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Service Station In Newcastle For Urgent Sale For Sale

Newcastle, New South Wales, Australia
Asking Price:
$660,000 + SAV
Sales Revenue:
Available on request
Cash Flow:
Available on request

- Price: $660,000 + SAV
- Categories: Automotive
Offers over $660,000 + SAV.

Awesome opportunity to acquire independent service station in Newcastle.

Currently under semi management.

Good for immigration purpose too.

* Long lease till 2032. (5years+5years)
* Monthly over 200,000ltr of fuel sale. reseller, currently averaging 15 cents/ltr (margin of 10cents to 30 cents/litre).
* Monthly Shop sale of over $55,000.
* Total rent is $11,931/month +GST including Outgoings and insurance.
* Open 7 days a week from 5AM till 9AM, weekend 6AM till 7PM.
* Over $3.5 million annual sales.
* Corner service station. With 3 pumps easy to operate.
* Recently one of the underground tank is been refurbished by the land lord, spent over $60,000.
* Full training provided and easy transition.
* This is awesome opportunity with in Newcastle city fringe.
* Sub lease till 2027 Fuel contract and license to operate as "reseller". You can buy the stock from anywhere for store, and sell whatever the price deemed to be, you just buy only fuel from the fuel distributor.
* Great opportunity for owner operator asking price is $660,000 plus SAV.
* Revenue and expenses.
* Fuel sales = 200,000ltrs/month avg 15 cents= $30,000.
* Shop sales= $55,000/month 35%GP =$19,250
* Total income= $49,250/month expenses =25,000 Net income before tax= $24,250/Month, if owner operated with 50% involvement.

Cost to acquire:
* Business: $660,000.
* Lease deposit: 3months rent as Bond.
* Fuel Bond: $30,000.
* Stock at valuation: $40,000 + /- 15%
* 1 month rent in advance: $11,931+GST

Any other associated legal fees.

Note: Monthly sales report is available, owner brought this business just a one and half year ago for immigration purpose, hence No Financials, however trial can be allowed after exchange. No Much negotiation on price. All information seeker please stay away. This is for serious buyers only. Bank loan chances or low, unless you have equity in your property.

Extremely good opportunity for Immigration purpose too.

Please Contact:
Broker: Gilraj Venkatappa

Phone: ----------

Email: [email protected]

Listing Number: NSW09723

To complete an online confidentiality agreement, visit this business at: http://---.------------.---.--/NSW09723.

The Purchaser to make his/her own investigations and inquiries in relation to the business and not to rely upon warranty or statement made by the vendor or by anyone on his/her behalf.
Ref: NSW09723
Timestamp: --------------

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