SOLD by Cyrus Business Brokers

Listing ID: GP180

Midrand

Sold by Cyrus Brokers R22,500,000 - Petrol Station

GP180Net Profit p/m R626,726Excl Stock R1,350,000Print

Business Summary

SOLD by Cyrus Business Brokers – Petrol Station with C/Store & Bakery Sold – Midrand. The TOTAL funding needed to acquire this Business is R 23,85 million of which you must have at least +-R 11,925 mil. CASH on HAND and be able to Raise Finance for the balance of +- R 11.925 mil. Preference would be given to B.E.E. applicants, Service Station Experience and/or General Dealer Shop Experience will be an added advantage. Before responding to this listing please be informed that Cyrus will not respond or communicate further with you in respect to this listing unless you comply with or exceed the requirements as indicated above. Does approximately 789,347 liters of fuel per month. C/Store does approximately R 559,432 per month at a 31% margin. The bakery does approximately R 45,027 per month at a 43% margin. Prepaid electricity does approximately R 27,017 per month at a 2% margin. Cell Phone / Telkom cards does approximately R 180,382 per month @ 3,55% margin. Lubes does approximately R 29,671 per month at a 36,86% margin. Gas does approximately R 28,687 per month at a 19,01% margin. The station is open 24 hours per day, 7 days per week. This station is in a great residential area with high traffic flow and has a loyal customer base. Lease 5 year with an option for another 5 years. Rent is R 67,458 per month. Net profit R 626,726 per month. Price R 22,5 mil excluding stock @ cost R 1,350,000.

Interested in this Business

NO information financial or otherwise on any of our listings will be made available to prospective buyers unless they fully comply with the following;

Cyrus Business & Property Brokers mandated with the sale of this opportunity was specifically requested by the Seller not to divulge any information pertaining to what is being sold under this listing prior to obtaining proof of funds from your financial institution (bank), auditor or lawyer;
Due to the popularity of this listing, the overwhelming responses and daily avalanche of emails and voice messages thereto, you will be required to register as a buyer, complete our Non Disclosure Agreement and provide us with “proof of funds” from your bank or financial institution for you to be privy to any information financial or otherwise;
Upon receipt of your Non-Disclosure Agreement and proof of funds, you must be prepared to visit us, we want to meet you in person, where after all information will be conveyed without delay.

Confidentiality Information and Viewing

The Seller/Owner desires to maintain the confidentiality of information financial or otherwise of their business and does not want their competitors, employees, suppliers, customers, and others to know they are selling their business. It is thus extremely important that the business is protected from this at all times and can only be viewed by appointment through Cyrus Business & Property Brokers.

Disclaimer

All information has been provided by the seller and needs to be re-verified by the seller. Cyrus Business & Property Broker makes no representation to its accuracy and does not certify or make any warranties of any of the information provided and have not verified any information. It is strongly advised that you and/or your accountant review all information and do your due diligence before the closing. Information is subject to change without notice.