Central Coast Service Station For Owner Operator

$320,000

Listing ID (or SKU)

nsw09541

Uploaded

10 months ago

Listing Description

Central Coast Service Station For Owner Operator

Offers over $320,000 + SAV

Great opportunity to acquire this service station at Central Coast. 1hour drive from Sydney, close to water, in residential area and community-based without rent. This won’t last long so be quick!

Currently under management.
Brand new lease for 10years No RENT!
Monthly over 100,000 litres of fuel sale - Commission of 4 cents/litre. Previous to covid this store was doing over 180,000 litres to 200,000 litres per month.
Monthly Shop sale of over $25,000 to $30,000 (easily increased with good owner operator)

No Rent and 3 bedroom home to stay

Open 7 days a week from 5AM till 9AM, potential to extend hours as this service station.
Full training will be provided for easy transition.
Awesome opportunity for owner operator as no rent - you will reap all the profit
Great opportunity for owner operator offers over $320,000 plus SAV can be submitted for vendors approval.

Revenue and expenses

Fuel sales = 100,000ltrs/month avg 4cents= $4,000.00
Shop sales= $30,000/month 30%GP =$9000.00.
Total income= $13,000/month – expenses =$3000=Net income before tax= $10,000/Month for owner and free house to live.

Cost to acquire:

Business: $320,000
Lease deposit: $Nil
Stock at valuation: $30,000 + /- 15%
Legal fees $10,000

Potential:

This store was doing over 180,000 litres/month prior to covid, then management changed hence numbers are down, if motivated owner operator takes over this store can go back to same level as before as no any other shops in the radius of 3 to 5 kilo meters. This store should get a couple $20,000 per month before tax if operated properly.

Note: No Financials available for this store with the new “no rent and commission on fuel” options, hence past records are irrelevant.