Ref J.L.R 141/B. Sale of a Service Station Business. No. B. E. E. Requirement
This privately owned modern Service Station Business is situated in a residential area North of Durban. (Phoenix / Verulam) The Site pumps +- 130.000 lpm and the Franchised Shop Sales are +- R 850.000 pm. The average monthly Nett Profit is +- R198.000 pm. The SELLING Price is R 7.5mil plus stock etc. The Owner is willing to grant a Lease period of 2 x 5-year periods. The Selling Price for the Business is R 7.5million plus stock etc. The TOTAL Funding Requirement needed to acquire this Business is +- R9.410 mil of which you MUST have at least R 4.800 million CASH readily available and be able to Raise Finance for the Balance of +- R 4.610 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.
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