1SELL Listing Number: 1AU06
Metro Service Station for sale in Newcastle area, NSW.
Massive service station at the centre of the city.
Currently under management and operated by single staff.
Head Lease $40,000+GST/month, long lease.
Monthly over 500,000 litres of fuel sale. Reseller, with an average of over 15 cents per litre margin on fuel.
Monthly Shop sale is over $150,000/PM with over 35% GP.
Open 7 days a week, 24 hours
Full training provided and easy transition.
Great opportunity for owner-operator asking price of $1,800,000 plus SAV.
Features:
Petrol station
Convenient Store
Gas bottles and refiller
Firewood
Beautiful shop and well maintained.
Loyal customers are in place.
Revenue and expenses
Fuel sales = 500,000ltrs/month avg 15 cents= $75,000
Shop sale = $150,000/month average 35% Margin = $52,500
Total gross Income= $127,500/month.
Expenses =$65,604/month.
Net income before tax= $61,896/month before tax under Management.
Yearly Income of $742,752 before Tax if owner operates yearly income of $842,752 before taxes.
Cost to acquire:
Business: $1,800,000
Lease deposit bond: $120,000
Fuel Bond: $50,000.
Stock at valuation: $400,000 + /- 15%
One month rent: $40,00.00+GST.
Legal fees; at actuals.
Note: All sales report can be provided for serious buyer after visit the store.
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.