Background and venue
This inner west suburb is located on the main road between the inner west and Bexley
Currently selling on average about 300,000 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
5 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. $525,000 + Stock
Reason for sale: Owner has other business interest.
Detailed financials and trading history are available under a confidentiality agreement.
Sign the NDA →Detailed financials, trading history, and lease terms are available under a standard confidentiality agreement. Get in touch with the BBNA broker managing this mandate.