Visit this listing at https://www.sbx.com.au/business?id=CB1422

Business Code: CB1422

Key Features: Leasehold - Long lease - Residence attached. - South Coast N.S.W.

State: NSW

Suburb: Bodalla, 2545

Location: Prominent corner position on main coastal highway at Southern entry to iconic South Coast village and close to well-known beaches.

Description

Service station - Leasehold, currently under management, newly reopened after extensive refurbishment - Enjoying current strong sales of 155,000 litres fuel p.m. and $50,000 p.m. shop sales with great upside - Supplying ULP, E10 95, PULP 98 and diesel - LPG available - Fuel margin estimated 8 c.p.l. as a reseller with shop sales 35% margin - New diesel above ground storage 30,000 litres, new ULP storage 30,000 litres, refurbished 9,000 litres PULP 98 and 2 x 4,500 litre refurbished E10 95 - 2 bowsers with 8 hoses each, supplied by 2 new Wayne pumps, and 1 bowser with 2 hoses supplying diesel through reconditioned Electroline high flow pump - Extensive new refrigeration display installed and new shelving - Self serve coffee available - New counter and till - New cooking facilities enjoying strong sales.

Summary

  • Features: Great location - Strong local support - Excellent branding - Top lease - Full refurbishment - New and refurbished fuel tanks and pumps - Attached 3 BR accommodation included - Good margins - Easy access for trucks with new paved forecourt - New canopy.
  • Potential: Continue to utilise hot food capacity - Increase product range - Target social media - Install ATM - Increase reseller fuel margin.
  • Premises: Newly and completely refurbished air conditioned premises with large internal area suitable for a wide ranging product range.
  • Trading Hours: 7 days - Mon - Sun 7.00 am - 8.00am.
  • Lease: New lease commence March, 2021 + 10 + 5 + 5 years - Current rent $8,000 p.m until Mar. 2022 - Year 2 $9,000 p.m - Year 3 $10,000 p.m then CPI increases - All rents plus GST - Bond 1 month.
  • Employees: 1 Manager + 1 casual.
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$90,000

Cost of Goods

$82,500

Gross Profit

$7,500

Rent

$1,845

Wages

$1,350

Outgoings

$100

Telephone

$25

Insurance

$115

Electricity

$600

Misc1

$200

Total Expenses

$4,235

Estimated Stock (Additional)

$90,000

Net Profit

$3,265

Price

$350,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Service Station - Leasehold - Under Management

Business Code: CB1422
Price: $350,000
+ Estimated SAV $90,000

Key Features: Leasehold - Long lease - Residence attached. - South Coast N.S.W.

State: NSW

Suburb: Bodalla, 2545

Location: Prominent corner position on main coastal highway at Southern entry to iconic South Coast village and close to well-known beaches.

Description

Service station - Leasehold, currently under management, newly reopened after extensive refurbishment - Enjoying current strong sales of 155,000 litres fuel p.m. and $50,000 p.m. shop sales with great upside - Supplying ULP, E10 95, PULP 98 and diesel - LPG available - Fuel margin estimated 8 c.p.l. as a reseller with shop sales 35% margin - New diesel above ground storage 30,000 litres, new ULP storage 30,000 litres, refurbished 9,000 litres PULP 98 and 2 x 4,500 litre refurbished E10 95 - 2 bowsers with 8 hoses each, supplied by 2 new Wayne pumps, and 1 bowser with 2 hoses supplying diesel through reconditioned Electroline high flow pump - Extensive new refrigeration display installed and new shelving - Self serve coffee available - New counter and till - New cooking facilities enjoying strong sales.

Summary

  • Features: Great location - Strong local support - Excellent branding - Top lease - Full refurbishment - New and refurbished fuel tanks and pumps - Attached 3 BR accommodation included - Good margins - Easy access for trucks with new paved forecourt - New canopy.
  • Potential: Continue to utilise hot food capacity - Increase product range - Target social media - Install ATM - Increase reseller fuel margin.
  • Premises: Newly and completely refurbished air conditioned premises with large internal area suitable for a wide ranging product range.
  • Trading Hours: 7 days - Mon - Sun 7.00 am - 8.00am.
  • Lease: New lease commence March, 2021 + 10 + 5 + 5 years - Current rent $8,000 p.m until Mar. 2022 - Year 2 $9,000 p.m - Year 3 $10,000 p.m then CPI increases - All rents plus GST - Bond 1 month.
  • Employees: 1 Manager + 1 casual.
  • Sale Reason: Vendor wishes to concentrate on other business opportunities.
  • Comments: Misc.- 1 - Merchant fees - Figures assume Owner / operator with Manager's wage added back - Fuel bond required by supplier - Accommodation refurbished and new furniture available - Connected to town water and sewer.- Fuel sales as effected by Covid -19 lockdowns.

Disclaimer: Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings

$90,000

Cost of Goods

$82,500

Gross Profit

$7,500

Rent (ex GST)

$1,845

Wages

$1,350

Outgoings

$100

Telephone

$25

Insurance

$115

Electricity

$600

Misc1

$200

Total Expenses

$4,235

Estimated Stock (Additional)

$90,000

Net Profit

$3,265

Price

$350,000
+ Estimated SAV $90,000

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The information contained on each individual business for sale has been gathered from the vendor or landlord and/or professional service providers and is believed to be accurate and current as at the date of publication. SBX Business Brokers provides no warranties of any nature are given, intended or implied and prospective purchasers must rely on their own enquiries and should verify the accuracy of information before proceeding.