Independent Service Station At A Big City In Newcastle Area - 1sell Listing Number: 1au056

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.

Property Code: 64