1Sell

Independent Service Station near Newcastle area For Sale

This business is already sold

Key Sale Highlights

1SELL Listing Number: 1AU067

Independent Service Station with Huge Convenience Store & Lotto Store.

Asking price $1,250,000 + SAV.

Business Details:

Currently fully under management
Well Functioning 40 year old business
Brand new lease for long years
Monthly over 120,000 liters of fuel sale. Reseller, with average of over 15 cents margin on fuel.
Monthly Shop sale is over $200,000/PM to $230,000 with over 40% GP.
Daily coffee sales more than $1,000
Daily food sales over $1,500
Massive car park with separate open lounge for coffee.
Open 7 days a week 6AM to 6PM, it is up to new owners to continue same hours or operate 24 hours as this store is in Major area within small suburb.
Full training provided and easy transition.
Great opportunity for owner operator asking price $1,250,000 plus SAV.
Revenue and expenses:

Fuel sales = 120,000 litres/month avg 14 cents= $18,000
Shop sale = $230,000/month average 40% Margin = $94,500
Lotto Sale = $70,000/month with average commission = $7,000
Total gross Income= $119,500/month
Expenses =$90,618/month
Net income before tax= $34,000/Month before tax under management. (if owner operated $45,000/PM or yearly $540,000 before tax) this income is with less hours of operation.
Cost to acquire:

Business: $1,250,000.
Stock at valuation: $130,000 + /- 15%.
Turnover: $7,000,000
Legal fees; at actuals.
Note: All sales report can be provided for serious buyer.

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.

Proudly listed by Amit Gupta

Industry

Fuel Retailing

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