Prime Coromandel location/ Service Station with High Profit and licensed Vape Store/ Huge profits of $494,781 in Financial Year 2023/ Popular Major brand/ Fully managed by trained staff/ Convenient trading hours/ Reasonable rent/ High cash surplus++
Business Highlights:
1. Fuel Sales: 1.9 million litres approx. in FY 2024 with very good margins. The service station has been a very high performer and average fuel sales pre-COVID have been consistently in the circa of 2.2 million litres.
2. Very high margins on fuel up to 30 cents per litre.
3. Shop Sales: Approx. $30,000 p/wk approx. (incl. Vape sales) with high gross margins. Other major revenue streams are LPG bottle swap, trailer hire, etc.
4. Assets being sold with the business include: Double Skin Fibre Glass underground fuel storage tanks, high spec pumps (installed in 2017), all shop fittings, food storage cabinets, storage area with racking, POS & IT systems, & CCTV.
5. Convenient trading hours:
Winter: 5:30 am to 7:00 pm
Summer: 5:30 am to 8:00 pm
6. Fully managed but being sold with the opportunity for an owner/operator.
7. Dispenses 91, 95 and Diesel, LPG bottle swap
8. Secure Lease: The Vendor is the Landlord. A new, long and secure lease will be signed with the incoming purchaser.
9. A long, secure Fuel Supply Agreement exists.
10. Good customer parking, toilet, managers office, and chiller.
11. Good security arrangements, CCTV camera, strong room, and good storage area.
Asking Price for business $1,500,000 + estimated stock $160,000 (Stock of $125,000 for service station and $35,000 for Vape store).
Asking price for Freehold Commercial Land and fully certified buildings $1,500,000.
Total Asking Price $3,000,000 + stock (including business and Freehold Commercial Land and fully certified buildings).
Call Shaun Khanna - 029 770 9767 today.
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