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

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