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Gas Station Assets for Rent in Shimoga, India

Petrol bunk in Sagar with an ability to generate INR 2 lakhs monthly, for rent.

Ownership Duration 10-20 year(s)
Industries Gas Stations
Locations  Shimoga
Local Time 1:01 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
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Monthly Rent
Asking Price: USD 580 (Native Currency: INR 50,000)
Reason: The owner is not able to manage operations and is hence looking to rent the space out.
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Assets Description
- Strategic location: The petrol bunk is strategically located in Sagar, Shimoga, and is set to benefit from increased traffic volume as the road will be upgraded to a National Highway next year.
- Investment requirement: An upfront refundable deposit of 20 lakhs is required for a 20 KL tanker, presenting a clear initial investment framework for potential investors.
- Rental agreement: The initial rental agreement would be established for a period of 3-years post which an extension would be possible.
- Spacious facility: The petrol bunk encompasses a substantial area of 16,800 square feet valued at about INR 7.6 crores.
- Revenue potential: The business has the potential to generate approximately 2 lakhs per month in revenue with minimal supervision, which could be doubled to 4 lakhs per month with dedicated management efforts.
- Operational capacity: The facility includes a total of 2 fuel units, each equipped with 4 dispensers, allowing for a comprehensive service offering with a total of 8 nozzles for dispensing diesel and petrol.
- Long-Term agreement: An existing operational agreement with the parent company ensures continuity and brand recognition for the next 20 years. An individual who rents the outlet will be able to continue operations under the existing license.
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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