Reference No: 117-NSW09717

Bike and Automotive
Gosford NSW

Price: $495,000

Service Station With Long Headlease At Central Coast For Sale



Great opportunity to acquire the service station at Busy central coast city.

Currently under semi management.

Long lease till 2026 5+5+5. Very low rent.

Monthly over 175000 ltr of fuel sale.  reseller, currently averaging 15 cents/ltr (margin of 10cents to 30 cents/litre)

Monthly Shop sale of over $30,000.

Total rent is $11,300+GST/month. Including other outgoings.

One of the shops is vacant, either rent it, or make the existing convenience store big or add fruit and veg store to increase the shop sale.

Mechanic shop is rented for $2500.00/month.

3 car washers are waiting to install the car wash and ready to pay rent of from$2500 to $3000/month, vendor not yet decided whom to give? Either you can run your own car wash by building by your selves or you can rent it for $3000/month (they will build the car wash). Approved DA in Place for car wash.

One more self-contained cabin behind which can be rent it out for café or use as office for car wash.

Open 7 days a week from 6AM till 9AM, potential to extend hours as this service station is in busy main road in one of the central coast cities.

Over $2.5 million annual sales.

Full training provided and easy transition.

This is very good opportunity with "Head Lease" as Vendor believes, this business is not fit for his portfolio.

10 years fuel agreement in place as "reseller". Buyer must agree for this condition. (or pay the penalty and move on with some other brand)

Very good opportunity for owner operated or  under management, asking price is $495,000 plus SAV. for more information.

Revenue and expenses

Fuel sales = 175000ltrs/month avg 15 cents= $26,250

Shop sales= $30,000/month 30%GP =$9000.

Rental income= $5250/Month.

Total income= $40500/month  expenses =19800=Net income before tax= $20700.

Cost to acquire:

Business: $495000.

Lease deposit: $72,000

Stock at valuation: $65,000 + - 15%

1 month rent in advance: $11300+GST.

legal fees and bond money with fuel supplier.

Potential.

Build the car wash  and run and earn extra income of over 10,000 month or rent it for $2500 to $4000/month(build by themselves)

Empty shop convert in to grocery, fruit and veg store may be organic concept will be ideal or

rent it ($1500 to 2000/month).

 

Please Contact:

Broker: Gilraj Venkatappa

Phone: 040174... (click to show)

Email: (click to show email)

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Price: $495,000
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Contact: Gilraj Venkatappa
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