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1SELL Listing Number 1AU08 – Astron Petrol Station

This business is already sold

Key Sale Highlights

Business description

Business for Sale Listing ID 1AU08

Astron Tweed Heads South Service Station / Petrol Station (Lease till June 2029 with an easy option to extend)

6 Minjungbal Dr, Tweed Heads South

Asking price $299,000 + SAV

Astron Petrol Station selling on an average of 160,000 litres per month @ 20 cents per litre in the heart of Tweed Heads NSW (border of Coolangatta Gold Coast QLD)

Currently managed by 2 casual staff members – Rent: $16,364 + GST per month

Lease length: till June 2029 with an easy option to extend

Monthly Shop sale is $21,000 with 40% GP

Currently operating 7 days a week 7:00 AM to 7:00 PM. Operated by 2 local casual staff and 1 Owner Operator

DA Approved for 0600 hrs to 2100 hrs operation

Full training provided and easy transition.

Great opportunity for owner operator asking price $299,000 plus SAV

Features:

Petrol station with beautiful shop set up

Huge Premises

6 fuels E10, ULP, 95, 98, Diesel and LPG Revenue and expenses

Fuel sales = 160,000 litres / month @ 20 cents = $32,000 approx.

Shop sale = $21,000 / month average 40% Margin = $8,200 approx.

Total gross Income= $40,200 per month approx.

Wages =$4,320 approx. per month

Rent: $16,364 + GST per month

Net income before tax= $19,810 per Month approx. before taxes with current business plan where the owner operator is doing 4 days per week.

This income is with 72 hours of operation. If it operates 15 hrs per day, obviously increase the sale by 25%.

Cost to acquire:

Business: $299,000
Stock at valuation: $25,000 + /- 15% in Shop
Fuel Stock: NIL at takeover. This is a Reseller site, so you pay for the cost of the fuel as you sell on daily basis. You won’t have to pay for the fuel in advance. Fuel sale price is controlled by the Owner Operator (You) and not by any other company like other fuel stations. How good is that?
Lease and Fuel bond: $50,000
Legal fees; at actuals

Potential:

Add coffee machine
Add variety of hot food as in great demand in this tourists’ suburb
Add more stock in shop and increase shop sale to $50,000 approx. per month

Contact for a confidential discussion:

Ricky Khurana Please quote Listing ID 1AU08
Business Sales Agent
M: 0414 866 262
E: ricky@1sell.au
IN: https://www.linkedin.com/in/ricky-khurana-3aaa57194/ (follow me on LinkedIn for latest updates)

The Purchaser to make his/her own investigations and inquiries in relation to the business and not to rely upon warranty or statement made by the vendor or by anyone on his/her behalf.

Proudly listed by Ricky Khurana

Industry

Fuel Retailing

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