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R10,300,000

Modern Site on Busy Road-Durban North Area. Min 51% B.E.E. REQUIREMENT

This modern Service Station Business is situated on a very busy road in the Durban North area. The average monthly Fuel Sales are +- 300.000 lpm. The Franchised Shop Sales are +- R 600.000 pm. The Nett Profit is +- R 300.000 per month. The Selling Price is R10.3 million. The TOTAL Funding Requirement needed to acquire the Business is +- R13.0 million of which you MUST HAVE at least +- R8.0 million CASH READILY AVAILABLE and be able to RAISE FINANCE for the BALANCE of +- R5.0 million. A minimum of 51% B.E.E. participation is required. Previous Service Station experience as well as Retail Shop experience will be an added advantage. PLEASE NOTE:- NO DETAILS INFORMATION OR DOCUMENTATION WILL BE PROVIDED UNLESS YOU MEET THE FINANCIAL CRITERIA AS REQUIRED BY THE SELLER, THE OIL COMPANY AS WELL AS MOST FINANCIAL INSTITUTIONS.

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0
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
1m²

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Confidentiality Agreement408.9 KB

Durban North, Durban North

Small sophisticated suburb Durban North is an established small suburb where the people are friendly, and the surroundings are beautiful. It is a family-oriented area with many activities available. Situated between Durban central and Umhlanga, all amenities and schools are located only minutes away. The area boasts spectacular sea and city views. Although it is centrally and conveniently located, living in...
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