Service Station - Convenience Store - Automotive

Business Code: GNG1064


Key Features: No competition nearby

State: NSW

Location: Excellent corner location on main road near waterfront and surrounded by upmarket residential in South Sydney area.

Description

Service station and convenience store selling 250,000 litres of fuel per month @ $0.06 margin per litre. - Shop sales $60,000 per month @ 35% margin. - ATM revenue $500 per month included in takings - 8 fuel pumps. - Adjoining mechanical workshop is not included in the sale

Summary

  • Features: Major brand. - Only service station within 3km radius

  • Potential: Increase sales and customer service by adding trailer hire

  • Premises: Quality painting and fitout with an area of 1000 sq.mts. outside plus 300 sq.mt. shop and office

  • Trading Hours: 7 days. - Mon. - Sun. - 6 a.m.- 10 p.m.

  • Lease: Initial lease term commenced May, 2012 and expires April, 2022 + 5 year option. - Annual C.P.I. increases. - Bond $40,000. - Rent includes all outgoings

  • Employees: 2 owners + 2 family members

  • Comments: Equipment price of $49,000 is not included in the sale price. - Buyer must have experience in retail industry and must commit to run the business (under management business model is not acceptable). - $100,000 petrol bond to the petrol supplier (bank cheque or guarantee). - $50,000 operating capital required to run business smoothly

Weekly Summary

Weekly Takings
(inc GST)

$88,080

Cost of Goods

$77,746

Gross Profit

$10,334

Rent

$5,144

Outgoings

$553

Telephone

$16

Insurance

$125

Electricity

$285

Misc1

$120

Misc2

$346

Total Expenses

$6,589

Estimated Stock (Additional)

$80,000

Net Profit

$3,745

Price

$350,000

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