High Profit, Fuel, Alcohol and Food Sales Business under Management
Stock Included: —
Stock Value: —
Years Est: —
Gross Revenue: —
The Virginia Store
Only $780,000 + SAV
The Virginia Store is a highly profitable business, operating under full management, located only a few minutes from Palmerston. Sales are well diversified between fuel, takeaway alcohol, grocery lines, food and cigarettes demonstrating an excellent risk profile. It is located adjacent to the Virginia Tavern and Boomerang Caravan Park and Motel and is the local shop for the approximately 3,000 residents in the immediate area. The upside for the business is enormous - coming from the rapid growth in local population and opportunities in the key income streams.
Key features of the business include:
* Highly profitable showing a cash ROI of well over 30% on 2016 figures.
* Multi-million dollar annual turnover.
* Under full management with high quality staff in place – many have been there for years.
* Long term lease with rental <3% of total sales (2016).
* No franchise fees.
* Fuel & Takeaway Alcohol sales – these businesses are VERY rare.
* Under 10 minutes’ drive from Palmerston.
* New re-branding to Puma is expected to further drive sales – especially with tradespeople and Puma Card holders.
* Current margins on fuel are at historic low points in the pricing cycle – the time to buy is now.
* Long term loyal, repeat client base.
Profitable businesses under full management are rare. New Take Away liquor licenses are about to become nearly impossible to get. Act now and call for more information and to receive a full business profile. Contact Andrew Hahn now on 08 8941 3000 or email firstname.lastname@example.org
Licensed Agent: AL1041, 43 Cavanagh Street, Darwin