UNDER OFFER - Service Station - Netting $4500 per week - Rent FREE agreement - Regional NSW

Background & History

This petrol station has been operating in the same location for more than 20 years.


General Description


Petrol station selling fuel approximately 200,000 Litres per month @ average of 3c per litre inc GST as a commission agent with Metro Petroleum on RENT FREE agreement.

Currently supplying E10, 91 Unleaded, 98 and Diesel. 2 x pump stations and 12x nozzles. In addition LPG Gas, fire wood, engine oil, auto accessories

Convenience store sales total an average $100,000 per month at 40% GP, including tobacco, snacks, coffee, drinks, paper, magazines, cards


Operating Hours

Monday to Friday  5.00am to 10pm, Saturday and Sunday open 6am to 10pm

Lease

Lease from July 2021, 5+5 years, 6.5 years remaining

Employees

3 full time workers  owner does not work


Financials

Commission agent agreement with Metro at 3c per litre, no rental

The owner pays No Rent

Weekly Takings   $107,058
Cost of Goods .    $98,656
Gross Profit .        $8402
Rent                     $0
Outgoings         $96
Wages                 $2400 (does not include the owners wage)
Telephone            $50
Insurance             $134
Electricity             $578
Misc 1                  $637 (bank fees, repairs and maintenance)


Total Expenses   $3895

Nett Profit            $4507

Stock                    $100,000
  
Asking Price.      $550,000 + Stock

Potential

*  Potential to add lotto counter subject to approval
*  More car hire, ute and trailer hire
*  Owner operator can save more money on wages

Reason for sale: The owner has had this service station for 3 years and has other business interest.