Listing ID : J.L.R. 71REQUEST DETAILS
Sold by Cyrus Brokers R13,500,000 - Petrol Station
Petrol Stations for Sale Highway Sites Business Summary
2 x Petrol Stations for Sale – Free State. Selling Price is R 13,5 million plus stock. The TOTAL funding requirement needed to acquire these two businesses is R 24,465 million of which you must have at least +- R 13,0 mil. CASH on HAND and be able to Raise Finance for the balance of +- R 11,465 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 Business Brokers and their associates will not respond or communicate further with you in respect of this listing unless you comply with or exceed the requirements as indicated above. These two Modern Service Stations have situated either side of the N3 Freeway and have DIRECT access to the sites from the freeway. The combined average Fuel Sales are +-750,000 lpm The Combined Shop Sales are +- R 1,2 mil. The average Net. Profit is +- R 430,000 pm . The Lease period is 8 years. The Selling Price for the combined Businesses is R 13.5 million which excludes stock @ cost of +- R 2,8 mil. and excludes working capital but INCLUDES Equipment of +- R 1.2 mil. which will be provided ON LOAN. The buyer will have to budget an additional R 5,0 million for 2 x franchise stores which are already included in the Total selling price of R 24,465 million.
Petrol Stations for Sale Highway Sites 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 and their associates are mandated with the sale of this opportunity. It is a specific condition by the Seller that the SELLER will NOT divulge any information pertaining to what is being sold under this listing prior to you 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, 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 details, information, documentation, financial or otherwise;
- On receipt of your Non-Disclosure Agreement and proof of funds, you may then visit the site on your own accord, but under NO circumstances you are authorized
- to directly or indirectly discuss the Sale with ANYBODY. If you want to pursue the Sale further, then we will arrange for you to meet the Seller.
Confidentiality Information and Viewing
The Seller reserves the RIGHT to maintain the confidentiality of the Sale of the business and does not want the competitors, employees, suppliers, customers, franchisor, and others to know that the business is for sale. It is therefore extremely important that this CONFIDENTIALITY aspect is adhered to at ALL times.
Petrol Stations for Sale Highway Sites Disclaimer
All information has been provided to us by the seller and will need to be re-verified by the purchaser. Cyrus Business & Property Broker and their associates make no representation to its accuracy, nor do we certify or make any warranties for the information provided. It is therefore strongly advised that you and/or your accountant review all information and conduct your due diligence of the Business before concluding any sale
Commission For Agent Broker Consultant Adviser Agency In South Africa
In accordance with Section 34 A of the Estate Agency Affairs Act 112 of 1976. Section 1(vi) provides that;
Anyone who practices as an agent-broker-consultant-adviser-agency in South Africa who is not in possession of a valid Fidelity Fund Certificate, disqualify from claiming any commission, consulting fee or referral fee on the relevant dealings if he/she/they do not hold a valid Fidelity Fund Certificate. No party is entitled to any commission, consulting fee or referral fee unless he/she/they hold a valid Fidelity Fund Certificate. Failing they are operating illegally.
The seller will have to properly account for SARS for any fees and provide SARS with proof that the agent-broker-consultant-adviser-agency they paid the commission, consulting fee or referral fee too, had a valid Fidelity Fund Certificate. Failure to do so could prove to be very costly!
If there is any doubt as to whether or not an agent-broker-consultant-adviser-agency has a valid fidelity fund certificate, do not hesitate to contact the Estate Agency Affairs Board or your Attorney to confirm and verify the registration status. https://www.eaab.org.za/