Fully describe the business's activities?
A fuel station with convenience and workshop serving the community in which it is situated
How long has the business been established?
The Business has been established since 1986
How long has the owner had the business?
The owner started the business in 1986
How does the business operate on a daily basis?
The fuel station is open on a 24/7 basis and serves the community of the Langkloof and Tsitsikamma area.
How are the clients attracted to the business?
Well known for its client friendly service, and has a monopoly for fuel and workshop service in the area.
What Advertising/Marketing is carried out?
The Fuel Franchise markets by means of web site advertising, TV, brochures and flyers. The present owner is well known in the community and advertises at local schools and clubs.
Does the business have any contract work?
No contract work.
What competition exists?
Limited competition from an independent supplier.
What are the seasonal trends?
Consistent monthlysales throughout the year with a slight peak over summer months.
What is the monthly litres?
The fuel sales is 107 000 litres per month, but the only supplier of Tyres and workshop in the area.
What is the total staff complement?
The total staff compliment is 18 members
Give a breakdown of staff/ functions/ length of service?
1 Supervisor, 2 convenience cashiers, 2 mechanics in workshop and 14 petrol jockeys
Do any receive special perks or incentives?
The staff are all remunerated in accordance to the Sectoral Determination Act
Are they on contract?
All staff on contract
Do any have management potential?
The supervisor has excellent managerial skills.
How involved is the Owner in running the business?
The owner is 60 % involved in running the business.
When does the current lease end?
The premises are owned by the present owner and will be included in the sale.
Is there an option of renewal & what period?
What is the annual escalation %?
What are the trading hours?
What is the square meters of the business?
The premises in total is 5 2025 m2. A more detaled discription is available to qualified buyers.
Who is the Owner/Landlord?
THe Present owner own the property.
Is a copy of the lease available?
Do you require a licence?
You require a retail licence from Department of Energy and site licence from local municipality. These licences are all in order and can be transferred to the new owner.
What lease deposit and/or other surety is required?
A fuel deposit ( by means of Insurance policy seeded to the Franchise) will be required by the Fuel company.
What are the main assets of the business?
The main assets of the business are the Clients, Staff Members, Goodwill and Equipment in the convenience and workshop.
Are any items not included in the sale?
All items on the list are included in the sale.
What is their overall condition?
All equipment are in excellent working condition.
Do any require repairing?
No repairs required at this stage
How have they been valued ?
The Assets and Equipment have been valued at a reasonable market related value.
Which assets are on lease/HP and with whom?
All Assets and Equipment are settled.
What are their settlement amounts?
Will Seller settle or Buyer to take over?
Are copies of agreements available?
Are they presently insured?
The buildings, stock and equipment are properly ensured.
Will always be a demand for fuel, workshop and convenience service in the area. The present workshop is well situated to serve both the Langkloof and Tsitsikamma area and is well supported by the local community.
Limited competition from another fuel station in the area.
This fuel station has great potential to expand its workshop and tyre service which is being neglected according to the present owner.
This fuel station is compliant in all respects and thus has no threats at this stage.
What is the reason for the sale?
The owner wishes to retire.
Why is this a good business?
This is an excellent business to buy as the property is included in the sale and has great potential to expand the business.
What is the price plus stock and the net profit?
The asking price of the business plus property is R 7 700 000. The average month end stock of wet and dry stock is +/-R500 000.
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