Independent Service Station near New Castle for sale - 1SELL Listing ID: 1AU0110

Independent Service Station near New Castle for sale

1SELL Listing ID: 1AU0110

Asking Price: $1,250,000 + SAV

Key Highlights:

   -  Busy prime location close to New Castle region

   -  Annual sales revenue exceeding $7 million.

   -  Monthly Rent: NIL (As per current Business structure)

   -  Monthly Net Profit: $41,500 approximately (Under Management)

   -  Lease till September 2024 with options to extend.

   -  Open 7 days: Monday to Friday: 5 am to 10 pm; Sat-Sun: 6 am to 10 pm

   -  Complete training provided for easy transition.

Revenue:

   -  Monthly Fuel volume: Average 268,900 litres with about 2.5 cents per litre margin (Current structure offers a commission of 2.5 cents per liters)

   -  Monthly Shop sales: Average $107,100 with around 40% gross profit

   -  Kebab Store sales: $30,200 per month approximately with 65% gross profit

Expenses:

   -  Monthly expenses: $28,000 approx.

   -  Net income before tax: $42,000 per month approximately with current business plan.

Cost to acquire this business:

Price: $1,250,000 + Stock at value

Estimated stock: $100,000 +/- 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: 121