Excellent opportunity to own an Independent Service Station in Far North Queensland - 1SELL Listing ID: 1AU0126

Cairns QLD
Asking Price $695,000
About
Excellent opportunity to own an Independent  Service Station in Far North Queensland

1SELL Listing ID: 1AU0126

Asking Price: Offers over $695,000 + SAV

Key Highlights:

   -  Busy prime location close to Cairns

   -  Annual revenue exceeding $8.7M

   -  Monthly Rent is $20,700 + GST + Outgoings

   -  Monthly Net Profit: $28,800 approx. (Under Management)

   -  Long lease till 2031.

   -  Licensed and council-approved commercial kitchen on site.

   -  Modern 2.5-year-old shop with impressive annual sales

   -  Complete training provided for easy transition.

Revenue:

   -  Monthly Fuel volume: Average 360,000 litres with about 12 cents per litre margin

   -  Shop sales: Average $80,000 per month with over 45% gross profit (High food sales)

   -  Complete training is provided to the new owner for an easy transition.

Expenses:

Monthly expenses: $50,380 approx.

Net income before tax: $28,800 per month approx.

Cost to acquire this business:

Price: Offers over $695,000 + SAV

Estimated stock: $150,000+/- 15%.

Bond: One-month Rental Bond

Financial information, lease, fuel agreement and POS reports can be provided to qualified buyers after completing a confidentiality agreement.

Contact the agent for a confidential discussion.

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.

Property Code: 137
        
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