Listing ID : MP211REQUEST DETAILS
Sold by Cyrus Brokers R18,500,000 - Excl Property
PETROL STATION FOR SALE – WHITE SITE – LOWVELD
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. SOLD by Cyrus Brokers. Huge Pumper. No BEE Requirements, open to all races. WHITE SITE – Lowveld Area Mpumalanga. EXCLUDING PROPERTY. Supply agreement with major oil company expire next month. You can brand the site to any oil company or own brand. Does approximately 413,592 liters of fuel per month. C/Store does approximately R 348,710 per month @ 26,21% margin. Fast foods does approximately R 132,824 per month @ 23% margin. Car wash does approximately R 18,073 per month @ 79,71% margin. Gas does approximately R 18,073 per month @ 30,80% margin. Lubes does approximately R 11, 583 per month @ 42,79% margin. Station is open 24 hours per day, 7 days per week. This station is in a great residential area with high traffic flow and have a loyal customer base. Lease 10 years. Rent is R 132,871 per month. Net profit R 541,480 per month. Price R 18,5 mil excluding stock at cost R 1,5 mil. The TOTAL Funding needed to acquire this Business is R 20,0 million CASH. A candidate will show and provide proof of the necessary cash funds to pay the monies associated with this transaction. The Seller 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 purchaser. 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.