R12,360,000
J.L.R 141/B - Sale of a Service Station Business! No BBBEE Requirement
This privately owned modern Service Station Business is situated on a busy road approximately 10 klms from the city centre (Durban North area). The Site pumps +- 2300000 Ipm and the Franchised Shop Sales are +- R 100 mil pm. The average monthly Nett Profit is +- R365,000 pnm The SELLING Price is R 10.5 mil plus stock etc. The Owner is willing to grant a Lease period of 1 x 10 years with an option of renewal for a further 1 x 5 years. The TOTAL Funding Requirement needed to acquire this Business is +- R I2,360,000.00 of which you MUST have at least R 662 million CASH readily available and be able to Raise Finance for the Balance of +- R 6.160 mil as will be required by the Seller, the Oil Company as well as and most Financial Institutions.
PLEASE NOTE THE FOLLOWING :- NO details, information, documentation, or site location will be provided unless you meet the above requirements.
Features
Exterior
Durban North, Durban North
Get Email Alerts
Sign-up and receive Property Email Alerts of Service Stations for sale in Durban North, Durban North.
Disclaimer: While every effort will be made to ensure that the information contained within the Acutts Estate Agents website is accurate and up to date, Acutts Estate Agents makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.