Business Sold Newcastle, New South Wales 2300
Business Category Petrol Station
SOLD
Description
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
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This business is somewhat unique and has no similar competition in this region, category or price bracket.