Caltex Franchise For Sale Central Gold Coast
Are you ready to make the switch to an Australian wide, nationally recognised Oil Company? Or add to your Caltex Franchise portfolio?
This Caltex Franchise is your opportunity!
Centrally located in a business hub suburb of the Gold Coast. This Caltex Franchise For Sale is positioned on a busy corner block facing two major arterial roads (recently upgraded) with approx. 50,000 vehicles passing per day.
The current owner has operated the site for the past 5 years. In November of 2016 the franchisee signed a further 5 year term ready for its next owner.
You will be required to..
- Show a history of retail experience, preferably within the service station industry.
- Provide bank statements or a letter from your bank showing you have the level of funding required.
- Plan to immerse yourself in the industry – As a ‘hands-on’ operator without ties to other businesses.
- Understand the franchise model & financial trading.
The assignment process is slow, and it may take three months (application, interview process & training) for you to be in a position to take ownership of this Caltex Franchise For Sale (if you are approved).
For this reason we need to have a detailed discussion with you before we go too far down the track.
Basic business details include:
– Shop sales approx. $77,500 (incl. GST) p/month – Recently affected by road works
– Fuel volume approx. 416,300L p/month – Recently affected by road works
– 2016 Owner/operators profit = $96,000 (after add-backs)
– 19 hour trading
– Not required to purchase all stock as dictated by franchisor
To acquire this franchise you will need the following funding:
Purchase price: $150,000
Stock (approx.): $55,000
Working Capital (approx.): $30,000
Bond – up to: $100,000 (to be confirmed by Caltex)
Application Fee: $5,000
Training Fee: $8,500 (First applicant)
TOTAL (approx.): $348,500
You must have substantial proof that you have the ability to provide this level of funding including a letter from your bank and or finance approval, and bank statements to prove that you have the funds available now. If you cannot provide this evidence you will not be considered for this Caltex Franchise For Sale.
If you would like to know more about this Caltex Franchise For Sale please be prepared to supply evidence of your experience and ability to fund the acquisition, upon enquiring.
Price: $150,000.00 plus SAV.
Contact Benchmark Business Sales Head Office on 1300 366 521 to find out more.
0432 906 946