Listing ID : J.L.R. 60REQUEST MORE INFO
For Sale R6,500,000 - Petrol Station
Petrol Station with C/Store for sale – Durban North. The TOTAL funding needed to acquire this Business is R 8,9 million of which you must have at least +- R 6,0 mil. CASH on HAND and be able to Raise Finance for the balance of +- R 2,9 mil. 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. This Site is situated on a very busy road. The Average Monthly sales over the last 3 years have been +-190.000 lpm and +- R 600.000 t/o in the Franchised Shop.The Net Profit has been +- R 162.000 pm. However, due to an underground Fuel Leak, the Site was recently partially closed for a number of months whilst Tanks and fuel lines were been replaced.During this period the average Fuel Sales dropped to +- 160.000 lpm. and the Shop Sales dropped to +- R 500.000 resulting in the Sites Net Profit also dropping to its current average monthly Net Profit amount of +- R 100.000 pm. However, the site is now fully operational again and the Seller is expecting the Sales to return back to the previous Sales experienced BEFORE the Disruptions and to further increase further. The Selling Price is R 6.5 mil. The Seller is confident that by the Time a Buyer takes over the Business it will be achieving its previous Sales results(BEFORE the disruptions).
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;
1. 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;
2. 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, agree to 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;
3. 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.