This is a rare opportunity to own an established site with enormous potential and limitless possibilities for the ideal investor. The owners have successfully run this site for many years.
BidEasy Auctioneers in association with Bidders Choice
Register to bid: https://vr2.vortexauction.com/bidderschoice/upcoming-auctions/11383-property-fuel-station-site / biddersonline.co.za / 0861 444 242
It is an established fuel station, located on a busy road (R504), in the business district of Wolmaransstad with excellent entry and exit. Few competitors are operating in the area, giving this business a major advantage.
The site can be improved significantly with modernization and innovation with regards to expanding multiple income streams. Special mention must be focused on the growth potential of the convenience store which has the potential to radically transform this business and increase literage.
In addition, the site is ideal for a franchise outlet (fast food / refreshment, etc.). The size of the site supports growth and is a prime opportunity for an operator to implement improved management systems and increase revenue streams exponentially.
The fuel station pumps approximately 144000ℓ petrol and diesel per month (RAS Margin):
• Unleaded 93 – 34000ℓ pm (2.12c p/ℓ)
• Unleaded 95 – 46000ℓ pm (2.12c p/ℓ)
• Diesel 10ppm – 64000ℓ pm (2.00c p/ℓ)
There is 1 x 23000ℓ Tank (Unleaded 95), 1 x 14000ℓ Tank (Unleaded 93) & 1 x 23000ℓ Tank (Diesel 10ppm).
Forecourt sales on average per month:
• Oil Sales: R21,000.00
• Wood & Charcoal: R3,500.00
Store figures:
The growth potential for the convenience store is massive. The current turnover in the convenience store is ± R240,000.00 with airtime sales ± R110,000.00 on average per month.
The seller has a supply agreement in place with Sasol to supply fuel for another ±2 years with an option to renew for an additional 10 years.
UPSIDE OPPORTUNITY POTENTIAL
There is a massive upside opportunity potential to increase revenue in these areas of the business:
− Franchise / Food Preparation Outlet: Fast Food / Refreshments.
− Increase Diesel literage by utilizing undeveloped land as a stopover for bigger trucks.
− Drive Thru Convenience Store.
− Service / Repairs Workstation: There is a workshop / workstation on site that is not being utilized. There is an upside opportunity for the new owner to add this cost center.
− Car Wash: An owner-operated car wash could be opened and would increase the revenue.
Currently, there is no space being rented out as the entire building is being used for storage purposes:
• Car showroom (±210m2)
• 2 x shops (±30m2 & 50m2)
• Large workshop (±400m2)
ASSETS BELONGING TO THE SELLER
• Buildings
• Land
• Canopy
• Generator (60kva 3 phase)
ASSETS BELONGING TO SASOL
• Pumps
• Underground Tanks
• ATG’s
• Site Controller
Sasol maintains and services all of the above-mentioned equipment.
Rental is charged at 7c P.L.
All the signage belongs to Sasol.
ADDITIONAL DOCUMENTATION AVAILABLE ON REQUEST
• Site License
• Retail License
• Income and Expenditure Statement
• Zoning Certificate
