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Freehold Service Station for Sale. ( Land, Buildings and Business ) Natal Midlands Ref J.L.R 137.
R 38,500,000
Can I afford this?Reason for Reporting
This modern well run, popular branded MANAGER run Freehold Service Station is situated in a busy town in the Natal Midlands of K.Z.N. Fuel Sales are +- 300.000lpm. The Franchised Shop Sales are +- R 1.2 mil pm and the Franchised Restaurant /Takeaway Sales are +- R 480.000pm. The average Nett Profit is +- R 440.000pm. The Selling Price for the Land, Buildings, and Businesses is R 38.5 mil. excluding stock and working capital, etc. The supply agreement with the Oil Company is for 10 years with a further option period to renew for 12 years. The TOTAL Funding requirement needed to acquire this entire entity ( Land, Buildings, Business, Stock, and Working Capital, etc ) is +- R 40.0 mil of which you will need to have at least R 20.0 mil CASH readily available and be able to RAISE Finance for the balance of +- R 20.0 mil. Please note the following:- NO Details, Information, Documentation, or Site Location will be provided unless you MEET the above criteria as will be required by the Seller, Oil Company as well as most Financial Institutions.
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