Profitable Convenience Store in Knox County, IL – $575K – High Sales & Gaming
Executive Overview
Key Investment Highlights
- •Consistent monthly sales of $120,000
- •Supplemental income of $2,000 per month from additional services
- •Attractive rent at just $1,200 per month
- •Strong gaming revenue generating $6,000 per month
- •Option to purchase the property for long-term security
- •Absentee ownership allows for flexible management
This well-established convenience store stands out for its high-margin business model, driven by robust sales of beer, wine, and liquor. The current lease is competitively priced at $1,200 per month, with a perpetual extension option, ensuring stability for the new owner. The business also provides an attractive investment route through the option to acquire the real estate, offering strategic benefits and equity growth potential. With absentee ownership in place, day-to-day operations are streamlined, allowing for passive investment or ease of transition to hands-on management if desired.
Positioned in a high-traffic area and supported by diverse revenue streams—including substantial gaming income—this convenience store is poised for continued success. Buyers will benefit from its established customer base, proven profitability, and scalable operational structure, making it an ideal acquisition for investors or owner-operators seeking a stable, cash-flowing business in Knox County.