Listing ID:
Petrol Station for Sale - Property Included
MAJOR BRAND PETROL STATION & PROPERTY FOR SALE
East London, Eastern Cape
Rare opportunity to acquire an established major-brand petrol station together with the underlying property.
BUSINESS OVERVIEW
- Fuel volume: Approximately 305,560 litres per month
- Convenience store sales: Approximately R293,055 per month
- Electricity Cards / Airtime / Lotto: Approximately R158,579 per month
- Gas sales: Approximately R131,151 per month
- Lubricants & Spares: Approximately R78,967 per month
- Reported net profit: Approximately R249,818 per month
PROPERTY
- Registered Erf extent: Approximately 4,925 m²
- 5-bedroom house
- 2 family bathrooms
- Petrol station rental: R135,000 per month
- House rental: R6,500 per month
- Take-away rental: R1,000 per month
- Workshop rental: R4,000 per month
- Total rental income: R146,500 per month
PURCHASE PRICE
| Component | Asking Price |
| Business | R9,000,000 |
| Property | R14,700,000 |
| Business + Property | R23,700,000 |
| Stock | Approximately R2,000,000 |
| Total acquisition requirement | Approximately R25,700,000 |
Business + Property asking price: R23,700,000, excluding stock.
Based on the figures supplied by the Seller, the combined business and property investment represents an indicated return of approximately 20.08%. Purchasers must independently verify all financial and operational information during due diligence.
CASH BUYERS ONLY
The Seller has instructed that only purchasers with the demonstrated financial capacity to complete the transaction in cash will be considered.
Prospective purchasers must provide satisfactory proof of funds from a recognised financial institution, accountant, auditor or attorney confirming the availability of sufficient funds for the proposed acquisition.
No enquiry will be progressed unless the purchaser meets the Seller’s qualification requirements.
CONFIDENTIALITY & QUALIFICATION PROCESS
Due to the confidential nature of the sale, detailed information—including the business identity, exact location, financial statements and other commercially sensitive information—will only be released to qualified prospective purchasers.
Before confidential information is disclosed, prospective purchasers will be required to:
- Register as a prospective purchaser.
- Sign the Cyrus Business & Property Brokers Confidentiality and Non-Disclosure Agreement (NDA).
- Provide satisfactory proof of funds confirming the financial capacity to complete the acquisition.
Once these requirements have been reviewed and approved, Cyrus Business & Property Brokers will provide the relevant information and arrange a confidential meeting and/or viewing by appointment.
CONFIDENTIAL BUSINESS SALE
The Seller has instructed Cyrus Business & Property Brokers to maintain strict confidentiality throughout the sale process.
Accordingly:
- All enquiries will be handled in strict confidence.
- The business name and precise location may be withheld until the purchaser qualification process has been completed.
- Viewings are strictly by appointment.
- All business viewings and access to confidential information are arranged exclusively through Cyrus Business & Property Brokers.
- The confidentiality of the Seller, oil company, employees, customers, suppliers and other stakeholders must be protected.
We appreciate prospective purchasers’ cooperation in maintaining the confidentiality and integrity of the sale process.
DISCLAIMER
The information contained in this advertisement has been supplied by the Seller and is believed to be accurate. Cyrus Business & Property Brokers has not independently verified the information and makes no representation or warranty, express or implied, regarding its accuracy or completeness.
Prospective purchasers are required to conduct their own independent investigation and due diligence and should obtain appropriate legal, accounting, financial, property and technical advice before proceeding with any transaction.
All information is subject to change, correction, withdrawal or prior sale without notice.
