Business Sold Tweed Heads South, New South Wales 2486
Business Category Petrol Station
SOLD
Description
Astron Petrol Station Tweed Heads, North Coast Nsw - 1sell Listing Number: 1au08
Business for Sale Listing ID 1AU08
Astron Tweed Heads South Service Station / Petrol Station (Lease till June 2029 with an easy option to extend)
6 Minjungbal Dr, Tweed Heads South
Asking price $299,000 + SAV.
Astron Petrol Station selling on an average of 160,000 litres per month @ 20 cents per litre in the heart of Tweed Heads NSW (border of Coolangatta Gold Coast QLD)
Currently managed by 2 casual staff members • Rent: $16,364 + GST per month
Lease length: till June 2029 with an easy option to extend
Monthly Shop sale is $21,000 with 40% GP
Currently operating 7 days a week 7:00 AM to 7:00 PM. Operated by 2 local casual staff and 1 Owner Operator
DA Approved for 0600 hrs to 2100 hrs operation
Full training provided and easy transition.
Great opportunity for owner operator asking price $299,000 plus SAV
Features:
Petrol station with beautiful shop set up
Huge Premises
6 fuels E10, ULP, 95, 98, Diesel and LPG Revenue and expenses
Fuel sales = 160,000 litres / month @ 20 cents = $32,000 approx.
Shop sale = $21,000 / month average 40% Margin = $8,200 approx.
Total gross Income= $40,200 per month approx.
Wages =$4,320 approx. per month
Rent: $16,364 + GST per month
Net income before tax= $19,810 per Month approx. before taxes with current business plan where the owner operator is doing 4 days per week.
This income is with 72 hours of operation. If it operates 15 hrs per day, obviously increase the sale by 25%.
Cost to acquire:
Business: $299,000
Stock at valuation: $25,000 + /- 15% in Shop
Fuel Stock: NIL at takeover. This is a Reseller site, so you pay for the cost of the fuel as you sell on daily basis. You won’t have to pay for the fuel in advance. Fuel sale price is controlled by the Owner Operator (You) and not by any other company like other fuel stations. How good is that?
Lease and Fuel bond: $50,000
Legal fees; at actuals
Potential:
Add coffee machine
Add variety of hot food as in great demand in this tourists’ suburb
Add more stock in shop and increase shop sale to $50,000 approx. per month
The Purchaser to make his/her own investigations and inquiries in relation to the business and not to rely upon warranty or statement made by the vendor or by anyone on his/her behalf.
Property Code: 26
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