Newcastle, New South Wales 2300
Great Independent Service Station In Newcastle.
For Sale | $595,000
Currently under semi management.
Long lease till 2027 with option.
Monthly over 225,000 ltr of fuel sale. Reseller, currently averaging 15 cents/ltr (margin of 10cents to 30 cents/litre)
Monthly Shop sale of over $50,000.
Total rent is $10,280/month +GST.
Open 7 days a week from 5AM till 9AM, weekend 6AM till 7PM.
Over $3.8 million annual sales.
Full training provided and easy transition.
This is awesome opportunity with in Newcastle city fringe.
Till 2027, License is in place as "reseller". Shop sale you can buy from anywhere, not necessary to buy from same brand.
Great opportunity for owner operator asking price is $595,000 plus SAV.
Revenue and expenses
Fuel sales = 225,000ltrs/month avg 15 cents= $33,750
Shop sales= $50,000/month 35%GP =$17500
Total income= $51,250/month expenses =22,578, Net income before tax= $28672/Month, if owner operated with 50% involvement.
Cost to acquire:
Lease deposit: $Nil.
Stock at valuation: $60,000 + /- 15%
1 month rent in advance: $10,280+GST.
Any other associated fees.
Note: Monthly sales report is available, but No financials. Trial after exchange.
Broker: Gilraj Venkatappa
Listing Number: NSW09723
To complete an online confidentiality agreement, visit this business at: http://www.linkbusiness.com.au/NSW09723
The Purchaser to make his/her own investigations and inquiries in relation to the business and not to rely upon warranty or statement made by the vendor or by anyone on his/her behalf.