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UNDER OFFER! - Service Station - Netting $4000 per week - Sydney Inner West
Bexley, NSW, 2207
Automotive
·
Service Station
$525,000
UNDER OFFER!Background and venueThis inner west suburb is located on the main road between the inner west and Bexley Currently selling on average about 300,000 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 HoursSunday to Friday 5am to 11pm, Saturday 6am to 11pmStaff1 x full time owner, 1 x FT and 2 x casual Lease5 years lease remaining Lease until 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 approvalFinancials Weekly Takings $139,425Cost of Goods . $130,922Gross Profit . $8503Rent $1975 (EX GST, includes the sublease from Mechanic)Outgoings $200Wages $1600 (does not include the owners wage)Telephone $25Insurance $125Electricity $230Misc 2 $346 (bank fees, repairs and maintenance)Total Expenses $4501Nett Profit $4002Stock $50,000 Asking Price. $525,000 + Stock Reason for sale: Owner has other business interest.
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