ID : 15575
Busy Shopping Location
Annual Turnover £555,772
Gross Profit £85,181
Established 50+ Years
Retirement Sale
EPC – C
Blacks Brokers are delighted to bring to the market this feehold petrol station located in a sought after location in Sale, Manchester.
Chapel Lane Service Station has been trading on Green Lane for many years and the current owner acquired the business in 2009. The business and property is only being offered for sale due to the owners’ semi-retirement plans and therefore this has created an exceptional opportunity to acquire this highly profitable service station.
The business is located on Green Lane and is at the heart of the community. Green Lane has a number of independently owned businesses that support the service station perfectly.
Externally the business, as one would expect from this sector, has striking signage and a strong brand identity. The owner has rented out a space to the side of the forecourt that generates a strong monthly income. The space is currently the home to a hand car wash business that keys into the customer base. Also externally is a further space that is rented to the parcel service ‘In Post’. This generates a steady income stream.
Once inside the shop itself the size of the sales area can be fully appreciated. There are many ways to expand the trade with the business. Currently the shop does not sell alcohol and there is certainly a market for such trade also the recognises that the addition of the lottery could also generate footfall to the retail side of the business. Petrol sales are steady and current trading is around 100 litres per day. The business enjoys plenty of repeat custom whilst also attracts many new customer due to its convenient location.
Chapel Lane Service Station is a well-established petrol station that has a large and loyal client base whilst also offering a tremendous amount of potential trading opportunities to be exploited. In addition to the demand in alcohol sales there is also an opportunity to extend the opening hours to maximise the trading figures. Early viewings are advised as a speedy completion is anticipated.