Listing ID : GP223REQUEST DETAILS
Petrol Station for Sale R7,700,000 - Excl Property
Petrol Station for Sale Gauteng
BEFORE RESPONDING TO THIS ADVERT PLEASE BE INFORMED THAT NEITHER CYRUS NOR THE OIL COMPANY WILL ENTERTAIN, RESPOND or COMMUNICATE FURTHER WITH YOU IN RESPECT TO THIS ADVERT UNLESS YOU COMPLY WITH or EXCEED THE REQUIREMENTS AS INDICATED HERE UNDER. Under Offer, Gauteng. Excluding Property. NO BEE REQUIREMENTS, open to all races. Brand new state of the art Total Petrol Station been developed includes OK Express, Turnkey Operation. Opening May 2020. The projected fuel sales for this site is +/- 300,000 – 400,000 liters per month with a projected +/- R 500,000 – R 600,000 per month in the OK Express. The margin is as follows; R2,05 per liter, Operator receive R1,43 per liter, Landlord receive R0,62 per liter, Base rent per month R155,000 to operate the site and OK Express, Above 250,000 liters per month still R0.62 per liter. This station is on a major road with high traffic flow. Great opportunity to own your own big pumper petrol station on a very busy road. The landlord is looking for an ambitious operator. Lease 5 years with option for 5 years. Price is as follows, right to trade, R 7.7 mil plus stock R 1,5 mil. The total funding requirement needed to acquire this business is R 9,2 million CASH. A suitable candidate will show and provide proof of the necessary cash funds associated with this transaction. Such proof shall be given in writing by your financial institution, lawyer and or auditor for the attention of the broker and landlord to this transaction. These requirements will form the basis of moving any agreement that may be forthcoming forward and may there be further requirements laid down prior to an interview being granted. There is no BEE requirement, however the purchaser has to be approved by the oil company. The landlord has insisted that only CASH BUYERS will be considered. PLEASE NOTE :- NO INQUIRY will be entertained UNLESS you MEET the above Criteria. Due to the popularity of this listing, the overwhelming responses and daily avalanche of emails and voice messages thereto, you will be required to complete our Non Disclosure Agreement and to provide us with “proof of cash” from your bank or financial institution for you to be privy to any information financial or otherwise.
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.
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.