R 6 500 000 | business property for sale in phoenix industrial

This privately-owned, long-established Service Station Business is situated in the residential area of Phoenix. ( North of Durban ). Present fuel sales are - 110.000lpm and the Shop sales are - R 1.1million pm. The present average monthly Nett Profit is -R 205 000.00pm. The Selling Price is R 6.5million plus stock etc. The Owner of the property will grant a 1 x 10-year Lease Period, with the option to negotiate a further 1 x 5-year lease period. The TOTAL funding requirement needed to acquire this business is - R 8.6 million of which you must have at least R 4.5 million CASH readily available and be able to Raise Finance for the balance of - R 4.1 million. The Seller would prefer a Buyer who has Previous Service Station/Retail Shop or General Dealer Experience. PLEASE NOTE the following: - NO details, information, site location brand of fuel etc will be provided unless you meet the above specific requirements as will be required by the Seller, the Oil Company and most financial institutions.