Hot Topics - Fuel retailing Benchmarks

By: Bizsellbuy  29-Sep-2011
Keywords: Commercial Property, Home Based Business, Home Business Opportunity

    

Fuel retailing Benchmarks -September 2011


 

The main activity for businesses in this industry is the retail sale of fuel and some motor vehicle related products.

A large number of the service stations are linked with supermarkets or operate as franchises that may also run a convenience store and/or fast food service from the same premises. Truck and trailer hiring, car wash and lottery sales are less common, but can also be found in some service stations.

Businesses in the prime locations generally have the advantage of obtaining larger volume sales.

Performance benchmarks for a medium fuel retailing enterprise Annual turnover range   $500,000 - $2,000,000 Higher range >$2,000,000

Cost of goods sold    76% – 88%

Labour / Turnover 3% - 9%

Rent / return   1% - 5%

Service stations have been in poor demand with buyers over the past twelve months with major groups and supermarket companies dominating the industry, buyer are seeking a return on investment of 35-47%. The major assert of a service station is the freehold property but buyers need to be caution about future environmental clean up issues the site may require before development can take place .Businesses for sale prices have flat lined at best and decreased by up to 5-8% over the past 12 months in throughout many industry types and areas of Australia

BizSellBuy is Australian’s premier businesses for sale directory BizSellBuy also offers professional business broking service in Queensland & throughoutAustralia. Selling a business or looking for a business for sale Bizsellbuy connects buyers to sellers.

Keywords: Business Broker, Business Brokerage, Business Brokers, Business for Sale, Businesses for Sale, Buying a Business, Commercial Property, Distribution Business, Franchise Advice, Free Business Appraisal, Home Based Business, Home Business Opportunity, Internet Business, Sell a Business, Selling a Business

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