LINK Business Brokers Australia

About this Business for sale in Wangaratta

Unique opportunity to own this business with separate 2 level 4 bed room house along with swimming pool. Close to Victoria and NSW Border on high way in city limit Victoria side.

  • Under management.
  • New lease till 2031+5 years option.
  • Monthly over 220000 Ltr of fuel sale.  reseller, currently averaging 12cents/Ltr (margin of 10cents to 20 cents/litre).
  • Monthly Shop sale of over $45,000.
  • Total rent is $12,000/M +GST+ outgoing.
  • Open 7 days a week from 6AM till 7PM, weekend 8AM till 5PM.
  • Over $3.5 million annual sales.
  • Full training provided and easy transition.

“Reseller”. Shop sale you can buy from anywhere, not necessary to buy from same brand.

Great opportunity for owner operator or under management asking price is $390,000 plus SAV.

Revenue and expenses

  • Fuel sales = 220,000ltrs/month avg 12 cents/ltr= $26,400/pm
  • Shop sales= $45,000/month 35%GP =$15,750/PM
  • Total income= $42,150 month – expenses =25,000(under management), Net income before tax= $17,150/Month. Owner operator can take over $27,150/month before tax.

Cost to acquire:

  • Business: $390,000 or more
  • Lease deposit: $36,000
  • Stock at valuation: $50,000 + /- 15%
  • 1 month rent in advance: $12,000+GST.
  • Any other associated fees.

Note: Monthly sales report and location is available to serious buyers. No Financials as owner operating since 2 months. (Owner just brough the property he does not want to operate the business). After exchange can provide every day settlement figures and sales report which can be checked any time with random visit. This is genuine sale.

Currently single person working for all 7 days hence the store is not fully functional. Operated 7 days weekdays from 6AM till 7PM, weekends 8AM till 5PM. Hence it is great opportunity to increase the operating hours with multiple employees or owner operated may increase the sales.

Listing Number: NSW09836

Please Contact:
Broker
: Gilraj Venkatappa
Phone: 0401744199
Email: gilraj.venkatappa@linkbusiness.com.au

To complete an online confidentiality agreement, visit this business at: https://linkbusiness.com.au/businesses-for-sale/ca/NSW09836

THE PURCHASER 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.

Listing: #NSW09836
Profit*: $300,000
Sales Revenue: $3,900,000
Northern Victoria, Wangaratta
Automotive, Service Station
*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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