Sectors / Category

Annual turnover

|
  • Mandate: 31768
  • Added: 19 Jan 2018
  • AFS
  • 1373

Franchised Fuel station with Property in the Tsistsikamma area

Eastern Cape, Eastern Cape and other areas
1373
Mandate 31768
Added 19 Jan 2018
R 8,200,000* ZAR
Stock: R 500,000
Assets: R 0
R 73,323 ZAR
Willem Smuts
(PRINCIPAL)
Aldes Algoa
Eastern Cape
Eastern Cape
Summary

Franchised fuel station with Property for Sale in the Tsitsikamma/Langkloof area. Netting R 52 000 per month with huge potential to grow.

Franchised Fuel station with Property  in the Tsistsikamma  area
SELLING PRICE AFS
R 8,200,000* ZAR
Stock: R500,000
Assets: R0
R 73,323 ZAR
Summary

Franchised fuel station with Property for Sale in the Tsitsikamma/Langkloof area. Netting R 52 000 per month with huge potential to grow.

To gain access to more business info
please supply us with your details below

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?
Not Applicable

What is the annual escalation %?
Not Applicable

What are the trading hours?
24/7 daily

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?
Not Applicable.

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?
Not Applicable

Will Seller settle or Buyer to take over?
Not Applicable

Are copies of agreements available?
Not Applicable

Are they presently insured?
The buildings, stock and equipment are properly ensured.

Strengths?
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.

Weaknesses?
Limited competition from another fuel station in the area.

Opportunities?
This fuel station has great potential to expand its workshop and tyre service which is being neglected according to the present owner.

Threats?
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.

Other listings by Willem
R 5.85MZAR
Added : 10 Sep 2018 185
Yearly profit : R2,517,896
Eastern Cape
R 185KZAR
Added : 6 Sep 2018 1598
Yearly profit : R256,200
Western Cape
R 2.00MZAR
Added : 23 Aug 2018 208
Yearly profit : R924,688
Eastern Cape
FRANCHISE DETAILS

Aldes Algoa

1 members
32 active mandates
Eastern Cape
16 Frykenhuis Street, Summerstrand
6001

Our experienced cross industry brokers are
waiting to assist and guide you…

Similar Businesses for sale

Discover similar, inspiring businesses for sale

R 5.85MZAR
Added : 10 Sep 2018 185
Yearly profit : R2,517,896
Eastern Cape
R 10.10MZAR
Franchise
Added : 16 Aug 2018 378
Yearly profit : R4,235,982
Eastern Cape
R 5.90MZAR
Added : 16 Aug 2018 308
Yearly profit : R1,165,268
Eastern Cape
R 10.30MZAR
Added : 9 Aug 2018 318
Yearly profit : R2,404,597
Eastern Cape
R 6.35MZAR
Added : 20 Mar 2018 913
Yearly profit : R2,042,532
Eastern Cape
R 7.80MZAR
Added : 29 Sep 2017 2785
Yearly profit : R2,375,381
North West
R 4.80MZAR
Added : 20 Jun 2016 3353
Yearly profit : R1,642,374
Eastern Cape

Businesses in Gauteng

Annual Turnover Amount between R 500 thousand and R 6 million

R 1.05MZAR
Added : 17 Sep 2018 29
Yearly profit : R263,895
Gauteng
R 1.40MZAR
Franchise
Added : 14 Sep 2018 79
Yearly profit : R322,224
Gauteng
R 1.90MZAR
Added : 12 Sep 2018 93
Yearly profit : R1,082,396
Gauteng
R 510KZAR
Franchise
Added : 3 Sep 2018 167
Yearly profit : R244,588
Gauteng
R 550KZAR
Added : 2 Sep 2018 300
Yearly profit : R614,067
Gauteng
R 1.30MZAR
Franchise
Added : 31 Aug 2018 213
Yearly profit : R510,646
Gauteng
R 1.67MZAR
Added : 30 Aug 2018 354
Yearly profit : R1,410,081
Gauteng
R 790KZAR
Added : 30 Aug 2018 177
Yearly profit : R286,467
Gauteng