Sale of a Freehold Service Station for Sale for R 25.0 million. Ref J.L.R. 144.
This long established Freehold Service is situated in Empangeni and presently pumps +- 205.000 lpm. It has a large vacant display area on the property that can be leased out for +- R 120 000.00 pm. The Present Nett profit from the Service Station only is +- R 255 000.00 pm. The Combined Nett Profit could be +- R 375 000.00 pm with the Rental from the vacant display area. The Selling Price is R 25.0 million plus stock etc. The Total Funding requirement needed to acquire this entire property and Service Station is+- R 27 250.000.00 of which you must have at least +- R 13 800 000.00 CASH readily available and be able to Raise Finance for the balance of +- R 13 450 000.00. Please note the following: - NO details, Information documentation or site location will be provided unless to meet the above requirements as will be required by the Oil company and most financial institutions.