Well Established Brand Name Petrol Station for Sale in Port Elizabeth.

Business Description:

SORRY FOLKS, THIS ONE HAS NOW BEEN SOLD.

If you are looking to buy a business or sell your business,then please contact: grant@mnbrokers.co.za

Financial Information

Current Annual Turnover Profit:

R6 594 035 (12 months Trading)

Net Cash Flow (EBITDA):

R3 363 220 (12 Months Trading)

ROI%

+-49%

Assets / Office Equipment:

+-R990 000 (Included in the Asking price).

Owner Drawings:

TBC

Stock on Hand:

+-R 1 600 000 (Excluded from the Asking Price)

Property

Leased. The premises utilized consist of a forecourt, Café / Takeaway, storeroom and offices

Monthly Rental:

+- R32 000 Leased (Landlord approval / franchisor approval may be required)

Vat registered:

Yes

Franchise:

Yes, Franchisor approval of the new owner may be required

MORE DETAILED FINANCIAL INFORMATION IS AVAILABLE BUT WILL ONLY BE PROVIDED TO SERIOUS QUALIFIED BUYERS AT A TABLE TOP MEETING AND ON COMPLETION OF A NON DISCLOSURE AGREEMENT

BuSiness Information

Industry

Branded Petrol Station

Asking Price

R8 500 000 (Excluding Stock on Hand)

PROVINCE

Eastern Cape

CITY

Port Elizabeth

Premises:

The premises utilized consist of a forecourt, Café / Takeaway, storeroom and offices

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Hours of work:

This a 24hr (365 days) operation

  

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Buyer Profile:

This business will suit a husband-and-wife team / family or another similar type of business that is looking to expand their current business footprint or a person / entrepreneur who is looking to enter the Fuel trade. Knowledge and or experience of the industry is recommended.

Full training and support will be provided by the seller and franchisor to the new owner.

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Growth Potential:

This business has an already established client base; thus, expansion possibilities include the opening of additional branches in other areas, developing a online store and / or adding new product lines’

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Reason for selling:

New business commitments

Disclaimer: All the information contained within this prospectus is supplied in good faith and is based on information supplied by the Seller; MN Business Brokers makes no representation as to its accuracy and in no way will be held liable for any eventualities arising from the use of the information provided.

Contact Us

call

Grant – 073 556 0065

email

grant@mnbrokers.co.za

visit

Office GF001 | Kings Market Office Suite | Cnr Buffelsfontein Road & Titian Road | Walmer Heights | Port Elizabeth | 6070