817 N State St
Belvidere, IL 61008
Retail Property For Sale

Become Gas Station Owner with $0 out of pocket (All we need 1 year gas station operator experience and 689 plus credit with over $30'000 a year last 3 years income showing tax returns. Listing Price $950'000 plus inventory. NO GAS SUPPLY CONTRACT JOBBER OFFERs $100'000 CASH UPON SIGNING 10 YEARS CONTRACT, Take this opportunity before seller signs. C-Store $616'200 ONLY MERCHANDISE Gas, Diesel, Kerosene, Liquor, Beer, wine & Gaming Income all at one stop. Gamming is $62'000 (2023) (Next year will be over $72'000 reason adding 6th machine with new vendor) CAP ON GAMING LICENSE NO MORE CITY WILL ALLOW Property tax is only $7'900 (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. New Owners Potential, The current Owner is Absentee. Many sales departments are missing, for example, Coffee, Donuts, Pizza Slice, Fountain Machine, Slushes, and many more, each department will add sales. Beer Cave is coming soon.