Service Station Business for Sale ( Ref J.L.R 73 ) Isipingo / Illovo area.Price R 2.4 mil plus Stock
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This Service Station Business is situated on the upper South Coast area between Illovo and Isipingo. Fuel Sale are +- 100.000 lpm. and the Franchised Shop Sales are +- R 400.000pm. The Business Netts +- R 78.000 per month. The Lease period with the Owner is 7 x years with any renewal period to be negotiated. The Property is NOT for Sale.The Business is Manager Run and neglected. Huge potential for a "Hands On Operator "to double Sales.The Canopy is in the process of being replaced.The Selling Price has been drastically reduced to R 2.4 mil plus stock for an urgent Sale.The TOTAL Funding Requirement needed to acquire this Business is +- R 3.6 mil.of which you MUST have at least +_ R 2.0 mil CASH READILY AVAILABLE, and be able to RAISE FINANCE for the BALANCE of +- R 1-6 mil. Please note the following :- NO DETAILS INFORMATION,DOCUMENTATION or SITE LOCATION WILL BE PROVIDED UNLES YOU MEET THE ABOVE FINANCIAL CRITERIA< AS REQUIRED Y THE SELLER< THE OIL COMPANY AS WELL AS MOST FINANCIAL INSTITUTIONS.
Id Subtitle 423353293