Listing ID : J.L.R. 116REQUEST DETAILS
Petrol Station for Sale R6,500,000 - Excl Property
Service Station for Sale- Central Durban. ONLY B .E .E . Candidates considered. Selling Price R 6.5 million plus stock.
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. Please note the following :- Only B.E.E. ( Black Economic Empowerment ) applicants who will own a minimum of 51 % share of the Business will be considered for this Franchised Service Station. (as required by the Oil Company ). This modern Service Station is situated in central Durban. The average fuel sales are +- 175.000lpm and the Franchised Shop Sales are +- R 570.000 pm. It has a busy Car Wash facility and other incomes of +- R 30.000 pm are received from Parking etc. The Lease period is for 5 years directly with the Oil Company with the option to negotiate a renewal period. The present Nett Profit of the Business is +- R 173.000 pm. The Selling Price is R 6.5 million. The TOTAL FUNDING REQUIREMENT NEEDED TO ACQUIRE THIS BUSINESS IS +- R8 270 .000 of which YOU MUST HAVE AT LEAST +- R 4 270.000 CASH READILY AVAILABLE and be able RAISE FINANCE for the BALANCE of +- R 4 000.000. Preference will be given to suitable candidates with sound knowledge based on proven financial and business principles and will be required to be considered for this opportunity. Coupled to this, 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 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.