Sold

Independent Service Station at a big city in Newcastle area - 1SELL Listing Number: 1AU056

SOLD

1SELL Listing Number: 1AU056

Asking price $600,000 + SAV

Independent Service Station with no brand at a big city in Newcastle area with lots of potentials.

Currently fully under management.

Head Lease $11,000 + GST/month

Monthly over 62,000 litres of fuel sale. Reseller, with average of over 10 cents margin on fuel.

Monthly Shop sale is over $35,000/PM to $40,000 with over 40% GP

Monthly Smoke sale is over $60,000/PM to $80,000 with over 60% GP

Open 7 days, 24 hours operation.

Full training provided and easy transition.

Great opportunity for owner operator asking price $600,000 plus SAV.

Features

  • Petrol station
  • Gas bottles and refiller
  • Excellent shop and smoke sales 
  • 2 Tanks and 2 Fuels
  • Only 2 tanks and 2 fuels are working landlord is adding above ground tank for diesel which should increase the fuel volume to 150,000 ltr to 200,000ltr per month.                

Revenue and expenses

  • Fuel sales = 60,000 litres/month avg 10 cents= $6,200
  • Shop sale = $40,000/month average 40% Margin = $16,000
  • Smoke sale = $70,000/month average 60% Margin = $50,000
  • Total gross Income= $67,000/month approx.
  • expenses =$40,000/month.
  • Net income before tax= $19,000/Month before tax under management.
  • If owner operated $30,000/PM or yearly $360,000 before tax 

Cost to acquire:

  • Business: $600,000
  • Lease deposit bond: $33,000
  • Stock at valuation: $100,000 + /- 15%
  • One month rent: $11,000+GST

Legal fees; at actuals.

Potential:

  • Add Trailer hire, as massive land is at your disposal.
  • Add coffee machine.
  • Add variety of hot food as in great demand in this city.

Note: All sales report can be provided for serious buyer. Time wasters please stay away.

Subject to Landlords approval.

Disclaimer: Listing photos are for illustration purposes only and are not actual images of the business on sale. THE PURCHASER IS TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTIES OR STATEMENTS MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF.

Details

Suburb Newcastle
Property Type Business
Category Automotive

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