Background & History
This petrol station has been operating in the same location for more than 20 years.
General Description
Petrol station selling fuel approximately 200,000 Litres per month @ average of 3c per litre inc GST as a commission agent with Metro Petroleum on RENT FREE agreement.
Currently supplying E10, 91 Unleaded, 98 and Diesel. 2 x pump stations and 12x nozzles. In addition LPG Gas, fire wood, engine oil, auto accessories
Convenience store sales total an average $100,000 per month at 40% GP, including tobacco, snacks, coffee, drinks, paper, magazines, cards
Operating Hours
Monday to Friday 5.00am to 10pm, Saturday and Sunday open 6am to 10pm
Lease
Lease from July 2021, 5+5 years, 6.5 years remaining
Employees
3 full time workers owner does not work
Financials
Commission agent agreement with Metro at 3c per litre, no rental
The owner pays No Rent
Weekly Takings $107,058
Cost of Goods . $98,656
Gross Profit . $8402
Rent $0
Outgoings $96
Wages $2400 (does not include the owners wage)
Telephone $50
Insurance $134
Electricity $578
Misc 1 $637 (bank fees, repairs and maintenance)
Total Expenses $3895
Nett Profit $4507
Stock $100,000
Asking Price. $550,000 + Stock
Potential
Potential to add lotto counter subject to approval
More car hire, ute and trailer hire
Owner operator can save more money on wages
Reason for sale: The owner has had this service station for 3 years and has other business interest.
