Shell Petrol Station and Convenience Store. Geelong and Bellarine Region, VIC

Great Opportunity to purchase a prominent and successful Petrol Station & Convenience Store.

Busy and Longstanding Shell Petrol Station Convenience Store and Hot Food.
Massive  town with growing population and popular with tourists all year round and heavily over spring-summer periods.

Modern Site with upgrades internal fit out and external equipment.
Vendor owns the land/freehold but looking to lease only.
Family run business – owned and operated for decades. Looking to slow down.

Shell Petrol Station and Convenience Store
Land Size: 1935 Square Metres
Population: 18,086
Traffic:  4,000 Cars Daily

Business Asking Price -$850,000 Plus Stock – Negotiable
Low Competition and massive potential.

Currently Selling Average 200,000 Litres Per Month 
Average Margin  12  – 15 CPL

Shop Sales are still strong at Average $100,000 Per Month.
Very High Profit Margins on Food and Shop Sales
Basic hot food sold. Potential to expand menu and add more food to the menu.

New Long Lease Available – 20 Years or as agreed.
10 x 5 x 5 Years 

  • Rent: $300,000 Plus GST and Outgoings  – For the Whole Site Including the Workshop Mechanic.
  • Less Rental Income from  Sub Lease of the Workshop Mechanic of $58,440 Per Annum Includes GST/Outgoings – which goes to you.
  • So you only Pay Under $20,573 Per Month Plus GST and 100% of Outgoings

Trading Hours :   6am – 8pm Daily.

Potential to open longer and take advantage of the summer and holiday trade.
And potential to expand the hot food menu.

2 Staff on from 6am – 11am daily.  If busy second staff member stays on till after lunch 1pm.
1 Staff Member from 1pm onwards.
Junior Staff assist in afternoon shifts and weekends with food preparation.

Over Summer and Holidays need 2 Staff per shift all day.

4 Tanks
2 x 27,000 Litres
1 X 16,000 Litres
1 x 15,000 Litres – Enviro Tank installed 2004

Monitoring Wells on site.
New Gilbarco Pumps
Tenants Outgoings – Rates average $11,000 per annum. Building and Contents Insurance with Full Public Liability and Flood Cover averages $15,000 Per Annum.

SIRA Reports and ESA done in 2019 will be provided.

Shell Fuel Agreement in place –  Expires in over 1 year, Exact date and agreement  to be provided.

Monthly Expenses:
– Electricity –  $1,300 (installed Solar Panels)
– Rent $25,000 Plus GST and Outgoings.  Less Rental of $4,427.28 Per Month Plus GST = $20,573 Per Month Plus GST and Outgoings
– Outgoings – Rates $900           
– Building , Contents, Flood, Public Liability Insurances: $1200 

if you would like any more information on this great opportunity or to book a private inspection please complete the attached confidentiality form and Attach ID/Bill with Name Address Please.

PLEASE DO NOT TALK TO STAFF IF YOU ATTEND AS A CUSTOMER OR DISCREET INSPECTION.