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Freehold Service Station, Newsagency and Mechanic Shop

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Price

$1,190,000 + SAV

Profit *

Refer to Broker

Sales Revenue

Refer to Broker

Location

Northern Rivers, Woodenbong

Category

Automotive, Service Station

Listing #

NSW10550

Himanshu Shah

Business Broker
NSW
+ 61 2 9899 1999
+61 403 017 344
himanshu.shah@linkbusiness.com.au

About this business for sale in Woodenbong

Link Business is pleased to present the opportunity to acquire the freehold property with independent service station, News agency, Lotto, spare parts retails and Mechanic shop Sitting in corner block of approximately 2023 sq meters land border of NSW and QLD in NSW.

Features

  • Independent service station.
  • Automatic fuel vending machine installed for 24 hours service.
  • Total capacity of fuel in 3 tanks is 40,000 ltr. Tanks are upgraded to fibre glass 10 years ago.
  • News agency.
  • Lotto.
  • Spare parts retail shop.
  • Mechanic shop with 3 hoists, many bays and all latest equipment including wheel alignment.2 separate workshops and storage areas.
  • Significant 2023 sqm* site with enormous development potential (STCA).
  • High exposure as corner block, only service station in the area.
  • Fuel sale is around 600,000/year with margin of 15 to 25 cents average.
  • Mechanic shop revenue over $240,000/year
  • Spare parts sales over $200,000/year
  • News agency, lotto commission over $22,000/year
  • Other sales over $150,000
  • Total Revenue approximately $2,000,000/year
  • Total GP is over $500,000.
  • Net profit over $180,000/year.

If owner operated additional income of $60,000/month on wages total annual income for owner operator with freehold property is approximately $240,000 PA before taxes. If you add convenience store along with hot food shop, can increase another $50,000 revenue/month STCA. Obviously, this will increase fuel sales too.

P.S: No ESA reports, however if you need one, it will be at the cost of purchaser.

Potential

  • Add convenience store along with Hot food and long hours STCA.
  • Add Brand to fuel instead of independent.

Cost to acquire

  • Property and business: $1,190,000+SAV
  • Stock: $70,000+/-15%
  • Stamp Duty and registration fee on property.
  • Legal fees at actual.​

Please Contact:
Listing Number: NSW10550
Broker: Himanshu Shah
Ph: 0403 017 344

To find out more, press the “Enquire Now” button to complete an online confidentiality agreement.

Note that some details of the business for sale are confidential and disclosure is subject to completing a Confidentiality Agreement and the discretion of the broker.

Stock photo images may be used to represent the business on an unidentified basis. Purchasers are required to make their own enquiries in order to verify the information provided.

Set email alerts

Himanshu Shah

Business Broker
NSW
+ 61 2 9899 1999
+61 403 017 344
himanshu.shah@linkbusiness.com.au

*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.

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