BP SERVO WITH SUPERMARKET - Action Negotiators

BP SERVO WITH SUPERMARKET

Sydney, New South Wales

The site was purchased by the Vendor in 2007 and redeveloped.

Trading commenced in 2008. The Business continues to show growth over previous year.

SUMMARY

Asking Price:
Sales Revenue:
Cash Flow:
Years Stablished:

KEY INFO

Vendor is hands on and works from 5-30am to 7pm, 7 days.
Wife works from 7-30am to 4pm, 6 days.
They employee 3 part time staff,
First works Monday to Sunday from 4pm to 9.30pm 7 days.
Second works Monday to Sunday from 5.30pm to 9.30pm, 7 days.
Third works Tuesday, Thursday and Sunday being 16 hrs.

Trade agreement, term & conditions

New BP “To Go” contract for 5 years
Brand Fee (BP) is fixed @ $1,400.00 PM.
Bank Guarantee of $100k, fuel paid next day from delivery.
No restriction in purchase other then fuel.

Competition

NB there is no service station near by that keeps Diesel Fuel.
Customers are mostly locals and regulars.

Petrol & Diesel

Fuel Tanks capacity.
1 Unleaded tank 60k.
2 Premium Tanks @ 20K each.
2 Diesel Tanks @ 10k and 20K respectively.
Selling 80,000 to 100K Lt Per Month Diesel @ 7 cents plus margin.
Selling 250,000 Lt Petrol PM@ 6 cents plus margin.

Supermarket

T/O $ 40,000 P/W
Cigarette takings approx 38% of Sales @ 22.5% GP
Supermarket items are 62% of Sales @ 45% GP
This is a very high margin store!
Size: 250 sqm store presented as new!
ATM -+ $350 p/m
Eleven door stainless steel fridge with ample back cooling.
Good size Storeroom.
Toilet in Store.
Large variety carried with high margins.
Stock value required to trade is $100,000 plus.

Premises

Total size: 250sqm
Offices: Yes
Parking: 6 bays
Rental: $3,800.00 p/w
Lease: 10 yrs, option 10 yrs
Landlords: Vendor
Purchase Price: P Price $1.1 million plus SAV
Exclusive Agency

PROPERTY INFO

Real Estate:
Lease Terms:
Leasehold Rent:
Living Accommodation:
Location: Sydney, New South Wales

Terms and Conditions

I/WE ACKOWLEDGE that Action Negotiators are the authorized selling agents of the Vendor/s AND on a sale of the Business listed above or subsequently referred by you to me/us that you will be entitled to receive a commission and fees from the Vendor AND I/WE AGREE:-

That the Vendor/s has signed an Agency Agreement for the sale of the Business with the Agency; and
Not to negotiate direct with the Vendor/s or through third parties without your consent; and
Not to Induce the Vendor/s to breach their Agency Agreement with you; and
Confirm that the information provided on behalf of the Vendor/s is disclosed to me/us is commercially sensitive and given to me/us In the strictest confidence; and
That the Vendor/s Information can only be disclosed by me/us to my/our legal and financial advisers and only then for the purpose of accessing and determining whether to proceed to purchase the Business.

I/WE ACKNOWLEDGE that your representative has advised me/us that you are acting as the Vendor’s agent and that:-

All information supplied by you to us about the Business is provided on behalf of the Vendor/s; and
You do not verify the accuracy of the Vendor/s Information; and
I/we have been advised to check independently for accuracy any information about the Business given to me by or on behalf of the Vendor/s; and
I/we have been advised to satisfy myself as to the Vendor/’s business records, turnover, expenses, lease, business licenses and municipal approvals to operate the Business; and
I/We acknowledge that I have received no warranty from you as the future trading figures of the Business and in estimating future turnover have relied upon my own independent inquiries and research.
That if l/we induce the Vendor/s to breach or avoid their Agency Agreement with you that I/we may become liable to you for any damage you may sustain including your full commission and incidental expenses in listing, advertising and promoting the Business and all your legal costs plus interest; and
That if I disclose the Vendor/s information to unauthorized third parties and the Vendor/s suffer damage as a result of my actions that I may be liable to the Vendor/s and yourselves for damages.

By checking this box, I accept the above terms and conditions of this agreement.