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The Wall Street Journal Online

Great Gas Station Near Dixon, IL

Central Illinois, Illinois (Bureau County)

Photo Available
Asking Price:
$499,000
Gross Income:
$1,600,000
Cash Flow:
$125,000
EBITDA:
N/A
FF&E:
N/A
Inventory:
N/A
Real Estate:
N/A
Year Established:
N/A
Employees:
N/A
Business Types:
Convenience Stores
Gasoline Service Stations

Business Description

This is a great store for an owner who wants to run his own store. It is right next to Dixon, IL. The entire building is 5500 sq. ft., but the store is about 1600 sq. ft. 2010 was $1,600,000 in sales. Inside sales were $60,000 a month. That does not include lottery. Gas pumped is about 23,000 a month. There is no competion. There is no other gas station or grocery store in town. The store closes early at 9 PM. You can increase traffic by adding an ATM, video rental, and by adding lottery. The back area could be rented out for storage or made into a living quarters. The store has a nice 24x24 canopy. The tanks are fiberglass. The store does sell diesel. There is 24 hour pay at the pump. Real estate taxes are $4000 a year. The store sells beer and liquor which could be expanded. There is a six door walk-in cooler. The heating and a/c was new in 2000. Roof is in great shape. There are 7 employees and the payroll for them is $80,000. The owner s benefit is $125,000. You will not find another small town store like this.

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Broker Information

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(from currently available resources)
months

Business For Sale Listed By

Jeff Highfill
American Business Brokers
217-347-5758

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