Listing ID : J.L.R. 110REQUEST DETAILS
Petrol Station for Sale R46,000,000 - Property Incl
Petrol Station for Sale KZN
BEFORE RESPONDING TO THIS ADVERT PLEASE BE INFORMED THAT NEITHER CYRUS NOR THE SELLER WILL ENTERTAIN, RESPOND or COMMUNICATE FURTHER WITH YOU IN RESPECT TO THIS ADVERT UNLESS YOU COMPLY WITH or EXCEED THE REQUIREMENTS AS INDICATED HEREUNDER. This modern well run Freehold Service Station (which includes the Land, Buildings and the Business – “The Entity “), is situated in a country town in Northern Kwa Zulu Natal. The Site pumps +- 440.000 litres per month and the turnover of the NON Franchised Shop is +- R 2.7 million pm. The Entity nets +- R 560.000 per month. All the Pumps, Tanks and Shop equipment etc. are owned by the Seller and is valued at +- R 2.7 million, which amount is included in the SELLING PRICE of R 46.0 million. The Seller presently has a Supply Agreement with his Oil Company ( 1 x 3 years left plus an option to renew for a further 1 x 5 years ).The Total Funding Requirement needed to acquire this Entity is +- R 48.6 million made up of R 46.0 million for the Entity, +- R 1.2million for Stock and +- R1.4 million for Working Capital, of which you MUST have at least +- R 25.0 million CASH readily available and be able to Raise Finance for the balance of +- R 23.6 million. PLEASE NOTE, on instructions from the Owner, NO DETAILS, INFORMATION, DOCUMENTATION or SITE LOCATION is to be furnished unless you meet the above financial criteria.
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 fuel station for sale 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.