High Profitable Service Station for sale - 1SELL Listing Number: 1AU092
Newcastle NSW
Last asking price $1,800,000
Sold April 2024
Automotive
Metro Branded High Profitable Service Station for sale
1SELL Listing Number: 1AU092
Price: $1,800,000 + SAV
Overview:
- Metro Branded Petrol Station / Service Station near New Castle region
- Rent: NIL (as per current business structure)
- Lease till 2029 & plus 5 + 5 years with an option to extend.
Fuel Sales:
- Monthly Fuel volume: 789,048 litres approx.
- Current structure offers a fixed commission of 2.5 cents per litre.
Shop Sales:
- Monthly Shop Sales: $200,000 with over 40% Gross Profit (GP).
- Open 7 days ; 24 hours
- Full training provided for an easy transition.
Revenue and Expenses:
- Fuel volume: 789,048 per month approx. with 2.5CPL.
- Shop sales: $200,000 per month with 40% GP.
- Total gross income: $97,048 per month approx.
- Expenses: $32,405 per month approx. (including wages, electricity, and insurance).
- Rent: NIL.
- Net income before tax: $64,642 per month approximately with current business plan under management.
Cost to Acquire:
- Business: $1,800,000 +SAV
- Stock at valuation: $200,000 +/- 15%.
- Legal fees: At actuals.
Please note that full sales reports can be provided to serious buyers only after undergoing a personal assessment by 1SELL.
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: 105