Service Station & Property available at R 12 600 000-00

Service Station & Property available at R 12’ 600 000-00, ± 220 kilometers from Port Elizabeth.

The Service Station < > R 2 ‘100 000-00 & Property < > R 10’500’000-00 in the Eastern Cape is situated between two country towns and about three hour’s drive from Port Elizabeth and is available @ R 12’600’000-00 (excluding wet and dry stock) Actual discretionary cash flow or operating profit / EBPIDT, {Earnings before Proprietors Income, (wages or drawings), Interest, Depreciation and Taxes} ± R 46 000-00 per month or R 550’000-00 per annum.

The SELLER fuel supply agreement expires within the next 24 months with a major oil company, where after the new owner can install his own underground fuel tanks and enter into a FUEL SUPPLY agreement with any BULK WHOLESALE Fuel Supplier and increase his GROSS PROFIT MARGIN and R A S benefits drastically on the fuel and diesel liters

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The projected Fuel and Diesel liter Sales should increase to ± 450’000-00 pm (with increased gross profit margins per liter) and the Convenience store / OK Mini mark / fast food take a way / ATM / lubrication / air time / p r e-paid electricity / firewood and ice sales, should average between R 8’000’000-00 to R 1’000’000-00 pm.

The Seller (who also owns other service stations) will explain that there is ample growth potential if the new owner is prepared to invest additional capital on the property, which will provide the new owner with an additional ± 35% R O I (return on investment)

Huge future growth potential will be available to the new service station owner because you own the PROPERTY and there will be zero interference from any third parties, which is of paramount importance with the RISK versus REWARD concept because to risk is to dare and to take a decision where the outcome is uncertain, unpredictable, and uncontrollable, if you lease the property from a third party or buy a property, with the intention to open and operate a service station eventually, which may never happen after spending a considerable amount of money and effort.

The RETAIL License and SITE License application at the D M R E, will only be a formality for the new owner..

The management accounts / information will be available on request to Purchasers with adequate unencumbered investment funding options available to cover the above mentioned selling price and subject to the Seller’s terms and conditions.

Contact: G e r t S t r y d o m

i b m b r o k e r s@gmail.com