Fuel Station - High Net Profit, Large Food Sales

Business For Sale Western Australia

Business Category Catering Commerical Property Leasehold Petrol Station Takeaway Food

Fuel and food

$2.6m negotiable

Description

Fuel Station - High Net Profit, Large Food Sales

EXCELLENT LOCATION, EASY TO RUN UNDER FULL MANAGEMENT
This fuel station represents a superb investment opportunity for owner operators and investors. The current owners have undertaken a significant range of impovements, particularly in the area of kitchen equipment and new menus. This enables the preparation of high quality, high margin food which is in constant demand.
• Revenue exceeds $5m and has been consistently growing over the last 5 years
• Fuel represents 54% of revenue.
* Food delivers most of your profit - nearly 80% of profits come from food, much o it cooked onsite in the professional kitchen
• Net profit close to $1m
• ULP sales 450,000+ Litres per year
• Diesel sales 900,000+ Litres per year
• Manager oversees daily operations with backpackers undertaking routine work
• Can be run under full management
• Revenue has more than doubled in the last 5 years
• Profit has more than tripled in the last 5 years
• Operating hours 6 ½ days per week
• Fuel sales 24 hours per day with pay at pump equipment
Operating with minimal competition, the business is well established with a high volume of non-fuel revenue which significantly boosts profit. The leasehold premises have a strong and affordable lease, with attractive options to renew and the separate landlord has also indicated he would be prepared to sell the freehold.

Within the area are large mining and construction projects continuing to drive increases in revenue and profits in addition to local business. Several large projects started in 2023 , leading to a further increase in revenue, both fuel and food. The business is the preferred supplier of food for many businesses, including the local Shire, Govt Agencies, Mining and Construction Companies and Indigenous Corporations.

The business is well staffed including a daily manager. The 1 ½ owners are responsible for food preparation and basic administration. Allowance has been made in the complete addback schedule to replace the owners, therefore the profit of approx $1m represents UNDER MANAGEMENT profit to a new owner.

Asking price: $2.6m NEGOTIABLE including all plant & equipment, stock and goodwill.

Contact Martin XXXXXXXXXX for full details.

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This business is somewhat unique and has no similar competition in this region, category or price bracket.


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Kent Business Brokers Admin
  • Kent Business Brokers Admin

Bsale ID: 626628
Broker REF: Fuel

Kent Business Brokers
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