Filters
LocationSouth Africa, Eastern Cape

Sector - Retail

Asking Price
R9,500,000
Monthly Profit
R 352,999
Asset Value
R 0
Stock Value
R 600,000
Yearly Net Profit
R 4,235,982

Summary

Situated on the main route from Gauteng and other provinces in the North to the Eastern Cape and South Western districts of Plettenberg Bay and George area.
For the period 1 July 2017 to 30 June 2018 this business netted in excess of R 4 000 000( R355 000 per month and is priced to sell!!

Give me more information

Fully describe the business's activities?

The trading of a typical large fuel station with convenience and fast food facilities for travelers.
Open 24/and renown for its excellent service.

How does the business operate on a daily basis?

Shift change at 6 am and 6 pm.
Managers do cash up and stock taking of fast moving stock.
Fuel pumped vs Fuel charged is reconciled and regular tip tests are done.
The convenience and fast food outlet have own Point of Sale and excellent stock control is applied.
Orders are normally placed once a day .

What Advertising/Marketing is carried out?

Advertising by franchise by visible signage, website and social media.
Banners and Flyers are also used.

What competition exists?

Limited competition from other fuel stations in the area.

How could the profitability of the business be improved?

More interaction with local public

When does the current lease end?

The Current lease ends in 2020. The Franchise issue a new lease agreement to a new retailer.

What are the trading hours?

Trading Hours are 24/7

What are the main assets of the business?

The main Assets is the Goodwill of the Fuel Franchise, Convenience and Fast Food outlets.
All Assets and equipment is owned by the Fuel Franchise except those specified by the present owner.

Strengths?

Well established, highly profitable and priced to sell.
This fuel station is one of the strong brands with clear signage and well managed

Weaknesses?

Limited competition from other fuel stations in the area.

Opportunities?

Great opportunity to buy this highly profitable fuel station at a very reasonable price.

Threats?

This fuel station is complaint in every respect of licencing, Hasap and other municipal and health regulations.
we therefore see no threats to this business.

What is the reason for the sale?

The owner wishes to retire.

Location

Contact | Enquire

Willem

Willem Smuts

LocationSouth Africa

Preferred method of contact

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