1Sell

Property & Business (FHGC) for Sale – 1SELL ID: 1AU058

This business is already sold

Key Sale Highlights

1SELL Listing Number: 1AU058

Asking price $3,690,000 + SAV.

Property & Business(FHGC) for sale in Mid-North Coast region of New South Wales.

Currently fully under management.
Total Independent and No Brand fuel Station
Monthly over 150,500 liters of fuel sale. Reseller, with average of over 15 cents margin on fuel.
Monthly Shop sale is over $50,000/PM to $60,000 with over 35% GP.
Monthly Lotto sale is over $20,000/PM to $25,000 with over 12% GP.
Open 7 days a week 5.30AM to 9PM, it is up to new owners to continue same hours or operate 24 hours as this store is in main road.
Full training provided and easy transition.
Petrol Station with Aus Post and Lotto.
Mechanic shop is leased.
Great opportunity for owner operator asking price $3,6900,000 plus SAV.
Underground assets are relined just 2 years ago
Features

3 Bowsers
3 fuels – Diesel, Unleaded, Premium98
Post Office
Lotto
Convenience store
Mechanic shop
Revenue and expenses

Fuel sales = 150,000 liters/month avg 15 cents= $22,000
Shop sale = $60,000/month average 40% Margin = $20,750
Lotto sale = $24,250/month average 12% Margin = $2,750
Total gross Income= $45,500/month.
Expenses =$20,000/month.

Net income before tax= $29,000/Month before tax under management. (if owner operated $40,000/PM before tax or yearly $480,000 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 & Property : $3,6900,000 +SAV

Stock at valuation: $90,000 + /- 15%

Fuel bond : Nil

Stamp Duty; at actuals.

Legal fees; at actuals.

Note: All sales report can be provided for serious buyer, No Financials provided as they have many businesses under one company. Time wasters please stay away.

Subject to Aus Post approval, Lotto approval.

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 Gilraj Venkatappa

Industry

Fuel Retailing

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