Gas Station with 2 Bay Mechanic Shop

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Asking Price:

Gross Revenue:
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Cash Flow:
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Real Estate:
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Business Description

The station in East Peoria

Listing # 2019EP

Asking Price $249'000

Address 220 E Washington Peoria IL 61611

Property Tax: $3249 (2017)

Reason to Sell: Owner Died.

Lot Dimensions 164'X60'

2 Mechanic Bays Vacant

Supply agreement n/a

No brand, the store is closed, 2 bay shop can be rent for $2000/month. 2357 Sq.ft. Building. Fiber Glass Tanks,.No Supply agreement.

Located on a busy street, the Owner past away, sales data not available. Serious inquiry required with proof of funds or pre-approval letter required. Seller is not interested in a lease or lease to buy option.

Seller financing available with $150,000 down payment. if you make a full offer then the seller will give this station in working mode, if you do not make a full offer then as is. where is a basis?

Brokers Projection: 20,000 Gallons, $2000 rental Income and C-Store $20,000, liquor beer license is available. Good for one family work there and can save payroll which is $6500 for 18 hrs operation plus you can save $3000-$4000/month.

About the Business

Peoria, Illinois
Market Outlook/
Located on a busy street
Growth & Expansion:
Surrounded by corporate offices and this best quick stop for professionals. Used to be a Shell brand and you can try to bring shell brand back or any other good brand. We can provide you our consultancy to bring business back.
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About the Sale

Reason For Selling:
Owner Died, last day of operation was December 15, 2018

Listing Info

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Business Listed by

Tauseef Syed

R & J Commercial Real Estate Inc
License# 471-012031

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