Service Station Business

Gauteng

R 10 800 000

Financial Information






Detailed financials available on request


This long established modern Service Station Business is situated on a main road, in a Township 20 km's south of Durban.

This long established modern Service Station Business is situated on a main road, in a Township 20 klms south of Durban. It pumps +- 425.000 lpm and the Non Franchised Shop turnover is +- R 550.000 pm. The lease period is 7 years, with the option to negotiate a renewal period of a further 9 x years with the Owner of the property. The Property is NOT for Sale. The Business netts +- R 265.000 per month and the SELLING PRICE is R 10.8 million. The TOTAL FUNDING REQUIREMENT NEEDED TO ACQUIRE THIS BUSINESS IS R 12.550 mil of which YOU MUST HAVE at least +- R 7.0 Mil CASH READILY AVAILABLE and be able to RAISE FINANCE for the BALANCE OF +- R 5.550 mil. PLEASE NOTE THE FOLLOWING :- NO Details, Information or Documentation will be provided unless you MEET this Financial Criteria, as required by the Seller, the Oil Company as well as most Financial Institutions. NO B.E.E. Requirement.

John Randall
owner

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