Business for sale: Metro Petrol Station New England Regional NSW – 1 SELL Listing Number 1AU012
Price $320,000 + SAV
Metro Petrol Station / Service Station (selling approximately 6000 litres a day @ 4 cents / litre) located in a famous town of New England Region Regional NSW, 660 kms from Sydney CBD and 270 kms from Brisbane CBD.
Suitable for 188 Business Visa subject to immigration policy.
Currently owned by a well established couple and managed by 2 casual staff members.
Rent: NIL (as per current business structure)
Lease length: 5 + 5 years with an option to extend
Average Monthly Fuel Sale is 180,000 litres receiving a fixed commission of 4 cents per litre with current business structure. You have an option to keep it under the same structure or convert it to Fuel Reseller Site with No Extra cost.
Monthly Shop sale is over $33,000 to $36,000 with over 36% GP. Hot food sale is 50% of the total monthly sale with high margins.
Open 7 days a week 6:00 AM to 8:00 PM. Operated by 2 casual staff members. Full training provided and easy transition.
Great opportunity for owner operator at a price $330,000 plus SAV.
Features.
Petrol station with Hot Food Setup
Huge Premises
4 fuels E10, ULP, 98 and Diesel
Revenue and expenses
Fuel sales = 180,000 litres / month @ 4 cents = $7200
Shop sale = $35,000 / month average 36% Margin = $12,600
Total gross Income= $19800 per month.
Expenses =$9750 (Wages, Electricity, and Insurance)
Rent: NIL
Net income before tax= $10,050 per Month before tax with current business plan Under Management.
If owner operated $18,050 per month or yearly $216,600 before tax.
This income is with less hours of operation. If it operates like any other service station on regular hours from 5AM till 10PM obviously increase the sale by 25%.
Cost to acquire:
Business: $320,000
Stock at valuation: $70,000 + /- 15%
Legal fees; at actuals.
Potential:
Add Trailer hire, as massive land is at your disposal.
Add coffee machine.
Add variety of hot food as in great demand in this city.
Note: Full sales report can be provided for serious buyer only after going through personal assessment by 1SELL. Please note that we would only wish to communicate with serious buyers.
Subject to Landlords approval.
