UNDER OFFER - Service Station - Netting $4000 per week
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UNDER OFFER - Service Station - Netting $4000 per week

Price: Price: $550,000 + Stock

UNDER OFFER - Service Station - Netting $4000 per week

Key Sale Highlights

  • Potential to open 24 hours
  • Potential to Add ute hire, van or trailer higher
  • Potential to add Food truck to reduce rent further
  • No Fuel Bond

Proudly listed by Tony Banh

Broker Firm

Business Overview

Background and venue

This inner west suburb is located on the main road inner west sydney, near 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

5.5 years lease remaining

Lease until October 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. $550,000 + Stock

Reason for sale: Owner has other business interest.

Sign Confidentiality Deed

Broker Firm

PO Boxes are not accepted

Help your inquiry stand out - tell the seller why you are interested in their business.

Confidentiality Deed Poll *

BACKGROUND

A. The undersigned is desirous of obtaining the Promising Information from the Prospected Business Owner.

B. The Prospected Business Owner will provide the Confidential Information to the undersigned on the terms of this deed.

C. The Prospected Business Owner has required the undersigned to execute this deed when the Prospected Business Owner will provide Confidential Information to the undersigned, prior to the Prospected Business Owner providing Confidential Information to the undersigned.

TERMS AND CONDITIONS

The undersigned agrees as follows:

  1. That the Prospected Business Owner is the sole owner of such Information, and such rights, therein as are now owned or hereafter develop or are acquired by the Prospected Business Owner in connection with the Proposal Transaction and all Confidential Information derived to the undersigned.
  2. That by receipt of such Information, by the undersigned from the Prospected Business Owner, the undersigned acquires no proprietary interest in the Information (and where the term "Information" is used in these conditions, it means the information not already in possession of the public).
  3. That all such Information received by the undersigned from the Prospected Business Owner or from others who advise the Prospected Business Owner, both written and verbal, furnished to the undersigned by the Prospected Business Owner, is by its nature and is considered Confidential Information, and further will be provided in confidence and is to be held by the undersigned and used by the undersigned only at such time that the undersigned is considering the Proposed Transaction.

In the event that, unless the contract becomes effective, the Information is herein, confidential information, then all such Information and the terms of this Deed are subject to the confidentiality provisions of such contract, and

  • Will use the Information exclusively for the purpose of evaluating the Proposed Transaction, or if pertaining to the other party of the relationship of the Prospected Business Owner with the undersigned, only through the process of evaluating the Proposed Transaction or at present for the world doing contract1.
  • In written form is WRITTEN/SIGNED/SENT electronically if Vendor & SIGNED BY the undersigned clause C/P:

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