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Major Brand | Flagship Site | Pumping in excess of 600,000l per month
This well-established and highly profitable petrol station and property are based in Mpumalanga province and are part of a major brand.
The company consists of the petrol station, c-store and car-wash with a solid management team. (owner lives outside SA).
The current supply agreement with the oil company is coming to an end in December 2019. Thus, making it an ideal opportunity to renegotiate the deal or even to look at rebranding the site with another oil company.
We are inviting indications of interest for the Petrol Station and/or Property (either one or together)
• Petrol Station: Monthly Profit Before Tax R640,000
• Property: Rental Income of R350,000 per month
• Highly experienced management team. Current owner has been running the business for the
last eight years from outside South Africa
• Strong balance sheet: The seller owns all the assets (pumps, tanks and canopy).
• Business property held in a separate legal entity
• Strong possibility to negotiate and rebrand the petrol station when the current agreement comes
to an end in December 2019.
• No BBBEE Requirements
• Current oil company indicated their interest to sign a new supply agreement for ten years. They
offer R1,5m towards the cost of improvements, full retail margin, minus a 0,06cpl recovery fee.
Real Property Included
Prime High Street Location
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