Ref J.L.R. 140 / B – Sale of a Service Station Business.
No. B. E. E. Requirement. This privately owned modern Service Station Business is situated in a residential area North of Durban. (Phoenix /Verulam) The Site pumps +- 150.000 lpm and the Franchised Shop Sales are +- R 550.000 pm. The average monthly Nett Profit is +- R224.000 pm. The SELLING Price is R 9.0mil plus stock etc. The Owner is willing to grant a Lease period of 2 x 5-year periods. The Selling Price for the Business is R 9.0 million plus stock etc. The TOTAL Funding Requirement needed to acquire this Business is +- R10.910 mil of which you MUST have at least R 5.500 million CASH readily available and be able to Raise Finance for the Balance of +- R 5.410 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.