Service Station for sale- J.L.R 120

R 30,000,000

2 years ago1159 views
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General Details
For Sale By:Agency
Dwelling Type:Other
This modern Privately-Owned well run Service Station Business is situated on the upper South Coast area of Kwa Zulu Natal between Durban and Kingsburgh. The Lease period directly with the Owner is 1 x 10 years, with you having the Option to renew the Lease for a further 1 x 5year period.
The current average monthly (Post Covid) Fuel Sales are +- 273.000 litres per month and the Franchised Shop Sales are +- R 1 150.000.00per month. The current Nett Profit is +- R 342 000.00 per month. The Selling Price is R 30.0 million and the Total Funding Requirement needed to acquire this Business is +- R 32 865 000.00 of which you MUST HAVE at least +- R 16 500 000.00 CASH READILY AVAILABLE and be able to RAISE FINANCE for the Balance of +- R 16 350 000.00. The Freehold Property is also for Sale for R 60.0 million.

Please note the following. :- NO DETAILS, INFORMATION, DOCUMENTATION or SITE LOCATION WILL BE PROVIDED UNLESS YOU MEET THIS FINANCIAL REQUIREMENT FOR THE BUSINESS as may be required by the Seller, the Oil Company as well as most Financial Institutions.

Property Reference #: JLR120

Agent Details:
John Randall
Office 202
Second Floor
Building 1
34 Essex Terrace

Id Subtitle 974019084
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Selling for 3+ years
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