New Modern Service Station
Please be informed that we presently only cover K.Z.N AREA
Before responding to this advert please be informed that neither Acutts nor the seller will entertain, respond or communicate further with you unless you comply with or exceed the requirements as indicated hereunder.
Funding Requirements-The Selling Price is R 7.9 mil. The TOTAL funding requirement needed to acquire this business is +- R9.960 mil of which the purchaser MUST HAVE AT LEAST R 5.0 Mil un-encumbered CASH ON HAND to contribute towards the purchase of the business and be ABLE TO RAISE FINANCE for the BALANCE of + - R 4.960 mil.
This New Modern Service Station presently pumps +- 310.000lpm.The Franchised Shop T/O is +-R870.000pm. The Owner will grant you a Lease for 15 Years with 2 x 5 year Options to renew. The Business Nett +- R 190.000pm. The Selling Price is now R7.9 mil. The Total Funding Requirement needed to acquire Business is R9.960 mil. PLEASE NOTE You MUST have at least R5.0 mil CASH ON HAND and be able to RAISE FINANCE for the Balance of R4.960 60 mil. As required by the Oil Company, Banks and the Seller1. The Lease period 5 years, renewal at the Oil Companies discretion. 2. If you intend borrowing money from a Financial Institution, then you MUST FIRST provide us with Written Confirmation from the Financial Institution that they will approve your Loan Requirement IN FULL. 3. NO Details, information or correspondence will be entertained or responded to by us or the Seller unless YOU MEET the above Financial Criteria, which the Oil Company may also insist on compliance..
Should you require further information on this listing kindly complete our Confidentiality Agreement. (PLEASE NOTE: As per our "Confidentiality clause we may not release exact location or floor/ land size, herewith a generic map & floor size on this listing)
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