Modern, Branded Service Station with C-Store##This is a modern, branded service station business in the heart of a busy, well-known industrial area on the North Coast of KZN.####The owners, a development company are a national investment, property group that believes in building both start-ups and existing companies into productive, stable and sustainable businesses that can contribute to the South African economy and society.## ##Situated on a 9000m2 site, the property is also host to a C-Store, 2 x ATM's and 2 x tenants, one of which is a National Fast food restaurant.####Business commenced: July 2012 (brand new site)##Operating lease: Oil company has a lease on the land until 2027##Average monthly literage: 300,000 litres##Average monthly shop sales: R800,000pm##Average annual turnover: R60,000,000.00##Average monthly net profit: R110,000pm####The concern is currently manager-operated but with good potential for an owner to run it themselves.####Price: R7,875,000.00####A total investment of approx. R10,000,000.00 would be required to afford stock + debtors.####Stock @ Cost: R500 000.00 to R750 000.00## ##Kindly note; 50-60% unencumbered (own funds) is required by the oil companies, with the ability to raise finance for the balance, in order to approve deals.####A mandatory CA must be completed prior to the disclosure of any financials or particulars pertaining to the business, as well as proof of funds for the aforementioned amount.####A discreet visit will be arranged after a potential buyer has met with the listing broker and/or the sellers.
