1. History Background
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| Fully describe the business's activities |
This private filling station is now available in a prime location, offering both the property and business for sale. Only buyers with a valid Non-Disclosure Agreement (NDA) and documented proof of the required funding will be considered.
- Prime Location: High visibility and easy access ensure a steady flow of customers.
- Complete Ownership: Take charge of both the property and business for full control.
- Diverse Revenue Streams: The filling station includes an ATM, Car Wash, and Workshop, which are currently rented out and generate rental income. However, the new owner has the option to take over these ventures for direct operation and added profit potential.
- Convenience Store: A well-established convenience store is part of the package, offering further revenue opportunities.
- Separate Biltong and Water Sales: These additional revenue streams enhance the station's overall profitability.
- Established Business: Already thriving with a loyal customer base.
- Versatility: Customize offerings to meet local demands.
- Potential: Opportunities to expand and innovate abound, such as adding a coffee shop to the car wash side.
In addition to its impressive features, the filling station also benefits from a solar system that powers the site, ensuring sustainable and eco-friendly operations. In addition, the site has its own borehole as well.
This opportunity is limited to serious buyers with a valid NDA and verified funding capacity. Don't miss out on this private filling station!
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| How long has the business been established? |
In excess of 20 years |
2. Present Market
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| How does the business operate daily? |
The owner runs the business on a daily basis, however, provision has been made for a manager's salary in the expenses.
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| How are the clients attracted to the business? |
The site's primary allure stems from its predominantly passing trade and exceptional offerings, including a well-managed C-Store and bakery. Additionally, the presence of an ATM, Biltong section, and water further enhance its appeal. The availability of supplementary services such as a car wash and workshop also contributes to attracting clients to the location. |
| What Advertising/Marketing is carried out? |
None other than on-site advertising. |
| Does the business have any contract work? |
No, the business does not currently have any contract work. However, there are numerous car dealerships in the area that can be approached to utilize the filling station's services. |
| What competition exists? |
The normal for the industry. |
| What is the monthly litres? |
The station pumps around 200,000 liters of fuel monthly, supported by four fuel tanks - two with a capacity of 14,000 liters each for Diesel, and two with 23,000 liters each for petrol. To efficiently cater to its clients, the station features in excess of 16 nozzles, ensuring quick and convenient service, even during peak periods. The station maintains a high RAS and profitability, which is well in excess of comparable size stations.. |
3. Financial
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| Is the business VAT Registered |
Yes. |
| Are there up to date management accounts? |
Yes, available. |
| How could the profitability of the business be improved? |
The Car Wash and Workshop can be brought in-house as they are currently rented out for rental income, The option also exists to potentially replace the Workshop with a supermarket. The addition of a coffee shop could be considered to support the car wash. The possibility also exists to replace the Workshop with a Supermarket. |
4. Staffing
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| What is the total staff complement? |
Twenty-Five Staff members |
| Staff Breakdown |
Will be provided as part of the Due Diligence. |
| How involved is the Owner in running the business? |
he owner's son is involved on a daily basis. |
5. Premises
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| When Does the Current Lease ends? |
Premises are owned by the Seller and included as part of the sales transaction |
| Is there an option for renewal & what period |
Yes |
| What are the Trading Hours? |
Twenty Four Seven |
| What is the square meterage of the business? |
Approximately 100m². |
| Is a copy of the lease available? |
Yes |
| Do You require a license? |
No |
6. Assets
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| What are the main assets of the business? |
The premises and all related equipment, an asset register will be drawn up and supplied to qualifying buyers |
| Are any items not included in the sale? |
The Car Wash and Workshop are leased to Tennants and there is an ATM that also pays rental.
The Car Lifts in the Workshop are excluded |
| What is their overall condition? |
Good condition |
7. S.W.O.T. Analysis
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| Strengths |
Privately owner filling station with both the property and the business for sale resulting in a high RAS and profitability for the owner
The filling stations C-Store, Bakkery, Biltong and Water are very well run and popular with the clients
ATM attracts additional clients
A Solar system is installed
The site has its own Borehole. |
| Weaknesses |
None identified |
| Opportunities |
A new owner can stop leasing the Car Wash and Workshop and run them for their own pocket.
Preliminary discussions have also been had with a supermarket group about the potential to replace the Workshop with a supermarket |
| Threats |
None identified |
8. Reason For Sale
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| What is the reason for the sale? |
Retirement. |
9. Conclusion
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| Why is this a good business to buy? |
Private Filling Station with the Property. |