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R10,800,000

1m² Service Station For Sale in Umlazi

This long established modern well branded Service Station business is situated on a main road, in a township, South of Durban and approximately 20 klms from Durban. It Pumps +- 425.000 lpm and the Non Franchised Shop turnover is +-R 550.000pm. The Lease period is 7 years, with the option to negotiate a renewal period of a further +- 9 years with the Owner. The Business Netts +- R 265.000pm, the Selling Price is R 10.8 million and the TOTAL FUNDING REQUIREMENT NEEDED TO ACQUIRE THIS BUSINESS IS +- R 12.550 mil of which you MUST HAVE at least +- R 7.0 mil CASH READILY AVAILABLE and be able to RAISE FINANCE for the BALANCE of +- R 5.550 mil.
PLEASE NOTE: No details, information or documentation will be provided unless you MEET this Financial Requirements as required by the Seller, the Oil Company as well as most Financial Institutions.

Features

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Zoning:
Retail
Exterior
Security
No
Sizes
Floor Size
1m²
 
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