Metro Petrol Station New England Regional Nsw - 1sell Listing Number: 1au012

Metro Petrol Station in New England Region (Regional NSW)

1SELL Listing Number: 1AU012

Price: $259,000 + SAV

Vendor Finance Available

Overview:

- Metro Petrol Station / Service Station located in a famous town in the New England Region of Regional NSW, approximately 660 km from Sydney CBD and 270 km from Brisbane CBD.

- Suitable for 188 Business Visa, subject to immigration policy.

- Currently owned by an established couple and managed by 2 casual staff members.

- Rent: NIL (as per current business structure)

- Lease length: 5 + 5 years with an option to extend.

Fuel Sales:

- Average Daily Fuel Sales: Approximately 6,000 litres @ 4 cents/litre.

- Monthly Fuel Sales: 180,000 litres.

- Current structure offers a fixed commission of 4 cents per litre. Option to convert to Fuel Reseller Site at no extra cost.

Shop Sales:

- Monthly Shop Sales: $33,000 to $36,000 with over 36% Gross Profit (GP).

- Hot food sales account for 50% of the total monthly sales with high margins.

- Open 7 days a week from 6:00 AM to 8:00 PM.

- Operated by 2 casual staff members.

- Full training provided for an easy transition.

Features:

- Petrol station with Hot Food Setup.

- Large premises.

- Offers 4 fuels: E10, ULP, 98, and Diesel.

Revenue and Expenses:

- Fuel sales: $7,200 per month.

- Shop sales: $35,000 per month with 36% GP.

- Total gross income: $19,800 per month.

- Expenses: $9,750 (including wages, electricity, and insurance).

- Rent: NIL.

- Net income before tax: $10,050 per month with current business plan under management.

- If owner operated: $18,050 per month or $216,600 per year before tax.

- This income is based on less hours of operation. Increasing the operating hours to regular service station hours (5 AM to 10 PM) can potentially increase sales by 25%.

Cost to Acquire:

- Business: $259,000 (Vendor finance available).

- Stock at valuation: $70,000 +/- 15%.

- Legal fees: At actuals.

Potential:

- Opportunity to add trailer hire services.

- Addition of a coffee machine.

- Introduction of a variety of hot food items due to high demand in the city.

Note: All sales report can be provided for serious buyer, No Financials provided as they have many businesses under one company. Time wasters please stay away.

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: 23