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R35,000,000

R35,000,000

Service Station For Sale in Drakensberg
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Freehold Service Station for Sale- Natal Midlands- Ref J.L.R. 137.

Web Ref. Ref J.L.R. 137.
Monthly Bond Repayment
R333,313.18
This modern, manager run Freehold Service Station is situated in a busy town in the Natal midlands within 80 klms of Pietermaritzburg. Fuel sales are +- 290.000lpm. The franchised shop sales are +- R 1.3 mil pm and the franchised restaurant /take-away sales are +- R 495.000 pm. The average Nett Profit is +- R 445.000 pm. The Selling Price for the land, buildings and businesses is R 35.0 mil excluding stock and working capital etc. The Supply agreement with the Oil Company is 1 x 10 years with the option to renew for a further 1 x 12 years. The TOTAL funding requirement needed to purchase this entire entity is +- R 38.0 million (land, buildings, businesses, stock etc.) of which you must have at least +- R 19.0 mil CASH readily available and be able to RAISE Finance for the balance of +- R 19.0 mil. Please note the following: -NO details, information, documentation, financials 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.

Features

Zoning
Mixed Use
Listing Info
Date Listed 21-05-25
Time Listed 12:25