Independent Service Station With 4 Bedroom House

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Wangaratta 3677 Wangaratta, Victoria, Australia

11 160
$390,000
NSW09836
2 months ago

Highlights

  •  Under management.
  •  New lease till 2031+5 option.
  •  Full training provided and easy transition.
  •  Open 7 days a week

Overview

Unique opportunity to own this business with separate 2 level 4 bed room house along with swimming pool. Close to Victoria and NSW Border on high way in city limit Victoria side.

  • Under management.
  • New lease till 2031+5 option.
  • Monthly over 250000 Ltr of fuel sale.  reseller, currently averaging 12cents/Ltr (margin of 10cents to 20 cents/litre)
  • Monthly Shop sale of over $45,000.
  • Total rent is $11,000/M +GST+ outgoing.
  • Open 7 days a week from 5AM till 8PM, weekend 6AM till 6PM.
  • Over $3.9 million annual sales.
  • Full training provided and easy transition.

“Reseller”. Shop sale you can buy from anywhere, not necessary to buy from same brand.

Great opportunity for owner operator or under management asking price is $459,000 plus SAV.

About

Revenue and expenses

  • Fuel sales = 250,000ltrs/month avg 12 cents/ltr= $30,000/pm
  • Shop sales= $45,000/month 35%GP =$15,750.
  • Total income= $45,750/month – expenses =24,000(under management), Net income before tax= $21,750/Month. Owner operator can take over $29,000/month before tax.

Cost to acquire:

  • Business: $459,000 or more
  • Lease deposit: $33,000
  • Stock at valuation: $50,000 + /- 15%
  • 1 month rent in advance: $11,000+GST.
  • Any other associated fees.

Note: Monthly sales report and location is available to serious buyers. No Financials as owner operating since 9 months and previous operator has taken along with them the operating system. Option of buying freehold too, discuss in person with me. No Trial, after exchange can provide every day settlement figures and sales report which can be checked any time with random visit. This is genuine sale.

Potential

  • Free Hold option.

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Business Location City of Sydney, New South Wales, Australia

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