Independent Service Station In Far North Queensland

Excellent opportunity to own an Independent Service Station in Far North Queensland

1SELL Listing ID: 1AU0126

Asking Price: Offers over $695,000 + SAV

Key Highlights:

Busy prime location close to Cairns
Annual revenue exceeding $8.7M
Monthly Rent is $20,700 + GST + Outgoings
Monthly Net Profit: $28,800 approx. (Under Management)
Long lease till 2031.
Licensed and council-approved commercial kitchen on site.
Modern 2.5-year-old shop with impressive annual sales
Complete training provided for easy transition.
Revenue:

Monthly Fuel volume: Average 360,000 litres with about 12 cents per litre margin
Shop sales: Average $80,000 per month with over 45% gross profit (High food sales)
Complete training is provided to the new owner for an easy transition.
Expenses:

Monthly expenses: $50,380 approx.

Net income before tax: $28,800 per month approx.

Cost to acquire this business:

Price: Offers over $695,000 + SAV

Estimated stock: $150,000+/- 15%.

Bond: One-month Rental Bond

Financial information, lease, fuel agreement and POS reports can be provided to qualified buyers after completing a confidentiality agreement.

Contact the agent for a confidential discussion.

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.