PRICE CHANGE (Drastically) Now (7) days or 175 hrs. left to turn in your offer.
Old Asking Price $3'600'000
New Reserve Price $2'500'000
BYBO (Bring Your Best Offer)
By July 31st, 2024, at 1 P.m. central time.
send your offer to info@rjcomemrcial.com
UPON ACCEPTANCE YOU WILL HAVE 72 HRS TO DEPOSIT EARNEST MONEY EQUAL TO 2% OF THE OFFERING PRICE WITH THE TITLE COMPANY IN ESCROW.
On July 16th, 2024, the Price was drastically lower. The owner's Reserve Price is $2.5 Million, bring your best offer. Visit any day to the location to check out but do not disturb Employees, regarding the sales numbers or business or property sales.
20 Hampton Drive Morris IL 60450
Yearly Sales Data
Close to 2 million gallons of diesel & Gas.
C-Store around Million
Gaming $70'000 to 80'000 (The gaming company offers 4 more gambling machines so the total will be 10 machines and the revenue will jump another $40'000/ year so the total gambling income will be $110'000 or more a year owner share. they will be in soon
Truck Parking Rental Over $5000
Tanks,
3 underground tanks, made Composite single wall Glasteel installed in 1997, 20'000 gallons for diesel, 12'000 for regular gas & 12'000 for premium gas
Property Tax is very low for Truck Stops $23'441/year.
check out the last five years' total gallons, not bad, and don't miss it, this will go soon.
I did my review on gallons which is below, and the seller's accountant sent me 5 years of gallons in the attachment
RJ reviewed all 5 years' gallons and the profit.
2019 Gallons Net income Total fuel net profit
Gas 540'000, the margin was 36 cents (tax prepaid only cc fee) $194'400
Diesel 611'000 @ 69 cents (NO Tax on Diesel) $421'590 $615,990
2020 Gallons
Gas 615'000 margin was 30 cents $184'500
Diesel 1'300'000 margin 59 cents $897'000 $1'081'500
2021
Gas 550'000 at 37cents $165'000
Diesel 1'000'000 $ 450'000 $615'000
2022
Gas 500'000 gallons 54 cents $270'000
Diesel 1 million gallons with 53 cents $530'000 $800'000
2023
Total gallons I will get it from the seller but his 2023 balance sheet showing
Fuel Purchase $3'764'469
Fuel Sale only $4'145'718 $ 381'249
The owner has been running the last 12 years his first truck stop was 5 miles east of this EXIT then he took over the 2019 Morris. In 2023 he gave both management contracts to different parties and Morris other party ran down in the first 6 months of 2023. The owner took over back in September 2023 and since then sales have come back and recovered up to 68% in today's date. 4 more gaming machines are approved. Current Gaming Income is $72'000/year with another 4 machines, revenue will go up by $100'000/year.
This site is Dominant on the exit, with 2 sides entrance.
Fiberglass tanks and newer pumps.
Sales support all expenses and Mortgage with net income plus PROFIT currently.
Do not miss this opportunity. The current owner ran for over 12 years the Gas Station business, now wants to retire.
All buyers must sign an R & J Confidential agreement and Shoe proof of funds.
Brand is Amoco
5 years left to expire gas supply agreement.
Diesel No Supply Contract buy from anywhere
Absentee Ownership sold last year his second one on the next exit, this is a great opportunity for new blood to grow a fast and profitable venture. I-80 is the only State highway that connects the east coast to the west and the traffic count is over 200'000 vehicles. Trucks pass by and 2300 trucks take this exit daily.
If you go to build this kind of truck stop then these days only construction cost is not less than $4'000'000 to $5'000'000. This is available at almost half price.
The seller is Motivated, makes a reasonable offer, and accomplishes your Dream.
Dreams don’t work when you don’t.
We sold in Morris's previous 25-year-old Carwash with 1 acre of land for a million-dollar, cash deal & closed within 30 days in Dec. 2019. Now that carwash is over 2 million for sale. This is Premium Town. Only 45 minutes’ drive to Downtown Chicago.
Asking Price $3'200'000
Yearly sale data
Gallons 600'000 with 40 cents net margin
C-Store over $1.1 million "selling liquor & beer."
Subway $7223/week
Absentee ownership
supply expires in 2033
Property tax is $120'000/year
lottery sales over $800'000. Five 10'000 gallons tanks, Glavanizes steel installed in 1986.
Confidentiality Agreement required from all buyers to sign and provide Proof of funds, sellers instruction.
Asking Price $1'350'000
Population: 39,656 (2020 Census)
Size: 7.1 square miles
Residential land: 48%
commercial: 5%
public, institutional, park
open spaces: 24%
transportation & utilities: 23%.
Location: Adjacent to the City of Chicago, 14 miles northwest of downtown Chicago; 2 miles east of O’Hare Airport.
DEMOGRAPHICS
Median Income: $113,809
Per Capita Income: $58,978
Median Age: 44.8
Number of Housing Units: 14,384; 82.8% Owner Occupied
Average Household Size: 2.56 persons
Housing Stock: 77% single-family detached; 23% multi-family & townhomes
PROPERTY INFORMATION
Building (current size) 1244 sq. ft (In development plan can be extended up to 1844 sq.ft.)
land 0.27 acre
Mpds 4 (8 Positions)
Tanks Fiber, 10k,10k & 8k gallons.
installed 1979
sold history last sale was in 2019
appraisal came 2019 $1'170'000
Property taxes $36'851 (2023)
SALES INFORMATION
ATM, Lottery, and rebate income over $30'000 per year.
Gas Supply Agreement 8 years left. Suppliers are from the Top 10 suppliers in the United States.
Gallons 780'000 yearly
The gas profit margin is $.40 per gallon after all taxes and credit card fees.
C-store sale is confidential. Available for serious buyers after signing the confidential agreement and showing proof of funds.
Brokers Projection.
Bays were offered $5000/month rent, but to make the store size bigger seller refused to rent out at that time. You can rent out bays again or continue with the remodeling plan that the seller had, still, all drawings are available but the permit has expired.
Because of the delay in RJ's Projection to increase the store size, next to Shell, BP copied our idea and remodeled their store because Shell did not pursue the redevelopment plan, you can see below how Bp turned out Bp stole our idea, still not too late, Shell is signalized and Bp is not, once Shell convert like this below in the picture.
Store size can be extended to 1844 sq. ft. and sales projections are $80'000 c-store with a 35% margin and 80'000 gallons with 40 cents margin. Remodeling will cost new buyers around $300'000.
This site will turn out to be a premium site in the gas station industry and market value will be around 2.8 Million. This is more valuable if you franchise this location with 711.
Loan available with 25% down plus inventory, cash injection required $400'000 inventory included. We will give you a 6% APR to loan this property.
PROMOTION 6% APR
INHOUSE FINANCING AVAILABLE WITH 25% DOWN 20 YEARS AMORTIZATION
FOR EXAMPLE 1 MILLION LOAN YOUR PAYMENT WILL BE
$6859/month
LIMITED TIME OFFER BEFORE FUNDS OUT.
Shell will be more dominant out of all three stations, signalized plus 3 entrances which are not offered by the city for new development, this lot has grandfathered rights. See all photos,
Asking Price $2'600'000
The property consists of 56,560 square feet of land area. Currently, branded gallons are low but inside is over 2 million a year, the business has a longstanding operating history. It contains three (3) fiberglass tanks, 12,000-gallon regular, 8,000-premium, 8,000-gallon diesel. Building size, 5600 sq. ft, Built-in 2000, land ) 1.25 acer
City Data
According to the 2010 census, an area of 61.949 square miles approximately 90 miles west-northwest of downtown Chicago, and 70 miles south-southeast of Madison, Population over 200'000 in 2020. All Corporate stations on the busy streets and small business owners are inside the neighborhood and doing tremendous business.
Business Yearly Sales data
Lottery commission $75'000 YTD (only owners share)
C-Store $2'100'000 (Liquor or Beer Wine sale)
Gallons 250'000
Extra Income $29'000
Neighborhood location, take advantage of our in-house 6% APR loan with 25% down at 20 years amortization, 45 days closing guaranteed this is a conventional loan with a 5-year fixed rate.
$2'500'000 deal
$625'000 down
$150'000 Inventory
Loan packaging total fee of 3% including
Appraisal, Phase 1, and loan broker fee.
This offer is only on this listing.
All you need is $775'000 plus your $50'000 working capital to show to the bank & $54'000 closing cost fee all included, even title company expense only on this sale.
OR Go with SBA lenders 8% APR with 20% down.
PROMOTION 6% APR
INHOUSE FINANCING AVAILABLE WITH 25% DOWN 20 YEARS AMORTIZATION
FOR EXAMPLE, 1 MILLION LOAN YOUR PAYMENT WILL BE $6’900/month
LIMITED TIME OFFER BEFORE FUNDS OUT.
Listing Price of $2'100'000 plus inventory.
Extra Rental income also comes $ $52'000/year
The city does not allow any liquor, beer, or wine sale to Gas Stations.
Yearly Sale Data
Merchandise sales near to Million.
Gallons 720'000 with 30 cents margin net.
Lottery sales are over a million a year.
Property taxes are low, the 2023 tax bill is $23'423.00
Gas Rebate available
operetion hrs 6 AM TO 10 PM
New Owners can open 24/7 and sales will up by 40% to 55%, we will prove that those stations are open 24 hrs in the same neighborhood.
Tanks are fiberglass, 10'000 Gallons, 6000, 6000 & 6000.
Sales History of Property
last sale 2011
2nd last sale in 1967
Also, you can buy this property for rental income pay all cash, and receive $164'000 NET The monthly passive income is $12'000 a month, only 2 tenants have been there since 2011. Mechanic and Station operator.
It is branded for the next 7 years.
This site is a neighborhood location. Fiberglass tanks and new pumps.
Sales support all expenses and rent plus net income. Do not miss this opportunity.
All buyers must sign an R & J Confidential agreement with their state ID, proof of funds, official documents required, minimum funds required of $600'000, and the rest they can show in the due diligence period.
Please call first to listing office to register yourself,
Listing Price $1'100'000 plus inventory.
C-Store $576'000 last year (each year 10% growth)
Gas, Deisel, Kerosine, Liquor, Beer, wine & Gaming Income all at one stop.
Gamming is $62'000 (2023) (Next year will be over $80'000 reason adding 6th machine with new vendor)
Property tax is only $7900 (2023)
The neighborhood location falls into the Heritage area of the city, the city does not allow any new gas stations within the heritage boundary, city population over 24'000 and 15'000 VPD pass through the location. It has over 50 years of customer footprint and second-generation customers.
Daily cash sales are more than 50%. On average stations do 25% CASH rest on credit. Current Gross sales are over a million.
Current Sales support all expenses plus net income.
If you believe in yourself and our projections, do not miss this opportunity. Within a mile over 1000 residents live, and in a 3-mile radius over 5000 residents live.
New Owners Potential,
R & J has 20 years of experience in this industry and our projections never go off. We can prove this from our previous ventures.
All buyers will sign an R & J Confidential agreement and show proof of funds. The seller's financing available is $200'000 plus inventory cash required, the rest will be financed for a year, or we have financing available at 6% APR with 25% Down plus inventory.
R&J Commercial Real Estate Inc
200 S Frontage Road. Suite 316
Burr Ridge IL 60527
Phone: 630-808-6637
info@rjcommercial.com
Or use our contact form.