Metro Service Station In Newcastle Area For Sale - 1sell Listing Number: 1au06

Newcastle, New South Wales 2300

SOLD

Key Features

AI generated. Contact seller to confirm.

  • Central location in Newcastle
  • Operated by single staff
  • Open 24 hours, 7 days a week
  • Full training provided
  • Loyal customer base
  • Well-maintained shop and facilities
  • Turnover: $1,530,000/year
  • Net Profit: $742,752/year
  • Rent/Lease: Lease in place
  • Stock Value: $400,000 +/- 15%
  • Established: Not disclosed

Business Details

Business Category Petrol Station

1SELL Listing Number: 1AU06

Metro Service Station for sale in Newcastle area, NSW.

Massive service station at the centre of the city.

Currently under management and operated by single staff.

Head Lease $40,000+GST/month, long lease.

Monthly over 500,000 litres of fuel sale. Reseller, with an average of over 15 cents per litre margin on fuel.

Monthly Shop sale is over $150,000/PM with over 35% GP.

Open 7 days a week, 24 hours

Full training provided and easy transition.

Great opportunity for owner-operator asking price of $1,800,000 plus SAV.

Features:

Petrol station

Convenient Store

Gas bottles and refiller

Firewood

Beautiful shop and well maintained.

Loyal customers are in place.

Revenue and expenses

Fuel sales = 500,000ltrs/month avg 15 cents= $75,000

Shop sale = $150,000/month average 35% Margin = $52,500

Total gross Income= $127,500/month.

Expenses =$65,604/month.

Net income before tax= $61,896/month before tax under Management.

Yearly Income of $742,752 before Tax if owner operates yearly income of $842,752 before taxes.

Cost to acquire:

Business: $1,800,000

Lease deposit bond: $120,000

Fuel Bond: $50,000.

Stock at valuation: $400,000 + /- 15%

One month rent: $40,00.00+GST.

Legal fees; at actuals.

Note: All sales report can be provided for serious buyer after visit the store.

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: 70

What's Nearby

Similar Businesses For Sale

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

Contact Seller
1SELL 1SELL
Gilraj Venkatappa
Kalpesh Patel

Bsale ID: 618199