PETROL STATION - LIMASSOL
| Business Type: |
Petrol Station
|
| Location: |
Limassol Centre, Limassol, CYPRUS
|
| Type of Tenure: |
Leasehold |
| Business Reference: |
CYS118L |
| Asking Price: |
€ 900.000 |
| Annual Turnover |
190000 (Net Revenue) |
| Gross Profit Margin |
7 cents per Litre |
| Monthly Rent |
50 |
| EBITDA Margin |
n/a |
| Stocks (at cost) |
50000 approx |
| Reason for Sale |
RETIREMENT |
| Accounts Available |
2019 Audited / 2020 Unaudited |
| Years Established |
26 |
| Incorporated Business |
Limited Co |
| Relocatable Business |
No |
| Car Parking |
30 spots |
| Vendor Financing |
Negotiable |
| Full-time Employees |
4 |
| Part-time/Seasonal Employees |
4 |
| Internal Area |
n/a |
| Internal Seating |
n/a |
| Terrace Area |
n/a |
| Terrace Seating |
n/a |
| Plot Area |
2500 sq.m. (27.000 sq.ft.) |
| Mezzanine Area |
n/a |
| Basement Area |
n/a |
| Mezzanine Seating |
n/a |
Description
This very well organized and managed petrol-station is located on a central, downtown Limassol Avenue. Built on a large plot (2.500+ sqm) it is one of the oldest in Limassol with over 25 years trading history and has been fully renovated recently to the highest standards. The station also includes a large, modern and beautifully fitted shop (60 sqm) and a separate car wash facility, which is currently rented. New owner may take over the car wash business to increase profit (cost of cancelling the existing contract will be paid by seller).
Due to its size and central location, the station has extra storage tanks and acts as a depo for other petrol stations of the same company.Therefore, in addition to retail sales the station makes money by selling wholesale to other petrol stations.
Overall, this is a secure, long-term investment, suitable for owners/managers but also for absentee owners. Sellers are willing to help new owners manage the business for a reasonable time period.
- 24 Pumps (95, 98,100 Octane / Diesel / Kerosene)
- 3 Petrol tanks: 30.000 liters each (90.000 total)
- 2 Diesel petrol tanks: 48.000 liters total
- 1 Kerosene tank: 18.000 liters
- Delivery Truck for heating-oil (6 tons) included
- In addition, 3 tanks for wholesale of Heating Oil, Diesel and Kerosene (90.000 liters total)
- 70% of sales are cash/ 30% with 30-days credit
- Plenty of parking space in the station plot for over 30 cars
- Water borehole & pump for car-wash use
- Rent paid to Oil Company is €50 (fifty euro) per month only
- Land leasehold has another 16 years life and is automatically renewable
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- The present business is offered for sale by DealMasters. Any information downloaded or printed is intended strictly for private use by you as a Registered User of our web-site; it may not be copied, published or distributed in any manner.
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