PRICED TO SELL - Service Station - Netting $4000 per week - Sydney Inner West

PRICED TO SELL - Service Station - Netting $4000 per week - Sydney Inner West

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Preview Listing
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Location Details :

Country

Australia

State

New South Wales

City

Bexley


Industry :
Automotive
Sub Industry :
Service Station

Background and venue
This inner west suburb is located on the main road between the inner west and Bexley

Currently selling on average about 300,0000 Litres per month as a commission agent average 5c per litre. 4.4c for E10, 5.5c for U91, 98 and Premium Diesel, 12 pump stations, Supplying E10, Unleaded, convenience store goods and gas bottles.

Shop sales about 55k per month about 38% margin selling food, drinks and snacks, some grocery lines like bottled water, toilet paper, cigarette sales represent about 20k per month.

Operating Hours
Sunday to Friday 5am to 11pm, Saturday 6am to 11pm

Staff
1 x full time owner, 1 x FT and 2 x casual

Lease

7 years lease remaining
Lease until 2031, 3% Increase, No Fuel Bond required.

Potential

* Potential ute hire, van or trailer higher
* Potential to add ATM
* Potential to add Food truck to reduce rent further
* Potential to add a lotto counter subject to approval

Financials

Weekly Takings $139,425
Cost of Goods . $130,922
Gross Profit . $8503
Rent $1975 (EX GST, includes the sublease from Mechanic)
Outgoings $200
Wages $1600 (does not include the owners wage)
Telephone $25
Insurance $125
Electricity $230
Misc 2 $346 (bank fees, repairs and maintenance)

Total Expenses $4501

Nett Profit $4002

Stock $50,000

Asking Price. $599,000 + Stock

Reason for sale: Owner has other business interest.

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Many BBNA Brokers are specialised in vertical markets, eg Medical, manufacturing, Accommodation, Legal, Hospitality etc. Many have spent years running or managing their own Businesses so have first hand knowledge on what makes businesses successful and unsuccessful. 

To talk about a business, you have to understand the business, know where the money is made, understand the processes, sytems and be able to understand the risk factors.

Understanding a business from the Owners point of view and being able to relate information about the business to the Buyer from his point of view, being factual and not embellishing the actual results is what we seek to achieve.

To have Certified Practicing Business Brokers that are also Registered Business Valuers, you have the opportunity to get excellent advice on how to increase the value of your business as a Seller or as a Buyer. This advice is also impatial, we see the mistakes that are made on a regular basis. You are free to use our advice or temper it with advice from your other advisors. Generally our advice is free in general areas or you can engage a Business Broker short term to use us as a sounding board to work with you on more specific requirements.

If you are a Buyer and are looking for a specific business and you have not found it on our website or others, we may be able to find the business that best suits you. Often we know of business that are not on the market, but we know that the Owner would sell if there is a qualified Buyer looking. 

email : admin@businessbrokersnetwork.com.au or Call 1300 33 18 14

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