Priced To Sell - 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. $650,000 + 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.