We are pleased to inform you that the lease option has now been extended, and the property is back on the market for sale, here are the business details as below:
Lease Terms:
New lease term option is still in negotiation and will be reviewed by the buyer when finalised.
Current rent:
$18,830/month (GST inclusive)
Sublease to Mechanic Workshop: $7,150/month (plus outgoings)
Sublease to Dog Wash:
$850/month + GST (on a month-to-month basis)
Fuel Bond:
$50,000
Rental Bond:
6 months
Monthly Revenue:
Fuel Volume: 200K+ litres
Shop Sales:
$32K+ Commission: 5.5c per litre (E10, 91 Unleaded, Diesel)
Strengths & Potential:
- Over 20 years of history in the Inner West
- Prime location near the newly launched Marrickville Metro Shopping Centre (1.2km away)
- Franchise with Metro Petroleum (Sydney-based, low-priced oil company)
- No loyalty fee; Fixed commission on fuel sales
- Expansion opportunities for food and retail productsPotential to fully utilize the food trailer for increased sales
Contact Us:
Barton Cha
Phone: 0478 824 168
Email: info@sinosmart.com.au
Property Code: 144
