business

CYS118L

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
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
Plot Area 2500 sq.m. (27.000 sq.ft.)
 

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
 

Photos
  • 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. 
  • You are advised that this is a confidential sale, therefore no direct approach to the business owners or business premises should be made and all viewings should be arranged through DealMasters. 
  • Prior to disclosure of the identity of the business and/or its owners, business financials and other operational details, interested parties will sign the standard Confidentiality Agreement, which can be downloaded here or sent to you by fax upon request.
  • We do not perform any due diligence on businesses for sale, business owners, or the information provided by them.  Such information is passed on by us without any guarantee or responsibility. Interested Buyers are strongly urged to perform thorough due diligence prior to acquiring a business
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