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Petrol Station In Nicosia For Sale

Nicosia, Nicosia District, Cyprus
Asking Price:
€285,000
Sales Revenue:
Available on request
Cash Flow:
Available on request

This Petrol Station is one of the largest and best known in Nicosia with a trading history going back 17 years.

It is located on a very busy avenue in a densely populated area and has both steady clients and passer-by business.

Total Sales in 2019 for all types of fuel were about 2,6 Million Liters. In addition the Station has income from Shop sales, Car Wash and De-greasing.

The Station also has a separate Car Service facility and can provide automotive repairs & servicing (a licensed car mechanic needs to be employed or sub-contracted).

Profit before taxes for the Petrol Station Operator is around EURO 76.000 after deducting all expenses. The Asking Price is set at 4X Net Profit Before Tax, which is well below the going rates for good Petrol Stations in Cyprus.

The contract between the Petrol Station operator and the Oil Company is of indefinite duration, while the land lease has another 15 years before renewal is needed.

Fuel Tanks

95-οctane petrol: 50 tons
98 οctane petrol:15 tons
Automotive Diesel: 40 tons
Heating Diesel: 20 tons
Kerozene: 15 tons

Pumps (Number of Pumps)

95 octane: 8
98 octane: 4
Automotive Diesel: 10 (one of which high-volume)
Heating Diesel:2 (one of which high-volume)
Kerozene:2 (one of which high-volume)

Car Wash: Brand new, automatic touchless car wash system (total cost EURO 125K including the car-wash building)

Convenience Store: The station has a convenience store with car accessories and the usual convenience store items for sale.

Property Information

Real Estate:

Lease

Business Operation

Years established:
17

Contact Information

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