Branded Petrol Station with Kebab shop & Mechanic shop for Sale - 1SELL Listing Number: 1AU052

Orange NSW
Asking Price $695,000
About
1SELL Listing Number: 1AU052

Asking Price: $695,000 + SAV

Massive Service Station with well-functioning Kebab shop and Mechanic shop. Busy site on the main Highway.

Well situated on main suburban road

Lease expires by 2029. Has the great option to extend 4 times for 5 years (20 years)

Head Lease $22,000+GST/month

Employees:

2 Casual Employees

About the business:

Service Station - Independent - High margins

Metro Petroleum Orange – Orange Mechanical – Orange Country Kebabs & Pizzas

Site located in major growth corridor.

Currently fully under management.

Open 7 days a week 5AM to 12PM, it is up to new owners to continue same hours or increase the hours to 24 hours as this store is in main part of the city.

Full training provided and easy transition.

Excellent food and convenience offering is supplemented by fresh coffee via coffee machine owned by the supplier.

Revenue and expenses

·          Fuel sales =approx. 235,000ltrs/month avg 10 cents= $23,500

·          Shop sale = approx.  $59,000/month average 40% Margin = $15,000

·          Kebab shop sale = approx.  $64,000/month average 30% Margin = $38,000

·          Mechanic shop sale = approx.  $23,000/month average 60% Margin = $20,000

·          Total gross Income= approx. $100,000/month.

·          Expenses = approx. $62,300/month.

·          Net income before tax= approx. $25,600/Month before tax under management. if 2 owner operates monthly net profit before tax over $45,000/month with Annual income of over $530,000 before taxes can be acquired.

Cost to acquire:

·          Business: $700,000 + SAV

·          Lease deposit bond: $70,000

·          Stock at valuation:100,000 + /- 15%

·          One month rent: $22,000+GST

Price: $695,000+SAV


The demand is STRONG for independent service stations, contact me today for your future tomorrow.

Note: All sales report can be provided for serious buyer.

Subject to Landlords 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.

Property Code: 59
        
Contact this seller
Listed By:
Contact this seller
Listed By: