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Coles County, IL Businesses For Sale

3 Coles County, IL Businesses For Sale Found.

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Interstate Gas Station w/ Gaming
$1,050,000
Interstate Gas Station w/ Gaming

Coles County, IL

Interstate gas station with video gaming. Branded fuel and has Subway inside that pays rent. Over 100,00 fuel gallons per month and $56,500 per month inside sales without Lottery. High volume store on busy highway and Interstate exit.

Central Illinois Family & Italian Restaurant with Real Estate
$695,000 Seller Financing
Central Illinois Family & Italian Restaurant with Real Estate

Coles County, IL

Long standing successful restaurant serving breakfast, lunch and dinner 7 days per week. Sales are consistent at nearly $1,500,000 per year and the operation is profitable. Since starting out as a pizza and pasta restaurant almost fifteen years ago, This restaurant has blossomed into one of the best diner style restaurants in Central Illinois. They have a full menu of offerings for breakfast, lunch and dinner. They still lay claim to the best pizza around, but their choices have broadened to please the whole family including their great fried chicken and homemade pies. They deliver their entire menu every day from open until close. They also cater events of any size anywhere in Central Illinois. The real estate is included in the price. This is a great operation with no late nights and room to grow.

In-Home Care Business #169
$1,100,000 Cash Flow: $474,763
In-Home Care Business #169

Charleston, IL

The Sellers have already established an extremely successful business in just over 3 years of operations. This independent business is well-positioned in the healthcare market and will ride the tremendous wave of aging seniors for the next 15 to 20 years. The US Census projects that the number of seniors aged 65 and older will increase by 80% between 2010 and 2030. The business model is to hire caregivers (some certified, but most not) to go into the client’s home to provide non-medical services. These services include such things as meal preparation, light housekeeping, bathing assistance, companionship and medication reminders. About 20% of the revenue in 2015 is expected to come from programs funded by the state of Illinois, which has typically reimbursed providers within 30-45 days after receipt of invoice. The Owners are looking to sell the home care company in order to focus more attention on their other profitable businesses. The Owners started this business to help seniors in their community, and it quickly grew larger than they were able to manage comfortably alongside their other businesses. It can be managed locally by an owner-operator to maximize profitability. Or, it could be managed remotely with a strong office manager / business development person, supplemented with some clerical assistance. This represents a tremendous financial opportunity for a business savvy individual. Sales for 2015 (it’s 3rd full year of business) were $1.8 million, generating a nearly 65% growth over prior year sales of $1.1 million. Even with such great growth, there are many opportunities to take it even higher. Advertising spend in 2015 was roughly $7k, and very little time or effort is put into marketing or business development. The business continues to receive most of its new clients through word-of-mouth referrals or through strong relationships with placement offices of local branches of state agencies. The business is also very profitable. About 70% of sales go to compensation for caregivers, payroll taxes and worker’s comp insurance – all variable costs. The Owners have kept fixed costs low, which results in great profit numbers and financial stability. Net income per the 2014 tax return was in excess of $200k, with 2015 at $346k. After taking into account payments to officers and other items, the adjusted SDE for 2014 was $260k, and for 2015 was $475k. The primary constraint on future growth is hiring more caregivers, which would require no future capital outlays, so the sky is the limit! In summary, this company has grown quickly and consistently since its inception in 2012. With low fixed costs and roughly 30% variable margins, any future growth will drop substantially to a bottom-line that already boasts an adjusted SDE of $475k for 2015. At an asking price of $1.1 million, a payback period of just over 2 years is already in the run rate. Ramp up marketing and business development and continue to fuel the historical growth rate, and get paid back in 2 years. And then, sit back and imagine where you can take this business in 10, 15 or 20 years, when the Boomers hit their peak! For more information, call 314-548-2153 or info@premierbb.com.