Profitable Service Station and General Store, Freehold
Advert Id : 17318
Sellers Ref: (856)
Location: NSW
-Sawtell
Category: Service Station
Financial summary
Asking Price: Undisclosed
Sales revenue: Undisclosed
Net profit: Undisclosed
Furniture/Fixtures value: Undisclosed
Inventory/Stock value: Undisclosed
Business description
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This service station has been trading continually for over 50 years with only 3 owners so something must be right!
One of the last services stations to offer Driveway service for customers has seen this business maintain a loyal repeat trade.
There exists an ongoing verbal arrangement with IGA for a 4cent per litre discount to counter the supermarket schemes.
Trading hours are flexible and able to be adjusted to suit any owner.
Flexibility also exists in maintaining an independent brand. Not locked into a supply contract with one company, this station is able to take advantage of the best prices on fuel.
All Occupational Health and Safety requirements have been documented and are all tanks and bowsers are well maintained with full service records.
The location of the property at the entrance to a popular Boambee resort is an added bonus with guests of the resort a constant revenue in not only fuel but groceries and fishing gear which are not provided by the resort - a feature unlikely to change.
TURNOVER: $1,721,288 FY 09/10
VOLUME: 100,000 - 120,000 Ltrs per month
MARGIN: 10 - 18c per Litre
COMPETITION: 1 Caltex
LOCATION: Busy thoroughfare in Sawtell growth corridor.
SERVICES: Full Driveway service / General Store
CLIENTS: Established long term loyal customers
PREMISES: 2 Bedroom Freehold residence with potential
RARE: One of the few remaining truly independent service stations
BUYER: Suit a family looking for a great place to live with a regular income
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General Information
Year established: 50 years of continuous trade with only 3 owners
Employees: excellent family business
Other Information
Real Estate: 725m2 with 2 bedroom residence.