1m² Service Station For Sale in Highway Area
SERVICE STATION BUSINESS (REF J.L.R.78)
HIGHWAY AREA ON A MAJOR ROAD - OWNER RETIRING
This long established service Station is situated on a very busy road, However, due to major Road works over the last 2 years, the Fuel Sales dropped from the average of +- 220.000 lpm to it's current monthly average of +- 145.000 lpm. The Road is now open and the Fuel Sales for last month immediately increased to +- 170,000 and are expected to return the 250,000 lpm within the next 6 to 9 months. The un-franchised Shop Sales are +- R90.000 pm. However, it's a SPECIFIC CONDITION, that who ever purchase the Business MUST install a FRANCHISED SHOP at a Cost of +- R 1.2 mil. The present Nett profit is +- R 78.000 pm with additional rentals from, 2 x tenants. The selling Price is R 4.6 million and the TOTAL REFUNDING REQUIREMENT needed to acquire this Business and install the Franchised shop is +- R 6.3 million of which you MUST HAVE AT LEAST R 3.8 million CASH ON HAND and be able to RAISE FINANCE FOR THE BALANCE of +- 2.5 million . PLEASE NOTE:- no Details, Information or Documentation will be provided unless you MEET this Criteria as required by the Oil Company. The seller and MOST Financial Institutions.
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