1m² Service Station For Sale in Berea

R16,000,000

Web Ref No JLR 88

Sale of Service Station Business in Berea Minimum of 51% B.E.E

This modern "Flag Ship Site" is situated in a residential area and within a radiation of 5 klms of the City Center of Durban. Fuel Sales are +- 560 000 lpm and the Franchised Shop Sales are +- R2.1 million per month. The Nett Profit is +- R 500 000 per month. The Lease period directly with the Oil Company is 5 years. The Selling price is R16.0 million and the Total Funding Requirement needed to acquire this Business is +- R18.3 million of which you MUST HAVE AT LEAST +- R9.3 million CASH READILY AVAILABLE ON HANDE and be able to RAISE FINANCE FOR THE balance of +- R9.0 MILLION. The Property is NOT for Sale. Please Note the following:- NO DETAILS, INFORMATION, SITE LOCATION or DOCUMENTATION WILL BE PROVIDED unless you MEET the above Financial Criteria AS REQUIRED BY THE SELLER. THE OIL COMPANY AND MOST FINANCIAL INSTITUTIONS

Features

Zoning Commercial
Floor Size 1m²

Broker Contact Details

John Randall
Acutts Service Stations

Cell 0837774050
Office (031) 266 0555

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