Service Station with Convenience Store in Port Stephens

Description

Main Road location provides easy access for both locals and visitors. Situated close to the water, the business attracts a mix of local residents and tourists. The convenience store offers grab-and-go meals, snacks, fresh coffee, and everyday essentials. Fuel types available include Unleaded 91, E10, 98 Premium, and Premium Diesel. Operating hours are from 5:00 am to 9:00 pm daily. There is no rent or fuel bond.The business presents strong potential for an owner-operator, with significant margin improvement possible through direct control of operating costs. Its location near the water and highway ensures steady traffic from holidaymakers and daily commuters. Additional services such as an ATM or expanded hot food offerings could further increase revenue.Financial highlights include approximately $3.2 million in revenue, average fuel volume of 115,000 litres per month with a 5 cent fuel margin, and average shop sales around $65,000 with a high gross profit of 40 percent. Annual net profit before taxes is approximately $178,000, with the potential to exceed $340,000 if operated by an owner couple.