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Johannesburg - South Africa, Gauteng
R 6 500 000
Average Volumes (Litreage):170,000 litres per month
Average Store Turnover:R 390 000
Return on Investment:32%
Average Net Profit:R 180 000
This Service Station is located on a busy intersection in the South of Gauteng, pumping on average 170,000 litres of fuel per month with a fast-food franchise turnover on average of R370,000 per month. A growing unfranchised kiosk with a turnover of R60,000 excluding airtime sales. The site attracts a very high fuel margin due to it being under independent ownership and thus making it profitable. The selling price for the business is R6,5m excluding stock. The site includes substantial dealer owned assets which is included in the asking price and a full asset list to be provided upon application.
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Kindly note that all information is strictly confidential and information will only be made available to those who meet the PetroCONNECT buyer criteria, which includes documentation for pre-qualification.
Any interested buyers will be required to provide the following documentation on submission of enquiry:
1) Complete and Sign a Non-Disclosure Agreement;
2) Complete an Information Form providing details about the prospective purchaser; and
3) Provide an acceptable “proof of funds letter” issued by the purchaser’s financial institution confirming that unencumbered funds to purchase the business are in place.
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