Independent Service Station Near New Castle For Sale - 1sell Listing Id: 1au0110

Business Sold Newcastle, New South Wales 2300

Business Category Petrol Station

SOLD

Description

Independent Service Station Near New Castle For Sale - 1sell Listing Id: 1au0110

Independent Service Station near New Castle for sale

1SELL Listing ID: 1AU0110

Asking Price: $1,250,000 + SAV

Key Highlights:

- Busy prime location close to New Castle region

- Annual sales revenue exceeding $7 million.

- Monthly Rent: NIL (As per current Business structure)

- Monthly Net Profit: $41,500 approximately (Under Management)

- Lease till September 2024 with options to extend.

- Open 7 days: Monday to Friday: 5 am to 10 pm; Sat-Sun: 6 am to 10 pm

- Complete training provided for easy transition.

Revenue:

- Monthly Fuel volume: Average 268,900 litres with about 2.5 cents per litre margin (Current structure offers a commission of 2.5 cents per liters)

- Monthly Shop sales: Average $107,100 with around 40% gross profit

- Kebab Store sales: $30,200 per month approximately with 65% gross profit

Expenses:

- Monthly expenses: $28,000 approx.

- Net income before tax: $42,000 per month approximately with current business plan.

Cost to acquire this business:

Price: $1,250,000 + Stock at value

Estimated stock: $100,000 +/- 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.

Property Code: 121

Similar Businesses For Sale


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


Contact Seller
Gilraj Venkatappa

Bsale ID: 624996
Broker REF: onesell_49_98

1SELL