Metro Petrol Station New England Regional NSW - 1SELL Listing Number: 1AU012

Glen Innes NSW
Asking Price $259,000 + SAV
About
Metro Petrol Station in New England Region (Regional NSW)

1SELL Listing Number: 1AU012

Price: $259,000 + SAV

Vendor Finance Available

Overview:

   -  Metro Petrol Station / Service Station located in a famous town in the New England Region of Regional NSW, approximately 660 km from Sydney CBD and 270 km from Brisbane CBD.

   -  Suitable for 188 Business Visa, subject to immigration policy.

   -  Currently owned by an established couple and managed by 2 casual staff members.

   -  Rent: NIL (as per current business structure)

   -  Lease length: 5 + 5 years with an option to extend.

Fuel Sales:

   -  Average Daily Fuel Sales: Approximately 6,000 litres @ 4 cents/litre.

   -  Monthly Fuel Sales: 180,000 litres.

   -  Current structure offers a fixed commission of 4 cents per litre. Option to convert to Fuel Reseller Site at no extra cost.

Shop Sales:

   -  Monthly Shop Sales: $33,000 to $36,000 with over 36% Gross Profit (GP).

   -  Hot food sales account for 50% of the total monthly sales with high margins.

   -  Open 7 days a week from 6:00 AM to 8:00 PM.

   -  Operated by 2 casual staff members.

   -  Full training provided for an easy transition.

Features:

   -  Petrol station with Hot Food Setup.

   -  Large premises.

   -  Offers 4 fuels: E10, ULP, 98, and Diesel.

Revenue and Expenses:

   -  Fuel sales: $7,200 per month.

   -  Shop sales: $35,000 per month with 36% GP.

   -  Total gross income: $19,800 per month.

   -  Expenses: $9,750 (including wages, electricity, and insurance).

   -  Rent: NIL.

   -  Net income before tax: $10,050 per month with current business plan under management.

   -  If owner operated: $18,050 per month or $216,600 per year before tax.

   -  This income is based on less hours of operation. Increasing the operating hours to regular service station hours (5 AM to 10 PM) can potentially increase sales by 25%.

Cost to Acquire:

   -  Business: $259,000 (Vendor finance available).

   -  Stock at valuation: $70,000 +/- 15%.

   -  Legal fees: At actuals.

Potential:

   -  Opportunity to add trailer hire services.

   -  Addition of a coffee machine.

   -  Introduction of a variety of hot food items due to high demand in the city.

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.

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: 23
        
Ref Num: onesell_51_5
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