This long established and newly renovated Petrol Station Pumps on average per month 401,000 liters of petrol and 60,000 liters of diesel. The shop turnover is just over R 1.0 million and the car-wash R 50,000
The business trades under a Private Company and is owned by two Shareholders. The land and property belong to the Oil Company
PERIOD IN OPERATION.
Business since its inception in 1949 and with present owner from the early part of 2002.
The owner and his wife together with 38 staff members.
Present trading hours: 24 hours per day, seven days per week, twelve months per year.
TERMS OF LEASE.
The remaining lease period is for a period of four years with an option to renew. BP SA imposes a penalty if the business is sold within six years in order to encourage continuity of ownership. The forecourt rental is linked to the diesel sales with franchise fees of 12% of shop turnover.
FORECOURT & SHOP DETAILS.
There are 5 petrol pumps, each with 4 nozzles, 2 diesel pumps each with 1 nozzle. LRP Petrol is housed in 2 tanks of volume 23,000 liters each and ULP petrol is housed in 2 tanks of 23,000 liters capacity. Diesel is housed in 1 x tank of 23,000 liter. The shop size is approximately 120 m2.
LOCATION: Helderberg Basin, Western Cape
ASSET VALUE: R 1 million
STOCK LEVELS: R 1.5 million approx.
NET PROFIT: R 4.8 million per annum
ASKING PRICE: R 16.6 million plus stock