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Confidentiality Agreement

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CA Form

Two Freehold Service Stations – Northern QLD Location – Business for Sale Ref:3045

SOLD

  • ID Ref 3045
  • Suburb Cairns
  • State QLD
  • Status Sold

Business Description

This is a strategic opportunity to purchase two Freehold Businesses located in beautiful Northern QLD. One is located on a major and busy highway and the other is located in a lovely beach township.

Set in nearby locations, both are service stations that are generating large cash flow for the owners and offer future growth potential. The highway service station has a busy takeaway and mini grocery store and the beach service station has a full-time post office within the centre.

With no other food outlets in the area and no post delivery, it means that the locals and tourists rely predominantly on these two businesses to service their food, takeaway and postal needs.

Mostly under management, the businesses are generating over 20% return. This could be increased further with the new owners working more hands-on in the business and/or introducing more equipment and services, such as an espresso coffee machine at each site. If the new owner completed a Post Masters course, they could also save $50K in wages at the Post Office.

The Opportunity:

Freehold Business 1: Highway + Takeaway + Convenience Store

The first is a highway service station with a convenience store and takeaway.

The service station is located on a busy highway with no competition and has a large frontage area of approx. 2,453 m2.

It has 2 fuel pumps and 1 diesel pump and operates 7 days per week from 5 am to 8 pm with 1 full-time manager and 7 casual staff.

Freehold Business 2: Beach + Post Office

The second is a beachfront service station that also incorporates a full-time post office.

The business is located right near the beach with no competition and covers an area of approx 1,390 m2.

It has 2 fuel pumps and 1 diesel pump and operates 5 days per week from 5 am to 6 pm, with the Post Office trading from 9 am to 5 pm (Monday to Friday).

The service station has 4 casual staff members (one being an assistance manager) and one full-time post master for the post-office.

Each property has a separate private residence included in the sale and the service stations are doing approx 3,000 litres of fuel per day.

This is a massive business opportunity, generating over $3.5 million in sales per annum.

It would be ideal for a large family or 2 families or couples that are looking for a great work and business lifestyle in a beautiful North QLD location.

The Owners have other business interests that they wish to pursue and are willing to sell the freehold businesses together or separately.

For more information about this excellent opportunity, complete the Confidentiality Agreement quoting reference no: 3045

Price for Sale: $ 2,300,000

Business Broker: Paul O'Connell – Mob: 0450 5657 800; Email: paul.oconnell@absbrisbane.com

Business Features / Snapshot

Price: SOLDTrial: no

Your Business Broker

Paul O'Connell
  • Paul O'Connell

  • Phone: 07 3368 4010
  • Mobile: 0450 567 800
  • Profile: view profile

Business Location

Cairns, Queensland 4870