R6,500,000

R6,500,000

Service Station For Sale in Phoenix Industrial
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Ref. J.L.R. 149. Sale of a Service Station Business from the Owner -Phoenix Residential area. NO. B.

Web Ref. J.L.R. 149
Monthly Bond Repayment
R59,458.05
This privately-owned, long-established Service Station Business is situated in the residential area of Phoenix. ( North of Durban ).

Present fuel sales are +- 110.000lpm and the Shop sales are +- R 1.1million pm. The present average monthly Nett Profit is +-R 205 000.00pm.

The Selling Price is R 6.5million plus stock etc. The Owner of the property will grant a 1 x 10-year Lease Period, with the option to negotiate a further 1 x 5-year lease period.

The TOTAL funding requirement needed to acquire this business is +- R 8.6 million of which you must have at least R 4.5 million CASH readily available and be able to Raise Finance for the balance of +- R 4.1 million.

The Seller would prefer a Buyer who has Previous Service Station/Retail Shop or General Dealer Experience.

PLEASE NOTE the following: - NO details, information, site location brand of fuel etc will be provided unless you meet the above specific requirements as will be required by the Seller, the Oil Company and most financial institutions.

Features

Zoning
Commercial
Listing Info
Date Listed 17-06-26
Time Listed 07:02

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