Contact Broker
120 E. Section St., Po Box 810
Effingham, Illinois 62401
(View Map)
About the Company
American Business Brokers is a full service brokerage company with a division that specializes in the sale and acquisition of Gas Stations and Convenience Stores. Having been both an operator and owner of these businesses, Terry Monroe and American Business Brokers can offer both buyer and seller the utmost service in their pursuit of selling or buying.
Broker Biography
Introduction
Terry Monroe
President, Chief Operating Officer
American Business Brokers
Terry Monroe has been in the business of establishing, operating, and selling businesses for more than 25 years. At American Business Brokers, he serves as a consultant for business buyers and sellers throughout the nation, while his knowledge and expertise in multi-store operations and sales has led to many multi-million dollar transactions. As an expert source in the convenience store industry, he writes a routine “Financial Insights” guest column for Convenience Store News and has been featured in CSP, CSP Independent, CS News Single Store Owner, NPN, and NACS magazines. Over the years, his in-depth knowledge of business enterprising, franchising, financing, and acquisitions have generated over 460 successful transactions.
As an owner of more than 33 different businesses including 10 different national franchises, Terry has a thorough understanding of business growth and enterprise management. As President and founder of American Business Brokers, Terry has positioned himself as an expert and a leader in the convenience store industry, offering broker and consulting services to business buyers and sellers. The company offers services to clients regarding valuations, mergers and acquisitions, business sales, and franchise opportunities.
Services Provided
For additional information about American Business Brokers and the buying or selling of a business contact us at Info@AmericanBusinessBrokers.com or for their convenience store division please visit www.ABBUnitedStates.com
Areas Served
Professional Affiliations
American Business Brokers is a member of the International Business Brokers Association, The Florida Business Brokers Association, The National Realtors Association and The American Business Brokers Network.
Business For Sale Listings
Ogle Co., IL
View Details Well Established Pharmacy
This well established pharmacy has been around over 30 years. There is a dedicated & experianced staff. There is a huge opportunity to add a ton more products to the front of the store for additional sales and profits. This pharmacy is beautiful and laid out the right way. There are four computers and filling stations. THE RENT IS ONLY $1300 A MONTH ! That is crazy cheap. This place is open very short hours. 2024 sales were over $870,000 and 2025 sales should be over $950,000. All inventory, electronics, furniture, and fixtures included in the price of $395,000. This pharmacy is very profitable. Contract Jeff the broker any day until 10 PM. Less
Pekin, IL
View Details Indoor Golf Lounge
This indoor golf center offers three golf simulators. You can book online or just go in. It also offers video gaming !!!. There is a beautiful bar for the customers that you will love. It is the perfect place to hang out with family and friends and enjoy the game of golf. You will receive over $150,000 in equipment and furniture. This is a one of a kind business. The rent is cheap! Call Jeff Highfill today until 10 PM. Less
Winnebago Co., IL
View Details Rockford Area Fast Food - Ice Cream
This FAST FOOD restaurant is open limited hours. It is located in a great area with limited competition. The rent is cheap. Yearly sales about $250,000. The seller will train. This is a very special place that has been around over 25 years. Contact Jeff Highfill seven days a week. Less
Peoria, IL
View Details Hot Food!! Over $2M Sales
This is a ONE OF A KIND food business!!!! It has been around over 30 years. It is located near Peoria, Illinois. 2024 sales were over $2,000,000 and 2025 is on target to break $2,000,000. There are many long term and dedicated employees. You will receive over $150,000 in equipment & furniture. This business has huge potential to expand. The rent is very cheap. The seller would also sell the building. Do not miss this great business. Call Jeff Highfill seven days a week. Less
Joliet, IL
View Details High Volume Bar with Property
This high volume bar is located in the surrounding Joliet area. Is has been around for years and has a huge following. There is a full kitchen. You will love the long term staff that is very dedicated. The building and land is included in the sale. The seller is willing to train the buyer for a few months if needed. This bar is very profitable! Contact Jeff Highfill seven days a week. Less
Peoria, IL
View Details Internet Sales Company
This is a business that generates all sale through the internet. Many sales come through Amazon and other sales come from about 6 other sites. The majority of the products are manufactured in house at the same facility. 2024 generated over $2,500,000 in sales. This is such an amazing business that has been around over 20 years. The seller will assist the buyer for up to six months for a very smooth transaction. The building is also available and has been appraised at $960,000. The $700,000 asking price includes $300,000 in inventory and about $150,000 in equipment, furniture, & fixtures. This company has huge potential to grow! The owner just wants to retire. Contact Jeff Highfill until 10 PM. Less
Peoria, IL
View Details Established Chiropractic & MessageTherapy Office
Well established 50 yr Chiropractic & Massage Therapy practice w/o real estate. The office is located in a high traffic commercial/residential center in a mid size central Illinois community. Rent, all inclusive(utilities, internet, phone, NNN etc...) at $4000 per month. All interested parties will sign NDA. Contact Brian Barkley for further details. Less
Peoria, IL
View Details Premier Independant Central IL Paint Store
Premier Independent Paint Store in Central Illinois. 2024 sales of $1.47M and on track to exceed $1.5M 2025. Very Favorable 5 yr lease to a new buyer at $4000 per month(approx.10,000 sq. ft.). Industrial Users, Contractors & General Public make up customer base. Walk-in & Delivery. Owner is retiring but will train and establish contacts w/ key customers. NDA to be signed by All interested parties. Contact Brian Barkley for further details. Less
Peoria, IL
View Details Mission Foods Tortilla Route
REDUCED. Hot Deal! This is a great route with huge opportunity to grow! It is located in the Peoria County area. The weekly sales are over $7,800 per week. This route is a money maker and your expenses are low for this route. The yearly owner’s benefit is about $65,000 to $70,000. You will have a protected territory. This route will require about 25-28 hours per week working 4 or 5 days. The seller will train you. Do not miss out on this route that generates over $375,000 in sales!!! Call Jeff Highfill. Less
East Peoria, IL
View Details Incredible Mission Tortillas Route
REDUCED. Hot Deal! This Mission Foods tortillias route is in the Tazewell County area. It is well established with great sales and limited expenses. This route averages $8,230 per week in sales. This route is profitable with an estimated owner’s benefit of $70,000 a year. You can pick up even more accounts in the area. This is the number one selling product and brand in the tortillia category. You can own your own business and the seller will train you on everything. DO NOT MISS THIS GREAT OPPORTUNITY FOR A ROUTE GENERTATING OVER $425,000 IN SALES. Call Jeff Highfill seven days a week. Less
Peoria, IL
View Details Used Car Dealer and Automotive Repair
USED CAR DEALER and AUTOMOTIVE SERVICE BUSINESS with REAL ESTATE. 6000 sq. ft concrete block building(4500 sq. ft. service bays and 1500 sq. ft. office/retail) w/ three(3)adjacent lots for used car inventory. Total sq. footage, including building, of 26,250 sq. ft.(.603 acres) in the heart of the city on a major road. 2024 sales of $1,215,200. Owner is retiring. Contact Brian Barkley for further details on this exciting opportunity! Less
Peoria Co., IL
View Details Outstanding Grocery Store with Building
This grocery store is beautiful and is over 6000 sq. ft. The building, land, and all equipment is included. There have been a ton of updates to the property and equipment. This is a full line grocery store that offers fresh produce, canned goods, pre-made meals, frozen, seafood, meat, deli, paper goods, cleaners, and much more. You will love this clean grocery store. The store hours could be expanded. There are about 30 employees. 2024 SALES OF OVER $4,000,000. This store is a money maker. To learn more please contact Jeff until 10 PM at 309-208-9414. Less
Willowbrook, IL
View Details Laundromat - Outstanding Deal - Cheap Rent
Are you ready for the perfect starter laundromat? This is it. This average size laundromat has over 50 washers and dryers. There are many other pieces of equipment such as laundry carts, coin changer, vending machines, security cameras, computer, and more. This place is open short hours and you could really expand them. There is a ton of parking. Drop off service sales could explode if you promote it. The owner will train you. Tax return revenue of about $100,000. This is a coin laundry and not the "card system." You will love all the apartments nearby. Contact Jeff Highfill seven days a week Less
Peoria, IL
View Details Restaurant & Bar - Limited Hours - Gaming
This beautiful restaurant is a casual dining experience. It is about 2500 sq. ft. and the rent is cheap. There are gaming machines already there. With limited hours this place generates over $400,000 in sales. There are 7 employees. This place is very profitable. The buyer will receive over $90,000 in equipment, furniture, & fixtures. Training is also included. You have a huge opportunity to expand the hours at this place. DO NOT MISS THIS GREAT DEAL. Contact Jeff Highfill. Less
Rockford, IL
View Details Convenience Store - High Gaming with Building
OUTSTANDING PRICE ! This 2800 sq. convenience store is well established. Store sales are over $600,000 a year. The gaming does over $8000 per month which is the the commission to the store. That is outstanding. There is a full beer, wine, and liquor department. You will love the walk-in beer cave. There are some deli sandwiches sold, also. This store has huge potential for the sales to be increased. Huge! This beautiful store is driving distance from Rockford, Illinois. Do not miss out on this one. Less
Peoria, IL
View Details Established Liquor Store - Peoria Area
This is a well established liquor store near Peoria, Illinois. It has been around over 40 years. This store has been absentee owned for years. Gaming is approved and could be added. You could add lottery and EBT / LINK. There is a ton of space to add more items. It is about 3600 sq. ft. Located on a high traffic road for great visability. Yearly sales in the $600,000 range. This will sell fast. Call Jeff Highfill today at 309-208-9414 until 10 PM. Less
Illinois
View Details Dirt Racetrack - Over 25 Acres - Hot Deal
Here is your rare opportunity to own your own racetrack. It is well established and has been around over 30 years. Seller will train you on the ins and outs of this business. Buyer receives over 25 acres of land, vehicles, tractors, concessions equipment, bleachers, and much more. Income is from races and other events held on the land. This is a 1/4 mile dirt track. This short track holds some major, high profile racing events. Total events in a year is 15-20. YOU WILL NOT FIND A DEAL LIKE THIS. Contact Jeff Highfill today. Less
East Peoria, IL
View Details Peoria Area Screen Printing Business
This screen printing business has been around for years. The rent is cheap and it is in a great location. The Buyer will receive over $100,000 in equipment. The 2024 revenue was over $400,000. This is a money making business! All the different types of services will be discussed when you inquire. The equipment is in outstanding condition and you will love this place. Call Jeff Highfill today until 10 PM. Less
Henderson Co., IL
View Details Profitable Grocery Store
Profitable Grocery Store with full service grocery, meat, produce, frozen, deli, liquor, wine, beer add hardware departments. All assets, building and real estate included in the sale. Weekly avg. sales of $35k(yearly sales $1.85M). Inventory is approx. $200k at cost and is separate from the listing price. Seller to paid at closing for inventory. Call Brian Barkley for further information. CA/NDA to be signed by ALL interested buyers. *****Note: This store can be purchased individually or as part of a three(3) store package.***** Less
Henderson Co., IL
View Details Small Town Grocery & Hardware Store
West Central Illinois Grocery/Hardware store. Excellent reputation in the community and surrounding area for their quality of products and customer service. Full grocery, meat, produce, frozen, deli, liquor, beer, wine and hardware departments. Sales avg. $40k per week($2.1M yearly sales). Inventory is approx. $225k at cost and is separate from the listing price. Call Brian Barkley for more details. CA/NDA to be signed by ALL interested parties. *****This store can be purchased separately or as part of a three(3) store package.****** Less
Louisa Co., IA
View Details Profitable Grocery & Hardware Store
Profitable Grocery/Hardware Store, located in SW Iowa, doing $50k per week in Sales avg($2.5M yearly). Full service grocery, meat, produce, frozen, deli, liquor, wine, beer and hardware departments. All assets, building and land is included in the sale. Inventory is approx. $$500k at cost, separate from the listing price and to be paid to the Seller at closing. Call Brian Barkley for further details. Confidentially Agreement/NDA to be signed by ALL interested buyers. *****Note: this store can be purchased separately or as a three(3) store package.***** Less
Sangamon Co., IL
View Details Beautiful Grocery Store
This 8000 sq. ft. grocery store is beautiful and comes with the building. Open very short hours, but generates over $1,200,000 in yearly sales. This is grocery store with meat, frozen, produce, alcohol, snacks, hot deli, and so much more. There are 14 employees. You will love this place. This is driving distance from Springfield, Illinois. Less
Peoria, IL
View Details Gaming Parlor
This is your opportunity to have your own gaming parlor. It is located in Central Illinois. Rent is only $1200 a month. There is a small bar for customers who are not gaming. You could add food and smoke shop items. Less
Lee Co., IL
View Details C-Store - Just 45 Minutes from Aurura - Has Gaming
This is a wonderful convenience store that has been around for many years. The building and land is included. Tons of inventory is included. The store does sell beer, wine, and liquor. There are gaming machines and they do very well. There is limited competition in the area for the number of people in the area. This store is open limited hours, but does over $1,000 a day. This is a fantastic opportunity! Located just 45 minutes from Elgin or Aurora Area. Less
Iowa
View Details Gas Station - Full Liquor - $120k month Inside
This gas station located in Iowa near the Illinois border is high volume. It sells convenience store items along with beer, wine, and liquor. Monthly inside sales are around $120,000 per month. Gas gallons per month are around 30,000. This is a great store and sales could be even higher if you add hot food/deli and more frozen food. The pumps and tanks are new and costs over $400,000. There is a beautiful canopy and LED lighting. The store is over 2500 sq. ft. There are five dedicated employees. You will love this store. THIS IS A SUPER HOT DEAL. Less
Joliet, IL
View Details Established Bar - $8,400 Gaming - Cheap Rent
HOT DEAL. This well established bar is about 3800 sq. ft. It has been around for about 40 years. Very easy to operate since there is no food. It seats around 140 people. The large space allows you to have bands, parties, special events, & more. This place is open seven days a week and is ran by just 5 employees. Gaming over $8400 per month. Bar revenue averages about $180,000 a year. This place is very nice and you will just love it. Seller wants to retire and has owned this place for many years. Contact Jeff Highfill seven days a week until 10 PM. Less
Illinois
View Details Illinois Dealership
This Illinois dealership has been around for over 20 years. This is a well run business that is open limited hours. There are about 12 well trained employees between the sales, parts, and repair divisions. The rent is very cheap for over 10,000 sq. ft. of space. Yearly sales are over $10,000,000. Those sales include new sales, parts, and the service area. The price includes business, equipment, furniture, and training. The price does not include inventory. Yearly owner’s benefit averages about $1,000,000. Wow! That is amazing. Do not wait on this one of a kind business. Call Jeff Highfill today until 10 PM. Less
Peoria, IL
View Details Barbeque Restaurant with Building - Hot Deal
This 6000 sq. ft. restaurant is absolutely beautiful and the building and land is included. It is a typical American restaurant that focuses on barbecue with outstanding recipes. It has a very cool theme. It had over $550,000 is sales by being open just five days per week. That is amazing. There is gaming which is about $1200 a month cut for the business. The building is less than 20 years old. This is an outstanding opportunity. The catering for this business model could be huge. Less
Woodford Co., IL
View Details Beautiful Bowling Alley with Building - Gaming
Have you always wanted to own your own bowling alley? Now is your chance. This place is an outstanding deal. It is only open about 25 hours a week. It is operated by the owner and one part-time employee. You could be open a ton more hours for more bowling revenue and more poker machine revenue. There is a brand new $25,000 roof. The lanes are in outstanding condition. The owner has had it over 30 years and just wants to retire. Contact Jeff Highfill until 10 PM. Less
Effingham Co., IL
View Details Grocery Store with Building
This is an outstanding 5000 sq. ft. grocery store that includes the building and land. It has had the same owner for years and he just wants to retire. There are many long term and dedicated employees. Yearly sales about $1,250,000. This store is profitable. This is a typical small town grocery store selling frozen, grocery, meat, alcohol, and much more. The seller will train the buyer. This is located less than one hour from the St. Louis suburbs. Call today because this is an outstanding deal. Jeff Highfill at 309-208-9414 until 10 PM. Less
Peoria, IL
View Details 5,000 sq.ft. Bar - Gaming
This bar is about 5000 sq. ft. and it is very nice. There is a full kitchen and it does serve food. There are limited food options near this bar/restaurant so there is huge potential. Gaming is over $6000 per month commission. There is a ton of space to have bands and entertainment. There are a few long term employees. Good selection on the menu. Tons of parking! The rent is for sure fair for the amount of space. Contact Jeff Highfill at 309-208-9414. Less
Cherry, IL
View Details Gas Station / Alcohol / Great Gaming
This 1600 sq. ft. gas station looks great! The building is in outstanding condition and included in the deal. This place sells everything a gas station would have plus beer, wine, & liquor. Open short hours so you could expand the hours. There are new pumps and Ruby system. GAMING DOES OVER $14,000 PER MONTH FOR THE STORES COMMISSION. WOW!!! Contact Jeff Highfill seven days a week at 309-208-9414 until 10 PM. Less
Peoria, IL
View Details Peoria County Gaming Parlor
OUTSTANDING PRICE OF JUST $60,000. Beautiful gaming parlor located in Peoria County. This place has been around for years! Super easy to operate and the seller will train you. There are four employees. The rent is cheap!!! There is plenty of parking for your customers. The gaming alone does over $6,200 per month for your commission. Contact Jeff Highfill seven days a week at 309-208-9414 until 10 PM. Less
Grundy Co., IL
View Details Convenience Store with Gaming
This 5000 sq. ft. grocery store is well established. There is no other grocery store for a long distance. These long term owners are ready to retire. Yearly sales are over $500,000. This is a full line grocery store. It also sells beer, wine, and liquor. THERE ARE GAMING MACHINES AND THE MONTHLY COMMISSION IS ABOUT $3,800 IN YOUR POCKET. This is a good deal for the building, equipment, and business for $400,000. SELLER IS WILLING TO SELL JUST THE BUSINESS FOR $155,000 AS AN OPTION. Call Jeff Highfill today. Less
Peoria, IL
View Details Limo Business - Well Established
This is a well established limo company. It comes with 5 limos & SUV’s. Yearly revenue is about $200,000. The absentee owner makes about $60,000. You could make over $100,000 a year if you work the business. It has long term employees that are well trained. Seller willing to teach you everything so you are successful. THERE IS VERY LITTLE COMPETITION !!!! Very hard to find a business like that. This is a great deal and you will love this fun business. Contact Jeff Highfill seven days a week until 10 PM. Less
Peoria, IL
View Details Concealed Carry Instruction
Here is you chance to own a concealed carry instruction business. It has been around for years with tons of graduates. Many come back for renewals. Very consistent revenue! You get an indoor range so you never have to cancel class because of rain, snow, wind, or heat waves. All fixtures, furniture, and supplies included in the deal. Training included in the deal. Contact Jeff Highfill at 309-208-9414. Less
Champaign, IL
View Details High Volume Grocery - Cheap Rent
This 9000 sq. ft. grocery store sells produce, frozen, meat, grocery, alcohol, and so much more. You will not find rent that is such a great deal. Only $2000 a month! This store has many long term employees. The seller just wants to retire. The seller willing to train for up to four weeks. Yearly sales are over $3,000,000. This store shows profits of over $250,000. It is such a great deal. Contact Jeff Highfill seven days a week at 309-208-9414. Less
Kendall Co., IL
View Details High Volume Liquor Store
This liquor store has been around for over 30 years. Sales are about $90,000 a month. The store could be open a lot more hours. The store is over 3000 sq. ft. There are four employees. The store has a very high inventory since they buy in quantity so you must have the funds for that. Rent is very cheap. The asking price includes the business, shelving, and equipment. The seller will train you. Contact Jeff Highfill at 309-208-9414 until 10 PM. Less
McLean Co., IL
View Details Industrial Building Maintenance
THIS IS AN OUTSTANDING DEAL. This is an amazing INDUSTRIAL BUILDING MAINTENANCE company that has been around for over 30 years. This company is a diverse company serving industrial, ag, and commercial customers. They do cleaning, power washing, painting, concrete repair, and other type of building maintenance. They also have customers that are food grade facilities, seed facilities, grain facilities, and farm buildings. The buyer will receive over $450,000 in equipment, over $750,000 in vehicles, and over $650,000 in real estate. There are about 15 well trained employees that are full time. Yearly revenue for 2022 was over $3,600,000 and 2023 was over $3,700,000. The seller is willing to sign an EMPLOYMENT AGREEMENT to stay for up to 24 months for a smooth transition. This is a very special business and the owner is an EXPERT in his field. Contact Jeff Highfill seven days a week at 309-208-9414. Less
Illinois
View Details Restaurant - $100k Per Month - Great Deal
This SUPER HOT restaurant does over $100,000 per month. It is open limited hours!!! There is no alcohol served. The rent is very fair and the space is over 8000 sq. ft. Many staff members have been around 10 years or longer. This place has had the same owner for many, many years. The seller wants the buyer to have a smooth transition and is willing to train for an extended period of time. THIS IS A VERY RARE OPPORTUNITY TO OWN AN AMAZING BUSINESS. This is a profitable business. Less
Peoria Co., IL
View Details Nice Bar - Food $140,000 Gaming
Profitable bar in Peoria County that is over 2500 sq. ft. Food is sold and there is a very nice kitchen. There is a very nice area for bands. There is a beautiful outdoor area. Plenty of parking for your customers! The yearly sales are around $400,000 for food and drinks. GAMING WAS OVER $140,000 FOR 2023. WOW ! There are about 10 well trained employees. The seller is an expert and can teach you this business. This is turn-key and there is nothing you have to do. Call today about this impressive bar....call Jeff Highfill at 309-208-9414 until 10 PM. Less
Rock Island Co., IL
View Details High Volume Grocery - $8.M Sales - Gaming
THIS IS AN OUTSTANDING DEAL. Gaming over $12,000 per month. This 30,000 sq. ft. grocery store is very beautiful. The equipment is in outstanding condition. This store is on lease and has a fair rent for the size of the store. There are about 70 employees and many are long term employees. This store has full beer, wine, & liquor. It has a very nice deli. The gaming does huge revenue !!! The long term owner is ready to retire. 2022 sales were over $8,300,000. Contact Jeff Highfill at 309-208-9414 seven days a week. There was over $200,000 in new equipment put in this store in the last 12 months. THIS GREAT STORE WILL SELL FAST. This store is booming. Call now. Less



