Engen service station business for sale

Ref # 2332079
N$15,500,000
Property Details
Erf 540 Sam Nujoma Ave, Engen Service Station, Erf 540

Profitable Business Opportunity: Swakopmund Engen Service Station for Sale

Seize a rare opportunity to own a thriving business in the heart of Swakopmund, one of Namibia’s fastest-growing towns. This well-established Engen service station is renowned for its excellent turnover and strong community presence. Now available at a bargain price, this business venture promises substantial returns and growth potential in a bustling central location.

Prime Business Features:

- Fuel Sales: With an impressive volume of 246 m3 and a profit margin of N$ 1.92 per liter, the fuel station guarantees consistent and lucrative revenue.

- Quick Shop: Generating a turnover of N$ 400k with a gross profit of 36%, the Quick Shop caters to a steady stream of loyal customers seeking convenience and quality.

- Galito’s Chicken Takeaway: This popular food outlet boasts a turnover of N$ 350k and an exceptional gross profit margin of 52%, offering delicious meals that keep patrons coming back.

- Carwash Service: With a turnover of N$ 110k and a 60% gross profit, the carwash adds another profitable dimension to this versatile business.

Investment Details:

- Goodwill: Valued at N$ 13.5 million, this reflects the established reputation and customer loyalty that accompany the business.

- Equipment: Priced at N$ 2 million, ensuring all necessary tools and technologies are included for seamless operations.

Stock on hand will be calculated on the day of take-over, with dry stock averaging N$ 500k and wet stock estimated at N$ 800k. Payment for stock is required within 48 hours of acquisition.

Don’t miss out on this exceptional opportunity to own a central business in Swakopmund with proven success and substantial growth prospects. Contact us for more information and take the first step towards owning this dynamic enterprise.

Property Features
Property Type
Business
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