Freehold service station with residence
About this opportunity
Stand-alone Service Station with $2.0m plus annual turnover located in a small country town. This busy little site’s turnover is made up of approximately sixty four percent fuel and thirty six percent food. Included in the freehold sale is a freshly painted 4 bed room residence with new flooring that could provide residence for a manager or an owner operator which will maximize profitability.
Business Story
This great opportunity includes freehold property on 1,200m2, it includes the stand-alone service station and a 4-bedroom residence with both buildings on one title.
The is business is well established (approximately 35 years) and has amazing turnover with great bottom line run under management. An owner operator could easily from the rent and the current bottom line own this business with freehold property including a residence in a matter of a few years, not including the additional savings to be made or other great motivational attributes this business provides, like reducing COG’s on food from 62%.
The business provides a great lifestyle for the current owners in more ways than one but as an aging partnership now is their time to wind back which means placing this business on the market. Being a small town, they have loyal local customer base who support their business.
The fuel has three storage tanks, two for diesel that are 11,800 ltrs and 5,100 ltrs respectively with the unleaded tank being 9,100 ltrs. There are no fuel supply contracts in place which allow the current owners to shop around for the best deal which could be up to .10 cents a litre difference from one to the other.
The site is a corner location on the main road which gives easy access with street parking. The business trades 7 days a week and open from 5.00am to 8.00pm is fully staffed and easily run.
Genuine reason for selling here and listed for sale at $485,000 + SAV for the Business plus $390,000 for the Freehold Property.
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Denny has a long career in all forms of business including Corporate Management with International and National FMCG organizations, with vast experience in the fields of Operational Management, Sales and Marketing Management, Franchise Business Management to Small Business Owner / Operator of Motels, Courier and Supermarket businesses.
In 2007 Denny saw the need for a good communicator with a strong understanding of business operation to offer a Business Broking service second to none. Denny's combined experienced gained over many years in the Corporate world and small business ownership has taken Business Brokering to new heights with with the Business Sales Group that includes NQ Business Sales, CQ Business Sales FNQ Business Sales and SEQ Business Sales, a very automated business utilizing technology to gain reach with unprecedented response in offers, time and product in the most professional manner.
Denny's focus is to satisfy Sellers and Buyers during transactions to deliver only good outcomes. In addition to this grow the business base and maximize the use of latest technologies to deliver a quality product.
Phil started his working career in purchasing with large and multi-national companies in Sydney.
A family relocation to Bowen in 1974 was the catalyst to owning his own business.
Phil has been in various businesses from Pest Control to Delicatessen/Takeaway and has for the last 39 years built a wholesale business that has served Bowen, Whitsundays, Mackay and the Coalfields, from 1 truck and himself to 6 trucks and 15 employees.
This has given Phil a very solid knowledge of the area from Bowen to Rockhampton and what it takes to thrive in business there.
Phil has a strong knowledge of business and business practices built through the process of growing his own business as well as time spent on State Franchise Council and dealing with the many changing government policies in those 39 years.
The process of selling his own business has shown Phil the real need for a locally based business broker, easily contacted and heavily focused on the Central Queensland area, which has led to his involvement in CQ Business Brokers.