B.E.E Applicants Preferred. Service Station Business.Port Shepstone area with Rental Incomes
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 R5.5 mil. The TOTAL funding requirement needed to acquire this business is +- R6.430 mil of which the purchaser MUST HAVE AT LEAST R 4.0 Mil un-encumbered CASH ON HAND to contribute towards the purchase of the business and be ABLE TO RAISE FINANCE for the BALANCE of + - R2.430 mil.
This Service Station Business is back on the market again due to a previous collapsed Sale. It is situated on the Lower South Coast and pumps +- 215.000 lpm. The Shop Turnover is +- R 500.000 pm. and it Netts +- R 160.000pm. The Selling Price is R 5.5 mil and the TOTAL Funding requirement needed to acquire this Business is +- R 6.4 mil. Of which you must have AT LEAST R4.0 mil CASH on HAND and be able to RAISE FINANCE for the Balance of +- R 2.4 Mil. PLEASE NOTE that NO Enquiry will be entertained by US or the SELLER unless you FULLY meet this requirement. You MUST also be prepared to relocate to live near to the Service Station. Oil Company would prefer a B.E.E. (Black) Applicant who will OWN 51 % or more of the Business.
Please note: As per our Confidentiality Clause we may not release exact location or floor/land size, hence generic map & floor/land size on this listing. Should you require any further information kindly complete our Confidentiality Agreement.
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