Background & History

 This service station has been operating for more than 20 years. Popular north shore location

General Description

Petrol station selling fuel approximately 160,000 to 180,000 Litres per month @ average of 20c to 25c per litre as a reseller agent. Currently supplying E10, 91 Unleaded, 98 and Diesel. 2 x pump stations and 16x nozzles. In addition LPG Gas, fire wood, engine oil, auto accessories

Fuel tank size

91 – 43,000Litres
E10 – 22,200 Litres
98 – 17,600 Litres
Diesel – 19,800 Litres

Convenience store goods total about $35,000 per month at about 35% margin selling snacks, drinks, paper, magazines, cards

Operating Hours

Monday to Saturday – 6am to 10pm, Sunday 7am – 10pm

Lease

Lease commence 7 years remaining, 5% annual increase, No Fuel bond Required

Employees

1 full time owner operator and 4 x casual employees

Financials

Weekly Takings  $81,494
Cost of Goods    $71656
Gross Profit        $10589
Rent                     $4058 (ex GST)
Outgoings            $194
Wages                 $1600 (Does not include the owners wage)
Telephone            $35
Insurance            $134
Electricity             $186
Miscellaneous      $1000 (GST, bank fees, repairs & maintain)
Total Expenses   $7207

Nett Profit            $3382 (profit for 1 full time owner working 40 hrs p/w) Stock      $50,000

Asking Price .      $590,000 plus Stock 

Potential

• Currently not serving any hot food. Potential to add hot food offerings such as pies, sausage rolls, sandwiches, donuts, tea and coffee
• Potential to add lotto counter subject to approval
• Potential to 1 or 2 hire cars for extra revenue

Reason for sale: The owner has expressed that he is not desperate to sell however is motivated to sell at the right price. The owner has had this  service station for 7 years and has other business interest