Out & About Service Station
About this opportunity
This recently renovated freehold service station has loads of potential. Previously closed for 15 years the owner operator decided to reopen the site within the previous 2 years and already has achieved a $2.0m plus turnover.
Business Story
Collinsville has slowly start to boom in the last 12 months and is set to boom a lot more with the announcement to open up of the Galilee Basin to coal mining which Collinsville is the gateway to. Adani is the start of this followed by another Rhinehart mine which will dwarf Adani. Coal shipped from the Galilee Basin will go to the Abbott Point coal loading facility which is approximately 25kms north of Bowen.
This recently renovated site will be sold with 1000m2 freehold property including a large 3-bedroom unit which has also been renovated to new condition. To enhance the site even further the adjacent house next to this site could be purchased to allow for heavy vehicle access. As part of the renovation and due to the site being closed for 15 years previously the tanks were removed and replaced with a new single tank with 4 compartments.
Currently the site has a growing weekly turnover of approximately $6000 per day including fuel which represents 65% and food with cigarettes just been added. The owner has included a café area which is becoming the go to place for coffee bringing in many daily regulars. The business is owner operated with 1 other committed staff member working split shifts. Should the new owner be part of a bigger business choose to expand the business further the site could have a residing onsite manager
Fuel supply is through the Caltex distributor who have supplied the bowsers, console giving the ability to accept Caltex card. There is no formal agreement in place which allows for great margins on diesel & unleaded.
The current owner really wants to retire and relocate, this will allow the new owners to treat the business as a blank canvass or trade on regardless using the systems and procedures in place.
This great opportunity is very affordable making for easy entry to a great business that still has great potential. The seller will offer a generous handover period and if necessary, also offer a trail period to justify the business to allow you to trade profitably from your very first day.
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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.