Service Station for sale- J.L.R 120

R 30,000,000

2 years ago1184 views
Ad Saved to My List
View and manage your saved ads in your account.
Report Ad
General Details
For Sale By:Agency
Dwelling Type:Other
Description
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
Acutts
Office 202
Second Floor
Building 1
34 Essex Terrace
Westville

Id Subtitle 974019084
View More
Acutts
Selling for 3+ years
Total Ads5
Active Ads5
Professional Seller
Seller stats
5Total Ads
8.96KTotal Views
Contact Acutts
083*******Show Number
Message
(4011)
Name
(Optional)
Email Address
(Optional)
Phone
(Required)
Send Message
By clicking "Send" you accept the Terms of Use and Privacy Notice and agree to receive newsletters and promo offers from us.