Montgomery County, IL Businesses For Sale

Passport Lounge
$250,000
Passport Lounge

Litchfield, IL

What a great opportunity to own a great commercial property in Litchfield on the Historic Old Route 66. Over 4,700 square footage of usable space, the possibilities are endless. The current use as a tavern / entertainment facility. Huge L - Shaped bar with ample seating, 3 beverage stations, lower sliding coolers. Large walk in cooler behind the bar area. Near the bar is a large dance floor and stage area for bands or karaoke. A very large area is designated for tables and chairs. Dart boards and pool tables create an additional income source. The gambling machine area is a large draw for investors in terms of monthly income. Separate male and female bathrooms.

Auto Service Provider & Tire Retailer
Cash Flow: $205,000 Seller Financing
Auto Service Provider & Tire Retailer

Montgomery County, IL

The Company provides automobile tire and general repair services to customers in its regional market. Tire sales and services include lawn and garden equipment, passenger cars and light trucks, and medium trucks and farm tractors. The Company relies on its prime near-highway location, radio and newspaper advertising, co-op advertising programs through Napa Auto Parts, and Firestone and Michelin tires, word-of-mouth, and referrals to generate business. Customers are general public patrons and agricultural (75% of 2015 revenues), and state/commercial/national bids (25%). * Strong supplier relationships: The Company is an authorized dealer and/or installer for Firestone® and Michelin® tires, and NAPA Auto Parts. * Diversified customer base: The Company‚Äôs customer base is very diverse as no single customer represents more than 8% in a given year. * Management will remain through transition: To facilitate a successful and orderly transition, the current owners are willing to remain with the Company during a transition period.