Freehold Service Station. Queensland Regional Town. Close to the City of Gladstone No more rent to pay! Showing nett to working couple of over $374,000.00 for 2023!
Description
This BP Service Station (can be re-branded) is located right in the heart of this thriving coal mining and pastoral country town. Close to the City of Gladstone that has Queensland's largest multi-commodity shipping port and soon to be built a new hydrogen fuel plant costing of $3 billion.
Currently run under management with great staff in place with monthly wages of approximately $16,000.00 that can be saved with a hands-on owner-operator couple showing a nett for 2023 of $374,853.92!
Owner states consistent average fuel sales for the past 3 years of between 150,000 & 170,000 litres per month and shop sales of $50,000. High fuel margins.
Freehold site area of 845m2 that houses this Service Station and includes an office/room that is fully equipped with a shower & toilet that the owner stays overnight when visiting from Brisbane. The building also has a fully equipped commercial kitchen that is currently not used and will need to be recommissioned with the local council to offer hot food that will further add to the current income.
Broker's comments
Ideal business for a hands-on operator couple to save on wages. A rare opportunity to secure this freehold property with no more rent to pay or landlord hassels! Currently a BP site but can be re-branded if need be. Two years financials available.
Overview:
Financials show: Nett to a hands-on couple after add-backs of $374,853.92 for 2023 financial year.
Turnover: Fuel sales of between 150,000 to 170,000 litres & shop sales of $50,000 per month.
Freehold Property only $1.3m & Business $300,000.00 + SAV (to be sold together). Be quick!
Code 303719
