Service Station with Convenience Store in Port Stephens

Description

Business type: fuel and convenience store

Location profile: main road near water and highway

Financial performance

Revenue: approximately $3.2 million

Annual net profit before tax: approximately $178,000

Potential owner-couple profit: more than $340,000

Rent: none

Fuel bond: none

Fuel

Average fuel volume: approximately 115,000 litres per month

Fuel margin: approximately 5 cents per litre

Unleaded 91: available

E10: available

98 Premium: available

Premium Diesel: available

Convenience store

Average shop sales: approximately $65,000

Shop gross profit margin: approximately 40%

Grab-and-go meals: established

Snacks: established

Fresh coffee: established

Everyday essentials: stocked

Operations

Trading days: seven days per week

Trading hours: 5:00am to 9:00pm

Customer base: locals, commuters and tourists

Growth

• Add an ATM
• Expand hot food range
• Improve margins through owner operation