Price
$180,000
Profit *
$88,000
Sales Revenue
$2,182,888
Location
Tasmania, Hobart & Southern
Category
Automotive, Service Station
Listing #
TA00181
Conveniently located in the tourist town of Richmond Village, this service station is the only one in the area offering high-quality mechanical repairs, and full drive-way service.
Clients range from locals and farmers to tourists fueling up for a trip up the East Coast. Traffic through Richmond has increased recently as many locals are diverting around roadworks near the Hobart Airport. These works are expected to continue for two years.
This business has relied on organic growth through word-of-mouth recommendations, which has proven to be a successful strategy over the years. However, through a more aggressive sales and marketing strategy, utilising both traditional and digital methods, the business is likely to increase revenue and consequently greater profits to its owner.
A new owner may consider converting one of the 95 or 98 tanks to diesel to provide two diesel pumps rather than the current one. The shop is currently open 7 days a week, Monday to Friday 7am to 7pm and 8am to 6pm on weekends. The owners currently work weekdays only.
Key features:
A comprehensive information memorandum has been prepared for this business as well as accountant prepared financials. An inspection of the business is highly recommended.
Jenny Graham
Phone: +61 3 6135 4446
Mobile: +61 0419 448 677
Email: [email protected]
THE PURCHASER IS TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF.
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*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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