1,800,000
Not Disclosed, IL
$1,800,000
$$$ MONEYMAKER $$$ Excellent Branded location near 1-74 in west central Illinois. 50k UL/ 30k diesel gallons per month, $100-$110k in inside sales (grocery, soda, beer wine liquor, snacks, tobacco et…
Cash Flow Not Disclosed
Revenue Not Disclosed
$890,000
Not Disclosed, IL
$890,000
This well established preschool has a great staff that has been around for years. There are ten staff members. The 6,000 square feet building is included in the asking price. There have been about $…
Cash Flow Not Disclosed
Revenue Not Disclosed
$125,900
Not Disclosed, IL
$125,900
This store is about 1200 sq. ft. and very nice. It does sell beer, wine, and liquor, There is plenty of parking. This is a well established convenience store with 6 employees. Total yearly sales …
Cash Flow Not Disclosed
Revenue Not Disclosed
$1,400,000
Not Disclosed, IL
$1,400,000
This is a beautiful grocery store located about 35 minutes West of Elgin, Illinois. The property is included and the building is 13,000 square feet. It is in outstanding condition. There is off stre…
Cash Flow Not Disclosed
Revenue Not Disclosed
$389,000
Dwight, IL
$389,000
Premier Autobody Collision Repair and Restoration Shop in the area. Excellent reputation for quality workmanship at a fair price. Seller is looking to retire but will stay on for training of a new own…
Cash Flow Not Disclosed
Revenue Not Disclosed
$850,000
Not Disclosed, IL
$850,000
This liquor store is near St. Louis, but in Illinois. The 5,000 square feet building is included in the price and it sits on a large lot. Monthly sales are about $65,000 plus lottery. Gaming commissi…
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Revenue Not Disclosed
$299,000
Not Disclosed, IL
$299,000
You will just love this 3400 sq. ft. restaurant. Everything is so beautiful after the recent remodel. The kitchen is just amazing to see. It has everything. This place also has a full bar and the …
Cash Flow Not Disclosed
Revenue Not Disclosed
$280,000
Not Disclosed, IL
$280,000
This 8,000 square feet grocery store is beautiful. You will love it! The rent is super cheap. There have been tons of updates. This is a well established grocery store. The monthly sales are about $17…
Cash Flow Not Disclosed
Revenue Not Disclosed
$175,000
Not Disclosed, IL
$175,000
This 5,000 square feet grocery store is in great condition. Everything from the parking lot to the equipment looks great. You will be proud to own this store. Real estate taxes are low. There are eigh…
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Revenue Not Disclosed
$175,000
Not Disclosed, IL
$175,000
This 2,200 square feet convenience store includes the building. The $175,000 price includes $35,000 in inventory. Yearly sales average about $575,000 a year. This store does sell beer, wine, and li…
Cash Flow Not Disclosed
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$95,000
Champaign, IL
$95,000
This 1800 sq. ft. coffee shop is super cute. People just love the place. Located outside of Champaign/Urbana. There are eight dedicated staff members and the place is open seven days a week. All m…
Cash Flow Not Disclosed
Revenue Not Disclosed
$495,000
Champaign, IL
$495,000
This is a well established store in the Champaign/Urbana area. This 18,000 square feet grocery store is an outstanding deal. It is super clean and the equipment is in great condition. This is a long t…
Cash Flow Not Disclosed
Revenue Not Disclosed
$250,000
Not Disclosed, IL
$250,000
This is a beautiful liquor store and the price includes the land and building. It is about 3,400 square feet. It is mainly beer, wine and liquor. There are hundreds of convenience store items that co…
Cash Flow Not Disclosed
Revenue Not Disclosed
$30,000
Peoria, IL
$30,000
This 2,400 square feet convenience store has a full kitchen with tons of equipment. Store sales and hot food sales total about $800 a day. They could be way higher because the store is open limited …
Cash Flow Not Disclosed
Revenue Not Disclosed
$130,000
Not Disclosed, IL
$130,000
This is a super hot deal. This place is listed at a great price for the low rent and the huge potential. Over 100 apartments coming next door. It is located on a super busy road. The hours are so …
Cash Flow Not Disclosed
Revenue Not Disclosed
$109,000
Not Disclosed, IL
$109,000
Well Established Pool & Spa sales/service business with 2017 sales of $230,000 and growing in 2018. Located in NW central Illinois. Building rent is low at $600NNN per month. This is includes large sa…
Cash Flow Not Disclosed
Revenue Not Disclosed
$25,000
Terre Haute, IN
$25,000
This 1,800 Square Feet gas station is in a small town with no competition. There is no alcohol sold. The inside sales are $30,000 a month and growing. The gallons are around 20,000 a month. Lotter…
Cash Flow Not Disclosed
Revenue Not Disclosed
$675,000
Not Disclosed, IN
$675,000
This 2,000 Square Feet gas station which includes the building and land is very nice and super busy. You will love this place. Inside sales are $66,000 a month and the gallons pumped are about 60,0…
Cash Flow Not Disclosed
Revenue Not Disclosed
$2,035,000
Springfield, IL
$2,035,000
This unique fabrication shop is a super deal. 2018 sales are up 35% and the company should do about $2,300,000 for the year. All trucks, equipment, real estate, and tools are included in the sale. …
Cash Flow Not Disclosed
Revenue Not Disclosed
$80,000
Peoria, IL
$80,000
THIS IS AN OUTSTANDING BUSINESS. 2018 sales were up compared to 2017. This very profitable tanning salon has been around for years. There are hundreds and hundreds of clients. This 1600 sq. ft. fac…
Cash Flow Not Disclosed
Revenue Not Disclosed
$37,500
Peoria, IL
$37,500
OUTSTANDING DEAL. REDUCED. The 2800 sq. ft. pizza restaurant has everything you need to open your own place. From the tables, chairs, pizza oven, dough mixer, Walk-in cooler, plat screen TV’s, pan…
Cash Flow Not Disclosed
Revenue Not Disclosed
$140,000
Peoria, IL
$140,000
This 2000 sq. ft. liquor store does aver $50,000 a months sales. Profit margins are huge. It is located very close to Peoria, Illinois. Rent is cheap. This store sells beer, wine, liquor, tobacco,…
Cash Flow Not Disclosed
Revenue Not Disclosed
$45,000
Peoria, IL
$45,000
This gas station does about $50,000 a month in sales inside the store not including lottery. This store sells no alcohol. It is about 2,000 square feet and super clean. It is located on a super bus…
Cash Flow Not Disclosed
Revenue Not Disclosed
$695,000
Not Disclosed, IL
$695,000
This 16,000 square feet grocery store does about $2,000,000 a year in sales. It has beer, wine, and liquor. There are 28 employees. The seller has had it for 25 years and wants to retire. This pla…
Cash Flow Not Disclosed
Revenue Not Disclosed
$3,100,000
Not Disclosed, IA
$3,100,000
NEW PRICE! Very nice well maintained 51 room flagged hotel in eastern Iowa. The PIP is completed($1.5M) -auto transfer to buyer. There will be a changeover fee to the buyer from franchise. 2017 net re…
Cash Flow Not Disclosed
Revenue Not Disclosed
$580,000
Not Disclosed, IL
$580,000
$580,000 is an outstanding price for this gas station. This 3600 sq. ft. gas station is super nice. The building is in excellent condition. The store sells beer, wine, and liquor. However, you coul…
Cash Flow Not Disclosed
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$350,000
Mt. Sterling Area, IL
$350,000
This 1,400 square feet gas mart includes the property. The inside generates about $65,000 a month plus lottery. It pumps about 30,000 gallons a month. Lottery and the ATM bring in another $2,000 a …
Cash Flow Not Disclosed
Revenue Not Disclosed
$220,000
Not Disclosed, IL
$220,000
SUPER HOT DEAL. This 1200 sq. ft. gas station is super nice. The building and land is included in the sale. All equipment is included and in great condition. There are five dedicated employees. B…
Cash Flow Not Disclosed
Revenue Not Disclosed
$750,000
Effingham, IL
$750,000
REDUCED. Located just 40 minutes from Champaign, Illinois. This is a super hot deal. This beautiful grocery store is over 20,000 sq. ft. and the building and land is included. The building, equipmen…
Cash Flow Not Disclosed
Revenue Not Disclosed
$350,000
Springfield Area, IL
$350,000
This 15,000 square feet grocery store is spotless. The price includes the building, equipment, business, and training. The building and equipment are in outstanding condition. There are 19 employee…
Cash Flow Not Disclosed
Revenue Not Disclosed
$197,000
Peoria Area, IL
$197,000
This is a fantastic deal for someone. This garage repair and replacement business generates over $400,000 by working five days a week. The buyer could work nights and weekends to increase business. …
Cash Flow Not Disclosed
Revenue Not Disclosed
$1,600,000
Not Disclosed, IL
$1,600,000
This welding and fabrication shop has been around for over 50 years. The buyer will receive the real estate, all equipment, trucks, business, inventory, and training. About 50% of the work is done …
Cash Flow Not Disclosed
Revenue Not Disclosed
$390,000
Not Disclosed, IL
$390,000
REDUCED. SUPER HOT DEAL This construction company has been around about 30 years. The average revenue for the past three years is about $1,000,000 a year. This company has very long term employe…
Cash Flow Not Disclosed
Revenue Not Disclosed
$595,000
Not Disclosed, IL
$595,000
This is an amazing store with huge potential to be even better. The building which is included is over 5000 sq. ft., but the actual store could be expanded by at least 1000 sq. ft. for additional sale…
Cash Flow Not Disclosed
Revenue Not Disclosed
$1,199,000
Not Disclosed, IL
$1,199,000
Convenience store(no gas) with adjacent laundromat. Listing price includes all real estate, buildings(5000 sq ft.), coolers, freezers, etc... Weekly sales avg. of $26,000 w/o lottery(grocery, liquor, …
Cash Flow Not Disclosed
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$250,000
Not Disclosed, IL
$250,000
THE OWNER WILL FINANCE FOR THE RIGHT INDIVIDUAL. This grocery store generates over $4,700,,000 in sales in just 15,000 sq. ft. On that revenue you have over $1,000,000 in gross profit dollars. Th…
Cash Flow Not Disclosed
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$195,000
Peoria, IL
$195,000
This outstaning service business has been around for 25 years. It is located on a busy road and the rent is dirt cheap. Buyer receives $45,000 in equipment and service trucks. Buyer receives about …
Cash Flow Not Disclosed
Revenue Not Disclosed

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