*under Contract* Bp Service Station For Sale In Melbourne *need More*

Flemington, Victoria 3031

SOLD

Key Features

AI generated. Contact seller to confirm.

  • High visibility corner location
  • Under management
  • Long lease until 2031 with 5+5+5 options
  • BP branded site; can rebrand after May 2021
  • Average 266,000 litres per month (pre-COVID)
  • Strong shop sales with 35% gross profit
  • Turnover: $84,700 per month (inc GST)
  • Net Profit: $242K+
  • Rent/Lease: $26,676 per month (ex) + O/G (effective $24,783 pcm with sublease)
  • Stock Value: Included
  • Established: Not disclosed

Business Details

Business Category Petrol Station

Businesses for Sale in Victoria > Petrol Station Service Station For Sale > Melbourne City Fringe
This business is currently under contract. We are looking for more businesses like this. Please contact Sam at XXXXXXXXXX .
* High Visibility Corner Location
* Under Management
* Long Lease
BE PART OF A GLOBAL BRAND
* BP branded site - PREMIUM LOCATION. It can be re-branded to your own brand after May 2021
* Average 266,000 Litres Per Month (Pre-COVID), Average 201,000 (Mar - Jun 2020 COVID Months)
* Long lease - Until 2031 @ 2.5% increase +5+5+5
* Rent - $26,676 (ex) + O/G per month (Sublease of a Kebab Van $1893 pcm brings rent down to $24,783 pcm)
* Est Adjusted Net Profit $242K+
* 4 Bowsers, 8 hose, 6 tanks total capacity 100K litres
* Solar panels installed saving on energy cost
* Strong Average Shop Sales $84,700 (inc GST) per month with average shop GP 35%
* Asking $10,90,000 ONO + BP Bond Appx $125K + Stock


**EXCLUSIVELY LISTED WITH NETWORK INFINITY**

Disclaimer The financial information and statements relating to the above business has been prepared based solely on the information supplied by the vendor to Network Infinity and therefore Network Infinity does not guarantee the accuracy of such statements and financial information. Network Infinity will not be liable for such statements and financial information. Network Infinity strongly recommends all prospective buyers to this business to seek its own independent accounting, legal and financial advice and conducts its own due diligence of the business. Image used only for illustrative purpose to protect seller's privacy. It is in no way representative of the actual business or it's products.

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

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Bsale ID: 504328