Terry Monroe

American Business Brokers

120 E. Section St.

Effingham, IL 62401

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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 (61 Found)

$150,000
Not Disclosed, IL
$150,000
This grocery business includes the 9,000 square feet building. The building is in good condition. The equipment is in good condition and looks nice. This store has been around for many years. The …
Cash Flow Not Disclosed
Revenue Not Disclosed
$180,000
Not Disclosed, IL
$180,000
This established carpet & upholstery business has been around for over 20 years. The building, vans, cleaning equipment, chemicals, and much more is included in the sale. The seller will train the b…
Cash Flow Not Disclosed
Revenue Not Disclosed
$210,000
Not Disclosed, IL
$210,000
This bakery is about 2,000 square feet. The building is in great condition. The retail is open very limited hours. You could really expand them. There are about 30 wholesale customers, but you could e…
Cash Flow Not Disclosed
Revenue Not Disclosed
$75,000
Not Disclosed, IL
$75,000
This laundromat is well established and has been around for years. The current owner has had it for 17 years. The owner is ready to retire. Rent is only about $600 a month. That is a deal. Gas and e…
Cash Flow Not Disclosed
Revenue Not Disclosed
$299,000
Not Disclosed, IL
$299,000
Both grocery/convenience store/ liquor locations located near Interstate 1-80. Combined sales are $25,000 per week/$1,3M-1,4M per year. All real estate, buildings, owner apartment, fixtures, equipment…
Cash Flow Not Disclosed
Revenue Not Disclosed
$995,000
Not Disclosed, IA
$995,000
Grocery store, Liquor store, Laundromat & Car Wash "ALL TOGETHER" in 1 Business situated on 2 adjacent parcels of land. Located in very nice low crime neighborhood close to major Interstate. All build…
Cash Flow Not Disclosed
Revenue Not Disclosed
$125,000
Not Disclosed, IL
$125,000
This 1,100 square feet bar has the building and land included. The building is solid and looks great on the outside. On the inside, the kitchen could use some updates. The bar seats about 16 and th…
Cash Flow Not Disclosed
Revenue Not Disclosed
$775,000
Not Disclosed, IL
$775,000
This grocery store is about 10,000 square feet. The building is in outstanding condition and so is the parking lot. There is a ton of parking for the customers. You will love the look of the store in…
Cash Flow Not Disclosed
Revenue Not Disclosed
$170,000
Not Disclosed, IL
$170,000
This long term owner is ready to retire! He has been at this gas station for 30 years. The monthly inside sales are $54,000 plus lottery. The gas pumped per month is 20,000 gallons. There are so m…
Cash Flow Not Disclosed
Revenue Not Disclosed
$765,000
Not Disclosed, IL
$765,000
This beautiful gas station building is over 8,500 square feet. The gas is about 30,000 gallons a month and the inside about $50,000 a month. There is a beer, wine, & liquor license and hard liquor wa…
Cash Flow Not Disclosed
Revenue Not Disclosed
$70,000
Not Disclosed, IL
$70,000
REDUCED. This floral shop is an outstanding deal! This high volume florist has been around for over 25 years. It is well established and has several long term employees. Yearly revenue is consiste…
Cash Flow Not Disclosed
Revenue Not Disclosed
$240,000
Not Disclosed, IL
$240,000
This movie theater is in outstanding condition and is about 7,000 square feet. It was built as a movie theater 75 years ago and has always been one. It is an outstanding venue for concerts, parties, a…
Cash Flow Not Disclosed
Revenue Not Disclosed
$750,000
Not Disclosed, IL
$750,000
REDUCED. Outstanding deal! This beautiful grocery store is only about 16 years old. It is very nice and so is all the equipment. It sells grocery, meat, produce, frozen, snacks, soda, household, b…
Cash Flow Not Disclosed
Revenue Not Disclosed
$225,000
Not Disclosed, IL
$225,000
This is a well established liquor store that has had the same owners for over 20 years. Located within Kane County, Illinois in the far Western Suburbs. Monthly sales are around $60,000 to $70,000 a…
Cash Flow Not Disclosed
Revenue Not Disclosed
$199,000
Not Disclosed, IL
$199,000
This 2,700 square feet liquor store does great business. The price includes the building and a large lot. The store sells beer, wine, liquor, snacks tobacco, bait, and pop. The location is about 50% d…
Cash Flow Not Disclosed
Revenue Not Disclosed
$229,000
Not Disclosed, IL
$229,000
Outstanding deal for $229,000. 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 …
Cash Flow Not Disclosed
Revenue Not Disclosed
$60,000
Not Disclosed, IL
$60,000
This bakery has been around for over 40 years. This place specializes in cakes. They make cakes for graduations, weddings, birthdays, retirement parties, and for many other occasions. There is also a …
Cash Flow Not Disclosed
Revenue Not Disclosed
$995,000
Not Disclosed, IL
$995,000
This 1,400 square feet gas station has outstanding sales numbers. Monthly inside sales is $107,000 plus lottery. The station pumps about 60,000 gallons per month. THIS IS A VERY GOOD STORE! There …
Cash Flow Not Disclosed
Revenue Not Disclosed
$59,000
Not Disclosed, IL
$59,000
This 1,200 square feet tobacco store is located South of Joliet Illinois and is well established. It is in a nice area and a safe area. 2020 sales should end up at about $830,000 for the year. The buy…
Cash Flow Not Disclosed
Revenue Not Disclosed
$100,000
Not Disclosed, IL
$100,000
This liquor store is about 2,800 square feet. Monthly sales are about $47,000 per month, but could be much higher. This store needs many more tobacco, vape, glass, and food products to be offered to …
Cash Flow Not Disclosed
Revenue Not Disclosed
$225,000
Not Disclosed, IL
$225,000
This 2,100 square feet laundromat is updated with over $135,000 in new equipment. That saves you a ton of repair costs. The building is also included in the sale. The building appraisal is around $…
Cash Flow Not Disclosed
Revenue Not Disclosed
$849,000
Not Disclosed, IL
$849,000
This gas station is over 3,000 square feet. The building is about 25 years old and in great condition. This store does sell beer & wine. The inside does $70,000 per month plus lottery. Gas gallons are…
Cash Flow Not Disclosed
Revenue Not Disclosed
$400,000
Not Disclosed, IL
$400,000
This 8,000 square feet grocery store is very beautiful. The equipment is in outstanding condition. The sellers want to retire and have been the only owners of the store. 2020 year-end sales should …
Cash Flow Not Disclosed
Revenue Not Disclosed
$225,000
Not Disclosed, IL
$225,000
This auto repair shop is located near Peoria, Illinois. The volume is about $430,000 a year. It is open 40 hours a week. You could add many more services to it. The buyer will receive about $60,000 in…
Cash Flow Not Disclosed
Revenue Not Disclosed
$799,000
Not Disclosed, IL
$799,000
This convenience store is over 4,000 square feet. The owner has owned it over 25 years! He wants to retire. There are 6 dedicated employees. The monthly sales are over $100,000 per month plus lott…
Cash Flow Not Disclosed
Revenue Not Disclosed
$319,000
Not Disclosed, IL
$319,000
This is a very nice 2,800 square feet gas station located near Sterling, Illinois. Building is great condition and there are new AC units. You also get storage units with this deal and over one acre…
Cash Flow Not Disclosed
Revenue Not Disclosed
$1,499,000
Not Disclosed, IL
$1,499,000
This gas station is over 3,000 square feet and there is a new roof and new AC units. Inside sales are over $100,000 plus lottery. The gas gallons per month are over 50,000. GAMING is available if y…
Cash Flow Not Disclosed
Revenue Not Disclosed
$850,000
Not Disclosed, IL
$850,000
This 2800 sq. ft. convenience store is amazing! It has a great beer, wine, & liquor selection. The building is included. The monthly sales are about $55,000 a month. Gaming commission is about $90…
Cash Flow Not Disclosed
Revenue Not Disclosed
$3,400,000
Not Disclosed, IL
$3,400,000
This truck stop is approximately 2,800 square feet. There are showers and a seperate canopy for semi-trucks. The inside sales are over $90,000 a month. Gallons per month are over 120,000. Gaming in…
Cash Flow Not Disclosed
Revenue Not Disclosed
$795,000
Not Disclosed, IL
$795,000
This 60 room motel has about 50 rooms that can be used at this time. Yearly revenue averages over $200,000 a year. The building is very solid construction. The utilities are low due to the type of …
Cash Flow Not Disclosed
Revenue Not Disclosed
$120,000
Not Disclosed, IL
$120,000
This 1,500 square feet liquor store does about $43,000 a month in sales (does not include lottery). It could be open many more hours. It is located in a larger town. This is a long term owner that i…
Cash Flow Not Disclosed
Revenue Not Disclosed
$110,000
Not Disclosed, IL
$110,000
Nice gas station with the property. Very nice little living quarters connected to the gas station. This place has a full beer, wine, & liquor license. This place has GAMING MACHINES. It is open li…
Cash Flow Not Disclosed
Revenue Not Disclosed
$160,000
Not Disclosed, IL
$160,000
This small grocery store is about 4,500 square feet and is located near Sterling, Illinois. It has had the same owner for over 25 years and he just wants to retire. The price of $160,000 includes the …
Cash Flow Not Disclosed
Revenue Not Disclosed
$925,000
Not Disclosed, IL
$925,000
This high volume gas station is about 90 minutes south of Chicago and it is about a 40 minute drive from Bloomington, Illinois. Inside sales are over $90,000 a month not including lottery. Gas gallons…
Cash Flow Not Disclosed
Revenue Not Disclosed
$150,000
Not Disclosed, IL
$150,000
REDUCED - This 2,500 square feet liquor store has an outstanding location. It is a very busy area! There are also a ton of homes and apartments around the store. Yearly sales are about $700,000 and…
Cash Flow Not Disclosed
Revenue Not Disclosed
$279,000
Not Disclosed, IL
$279,000
This business has had a long term owner who founded the company. He built this company from the ground up and will teach you the business. It is just one part-time employee and the owner. This busi…
Cash Flow Not Disclosed
Revenue Not Disclosed
$750,000
Not Disclosed, IL
$750,000
This 20,000 square feet grocery store comes with the building and land. It is a high volume grocery store doing over $3,900,000 in yearly sales. The buyer can expand the hours, add alcohol, and add …
Cash Flow Not Disclosed
Revenue Not Disclosed
$2,100,000
Not Disclosed, IL
$2,100,000
This liquor store building is just beautiful inside and out. The building is about 13 years old and all the equipment is the same. There is a ton of parking for your customers. The store is open se…
Cash Flow Not Disclosed
Revenue Not Disclosed
$72,000
Not Disclosed, IL
$72,000
This 2,800 square feet pub is about 2,800 square feet and the brick building is included. The roof, AC, and furnace is all new in the last five years. There is a huge beer garden that is covered. I…
Cash Flow Not Disclosed
Revenue Not Disclosed
$395,000
Not Disclosed, IL
$395,000
This is a very special grocery store. Yes...the building is included for this great price. The long term owner wants to retire. The store does about $3,500,000 per year in sales. It is very profit…
Cash Flow Not Disclosed
Revenue Not Disclosed
$425,000
Not Disclosed, IL
$425,000
You will love this small town gas station that has no competition. It pumps 30,000 gallons per month. The inside averages about $70,000 a month plus lottery. They could be even higher if you expand…
Cash Flow Not Disclosed
Revenue Not Disclosed
$195,000
Not Disclosed, IL
$195,000
This gas station is about a 1,000 square feet and the building is included. It does have a full liquor license. The gallons pumped per month are 27,000. There is lottery and an ATM. The inside sales a…
Cash Flow Not Disclosed
Revenue Not Disclosed
$275,000
Not Disclosed, IL
$275,000
This coin operated laundromat has a ton of new equipment. It is about 1,800 square feet. It has had a complete remodel. Great parking by the door. It is high volume and does over $100,000 in sales. …
Cash Flow Not Disclosed
Revenue Not Disclosed
$499,000
Not Disclosed, IL
$499,000
Extremely nice well maintained profitable small town grocery store located near a much larger metro area. The store’s reputation with its customers for high quality and service has been well establish…
Cash Flow Not Disclosed
Revenue Not Disclosed
$695,000
Not Disclosed, IL
$695,000
This Preschool & Daycare is only open five days and during the day. It generates about $740,000 in yearly revenue. The sale includes the business, equipment, fixtures, and furniture, and the BUILDIN…
Cash Flow Not Disclosed
Revenue Not Disclosed
$245,000
Not Disclosed, IL
$245,000
PRICE REDUCED from $299k to $245K. Very nice well maintained small town grocery store with full line(grocery, produce, meat, dairy, beer/wine, lottery) offering to customers. For a new owner this is t…
Cash Flow Not Disclosed
Revenue Not Disclosed
$59,000
Not Disclosed, IL
$59,000
This convenience store located near Naperville Illinois has rent that is only about $1,850 a month. That is cheap! The store is about 1,600 square feet and is beautiful. There is a big variety of beer…
Cash Flow Not Disclosed
Revenue Not Disclosed
$150,000
Not Disclosed, IL
$150,000
This 1,800 square feet laundromat is a free standing building which is included in the sale. Revenue disclosed when you inquire. The place is in great condition. You will receive about $60,000 in e…
Cash Flow Not Disclosed
Revenue Not Disclosed
$770,000
Not Disclosed, IL
$770,000
This is a very nice 1,600 square feet gas station that does great sales. Inside sales are about $75,000 plus lottery per month. Gas gallons are about 27,000 per month. This place is located on a supe…
Cash Flow Not Disclosed
Revenue Not Disclosed
$165,000
Not Disclosed, IL
$165,000
This 5200 Sq. Ft. convenience store includes building and equipment. Located just 90 minutes from Elgin, Illinois area. The building is in outstanding condition. There is a ton of parking. It 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, interstate exit location on the Florida panhandle. 2017 revenue $1.75M, 2018 revenue $1.8M, 2019 revenue $2M. This property currently has CMBS loan …
Cash Flow Not Disclosed
Revenue Not Disclosed
$225,000
Peoria, IL
$225,000
VERY BEAUTIFUL STORE. 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…
Cash Flow Not Disclosed
Revenue Not Disclosed
$3,400,000
Not Disclosed, IL
$3,400,000
CURRENT LOAN IS ASSUMABLE @ 4% THRU CURRENT LENDER. Well maintained & Profitable 60 plus room hotel property located in the Quad City(Illinois) area. 2017 sales were $$1.275M. Updated PIP in 2013-2014…
Cash Flow Not Disclosed
Revenue Not Disclosed
$1,800,000
Not Disclosed, IL
$1,800,000
$$$ 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
$2,800,000
Not Disclosed, IA
$2,800,000
NEW LOWER PRICE - THE CURRENT BANK WILL FINANCE THIS HOTEL PROPERTY WITH 20% DOWN and RATE IS 4% ASSUMABLE. GREAT DEAL!!! Very nice well maintained 51 room flagged hotel in eastern Iowa. The PIP is co…
Cash Flow Not Disclosed
Revenue Not Disclosed
$549,000
Not Disclosed, IL
$549,000
$549,000 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
Revenue Not Disclosed
$199,000
Not Disclosed, IL
$199,000
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
$170,000
Not Disclosed, IL
$170,000
This is a fantastice 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
$1,200,000
Not Disclosed, IL
$1,200,000
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
$270,000
Not Disclosed, IL
$270,000
$75,000 DOWN and the owner will finance. REDUCED. SUPER HOT DEAL This construction company has been around about 30 years. The average revenue for the past three years is about $850,000 a year. …
Cash Flow Not Disclosed
Revenue Not Disclosed
$799,000
Not Disclosed, IL
$799,000
NEW PRICE! 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(grocer…
Cash Flow Not Disclosed
Revenue Not Disclosed

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