Business For Sale in Pietermaritzburg Central

R3,800,000

Web Ref No CLA96

Sale of a Service Station Business J.L.R126

This long-established modern Service Station Business is situated on a Busy Road in central Pietermaritzburg. The present Fuel Sales are +- 150.000lpm and the Franchised Shop Sales are +- R 400 000.00pm. There is Car Wash facility on site which is included in the Selling Price. The average monthly Net Profit is +- R 97 000.00 pm. The Selling Price is R 3.8 million which includes Equipment worth +- R 2.4 million. The Lease period will be directly with the Oil Company. There is a vacant area on the property that can be leased out to a Tenant for an additional amount of +- R 10.000 pm (which is NOT included in the above present nett profit of the Business.) The Total Funding Requirement needed to acquire this Business is +- R 4.7 million of which you must have at least +- R 2.4 million CASH READILY AVAILABLE and be able to Raise Finance for the Balance of +- R 2.3 million. PLEASE NOTE THE FOLLOWING. NO details, information documentation or site location will be provided unless you MEET the above criteria as will be required by the Seller, the Oil Company as well as most Financial Institutions.