Independent Service Station near New Castle for sale

This business is already sold

Key Sale Highlights

Description

Independent Service Station near New Castle for sale

1SELL Listing ID: 1AU0110

Asking Price: $1,250,000 + SAV

Key Highlights:

Busy prime location close to New Castle region
Annual sales revenue exceeding $7 million.
Monthly Rent: NIL (As per current Business structure)
Monthly Net Profit: $41,500 approximately (Under Management)
Lease till September 2024 with options to extend.
Open 7 days: Monday to Friday: 5 am to 10 pm; Sat-Sun: 6 am to 10 pm
Complete training provided for easy transition.
Revenue:

Monthly Fuel volume: Average 268,900 litres with about 2.5 cents per litre margin (Current structure offers a commission of 2.5 cents per liters)
Monthly Shop sales: Average $107,100 with around 40% gross profit
Kebab Store sales: $30,200 per month approximately with 65% gross profit
Expenses:

Monthly expenses: $28,000 approx.
Net income before tax: $42,000 per month approximately with current business plan.
Cost to acquire this business:

Price: $1,250,000 + Stock at value

Estimated stock: $100,000 +/- 15%.

Bond: One-month Rental Bond

Financial information, lease, fuel agreement, and POS reports can be provided to qualified buyers after completing a confidentiality agreement.

Contact the agent for a confidential discussion.

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.

Industry

Fuel Retailing

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