Service Station For Sale in Verulam Central

R11,000,000

Web Ref No CLA93

Sale of a Service Station Business - No BEE Requirement J.L.R140a

This privately owned modern Service Station Business is situated in a developed business/residential area 20klms north of Durban. Fuel Sales are +- 150.000lpm and the Non-Franchised Shop Sales are +- R 1.120 mil pm. There is a Car Wash facility that is included in the Sale that does Sales of +- R 60.000pm. The Total NETT Profit per month is +- 240.000 pm. The Owner is willing to grant a 10-year Lease period. The Selling Price is R 11.0 million plus stock. The Owner is selling to concentrate more on his other adjoining businesses. The TOTAL Funding requirement needed to acquire this Business is +-R 13.830mil of which you MUST have at Lease +- R 7.0 mil CASH readily available and be able to RAISE FINANCE for the balance of +-R 6.8mil as will be required by the Seller and most Financial Institutions. PLEASE NOTE THE FOLLOWING: - NO details, information, documentation, or site location will be provided unless you meet the above requirements.