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Branded Filling Station with Property

R 13,500,000

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8 months ago442 views

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Location:

Port Elizabeth, Eastern Cape

Description

Branded Filling station for sale.Site been recently revamped and the sales increasing every month.

Id Subtitle 1229227270

henry wright

Selling for 9+ years

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Active Ads11

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C a l t e x Service Station owner in Port Elizabeth is urgently looking for an investor

R 1,100,000

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C a l t e x Service Station owner in Port Elizabeth is urgently looking for an investor, for an amount of R 1’100’000-00.Terms and conditions:1) The Investor or the Investor’s attorney’s can provide a legal document, the (“Investor Security Agreement”), that will provide rock solid guarantees to the Investor and enable the Investor to receive 25 % share holding immediately after the investment amount of R 1’100’000-00 was transferred into the service station owners bank account and guarantees to transfer and obtain of full ownership (100%) of the C a l t ex Service Station, unconditionally and irrevocably , if there is breach of contract if the investor does not receive 12 interest payments of the minimum guaranteed amount of R 25 000-00 per month or full payback for the investment amount of R 1’100’000-00, after the 12 month period expired ( the first day of the 12 month period will commence on the day when the investment amount of R’1’100’000-00 was transferred into the service station owners bank account ). 2) The investor will receive more than the guaranteed R 25’ 000-00 per month interest payback, each and every month during the 12 months payback period and whenever the service station monthly operating profit (E B I TD A) exceeds R 100’000-00 per month, during the 12 months interest payback period,25 % of the latter amount will be paid to the Investor as follows: e.g. if the monthly operating profit (E B I T D A) is R 120’000-00 for a month , the Investor will receive R 120’000-00 * 25 % {shareholding} = R 30’000-00 for that specific month, as opposed to the minimum guaranteed interest payback amount of R 25’000-00 per month.3) The INVESTOR will obtain 100% complete ownership of the C a l t e x Service Station, according to the terms and conditions in the “Investor Security Agreement” legal document, if there is breach of contract from the Service Station Owner. The Investors capital investment will always be in a bank account or be invested in stock (petrol and diesel purchases).The Investor minimum amount of R 25’000-00 will be due and payable to the investor on the 10th day of every month during the initial 12 month contract. The investor will receive an above market related R O I of 27.27 % on his investment. The C a l t ex Service Station owner will be able to provide meaningful additional information to an Investor, during a meeting. Should you have any questions, don't hesitate to contact me for further assistance.Should you have any questions, don't hesitate to contact me for further assistance.RegardsG e r t S t r y d o mIBM Business Brokers / Port Properties: i b m b r o k e r s@gmail.com072 179 4372

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