Large Petrol Station In Nicosia For Sale

Eylül 28, 2025 1:12 pm
Nicosia, Cyprus

€350,000

Asking Price: €350,000 Furniture / Fixtures included
Sales Revenue: Undisclosed
Cash Flow: €100,000 Sales & profit

The petrol station sells about 3.1 Million liters of fuel annually with a profit margin of
around 5.5 €cents per liter, which is the norm in Cyprus. In addition, there is income
from the car wash (about 400 cars per month), sales of lubricants and miscellaneous shop sales.
Overall, the net revenue is in excess of €250000 and growing, while the profit before tax
is about €80000, after deducting €18.000 which is the owner/manager salary. Therefore,
for someone who manages the station personally, the total income before tax will be in the
region of €100000. Asking price The Asking Price of €350000 is set at about 3,5X earnings
before tax (3,5 X 100.000) and compares favorably to the pricing of petrol stations in Cyprus,
especially so since this station has good growth prospects. The price is negotiable to a certain
extent in the case of a cash sale. Included in the sale is the Heating Oil Delivery truck and Car Wash
facilities with all equipment. Fuel in the tanks on the day of transfer and merchandise in the shop to
be added to the agreed selling price, estimated at €45.000. Finally, the current owner/manager will
provide hand-over support and training for 6 months.

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Özellik:

✨ Fuel tanks
95-οctane petrol: 40 tons
98 οctane petrol: 20 tons
Automotive Diesel: 30 tons
Heating Diesel: 30 tons
Kerozene: 20 tons
✨Pumps
95 octane: 10
98 octane: 8
Automotive Diesel:11
Heating Diesel: 2
Kerozene: 1
***Heating oil delivery truck: 4,8 tons
***Property Information
***Real Estate: Lease
***Lease Terms: Lessor is ESSO, as long as there is no breach the lease is perpetual
***Leasehold Rent: €24,000 per annum
***Location: Nicosia suburbs. On major avenue on the front and busy service road on the back.
***Premises Details:
Full-specification ESSO station with two access points. Shop and Car Wash
***Planning Consent: All permits & licenses held.
✨Business Operation
Expansion Potential: The service road access in the back of the station services a large area which is developing rapidly.
Competition / Market: Stable competition, it is extremely difficult if not impossible
for a new petrol station to be established in this area
***Reasons for selling: Other business
***Trading hours: Statutory hours (closed on one weekday afternoon and on Sundays).
But self-service with Payment machine works 24/7
Employees: 4 F/T plus 2 P/T for weekends
Years established: 20