Tauranga / Bay of Plenty

Tauranga - Sold

Web Ref #33896
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Particulars

Address:
Tauranga
Price:
Sold
Listing ID:
33896
Category:
Services

Service Station - Prime Bay of Plenty Location

Major iconic brand service station with a modern and busy car wash / Top upmarket location / Major investment opportunity / High Return on Investment / 24x7 and fully managed by staff / Very strong and stable trading history.

Business Highlights:
1. Cash Surplus/EBITDA (Earnings before Interest, Tax, Depreciation, and Amortisation) & Proprietor Income for the Financial Year 2022 is $614,817 and the EBITDA & Proprietor Income for Financial Year 2023 (projected) is $579,928 and growing.
2. Fuel Sales: 4,305,480 litres in FY 2022 with very good margins. The projected fuel volumes in Financial Year 2023 will be 4 million litres approximately, as indicated by the vendor. However, this minimal decline is primarily due to certain roadworks affecting vehicular traffic, which are due to be completed shortly.
3. Shop Sales: $4,735,920 (incl. GST) in FY 2022 with high gross margins. The projected shop sales in Financial Year 2023 will be $4,867,287 (incl. GST) as indicated by the vendor.
4. Other major revenue streams in addition to fuel and shop sales are LPG sales, car wash sales, and sundry (trailer hire, etc.) with high gross margins.
5. The service station is fully managed by staff but offers an opportunity for an owner/operator with trained staff.
6. Trailer hire, coffee/food to go and LPG bulk sales are other streams of income that add further stability to the business as mentioned above.
7. Assets include double-skin fibreglass tanks, pumps/dispensers, all shop fittings, counters and food cabinets, storage area with racking, POS & IT systems, and CCTV.
8. Strong security arrangements like iron rolling shutters, fog cannons, and a secured night pay window all exist on-site.

"An Amazing Lifestyle Business Opportunity"

Price $2,700,000 + estimated stock value $200,000

Call Shaun Khanna - 029 770 9767 today.

For a confidential discussion please complete our online confidentiality agreement. Click or copy/paste this link to get started:www.ds4u.cc/abc?ref=33896

Particulars

Address:
Tauranga
Price:
Sold
Listing ID:
33896
Category:
Services

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