ABC Business Sales – Caltex Bishopdale

On the market for the first time in 27
years, Caltex Bishopdale is a quality opportunity in the Christchurch
fuel industry. Located on a busy section of road in a strong residential suburb,
the site is pumping around 4.8 million litres and seeing total sales of well
over $10 million. The business has a full complement of staff with the
owner currently having little day-to-day involvement. Paired with the six-figure
return the site generates, this is a desirable proposition. The shop operates
as an On The Spot, which is part of Foodstuffs, allowing them to stock house
brands. As part of a recent upgrade, the food and coffee area was refitted to
serve barista coffee, adding to the premium offering this site has. The
business is available for sale at an asking price of $1.3 million +stock, which provides an owner with up to a 20% return. There is also an
opportunity to purchase the freehold site which has multiple tenants and
would make a desirable addition to any portfolio. Don’t miss out on this rare
opportunity, contact Alex Ingrosso today.

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