Asking Price $2'600'000
STATE OF IL GAMING IS APPROVED, owner is absentee and want to sell with the contingency of gaming approval and gaming projection is not less then $300'000/ year owners share.
Dont delay make an offer with gaming contingency and we will make sure you will get the gaming license.
Another potential is store size is over 5000 sq. ft. add national any fried chicken kios and over $400'000 a year fried chicken sale is guaranteed. Make another $100'000 a year.
With our projection this site has over $700'000 more gross sales potential. It is hidden neighbourhood location so no future competition and margin is high.
The biggest risk is that, when you dont take it. Some other takes it then you regret.
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.