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This C-store located in the metro east is located on a very busy street on both sides of building. Last year sales right at 3 million and this year doing better. Sellers are moving out of the area and have this store with gas and real estate ready to take over and make money day one. This store also has Illinois Gaming and last year did over 235k profit for these owners. Please call Jeff or Ken at Fusion Business Brokers for more information. Please reference ID#1326JJKK.
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The business was started in 2017 and has two areas it focuses on with both used car sales and a repossession yard. The repossession side of the business was added in 2020. Both are profitable in the market and growing. The car sales side of the business has historically been the bigger of the two portions with 75% of the profit stream being realized from this aspect. The repo side of the business is growing by leaps and bounds with this year's numbers far outweighing last year's numbers at this same time. The repo side of the business is trending to be a hot market for the next 10 years with the effects of COVID and the financial ramifications of that. Currently, the repo side of the business is 25% of the business.
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