Service Station For Sale in Durban North

R12,360,000

Web Ref No CLA107

J.L.R 141/B - Sale of a Service Station Business! No BBBEE Requirement

This privately owned modern Service Station Business is situated on a busy road approximately 10 klms from the city centre (Durban North area). The Site pumps +- 2300000 Ipm and the Franchised Shop Sales are +- R 100 mil pm. The average monthly Nett Profit is +- R365,000 pnm The SELLING Price is R 10.5 mil plus stock etc. The Owner is willing to grant a Lease period of 1 x 10 years with an option of renewal for a further 1 x 5 years. The TOTAL Funding Requirement needed to acquire this Business is +- R I2,360,000.00 of which you MUST have at least R 662 million CASH readily available and be able to Raise Finance for the Balance of +- R 6.160 mil as will be required by the Seller, the Oil Company as well as and most Financial Institutions.

PLEASE NOTE THE FOLLOWING :- NO details, information, documentation, or site location will be provided unless you meet the above requirements.